Bordereaux Analyst

Bordereaux Analyst
London/Hybrid
Up to £45k + bonus + benefits

We are seeking a Bordereaux Analyst to join a thriving insurance organisation that operates in the London Market. You will be responsible for generating and managing delegated authority data within the Bordereaux team, including handling Written, Premium, and Claims Bordereaux, as well as conducting technical analysis and producing reports.

Role responsibilities

• Liaise with Business Units to facilitate formal bordereaux information structure for Written/Premium/Claims, working with global products and in a multi-currency environment to ensure reports are accurate and up to date when sent to Brokers/Carriers.
• Monthly review of portfolio for Business Unit, highlighting issues/significant changes etc.
• Proactively raise and manage queries through to resolution with both internal and external stakeholders.
• Maintain and develop Monthly Management information Written/Claims/Premium/Aged Debtor by Business Unit.
• Ensure all business written adhered to the terms of the Binding Authority Agreement, and work with the underwriting team to rectify any breaches.
• Management of payments to carriers and other third parties on a monthly basis. Reconciliation of claims trust accounts.
• Respond in a timely manner to External Audit requirements/requests

Knowledge and Experience

• Experience in reporting in Lloyds minimum standards.
• Knowledge of LMTOM & Market business glossary.
• Experience in producing Written, Premium & Claims bordereaux.
• Well practiced in reconciliations.
• Strong Excel knowledge (Formulas & Pivot Tables)
• Understanding of Delegated Authority

For a full consultation on this pivotal role, send your CV to ARC IT Recruitment.

All salaries are dependent on experience.