University Intern, Forensic Accounting & Claims Consulting
AnkuraAbout the role
Ankura is a team of excellence founded on innovation and growth. This position supports the Ankura Construction, Disputes & Advisory Business Group - one of five practices focused on client delivery services across the Firm. Practice Summary: Ankura’s Forensic Accounting and Claims Consulting (FACC) practice focuses on assisting corporations in the quantification and presentation of first party insurance claims as a result of a covered loss. Commonly this entails the calculation of business interruption and extra expense losses. The FACC practice works with its clients to build financial models that quantify these insured losses, and then assists in the claim audit and settlement processes. Our Summer Internship Program has been created to give students an opportunity to learn what life as a consultant in our Forensic Accounting & Claims practice is like at Ankura. As an Intern, you will work on a variety of projects with different engagement teams. The program aims to give you exposure to the breadth of our services and client work. You will work closely with our professionals – Consultants through Director – and gain first-hand experience in consulting. Your assignments may involve work in fact-finding, allocating costs, analyzing damages, organizing information, or helping to manage data. You will also learn new skills and participate in social and volunteer activities throughout the summer.
Responsibilities
- Design financial and accounting models that quantify business interruption, extra expense, property damage, cyber, product recall, and employee fidelity insurance claim losses on the policy holder’s behalf including revenue and expense forecasting
- Prepare annual business interruption and property renewal values for companies in various industries
- Analyze financial statements and other pertinent documentation
- Develop sensitivity analyses related to loss measurements
- Reconciliation of claim amounts to accounting systems and to insurers’ calculations
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