DA Bordereau Analyst

Edenbrook; City Of London; On-site; GBP 40,000 - 70,000; Full time

Job summary

Join a market-leading specialty insurance and reinsurance firm as a Delegated Authority Bordereau Analyst. In this pivotal role, you will support the DA Oversight Manager by ensuring accurate tracking and processing of bordereau data. Your expertise will help enhance data quality and compliance with Lloyd’s standards. This position offers an exciting opportunity to work closely with Coverholders and Brokers, tackling challenges and ensuring effective communication across all parties. If you have a strong background in the London Insurance Market and are eager to contribute to a dynamic team, this role is perfect for you.

Qualifications

• Minimum 3+ years in the London Insurance Market in an operational, reporting or support role.
• Understanding of Lloyd’s delegated bordereau standards.

Responsibilities

• Assisting the management and processing of received bordereau.
• Managing the bordereaux collection process and escalating issues.

Skills

Problem Solving

Communication

Data Management

Technical Advice

Education

ACII Progression or Willingness to Study

Experience in London Insurance Market

Tools

BDX Bordereau System

Job description

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