At a Glance
- Tasks: Manage and validate bordereaux data, ensuring accuracy and compliance.
- Company: Leading MGA offering a hybrid work environment in the heart of London.
- Benefits: Flexible working options, competitive pay, and valuable industry experience.
- Other info: Opportunity for professional growth in a fast-paced, supportive environment.
- Why this job: Join a dynamic team and enhance your data skills while making a real impact.
- Qualifications: Experience in bordereaux management and SQL data extraction required.
The predicted salary is between 40000 - 50000 £ per year.
I am currently partnered with a leading MGA who are seeking a Bordereaux Contractor to join their business on a contract project basis. This role will be assisting with bordereaux related work including but not limited to; ensuring records are accurate and up to date, identify and resolve data quality issues, extract large datasets from SQL, reconciling bordereaux data, and more.
My client is looking for someone with extensive bordereaux/data mapping experience who can come in and get stuck into the project.
Key Responsibilities- Bordereaux Management
- Own the production, validation and delivery of premium, claims and exposure bordereaux.
- Review bordereaux received from coverholders, TPAs and internal underwriting systems.
- Ensure bordereaux comply with binder and capacity provider reporting requirements.
- Identify and resolve data quality issues before reports are issued.
- Data Extraction & SQL
- Extract large datasets directly from SQL databases.
- Write or modify SQL queries to obtain underwriting, premium, claims and exposure data.
- Build repeatable extraction processes where possible.
- Support ad hoc reporting requests from underwriting, actuarial and finance teams.
- Data Reconciliation
- Reconcile bordereaux against: Policy administration systems, Claims systems, Finance/ledger data, Capacity provider reports.
- Investigate discrepancies and trace issues back to source systems.
- Produce reconciliation packs with clear audit trails.
- Data Quality & Cleansing
- Identify missing or inconsistent data.
- Standardise fields and formats.
- Improve data integrity ahead of migration or reporting exercises.
- Recommend process improvements to reduce future errors.
- Capacity Transition Support
- Prepare historical data for a new capacity provider.
- Understand reporting requirements under the outgoing arrangement.
- Map existing data to the incoming carrier's requirements.
- Produce historical loss and premium triangles or datasets for due diligence.
- Answer queries from the new carrier regarding historical performance.
Bordereaux Contractor (3-6 Months) employer: HFG
HFG is an exceptional employer that values its employees by offering a dynamic work culture and flexible hybrid working patterns, allowing for a healthy work-life balance. With a strong focus on professional development, employees are encouraged to grow their skills and advance their careers within the global insurance sector, making it a rewarding place to work for those seeking meaningful contributions in internal auditing.
StudySmarter Expert Advice🤫
We think this is how you could land Bordereaux Contractor (3-6 Months)
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like HFG.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like HFG might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Bordereaux Contractor (3-6 Months)
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at HFG will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at HFG. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give HFG confidence in your short-term commitment to the role.
How to prepare for a job interview at HFG
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with HFG.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure HFG that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
