Bordereaux Analyst

A fantastic opportunity to join a growing London Market insurer in a key Delegated Authority Oversight role. This position will take ownership of governance and assurance across a broad delegated portfolio with real scope to influence how the function develops. A great step for a senior DA Analyst.  You will act as a senior point of expertise for Delegated Authority while working closely with Underwriting, Compliance and external partners. The role offers strong visibility across the business with the opportunity to improve controls, challenge existing processes and help shape best practice as the portfolio continues to grow. Key responsibilities: Taking ownership of the governance and oversight of Delegated Authority arrangements. Managing the full lifecycle of delegated relationships from due diligence and onboarding through to ongoing oversight and renewal. Leading risk based reviews of Coverholders and TPAs. Reviewing underwriting, claims and reporting standards across delegated partners. Monitoring Bordereaux, MI and KPI information to identify emerging risks or areas for improvement. Managing remediation actions following oversight reviews. Producing regular reporting for senior management and governance forums. Supporting compliance monitoring and thematic reviews across delegated business. Identifying and escalating risks, breaches or control weaknesses. Keeping Delegated Authority processes and frameworks aligned with regulatory requirements. Providing guidance to internal teams on Delegated Authority controls and best practice. Building strong relationships with Underwriters, Brokers, capacity providers and external partners. Representing the business at relevant market forums where required. Experience you’ll need: Strong Delegated Authority experience within the London Market. Good understanding of Coverholder and TPA oversight. Experience across due diligence, governance and ongoing delegated oversight. Strong knowledge of regulatory requirements affecting Delegated Authority business. Confidence working with senior stakeholders and challenging where required. A proactive approach with the ability to identify improvements and strengthen existing processes. This is a great opportunity for an experienced Delegated Authority professional who wants broader ownership and more influence. You will join a developing function where your experience and ideas can have a genuine impact on how Delegated Authority oversight is managed.

An exciting opportunity to join a growing London Market business at an important stage in the development of its Bordereaux function. This role would suit an experienced Bordereaux professional who wants greater ownership and the opportunity to help shape how the team operates as the business continues to grow. You will join an expanding team with the chance to bring ideas to the table and improve existing processes. Alongside managing the day to day Bordereaux workload you will help guide more junior members of the team and work closely with senior stakeholders across the business. Key responsibilities: Taking ownership of Bordereaux processes across the function. Managing risk and premium Bordereaux while ensuring accurate and timely reporting. Supporting the management of binding authorities and delegated business. Working closely with Underwriters and Finance to resolve Bordereaux queries. Supporting reconciliation of Bordereaux and remittance information. Overseeing the onboarding of new binders onto internal systems. Reviewing existing processes and identifying opportunities to improve efficiency. Helping introduce stronger controls and more effective ways of working. Providing guidance and support to less experienced members of the team. Working with senior stakeholders on projects linked to the continued development of the function. Ensuring accurate records are maintained in line with regulatory requirements and internal procedures. Experience you’ll need: Strong experience working within Bordereaux in the London Market. A good understanding of delegated business and binding authorities. Experience managing risk and premium Bordereaux. Confidence working with Underwriters and other internal stakeholders. The ability to identify process improvements and bring new ideas into a growing function. Experience supporting or guiding junior colleagues would be beneficial. This is a great opportunity for someone who has built strong Bordereaux experience and now wants a role with more ownership and influence. You will be joining at a stage where there is genuine scope to help shape the function while continuing to develop your own career.

An established and high-performing organisation within the Lloyd’s insurance market is looking to appoint an experienced Senior Credit Controller to take responsibility for a significant Delegated Authority portfolio.  Working closely with internal underwriting teams, Lloyd’s Brokers and Coverholders, you will play a key role in ensuring the timely and accurate settlement of premiums, identifying outstanding balances and driving effective resolution of problem accounts. Take ownership of a sizeable Delegated Authority portfolio, using reporting and analytics to monitor account performance, identify discrepancies and address emerging issues. Manage the end-to-end premium settlement process across key accounts, including premium signings, bordereaux and reconciliation of written versus settled premiums. Build strong relationships with Lloyd’s Brokers and Coverholders, proactively managing outstanding balances, resolving queries and driving timely payment in line with agreed terms. Work closely with Underwriting and internal stakeholders to manage challenging accounts, investigate documentation and data issues, and agree appropriate actions to minimise credit risk. Support the continued development of the Credit Control function through improved reporting, data analytics and the introduction of technology-led solutions. About You A strong working knowledge of the premium settlement cycle for Delegated Authority business within the Lloyd’s market. Good understanding of the Lloyd’s binding authority format, including key terms and conditions from a premium credit control perspective. Excellent communication and relationship-management skills, with the confidence to engage effectively with Brokers, Coverholders and internal underwriting teams. Experience working with the Insurers’ Market Repository (IMR) and maintaining policy documentation and associated settlement information. A proactive and analytical approach, with the confidence to challenge where necessary and drive outstanding balances through to resolution. Salary on offer is up to £70k + bonus, comprehensive benefits and hybrid working.  Please apply now!