Lloyds Bordereaux Technician Hybrid Working

The Recruiter Ltd; Southend-on-Sea; On-site; GBP 25,000 - 35,000; Full time

Job summary

A leading company is seeking a Bordereaux Technician to join their expanding team in Southend-on-Sea. The role involves monitoring and processing bordereaux, ensuring compliance with regulations, and requires strong technical skills, particularly in Microsoft Excel. Ideal candidates will have an understanding of the Lloyds marketplace and be adept at data analysis and reporting.

Qualifications

• Strong technical skills and ability to manage workload.
• Knowledge of binding authorities/bordereaux preferred.

Responsibilities

• Track timely receipt of premium/risk bordereaux.
• Identify anomalies in bordereaux and liaise with brokers.
• Produce reports regarding missing/overdue bordereaux.

Skills

Microsoft Excel

Data analysis

Time management

Understanding Lloyds marketplace

Prioritization

Job description

Salary: Not specified

Location: Southend on Sea, Essex

Job Type: Permanent

Ref: SJP230734

Bordereaux Technician required for this expanding team

Ensuring all bordereaux are downloaded from repositories and monitoring emails (either sent direct or via a central mailbox), in order to ensure processing is undertaken in a timely manner.

• Tracking timely receipt of premium/risk bordereaux for all delegated underwriting arrangements in place including contacting brokers for overdue or missing bordereaux. Escalating to Underwriting Manager or Operations Manager as appropriate where issues arise.
• Undertake monthly processing, tracking timeliness of premium/risk bordereaux submissions, and performing subsequent reporting performance of the underlying accounts.
• Identifying anomalies within the bordereau will require liaising with the brokers and underwriters, documenting your findings and, if required amending entries in our systems as necessary.
• Assisting with the setup of cover holder/binder information onto the inhouse bordereau management system using key details from the slip and ensuring where binders have multiple sections that all this information is uploaded accurately.
• Producing portfolio reports in relation to missing/overdue bordereaux and status of bordereaux processing into our systems.
• To maintain compliance with any applicable UK or International statutory or regulatory obligation as required by the role.

Technical Skills

Understanding of the processes and procedures of the Lloyds marketplace.

• Knowledge of binding authorities/bordereaux and cleansing/manipulating bordereaux data would be advantageous.
• Ability to plan, organise and time manage effectively.
• Strong technical skills and ability to prioritise workload to meet deadlines.
• Collation, analysis and interpretation of data, information and commentary from a range of sources.
• Advanced proficiency with Microsoft Excel.