Marsh & McLennan - Senior Manager - Risk Consulting

The Knowledge Services team is an integral part of the future strategy of Claims Solutions and Marsh Advisory. The Claims Solutions team in Mumbai comprises of finance / accounting professionals engaged in supporting Marsh colleagues and clients across the globe with the preparation and settlement of complex insurance claims

Marsh is seeking candidates for the following position based in the Mumbai office:

Senior Manager - Risk Consulting

What can you expect?

Forensic accounting is a bespoke service offered to Marsh clients by the Claims Solutions team within Knowledge Services. The team works closely with other Marsh colleagues across the globe to provide analytical solutions, visualizations, claim data management, and forensic accounting services to clients in a variety of industries

- Use forensic accounting skills to undertake the quantitative analysis necessary to quantify, document, and present claims to (re)insurers with an emphasis on Business Interruption claims.

- Analyze data and perform in-depth review of electronically stored information and documents including purchase orders, invoices, expense bills etc.

- Review client provided financial statements to analyze the impact of damages related to catastrophic events, fire, flood, product recall, or other covered losses.

- Interact with client personnel and internal stakeholders to obtain information and present measured damages.

- Assist with the preparation of pre-loss Business Interruption projects to address the adequacy of current client insurance policy wording and limits

What is in it for you?

- A competitive salary

- Employee friendly policies

- Health care and insurance for you and your dependents

- Healthy Work life balance

- A great working environment

- Future career opportunities across a global organization

We will count on you to:

Delivery Management:

- Develop a thorough understanding of the Risk Evaluation model and process.

- Prepare detailed work-papers and assisting in preparation of confidential reports.

- Understand the client's financial statement and provide financial analysis on the components of financial statement.

- Prepare claims for businesses who have incurred losses that could be caused by natural catastrophe.

- Collaborating with other teams within Knowledge Services, Mumbai to enhance the current value

- proposition and pioneer innovative solutions to claim preparation and data management related problems.

- Mentor more junior KS colleagues to support achievement of their professional goals.

- Reviewing work products prepared by more junior team members to provide Quality Assurance

- (QA) and actionable feedback.

Stakeholder Management:

- Partner/Collaborate with the FAS colleagues. Closely liaise with relevant stakeholders through

- continuous communication and contribute to their success.

- Support Marsh Claims Solutions colleagues in regions around the world to quantify, document, and present losses occurring in local geographies.

What you need to have:

- Chartered Accountant qualification

- 6+ years professional experience in accounting firm (Big 4) or similar consulting

- Outstanding stakeholder management skills.

- Strong communication and presentation skills with the ability to interact with all levels of internal

- and external business partners

- Problem solving and critical thinking approach

- Ability to work independently and think critically regarding financial statement analysis

- Ability to manage personal and junior colleague time appropriately to deliver high-quality projects

- Exceptional attention to detail and commitment to preparing error-free analysis

- Project Management Skills - Tight control on quality and timelines

What makes you stand out?

- Prior experience handling Business Interruption insurance claims is highly desirable

- Advanced knowledge of financial data modelling and loss valuations

- VBA Macros and experience in automating tasks

- Adaptable to new age data management tools

- Flexibility to work in order to provide some overlap hours with International colleagues Professional working proficiency in English

Marsh is the world's leading insurance broker and risk adviser. With more than 45,000 colleagues advising clients in over 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. For more information, visit marshmclennan.com, follow us on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person