Bordereaux Analyst in City of London

Bordereaux Analyst in City of London

City of London Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join a dynamic team to analyse and manage bordereaux data in a fast-paced environment.
  • Company: Howden, a global leader in insurance with a people-first culture.
  • Benefits: Competitive salary, healthcare, flexible working, and opportunities for community volunteering.
  • Why this job: Make a real impact while developing your skills in a supportive and innovative environment.
  • Qualifications: Strong Excel skills and experience in reporting and reconciliations.
  • Other info: Embrace diversity and enjoy excellent career growth opportunities.

The predicted salary is between 36000 - 60000 £ per year.

Howden is a collective – a group of talented and passionate people all around the world. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 18,000 employees spanning over 100 countries. People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.

A great opportunity for a motivated, team player.

Working within an energetic, fast paced and collaborative team.

We are looking for a hands on, proactive, solution driven candidate, with excellent communication skills.

Full time position: 5 days a week (Remote working & London).

Role overview

The role entails working in a fast paced and challenging environment with responsibilities for producing and overseeing delegated authority data within a Bordereaux team, inclusive of Written, Premium and Claims Bordereaux, technical analysis and reporting. The role will also involve working with internal teams to address issues and external stakeholders to maintain relationships so excellent communication skills are key.

Role responsibilities
  • Liaise with Business Units to facilitate formal bordereaux information structure for Written/Premium/Claims, working with global products and in a multi-currency environment to ensure reports are accurate and up to date when sent to Brokers/Carriers.
  • Monthly review of portfolio for Business Unit, highlighting issues/significant changes etc.
  • Proactively raise and manage queries through to resolution with both internal and external stakeholders.
  • Maintain and develop Monthly Management information Written/Claims/Premium/Aged Debtor by Business Unit.
  • Control of Business Units metrics KPIs and Root cause Analysis across Business Unit binders.
  • Check key metrics are being adhered to including Binder Limit/Condition Review/Taxes/Lloyds Risk Codes exception reporting and review.
  • Ensure process and procedures are compliant with DUAL business policies and local business policies.
  • Management of payments to carriers and other third parties on a monthly basis. Reconciliation of claims trust accounts.
  • Respond in a timely manner to External Audit requirements/requests.
Key Skills
  • Ability to adhere to and manage strict SLAs.
  • Identifies and resolves problems proactively and in a timely manner.
  • Actively seeks opportunities for improvement and development.
  • Displays original thinking and generates creative solutions.
  • Time management and prioritisation.
  • Strong working knowledge of Microsoft Excel.
  • Can handle multiple tasks with interruptions.
  • Numerate and can demonstrate accuracy and thoroughness.
  • Resilient and adaptable to change.
  • Confident and able to develop relationships through effective communication.
  • Meticulous and strong attention to detail.
Knowledge and Experience
  • Experience in reporting in Lloyds minimum standards.
  • Knowledge of LMTOM & Market business glossary.
  • Experience in producing Written, Premium & Claims bordereaux.
  • Well practiced in reconciliations.
  • Strong Excel knowledge (Formulas & Pivot Tables).
  • Understanding of Delegated Authority.
Compliance & Regulatory Responsibilities
  • To remain compliant at all times.
  • To obtain appropriate approvals to ensure compliance with company policy, procedures and regulatory requirements/rules, with regards to data protection, money laundering etc.
  • To share ideas, best practice and other information within the team.
  • Ensure that own performance, HR and T&C records are up to date and meet the Company’s requirements.
  • Maintain accurate records and deal with correspondence appropriately.

Yes, we offer all the usual rewards and benefits - including great healthcare provision, a wide variety of wellbeing offers, competitive salary, generous pensions and more - but we know you expect all that.

What you might not expect is a job where everyone has a voice, where volunteering in the community is part of the day job, and where everyone is encouraged to play a part towards our sustainability goals. We want people who want to make a difference - not just in the workplace, but in the industry and in the wider community.

Our culture: People First

Our core values dictate how we live and work. We are a group with independence and people at its heart and we are a home for talent with a unique culture: the biggest small company in the world. The focus on being a People First business has always been at the very heart of the Group; our vision was to create an independent business with a unique culture and one that would survive and thrive as a business controlled by the people working for it. And finding the most talented and entrepreneurial people to join the Group has been and will continue to be key.

Diversity & Inclusion

At DUAL we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:

  • Our successes have all come from someone brave enough to try something new.
  • We support each other in the small everyday moments and the bigger challenges.
  • We are determined to make a positive difference at work and beyond.
Reasonable adjustments

We’re committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours or hybrid working. If you’re excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.

Bordereaux Analyst in City of London employer: London Insurance Life

At Howden, we pride ourselves on being a People First organisation, where our vibrant culture fosters collaboration and innovation among our 18,000 employees across the globe. Located in London, this role offers not only competitive benefits and a commitment to employee wellbeing but also unique opportunities for personal and professional growth within a supportive team environment that values diversity and sustainability. Join us to make a meaningful impact in the insurance industry while enjoying a work-life balance that suits your lifestyle.
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Contact Detail:

London Insurance Life Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Bordereaux Analyst in City of London

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those already at Howden. A friendly chat can open doors and give you insider info on what they're really looking for.

✨Tip Number 2

Prepare for the interview by knowing your stuff! Research Howden's culture and values, and think about how your skills align with their mission. Show them you're not just another candidate, but someone who truly fits in.

✨Tip Number 3

Practice makes perfect! Get a mate to do mock interviews with you. Focus on your communication skills and how you can demonstrate your problem-solving abilities. Remember, they want a proactive team player!

✨Tip Number 4

Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression. It shows you're genuinely interested and keeps you on their radar as they make their decision.

We think you need these skills to ace Bordereaux Analyst in City of London

Analytical Skills
Attention to Detail
Technical Analysis
Communication Skills
Problem-Solving Skills
Time Management
Microsoft Excel
Reconciliation Skills
Numeracy
Relationship Management
Adaptability
Knowledge of Lloyds Minimum Standards
Experience with Bordereaux Reporting
Understanding of Delegated Authority

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Bordereaux Analyst role. Highlight relevant experience, especially in reporting and data management, and don’t forget to showcase your strong Excel skills!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your passion for the role and how your proactive, solution-driven mindset aligns with our culture at Howden.

Show Off Your Communication Skills: Since excellent communication is key for this role, make sure to demonstrate your ability to liaise effectively with both internal teams and external stakeholders in your application.

Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and we can’t wait to see your application come through!

How to prepare for a job interview at London Insurance Life

✨Know Your Bordereaux Inside Out

Make sure you understand the specifics of bordereaux reporting, especially in relation to Written, Premium, and Claims. Brush up on your knowledge of Lloyds minimum standards and be ready to discuss how you've applied this in past roles.

✨Show Off Your Excel Skills

Since strong Excel knowledge is crucial for this role, prepare to demonstrate your proficiency with formulas and pivot tables. You might even want to bring a laptop to showcase your skills if the opportunity arises!

✨Communicate Like a Pro

Given the emphasis on communication in this role, practice articulating your thoughts clearly and confidently. Think of examples where you've successfully liaised with internal teams or external stakeholders to resolve issues.

✨Be Ready for Problem-Solving

This position requires a proactive approach to identifying and resolving problems. Prepare some examples of challenges you've faced in previous roles and how you tackled them, highlighting your solution-driven mindset.

Bordereaux Analyst in City of London
London Insurance Life
Location: City of London
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