At a Glance
- Tasks: Manage and analyse bordereaux data, ensuring accuracy and compliance.
- Company: Join a dynamic underwriting operations team in the heart of the London Market.
- Benefits: Enjoy hybrid working, competitive pension, and health insurance perks.
- Why this job: Make an impact in a forward-thinking insurance business focused on continuous improvement.
- Qualifications: Experience as a Bordereaux Analyst in the Lloyd's or London Market is essential.
- Other info: We value diversity and welcome applicants from all backgrounds.
The predicted salary is between 36000 - 60000 £ per year.
Key AccountabilitiesBordereaux Management
- Receive, review, and process incoming bordereaux from Coverholders and TPAs in accordance with binding authority agreements.
- Ensure data quality and compliance with Lloyd\’s Coverholder reporting standards.
- Maintain bordereaux schedules and ensure timely upload into internal systems.
Data Validation and Upload
- Cleanse, map, and upload bordereaux to internal systems.
- Identify and investigate anomalies, missing data, and potential contract breaches.
- Resolve data and mapping queries from third-party outsource partners.
- Manage ELTO processing and conduct end-to-end audit reviews.
Stakeholder Collaboration
- Liaise with internal teams (Underwriting, Finance/Credit Control, Claims), third-party service providers, Coverholders, brokers, and TPAs.
- Work with Outwards Reinsurance to ensure accurate completion of the annual RI renewal process.
- Support Underwriters in monitoring binder performance.
- Highlight and escalate persistent data or performance issues.
- Produce weekly, monthly, and quarterly MI reports for internal reporting and committee papers.
- Provide training to third-party service providers and London team members as required.
Role Requirements
- Minimum 5 years\’ experience in bordereaux management, oversight, and processing.
- Strong familiarity with Lloyd\’s regulatory framework, including binding authority contracts, Coverholder audits, and reporting standards.
- In-depth understanding of bordereaux types: premium, risk, claims, and paid.
Skills & Competencies
- Advanced Excel skills (pivot tables, lookups, data cleansing).
- Strong communication skills: able to engage effectively one-to-one and in small groups, keep stakeholders informed, and produce clear, well-structured documentation.
- Experience with data integration and mapping tools.
- Exceptional attention to detail and organisational ability.
- Proven stakeholder management skills, with the ability to build relationships across all levels internally and externally.
- Solid knowledge of Delegated Authorities and bordereaux practices, including Lloyd\’s, FCA/PRA, and other regulatory standards.
- Demonstrates integrity, confidentiality, and professional care in all activities.
Qualifications & Experience
- Minimum 5 years\’ experience in bordereaux management at senior analyst level.
- Strong knowledge of Lloyd\’s and Company Market practices, including experience with Lloyd\’s systems (ATLAS, DCOM, ECF2, IMR, Crystal).
- Familiarity with Watertrace systems (BDX & IQ Canvases) preferred.
- Educated to A-level standard; degree desirable.
- Relevant professional qualifications (eg, CII, LMMIT, LM1/LM2) or willingness to work towards these.
Reasonable Adjustments:
Respect and equality are core values to us. We are proud of the diverse and inclusive community we have built, and we welcome applications from people of all backgrounds and perspectives. Our success is driven by our people, united by the spirit of partnership to deliver the best resourcing solutions for our clients.
If you need any help or adjustments during the recruitment process for any reason, please let us know when you apply or talk to the recruiters directly so we can support you.
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Bordereaux Analyst employer: Sanderson Recruitment Plc
Contact Detail:
Sanderson Recruitment Plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Bordereaux Analyst
✨Tip Number 1
Familiarise yourself with the Lloyd's standards and regulations, as this knowledge will be crucial in demonstrating your expertise during interviews. Being able to discuss how you have ensured compliance in previous roles can set you apart from other candidates.
✨Tip Number 2
Brush up on your Excel skills, particularly advanced functions and data analysis techniques. You might be asked to solve a practical problem or analyse data on the spot, so being confident in your abilities will help you shine.
✨Tip Number 3
Network with professionals in the London Market, especially those who work with bordereaux data. Engaging in conversations about industry trends and challenges can provide valuable insights and may even lead to referrals.
✨Tip Number 4
Prepare to discuss specific examples of how you've driven process improvements in your past roles. Highlighting your proactive approach to enhancing data quality and efficiency will resonate well with potential employers.
We think you need these skills to ace Bordereaux Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience as a Bordereaux Analyst, particularly within the Lloyd's or London Market. Emphasise your analytical skills and familiarity with VIPR - Intrali, as these are essential for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for data accuracy and continuous improvement. Mention specific examples of how you've driven process improvements in previous roles and how you can contribute to the team.
Highlight Relevant Skills: In your application, clearly outline your strong analytical mindset, Excel proficiency, and communication skills. These are key attributes the company is looking for, so make them stand out.
Showcase Your Stakeholder Engagement: Provide examples of how you've successfully collaborated with brokers, coverholders, and underwriters in the past. This will demonstrate your ability to engage with various stakeholders effectively.
How to prepare for a job interview at Sanderson Recruitment Plc
✨Showcase Your Analytical Skills
As a Bordereaux Analyst, your analytical mindset is crucial. Be prepared to discuss specific examples of how you've used data analysis to improve processes or resolve issues in previous roles. Highlight your proficiency with Excel and any relevant tools.
✨Demonstrate Your Knowledge of VIPR - Intrali
Since working knowledge of VIPR - Intrali is essential for this role, make sure to mention your experience with this system during the interview. Discuss how you've utilised it in past positions to manage bordereaux data effectively.
✨Prepare for Stakeholder Engagement Questions
Given the importance of communication and collaboration in this role, be ready to answer questions about how you've engaged with various stakeholders. Share examples of how you've resolved data issues or improved data quality through effective communication.
✨Emphasise Continuous Improvement
The job description highlights a focus on continuous improvement. Prepare to discuss initiatives you've led or contributed to that enhanced data accuracy or processing efficiency. This will demonstrate your proactive approach and commitment to excellence.