Job Description
An excellent opportunity to join a growing insurance business in London to support the management of bordereaux across the company and MGA cells.
The role 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
* 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*