At a Glance
- Tasks: Lead and support a dynamic team in managing delegated authority bordereaux processes.
- Company: Join Canopius, a leading global specialty lines (re)insurer with a positive culture.
- Benefits: Enjoy hybrid working, competitive salary, health cover, and a comprehensive benefits package.
- Other info: Embrace a flexible, collaborative environment with opportunities for personal and professional growth.
- Why this job: Make a real impact in the insurance industry while developing your leadership skills.
- Qualifications: Experience in insurance and strong analytical skills are essential.
The predicted salary is between 56700 - 69300 £ per year.
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The primary purpose of this role is to provide line management, support, guidance, oversight, training and development for the DA BDX Team (outsourced – WNS, UK Team).
Reporting to the Head of Credit Management, Underwriting & Claims Operations the role will be responsible for ensuring that the flow of work is effectively monitored and controlled throughout the team, quality of work is to the requisite standard, any escalations are handled smoothly, and Head of Dept. is provided with the right level of information to support the smooth operational running of the overall function.
They will also be required to positively represent the DA BDX team in all their dealings with stakeholders internally and externally and where required deputise on occasion for Head of Dept.
To guide, manage, oversee, support and provide services to the syndicate and other Canopius companies by co‑ordinating the processing of premium and claims bordereaux and all subject matter expertise required in this area.
Key Responsibilities
- Daily Management and oversight of the DA BDX team.
- Take responsibility for quality control, audit and query resolution arising from the bordereaux process.
- Analyse/interpret and challenge the weekly and monthly bordereaux processing statistics provided by the outsource team.
- Oversee the transition of bordereaux to Intrali and any other required systems internal and external.
- Act as a key team contact to resolve issues that prevent the processing of Bordereaux within agreed timelines.
- Maintain ownership of the identification of data quality issues in line with Lloyd's standards.
- Engage with Canopius DA Quality Analysts, working on any bordereaux remediation with Canopius Underwriters and Lloyds.
- Liaise directly with Brokers and coverholders ensuring robust communication is maintained with Underwriting teams.
- Ensure outsource provider maintains up to date and accurate process and training documentation.
- Challenge and develop existing MI and report to internal stakeholders, coverholders, brokers and TPA’s to promptly notify relevant parties of any perceived new risks or failures.
- Track, coordinate and monitor the flow of work required to meet team KPIs from a turnaround time and quality perspective.
- Ensure suitable reprioritisation of work/flexing of resources to meet business needs.
- Represent the function at all relevant committees providing comprehensive inputs and updates on all key areas.
- Continually identify, design and implement process and reporting improvements to enhance overall operational efficiency.
- Review and continue to adhere to internal & external KRIs/KPIs/SLAs.
- Act as SME for IT systems enhancement and development.
- Support the Head of Department with ad hoc duties and projects as required.
Skills And Experience
- Insurance / Lloyd’s experience.
- Knowledge of Lloyd's Delegated Authority business.
- An understanding of delegated authority with strong analytical skills.
- Good working knowledge of the VIPR – Intrali system (essential to the role and preferred) or other BDX mapping systems.
- Extensive knowledge of bordereaux data across a large number of different business lines.
- Excellent communication skills, deliver verbal and visual presentations to internal and external stakeholders including senior management.
- Intermediate to Advanced Excel knowledge and skills in other Microsoft Office products in order to support MI and Reporting.
- Ability to handle a diverse range of priorities and tasks in parallel on own and within a team.
- Change centric – with a focus on continuous improvement.
- Strong communication and relationship management with Brokers, Underwriters, and other key stakeholders.
- Excellent people management and development.
- Proven track record in operational remediation/improvement planning.
- Ability to work effectively under pressure in a complex environment balancing multiple priorities and business demands.
- Highly motivated/high drive with the ability to positively motivate and influence others.
- Leads by example and empowers team to perform at the highest level through direction, delegation and effective management.
- Ability to work independently and make sound judgement calls.
- ‘Can do’ approach with emphasis on problem solving and continuous improvement.
- Flexible, adaptable, and strong team player.
- Excellent attention to detail and methodical working style.
We offer all employees a comprehensive benefits package that focuses on their whole wellbeing.
This includes hybrid working, a competitive base salary, non‑contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.
About Canopius
Canopius is a global specialty lines (re)insurer.
We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.
At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.
We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment.
All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio‑economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate.
We encourage and welcome applicants from all diverse backgrounds.
We make reasonable adjustments throughout the recruitment process and during employment.
Please let us know if you require any information in an alternate format or any other reasonable adjustments.
- Seniority level
- Mid‑Senior level
- Employment type
- Full‑time
- Job function
- Other
- Industries
- Insurance
- #J-18808-Ljbffr
Delegated Authority Bordereaux Manager in Manchester employer: Canopius Group
Canopius is an excellent employer that fosters a dynamic work culture where innovation and collaboration thrive. Located in the United Kingdom, we offer our Cyber Risk Advisory Specialists not only competitive benefits but also ample opportunities for professional growth and development within the rapidly evolving field of cybersecurity. Join us to make a meaningful impact while building trusted relationships with clients and enhancing your expertise in a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Delegated Authority Bordereaux Manager in Manchester
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We think you need these skills to ace Delegated Authority Bordereaux Manager in Manchester
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 Canopius Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Canopius Group. 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 Canopius Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Canopius Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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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 Canopius Group, 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 Canopius Group'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.