An excellent opportunity to join a growing insurance business in London to support the management of bordereaux across the company and their MGA cells. A broad role which will cover the following areas:
Bordereaux Review
Bordereaux Queries
Binder Data Processing
Reporting & Audits
Key responsibilities will include:
Reviewing Written, Paid and Claims Bordereaux information from the system on a monthly basis
Monitoring and reviewing all errors identified using exception reporting tools and ensuring correct resolution actions are implemented
Resolving bordereaux-related queries from MGA and Carriers
Developing a strong understanding of bordereaux structures, data fields, and carrier-specific requirements
Submitting relevant bordereaux to the Binder Bordereaux System
Creating and maintaining premium mapping templates for new or existing binders/sections
Resolving validation errors and escalating issues to Underwriters, Coverholders, or the Delegated Underwriting team
Supporting reporting requirements and ensuring bordereaux submissions meet governance and carrier expectations
Preparing cash collection statements for Bureau related transactions
Assisting with internal and external audit reviews as required in relation to bordereaux and binder data
Experience and skills required:
Experience in insurance operations or delegated authority/bordereaux management
Knowledge of Risk, Premium, and Claims Bordereaux, including Lloyd's V5.2 standards is desirable
Understanding of Delegated Authority structures and London Insurance Market operations
Someone who is inquisitive and has problem solving/query resolution skills
Proficiency in Microsoft Word, Excel, Outlook, and Adobe Standard
Strong attention to detail, analytical skills, and ability to resolve data errors
Good communication and stakeholder management skills
Self-motivated and able to work independently or as part of a team
*Our client is committed to diversity in all of its forms and operates an inclusive recruitment process*
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