Forensic Accountant in London

Forensic Accountant in London

London Full-Time 28800 - 48000 Β£ / year (est.) No working from home possible
Charles Taylor

At a Glance

  • Tasks: Investigate financial insurance losses and analyse accounting records to resolve claims.
  • Company: Join Charles Taylor, a global leader in insurance services with over 120 locations worldwide.
  • Benefits: Enjoy a positive work environment, continuous learning, and fun social activities.
  • Other info: We promote an inclusive culture with zero tolerance for discrimination.
  • Why this job: Be part of a supportive team that values your input and encourages personal growth.
  • Qualifications: Must be ACA or ACCA qualified; forensic accounting experience is a plus.

The predicted salary is between 28800 - 48000 Β£ per year.

The role of Senior Forensic Accountant is to resolve financial insurance losses, including but not limited to, business interruption, product recall, product guarantee, cyber, fidelity and stock, by investigating claims through the detailed analysis and review of accounting records, third party information and general enquiries. Through the methodical analysis of financial data and public information, you will be required to evaluate and identify the real economic impact of the insured incident, enabling the instructing party to minimise risks, protect assets and make informed decisions. Upon completion of the review, the role is extended to assessing the quantum, negotiating the quantum with brokers, lawyers, accountants, and corporate management. Throughout the process, you will be required to work closely with the claimant and the adjuster, at times on your own otherwise as part of the larger accounting team. You may be required to work with other consultants retained by the adjuster, such as construction consultants and engineers, to help ensure that the loss measurement is aligned to the reinstatement timeline. The role will not be limited to financial documents. You will need to look beyond the numbers. This may include researching market trends, industry information and conducting interviews with business owners, employees, vendors, and customers.

  • Investigate and assess insured financial losses from inception to settlement.
  • Provide support and advice to policy holders in relation to their losses.
  • Examine claims forms, policies and endorsements, client instructions and other records to determine coverage in the event of a financial loss.
  • Service current clients.
  • Build relationships and undertake marketing activities to grow client base.
  • Investigate insurance claims by interviewing claimants and witnesses, obtaining official reports, inspecting physical damage, comparing claim information with evidence presented.
  • Set loss reserves.
  • Perform detailed analysis and review of financial and non-financial information.
  • Prepare reports by collecting and summarising information.
  • Identify potential litigation when appropriate.
  • Present evidence and serve as an expert witness at legal proceedings.
  • ACA or ACCA qualified accountant.
  • Past Forensic Accounting experience will be beneficial.
  • Professional and positive outlook.
  • Work with minimal supervision.
  • Strong analytical skills.
  • Strong negotiation skills.
  • Exceptional verbal and written communication skills.
  • Exceptional attention to detail.
  • Strong organisational and interpersonal skills.
  • Team player.

Equal Opportunity Employer At Charles Taylor, we are proud to be an Inclusive Employer. We provide an environment of mutual respect with zero tolerance to discrimination of any kind regardless of age, disability, gender identity, marital/ family status, race, religion, sex, or sexual orientation. Our external partnerships and the dedicated work we do in promoting a transparent and fair recruitment and selection process all contribute to the successful, inclusive, and diverse culture and environment which we are proud to be a part of at Charles Taylor.

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Forensic Accountant in London employer: Charles Taylor

Charles Taylor is an exceptional employer, offering a supportive and inclusive work environment where employees are empowered to excel. With a strong commitment to continuous learning and development, the company provides structured training programmes and study support for professional qualifications, ensuring that team members can grow their careers. Located in a vibrant setting, Charles Taylor also fosters a fun culture with various social and sporting activities, making it a rewarding place to work for those seeking meaningful employment in the insurance sector.

Charles Taylor

Contact Details:

Charles Taylor Recruitment Team

StudySmarter Expert Advice🀫

We think this is how you could land Forensic Accountant in London

✨Tip Number 1

Familiarise yourself with the insurance industry and its specific challenges. Understanding the nuances of financial losses related to business interruption, product recalls, and cyber incidents will give you an edge in interviews.

✨Tip Number 2

Network with professionals in forensic accounting and the insurance sector. Attend industry events or join relevant online forums to connect with potential colleagues and learn about the latest trends and practices.

✨Tip Number 3

Prepare to discuss real-world case studies during your interview. Being able to articulate how you've approached similar situations in the past will demonstrate your expertise and problem-solving skills.

✨Tip Number 4

Showcase your analytical and negotiation skills through examples from your previous work. Highlighting specific instances where you've successfully resolved complex financial issues will resonate well with the hiring team.

We think you need these skills to ace Forensic Accountant in London

ACA or ACCA qualification
Past Forensic Accounting experience
Strong analytical skills
Strong negotiation skills
Exceptional verbal communication skills
Exceptional written communication skills
Exceptional attention to detail

Some tips for your application 🫑

Tailor Your CV:Make sure your CV highlights relevant experience in forensic accounting and showcases your ACA or ACCA qualifications. Use specific examples that demonstrate your analytical skills and attention to detail.

Craft a Compelling Cover Letter:In your cover letter, express your enthusiasm for the role at Charles Taylor. Mention how your past experiences align with their needs, particularly in investigating financial losses and working with clients.

Highlight Soft Skills:Given the importance of communication and negotiation in this role, emphasise your exceptional verbal and written communication skills. Provide examples of how you've successfully collaborated with teams or clients in the past.

Showcase Continuous Learning:Mention any ongoing professional development or training you are pursuing. This aligns with Charles Taylor's commitment to learning and development, showing that you value growth and improvement in your career.

How to prepare for a job interview at Charles Taylor

✨Understand the Role

Make sure you have a solid grasp of what a Forensic Accountant does. Familiarise yourself with the key responsibilities outlined in the job description, such as investigating financial losses and assessing claims. This will help you answer questions more effectively and demonstrate your genuine interest in the position.

✨Showcase Your Analytical Skills

Since strong analytical skills are crucial for this role, prepare to discuss specific examples from your past experience where you've successfully analysed complex financial data. Be ready to explain your thought process and how your analysis led to informed decisions.

✨Prepare for Behavioural Questions

Expect questions that assess your interpersonal skills and ability to work in a team. Think of scenarios where you've demonstrated teamwork, negotiation, or conflict resolution. Use the STAR method (Situation, Task, Action, Result) to structure your responses.

✨Research Charles Taylor

Familiarise yourself with Charles Taylor's history, values, and services. Understanding their position in the insurance market and their commitment to inclusivity will allow you to tailor your answers and show that you're aligned with their corporate culture.