At a Glance
- Tasks: Investigate financial losses and assess claims through detailed analysis and interviews.
- Company: Join Charles Taylor, a leading firm known for its positive work culture and commitment to learning.
- Benefits: Enjoy continuous learning opportunities, professional development support, and a respectful, inclusive environment.
- Why this job: Make a real impact by helping clients navigate financial challenges while working in a supportive team.
- Qualifications: Must be ACA or ACCA qualified with strong analytical and negotiation skills.
- Other info: Be part of a company where 90% of employees recommend working here!
The predicted salary is between 48000 - 72000 £ per year.
Overview
Reference
668014
Salary
£/annum
Job Location
– United Kingdom — England — Greater London — London
Job Type
Permanent
Posted
24 February 2025
The Role
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.
Key Responsibilities
- 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.
Required Skills
- 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.
Why join Charles Taylor?
We are immensely proud of the fact that nine out of ten of our people recommend Charles Taylor as a place to work. We pride ourselves on having a positive work environment where our people are empowered to make the best decisions and where learning is valued highly and shared across our business.
We are very committed to ensuring our people are given continuous learning and development. As well as structured induction programmes and job training, we provide study support for relevant professional qualifications and have a Core Learning & Development Curriculum.
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. #J-18808-Ljbffr
Senior Forensic Accountant employer: Charles Taylor
Contact Detail:
Charles Taylor Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Forensic Accountant
✨Tip Number 1
Make sure to highlight your forensic accounting experience during the interview. Be prepared to discuss specific cases where you successfully resolved financial losses, as this will demonstrate your expertise and problem-solving skills.
✨Tip Number 2
Familiarize yourself with the types of claims mentioned in the job description, such as business interruption and cyber claims. Showing that you understand these areas will set you apart from other candidates.
✨Tip Number 3
Network with professionals in the insurance and forensic accounting fields. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the company culture at Charles Taylor.
✨Tip Number 4
Prepare to discuss your negotiation skills in detail. Since the role involves negotiating quantum with various stakeholders, having examples ready will show that you can handle complex discussions effectively.
We think you need these skills to ace Senior Forensic Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your ACA or ACCA qualifications and any relevant forensic accounting experience. Emphasize your analytical skills, negotiation abilities, and attention to detail, as these are crucial for the role.
Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about forensic accounting and how your past experiences align with the responsibilities outlined in the job description. Mention your ability to work independently and as part of a team.
Showcase Relevant Skills: Highlight specific examples of your strong verbal and written communication skills. Discuss instances where you've successfully negotiated or analyzed complex financial data, as this will demonstrate your fit for the role.
Research Charles Taylor: Familiarize yourself with Charles Taylor's values and commitment to inclusivity. Mention in your application how you align with their positive work environment and dedication to continuous learning and development.
How to prepare for a job interview at Charles Taylor
✨Showcase Your Analytical Skills
As a Senior Forensic Accountant, your analytical skills are crucial. Be prepared to discuss specific examples of how you've analyzed financial data in the past, and how those analyses led to successful outcomes.
✨Demonstrate Negotiation Experience
Negotiation is a key part of this role. Share experiences where you successfully negotiated claims or settlements, highlighting your approach and the results achieved.
✨Prepare for Behavioral Questions
Expect questions that assess your interpersonal skills and ability to work in a team. Prepare examples that illustrate your teamwork, communication, and relationship-building abilities.
✨Research the Company and Industry Trends
Understanding Charles Taylor and the insurance industry will set you apart. Familiarize yourself with recent trends and challenges in forensic accounting and be ready to discuss how they might impact the role.