Compliance and Risk Specialist
6 days ago
Compliance Technician
About the Role:The Recruiter Ltd is seeking a highly skilled Compliance Technician to join our expanding team. As a key member of our team, you will be responsible for ensuring timely processing of premium/risk bordereaux.
Key Responsibilities:- Track and Manage Bordereaux Receipt: Timely receipt of bordereaux is crucial, and you will be responsible for tracking and managing this process. Contacting brokers for overdue or missing bordereaux and escalating issues to the Underwriting Manager or Operations Manager is also part of your role.
- Monthly Processing and Reporting: Undertake monthly processing, track timeliness of bordereaux submissions, and perform reporting on account performance. This will help identify areas for improvement and ensure compliance with statutory obligations.
- Anomaly Identification and Escalation: Identify anomalies, liaise with brokers and underwriters, document findings, and amend system entries as necessary. Your attention to detail and analytical skills will be essential in this role.
- Bordereau Management System Setup: Assist with setting up cover holder/binder information on the bordereau management system.
- Reporting and Compliance: Produce reports on missing/overdue bordereaux and processing status. Maintain compliance with UK or International statutory or regulatory obligations.
To succeed in this role, you will require:
- Lloyds Marketplace Processes: Understanding of the Lloyds marketplace processes and knowledge of binding authorities/bordereaux and data manipulation.
- Technical Skills: Advanced proficiency in Microsoft Excel, strong technical skills, and prioritisation of workload.
- Collation, Analysis, and Interpretation: Ability to collate, analyse, and interpret data to inform decision-making.
We offer a competitive salary of £40,000 - £50,000 per annum, depending on experience. If you are a motivated individual looking to make a real difference in a dynamic team, please apply.
About Us:The Recruiter Ltd is a leading recruitment agency dedicated to finding top talent for our clients. We pride ourselves on our commitment to excellence and customer satisfaction.
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