Senior Consultant, Quantitative Analysis

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Company: Alan Gray LLC

Location: Boston, MA 02115

Description:

Alan Gray is a leader in claims services, with an outstanding reputation in providing innovative solutions to leading (re)insurers.

Our Quantitative Services team is growing! We are looking for a dynamic and entrepreneurial Senior Consultant to join our team and drive success in a fast-evolving landscape.

Duties and Responsibilities:
  • Perform insightful quantitative analysis on potential policy exposure for certain long-term or high exposure insurance claims
  • Build and model loss allocation scenarios for mass torts, including policy exposures such as Asbestos, Sexual Abuse & Molestation, PFAS (Per- and Polyfluorinated Substances), Opioids, Product Recall, Toxic Tort, etc. Such analyses would consider:
  • Drivers of loss variability
  • Allocation across multiple policy years
  • Allocation across multiple insurance towers
  • Create customized solutions for each client by creating a relevant approach and deriving relevant solutions. This would involve a combination of insurance, financial, and legal issues to accurately model the various scenarios for our clients
  • Collect and compile data from various sources, ensuring data accuracy and completeness
  • Perform data cleaning and transformation as necessary to prepare it for further analysis
  • Provide ad-hoc reporting and data reconciliation services
  • Coordinate and collaborate with other members of the Quantitative Services team regarding additional data needs necessary for accurate modeling

Preferred Qualifications, Skills, Abilities and Job Knowledge:
  • Several years of experience in consulting, financial analysis, auditing or forensic accounting
  • Excellent Excel, Word, Data Analysis, etc. skills
  • Strong written, oral communication and presentation skills
  • Proven capability to work independently as well as collaboratively within a team environment
  • Exceptional organizational skills with proficiency in handling multiple complex projects across various areas
  • Superior teamwork, time management, organizational, and problem-solving abilities
  • Strong intellectual curiosity and self-motivation
  • Meticulous attention to detail and dedication to maintaining high-quality standards
  • Adeptness to solve qualitative issues using quantitative methods, even with constrained time resources
  • Knowledge of VBA, HTML, or other coding language a plus but not required
  • Knowledge of insurance principles, long-tail claims and working knowledge of jurisdictional intricacies preferred
  • BA/BS in Mathematics, Finance, Economics, or related field preferred
  • Advanced degree a plus but not required

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