Edenbrook City Of London, England, United Kingdom
We are currently partnering with a Market Leading Specialty Insurance and Reinsurance company to recruit a Delegated Authority Bordereau Analyst. Supporting the DA Oversight Manager, the successful candidate will be tracking/processing, in a consistent manner providing accurate and timely management information, whilst ensuring improvement in quality of all bordereau information data.
Responsibilities
1. Assisting the management and processing of received bordereau.
2. Managing the bordereaux collection process and escalating issues to DA Business Partners.
3. Problem solving and liaising with Coverholders and Brokers when issues arise.
4. Ensuring effective communication is maintained with all parties involved.
Policy, Process and Procedures
1. Working with the DA Business Partners to ensure a sensible direction for market bordereau changes.
2. Review and enhance key areas of data improvement in line with Lloyd’s standards on changes to Lloyd’s reporting standards and requirements.
3. Management and production of bordereaux MI and other Binder/Bordereau reporting.
4. Ensuring that all process and training documentation is kept up to date.
Environmental Awareness/Customer Focus
1. Day-to-day administrative support, ensuring ongoing DA service delivery, their compliance with service levels, the timely delivery and processing of bordereaux (Risk), the dissemination of performance & regulatory information, pertaining exposure and Conduct Risk compliance.
Technical Performance
1. Assist the Conduct area in operating product oversight procedure for delegated authority business via bordereau data.
2. Provide technical advice on bordereau data requirements for specific territories and classes of business.
The ideal candidate should have
1. Progression towards ACII preferred, or a willingness to undertake professional study when in role.
2. Understanding of Lloyd’s delegated bordereau standards.
3. Preferred experience with BDX bordereau system, including mapping.
4. Minimum 3+ years in the London Insurance Market in an operational, reporting or support role.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Analyst and Other
Industries
Insurance
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