At a Glance
- Tasks: Support bordereaux management and resolve queries in a dynamic insurance environment.
- Company: Growing insurance business in London with a focus on innovation.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Diverse and inclusive workplace with a commitment to personal development.
- Why this job: Join a vibrant team and make an impact in the insurance industry.
- Qualifications: Experience in insurance operations and strong analytical skills required.
The predicted salary is between 35000 - 45000 £ per year.
An excellent opportunity to join a growing insurance business in London to support the management of bordereaux across the company and their MGA cells. A broad role which will cover the following areas:
- Bordereaux Review
- Bordereaux Queries
- Binder Data Processing
- Reporting & Audits
Key responsibilities will include:
- Reviewing Written, Paid and Claims Bordereaux information from the system on a monthly basis
- Monitoring and reviewing all errors identified using exception reporting tools and ensuring correct resolution actions are implemented
- Resolving bordereaux-related queries from MGA and Carriers
- Developing a strong understanding of bordereaux structures, data fields, and carrier-specific requirements
- Submitting relevant bordereaux to the Binder Bordereaux System
- Creating and maintaining premium mapping templates for new or existing binders/sections
- Resolving validation errors and escalating issues to Underwriters, Coverholders, or the Delegated Underwriting team
- Supporting reporting requirements and ensuring bordereaux submissions meet governance and carrier expectations
- Preparing cash collection statements for Bureau related transactions
- Assisting with internal and external audit reviews as required in relation to bordereaux and binder data
Experience and skills required:
- Experience in insurance operations or delegated authority/bordereaux management
- Knowledge of Risk, Premium, and Claims Bordereaux, including Lloyd's V5.2 standards is desirable
- Understanding of Delegated Authority structures and London Insurance Market operations
- Someone who is inquisitive and has problem solving/query resolution skills
- Proficiency in Microsoft Word, Excel, Outlook, and Adobe Standard
- Strong attention to detail, analytical skills, and ability to resolve data errors
- Good communication and stakeholder management skills
- Self-motivated and able to work independently or as part of a team
*Our client is committed to diversity in all of its forms and operates an inclusive recruitment process*
Bordereau Reporting Technician in London employer: All The Top Bananas
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StudySmarter Expert Advice🤫
We think this is how you could land Bordereau Reporting Technician in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like All The Top Bananas). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like All The Top Bananas. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Bordereau Reporting Technician in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at All The Top Bananas.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at All The Top Bananas. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at All The Top Bananas
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at All The Top Bananas to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at All The Top Bananas, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding All The Top Bananas's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
