Bordereau Reporting Technician

An excellent opportunity to join a growing insurance business in London to support the management of bordereaux across the company and their MGA cells. A broad role which will cover the following areas:

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• Bordereaux Review
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• Bordereaux Queries
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• Binder Data Processing
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• Reporting & Audits
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Key responsibilities will include:

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• Reviewing Written, Paid and Claims Bordereaux information from the system on a monthly basis
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• Monitoring and reviewing all errors identified using exception reporting tools and ensuring correct resolution actions are implemented
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• Resolving bordereaux-related queries from MGA and Carriers
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• Developing a strong understanding of bordereaux structures, data fields, and carrier-specific requirements
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• Submitting relevant bordereaux to the Binder Bordereaux System
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• Creating and maintaining premium mapping templates for new or existing binders/sections
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• Resolving validation errors and escalating issues to Underwriters, Coverholders, or the Delegated Underwriting team
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• Supporting reporting requirements and ensuring bordereaux submissions meet governance and carrier expectations
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• Preparing cash collection statements for Bureau related transactions
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• Assisting with internal and external audit reviews as required in relation to bordereaux and binder data
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Experience and skills required:

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• Experience in insurance operations or delegated authority/bordereaux management
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• Knowledge of Risk, Premium, and Claims Bordereaux, including Lloyd's V5.2 standards is desirable
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• Understanding of Delegated Authority structures and London Insurance Market operations
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• Someone who is inquisitive and has problem solving/query resolution skills
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• Proficiency in Microsoft Word, Excel, Outlook, and Adobe Standard
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• Strong attention to detail, analytical skills, and ability to resolve data errors
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• Good communication and stakeholder management skills
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• Self-motivated and able to work independently or as part of a team
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*Our client is committed to diversity in all of its forms and operates an inclusive recruitment process*