The Claims Recovery practice is part of Advisory s Forensics - Risk, Insurance segment specializing in assisting insurance policyholders with the preparation, presentation and settlement of major insurance claims resulting from some covered cause of loss. Examples of claim types include but are not limited to property, business interruption, cyber, and product recall claims.

The Senior

Manager evaluates and quantifies physical and economic losses from insurable events, such as natural or man-made disasters. Senior managers collect and analyze data to assess damages and calculate financial impact, including business interruptions. Detailed schedules are prepared to present findings and methodologies for clients and the US-based team. Effective communication and collaboration with the US-based team is essential.

The Senior

Manager is responsible for the oversight of multiple projects, ensuring they are completed on time, within budget, and to the required quality standards. This includes planning, execution, and monitoring of project progress. Job Duties- Lead and manage the India-based claims recovery team in preparing insurance claimsResponsible for sourcing, managing, and leading projects and monitoring the quality of work performed on the quantification of insurance claims, predominately as a result of property damage and cyber insured lossesResponsible for analyzing financial data for the purposes of quantifying damages and preparing insurance claimCollaborate with US-based counterparts to resolve complex claim issuesPrepares reports, schedules, and appendices in a clear and concise mannerReviews work product performed and deliverables prepared by engagement team members,



providing technical review and recommendationsFoster relationships with US-based counterparts to facilitate effective communication and resolution of claimsLead the preparation and evaluation of large commercial property damage and business interruption insurance claims, and other projectsClearly and logically articulates the arguments for their positions to US-based counterpartsManage day-to-day interaction and communications with local project staff and US-based counterpartsOversee multiple client projects and manage them effectively for consistent progressEnsure the maintenance of comprehensive and accurate claim correspondence and supporting documentationOther duties as requiredSpecific claims recovery duties include, but are not limited to:Collaborate with US-based counterparts regarding review and interpretation of insurance policies to ensure appropriate application of coverage and valuation determinationsReview and analyze detailed supporting documentation (e.g., contracts, change orders, purchase orders, estimates/quotes; vendor invoices, inventory, payroll and other books and records) to quantify actual costs incurred for replacement/repair of damaged assets including real and personal property, inventory, machinery and equipment, etc.Perform analyses of historical actual and planned volume,



pricing/cost and revenue statistics in order to quantify impact on production, sales and inventory and calculate lost revenuePerform analyses of fixed/continuing and variable non/continuing expenses in order to calculate business income value associated with lost revenueReview and analyze detailed supporting documentation (e.g., purchase orders, estimates/quotes; vendor invoices, payroll records) to quantify expediting/extra expensesSupervisory Responsibilities Liaise with US-based counterparts to ensure alignment of claims strategies and practices, and to facilitate cross-border collaboration and knowledge shareSupervise the day-to-day workload of Manager, Senior Associates and Associates on assigned engagements and review work productSupervise the day-to-day workload of Manager, Senior Associates and Associates on assigned engagements and review work productProvide strategic guidance and support to local claims recovery team members throughout the insurance claims processDevelops the capabilities of less experienced staff through coaching, mentoring, knowledge transfer, internal training delivery, and assignment of challenging work opportunitiesEnsures Managers, Senior Associates and Associates are trained on all relevant core competenciesEvaluates the performance of Managers, Senior Associates and Associates and assists in the development of goals and objectives to enhance skilled developmentEducation: Bachelor s degree (or equivalent) in Accounting, Economics, Finance or other relevant field, requiredMaster s degree (or equivalent) is strongly preferredExperience: .

📌 Forensics - Claims Recovery (Bengaluru)
🏢 BDO India
📍 Bengaluru