Manager - Risk Consulting

1 Month ago • 4-6 Years

Job Summary

Job Description

The Claims Solutions team in Mumbai is looking for a Manager - Risk Consulting to deliver high-quality forensic accounting work. Responsibilities include understanding claims processes, preparing work papers, analyzing financial statements, and collaborating with stakeholders. The role involves preparing claims for businesses that have incurred losses and providing insights into loss valuation assumptions. The role involves working at least three days a week in the office. You will be working with the Knowledge Services team to support Marsh colleagues and clients across the globe with the preparation and settlement of complex insurance claims. Additionally, the role involves preparing claims for businesses who have incurred losses that could be caused by natural catastrophe.
Must have:
  • Chartered Accountant or MBA in Finance.
  • 4-6 years of experience in accounting or professional services.
  • Strong communication and presentation skills.
  • Ability to work independently and think critically.
  • Exceptional attention to detail.
Good to have:
  • Prior experience handling Business Interruption claims.
  • Advanced knowledge of financial data modeling.
  • VBA Macros and experience in automating tasks.
  • Building visualizations in Excel or PowerBI.
  • Professional working proficiency in English and other European languages
Perks:
  • Professional development opportunities.
  • Vibrant and inclusive culture.

Job Details

Company:

Marsh

Description:

We are seeking a talented individual to join our Claims Solution team at Marsh. This role will be based in Mumbai. This is a hybrid role that has a requirement of working at least three days a week in the office.

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. The candidate would join the team in delivering high quality forensic accounting work across multiple geographies

We will count on you to:

  • Develop a thorough understanding of the Claims Preparation and Pre-Loss BI Review model and processes.

  • Understand the key players involved in the Claims Lifecycle.

  • 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.

  • Provide walkthroughs of claims or pre-loss models to Marsh stakeholders, detailing the  loss valuation assumptions.

  • Partner seamlessly with other team members within KS Claims Solutions on projects.

  • 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.

  • Partner/Collaborate with the FAS colleagues. Closely liaise with relevant stakeholders through continuous communication and contribute to their success.

  • Support in promoting IKS through regional engagement initiatives and develop new touchpoints with global colleagues

What you need to have:

  • Chartered Accountant or completed degree in Master of Business Administration, Finance

  • 4-6 years professional experience in accounting firm (Big 4) or similar professional services firm

  • Strong communication and presentation skills with the ability to interact with all levels of internal and external business partners

  • 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

  • Advanced Microsoft Excel Skills

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

  • Building visualizations in Excel or PowerBI

  • Professional working proficiency in English required but additional linguistic skills in European languages (Spanish, French, or German) is a plus

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.

  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow 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.

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About The Company

Marsh McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The Company's 76,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advancedrisk,reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients.

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