Forensic CPA - Insurance Claims

$130,000 - $130,000/Yr

United Public Adjusters & Appraisers - Melville, NY

Full-time - Mid Level

Melville, NY

Insurance Carriers and Related Activities

About the position

United Public Adjusters & Appraisers, Inc. is seeking an experienced Forensic CPA to join our expanding team in Melville, NY. This role is ideal for detail-oriented forensic accountants who are passionate about analyzing financial data and providing insights into insurance claims. As a Forensic CPA, you will be responsible for evaluating, quantifying, and reporting financial losses related to various types of insurance claims, including Business Interruption, Builder's Risk, and Property Damage & Inventory Claims. Your expertise will be crucial in determining the validity of losses and ensuring that clients receive fair compensation during challenging times. In this position, you will work closely with adjusters, legal teams, and building consultants to analyze net income variations, evaluate revenue impacts, and assess expenses related to covered perils. You will quantify soft costs, hard costs, and delay in startup expenses for Builder's Risk claims, collaborating with delay experts and consultants. Additionally, you will review and categorize invoices, summarize losses, and assess inventory valuations for Property Damage & Inventory Claims, ensuring accuracy and completeness in all financial reporting. Your role will also involve using industry data to fill gaps in financial documentation and reconciling discrepancies between parties. A collaborative approach is essential, as you will work hand-in-hand with the insured, adjusters, legal counsel, and third-party experts to present clear and concise financial reports. This position offers a unique opportunity to make a significant impact in the insurance claims space while working in a fast-paced and rewarding environment.

Responsibilities

• Analyze net income variations for Business Interruption Claims and evaluate revenue impacts and expenses related to covered perils.
• Quantify soft costs, hard costs, and delay in startup expenses for Builder's Risk Claims, collaborating with delay experts and consultants.
• Review and categorize invoices, summarize losses, and assess inventory valuations for Property Damage & Inventory Claims, ensuring accuracy and completeness.
• Utilize industry data to fill gaps in financial documentation and reconcile discrepancies between parties.
• Collaborate with insured clients, adjusters, legal counsel, and third-party experts to present clear and concise financial reports.
• Identify key documents and brainstorm alternative sources when data is unavailable, creating structured solutions for supporting complex claims.

Requirements

• CPA designation with a minimum of 5 years of experience in forensic accounting or a related field.
• Experience in insurance claims analysis, especially in Business Interruption and Property Damage.
• Proficiency in reviewing financial statements, invoices, and inventory records.
• Strong communication skills to explain complex accounting concepts to clients and adjusters.
• Ability to analyze industry reports and external data sources when necessary.
• Expertise in working with legal teams and construction experts in Builder's Risk claims.
• Familiarity with commercial and residential insurance claims processes is a plus.

Nice-to-haves

• Experience in a fast-paced environment with a focus on client advocacy.
• Knowledge of advanced forensic accounting techniques.

Benefits

• Dental insurance
• Health insurance
• Paid holidays
• Paid time off
• Professional development opportunities