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Delegated Authority Bordereaux Manager

Alexander Lloyd
Posted 3 days ago, valid for 25 days
Location

London, Greater London EC4N 8AR, England

Salary

£75,000 per annum

Contract type

Full Time

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Sonic Summary

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  • The Delegated Authority Bordereaux Manager position is based in London with a hybrid working model of four days in the office and one day from home.
  • The role offers a salary range of £65,000 to £75,000, along with bonuses and additional benefits.
  • Candidates should have 4 to 5 years of extensive technical knowledge in Bordereaux analysis and management, preferably within the insurance sector.
  • Key responsibilities include managing and reporting Bordereaux data, ensuring compliance and data quality, and liaising with various stakeholders.
  • A bachelor's or master's degree in accounting, finance, or data analytics is required, along with strong analytical and communication skills.

Job Title: Delegated Authority Bordereaux Manager

Location: London, City. (Hybrid working - 4 days office, 1 from home)
Employment Type: Permanent
Salary: £65,000/£75,000 + bonus + benefits

About Us

Our client a high growth organisation within the insurance sector, offering innovative solutions to clients across the world are seeking a Delegated Authority Bordereaux Manager to join their operations team

The Role

As a key member of the UK Operations team, reporting to the Finance Manager, you will be the primary point of contact for all Bordereaux-related matters, both internally and externally. Your role will involve supporting the finance department by managing, analysing, and reporting Bordereaux data to ensure the accuracy, compliance, and efficient processing of underwriting, premium, and claims transactions under delegated authority agreements.

  • Ensure the reporting of delegated authority business is captured and reported in accordance with client protocols.
  • Take ownership of identifying data quality issues, ensuring alignment with Lloyd's standards.
  • Liaise directly with underwriters, brokers, cover holders, and DCAs as necessary, maintaining clear communication with all stakeholders.
  • Ensure that the outsourced provider maintains accurate, up-to-date process and training documentation to preserve data quality standards.
  • Produce, monitor, and complete Bordereaux processing oversight and MI reports.
  • Analyse, interpret, and challenge the weekly and monthly Bordereaux processing statistics provided by the outsourced team.
  • Identify and implement process improvements to enhance efficiency and accuracy, strengthening existing Bordereaux data quality procedures and introducing additional controls and exception reporting to uphold quality standards.
  • Attend regular catch-up meetings with the outsourced Bordereaux processing team.
  • Perform any ad-hoc activities related to finance and operations.

Key Skills and Qualifications

  • Strong analytical skills.
  • Extensive technical knowledge of Bordereaux analysis and management (4/5 years) -insurance knowledge is required.
  • Experience in the Lloyd's and London market across multiple business lines.
  • Excellent communication skills with internal and external stakeholders.
  • Advanced proficiency in Excel and other Microsoft Office products to support MI and reporting.
  • Bachelor's/master's degree in accounting, Finance or data analytics.

Please quote 51174 on email

This is only one of many vacancies we are handling. Alexander Lloyd Finance and Accountancy is the leading recruiter of part-qualified Accountants, Financial and Management Accountants, Financial Controllers, and Finance Directors across Surrey, Sussex, London, and Kent.

Due to the high amount of interest that we receive for each of our roles unfortunately we cannot respond to each application individually, therefore if you do not hear back from one of our consultants you have not been short listed for this role. Please continue to check our website any other roles which may be of interest we receive for each of our roles unfortunately we cannot respond to each application individually, therefore if you do not hear back from one of our consultants you have not been short listed for this role. Please continue to check our website.

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In order to submit this application, a TotalJobs account will be created for you. As such, in addition to applying for this job, you will be signed up to all TotalJobs’ services as part of the process. By submitting this application, you agree to TotalJobs’ Terms and Conditions and acknowledge that your personal data will be transferred to TotalJobs and processed by them in accordance with their Privacy Policy.