Graduate Bordereaux Analyst - London Market Data & Compliance

G MASS Consulting; Greater London; On-site; GBP 27,000 - 33,000; Full time

Benefits offered by this job

Salary: £30,000

Job summary

G MASS Consulting is a specialist Lloyd's and London Market consultancy. We are looking for a Graduate Bordereaux Analyst to be deployed as a G MASS consultant into one of our London Market insurance clients, working embedded within their delegated authority operations team.

You will own the receipt, validation and processing of premium and claims bordereaux from coverholders, MGAs and TPAs, making sure data is accurate, complete and compliant with contract terms.

Qualifications

• Interest in insurance and the London Market.
• Advanced Excel skills and ability to handle large data sets.
• Able to learn policy administration and bordereaux systems quickly.
• Degree educated or equivalent experience.

Responsibilities

• Track receipt of monthly premium and claims bordereaux against reporting schedules and chase late/incomplete submissions.
• Validate bordereaux data against binding authority terms including limits, territories, classes of business, binder periods.
• Check submissions against Lloyd's Coverholder Reporting Standards and internal data requirements; raise data quality issues.
• Load and process validated bordereaux into policy administration and bordereaux management systems.
• Reconcile premium bordereaux to cash received and to written premium; investigate discrepancies.
• Flag potential contract breaches or unusual trends to delegated authority, underwriting and compliance teams.
• Produce internal reporting on bordereaux timeliness, data quality and outstanding issues.
• Support coverholder audits, renewals and wider delegated authority oversight as required.

Skills

Advanced Excel

Detail-oriented

Communication

Education

Bachelor's degree or equivalent

Tools

Bordereaux management systems

Policy administration systems

Job description

G MASS Consulting is a specialist Lloyd's and London Market consultancy. We are looking for a Graduate Bordereaux Analyst to be deployed as a G MASS consultant into one of our London Market insurance clients, working embedded within their delegated authority operations team.

You will own the receipt, validation and processing of premium and claims bordereaux from coverholders, MGAs and TPAs, making sure data is accurate, complete and compliant with contract terms.