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Bordereaux Manager Lloyd's Syndicate

High Finance (UK) Limited T/A HFG
Posted 11 hours ago, valid for 25 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

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

Sonic Summary

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  • A leading Lloyd's Syndicate in the City of London is seeking a Bordereaux Manager to enhance their delegated function.
  • The role requires strong experience in managing bordereaux and involves overseeing the end-to-end Bordereaux process.
  • The Bordereaux Manager will be the primary contact for all BDX matters, ensuring compliance with company and Lloyd's standards.
  • Candidates should have at least 5 years of relevant experience, with a salary offered between £70,000 to £90,000.
  • Key responsibilities include managing stakeholder relationships and implementing process enhancements to improve data quality.

New Vacancy - Bordereaux Manager City of London Lloyd's SyndicateI am currently recruiting for a leading Lloyd's Syndicate who are seeking a Bordereaux Manager to join their growing delegated function. This role will be working closely with the COO & DA Manager, taking the full lead on any bordereaux matters within the Syndicate. You will be the primary contact for all BDX matters internally and externally by overseeing the end to end Bordereaux process including managing, analysing and reporting bordereaux data. Strong experience within managing bordereaux is required for this role.

Key Responsibilities

  • Ensure that the reporting of delegated authority business is accurately captured and submitted in line with established company protocols.
  • Take initiative in identifying data quality issues, ensuring compliance with both company and Lloyd's standards.
  • Analyse, interpret, and critically evaluate any processing reports and statistics provided by the third-party outsourcer.
  • Generate, oversee, and complete bordereaux processing oversight and management information reports.
  • Identify and implement process enhancements aimed at increasing efficiency and accuracy, reinforcing current bordereaux data quality procedures, and introducing additional controls and exception reporting to maintain quality standards.
  • Directly communicate with managing agents, third-party outsourcing partners, underwriters, brokers, coverholders, and capacity providers as needed, ensuring clear and effective communication with all involved parties.
  • Manage stakeholder relationships, fostering strong collaborations both internally with underwriting teams, delegated authority, claims, finance, credit control, actuarial, risk, and compliance functions, and externally with our managing agency, brokers, the Lloyd's delegated authority team, capacity providers, and third-party coverholders.
  • Participate in regular catch-up meetings with the outsourced bordereau processing teams and other relevant teams as required.
  • Carry out any ad-hoc tasks related to operations and data oversight.
  • Fulfil any other reasonable duties requested by your manager.

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