Delegated Authority Bordereau Analyst

Discipline: Operations
Job type: Permanent
Contact email: luca@weareedenbrook.com
Job ref: J5091
Published: 1 day 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