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Delegated Authority Change Manager

Arc IT Recruitment
Posted 11 hours ago, valid for 4 days
Location

London, Greater London SW1A2DX, England

Salary

£75,000 per annum

Contract type

Full Time

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Sonic Summary

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  • A Bordereaux, V5.2 Delegated Authority / Bordereaux Change Manager is needed by a prestigious insurance organization in the City of London.
  • The role requires around 1 day a week in the office and offers significant exposure to senior leadership.
  • Candidates should have significant experience in the insurance and delegated authority space, particularly with Lloyd’s V5.2 standards.
  • The position focuses on identifying process inefficiencies and implementing solutions, emphasizing data integrity and operational improvement.
  • The salary for this role is competitive, reflecting the expertise required and the responsibilities involved.

Bordereaux, V5.2

Delegated Authority / Bordereaux Change Manager is required by prestigious Insurance organisation based in the City of London. Circa 1 day a week required in the office. This role will be the face of Bordereaux Operational improvement and will come with great exposure to senior leadership and business unit managing directors. You will be instrumental in business improvements in this space in a period of extensive growth and have potential involvement in wider Operations-led initiatives.

The role entails identifying inefficiencies in existing processes and working with technical teams to design, test and implement solutions. Data is at the heart of what they do and the ideal candidate will have excellent knowledge of data integrity principles alongside strong knowledge of insurance and bordereaux processes.

This role will suit someone who has been working in the delegated data space for a number of years, has been responsible for ensuring accuracy and compliance with Lloyd’s V5.2 standards and wants to be more involved in the delivery of technology to support these operational processes. It will suit someone who potentially wants to step away from the day-to-day and focus on process improvement.

Key Responsibilies: 

  • Bordereaux and Data Quality SME for all new initiatives and technology onboarding/upgrades, ensuring all solutions meet required standards
  • Help to develop optimal bordereaux and reporting solutions that deliver stakeholder requirements, demonstrable efficiency improvement and robust reconciliation.
  • Responsible for investigating operational issues, problems, and new opportunities.
  • Recommend improvements / solutions to problems to senior leadership that are in line with operational objectives.
  • Evaluate and provide assessment and alignment of potential work items in backlog to operational objectives, specifying realistic contributions to strategy and target outcomes.
  • Provide design thinking and expert knowledge supporting deliverables that underpin our strategy.
  • Provide initial high-level options for solution design and business impact.

Key Requirements:

  • Significant experience in the insurance and Delegated Authority space.
  • In depth knowledge of current Lloyds Coverholder Reporting Standards.
  • Knowledge of LMTOM & Market business glossary
  • Experience with Written, Premium & Claims bordereaux processes
  • In depth understanding of data integrity principles
  • Experience with reconciliation of premiums and financial data
  • Understanding of operational reports tracking KPI’s and SLA’s

For a full consultation on this role please email you CV ASAP.

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