Delegated Authority Bordereau Analyst
3 days ago
We are currently partnering with a Market Leading Specialty Insurance and Reinsurance company to recruit a Delegated Authority Bordereau Analyst. Supporting the DA Oversite 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 include but are not limited to:
Strategy & Planning:
- Assisting the management and processing of received bordereau.
- Managing the bordereaux collection process and escalating issues to DA Business Partners.
- Problem solving and liaising with Coverholders and Brokers when issues arise.
- Ensuring effective communication is maintained with all parties involved.
Policy, Process and Procedures:
- Working with the DA Business Partners to ensure a sensible direction for market bordereau changes.
- Review and enhance key areas of data improvement in line with Lloyd’s standards on changes to Lloyd’s reporting standards and requirements.
- Management and production of bordereaux MI and other Binder/Bordereau reporting.
- Ensuring that all process and training documentation is kept up to date.
Environmental Awareness/Customer Focus:
- 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:
- Assist the Conduct area in operating product oversight procedure for delegated authority business via bordereau data
- Provide technical advice on bordereau data requirements for specific territories and classes of business.
The ideal candidate should have:
- Progression towards ACII preferred, or a willingness to undertake professional study when in role.
- Understanding of Lloyd’s delegated bordereau standards
- Preferred experience with BDX bordereau system, including mapping
- Minimum 3+ years in the London Insurance Market in an operational, reporting or support role
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