At a Glance
- Tasks: Monitor and improve claims bordereaux data while collaborating with a dynamic team.
- Company: Join Munich Re, a leader in Primary Specialty Insurance with a supportive culture.
- Benefits: Enjoy 25 days leave, private medical insurance, and hybrid working options.
- Other info: Diverse and inclusive workplace with excellent career development opportunities.
- Why this job: Make a real impact in a role that values curiosity and boldness.
- Qualifications: Knowledge of bordereaux processing and a willingness to learn.
The predicted salary is between 40000 - 50000 £ per year.
At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this. At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.
Responsibilities
- Monitoring, pursuing, reviewing & loading claims bordereaux
- Reporting on claims bordereaux data/metrics
- Reviewing data quality and driving improvement
- Liaison with outsourced bordereaux function
- Identifying, reporting and resolving any Delegated Authority breaches
- Assisting Claims Delegated Authority Manager with Claims Delegated Authorities function
- Assisting with Conduct Risk related activities
- Helping drive forward good Conduct for the business to deliver the best outcomes for customers/policyholders
- Understanding all appropriate lines of escalation and the responsibilities of the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Risk Committee (URC), ExCo and Board for Conduct Risk
Knowledge and Skills
- Good knowledge of bordereaux processing tools
- Good knowledge of Lloyd’s Standard Claims Reporting bordereaux (version 5.2)
- Knowledge of market strategies
- All firm specific procedures that relate to own role
- Demonstrate growing understanding of the roles of colleagues and their relationships to the structure and business plans of the Firm
- Willingness to continue to develop knowledge of policies, underwriting and related issues through formal and informal learning, both internally and externally to the firm
- Be aware of the potential risks facing the business within own job role and the controls that are in place to mitigate them; report all significant changes in these risks, or the effectiveness of controls, to your line manager in a timely manner
Diversity, Equity & Inclusion
At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed. All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process.
Learning and innovating today, striving for sustainable societies and business tomorrow
At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.
Benefits
- 25 days Annual Leave + Bank Holidays
- 10% Non-contributory Pension
- Eligibility for an Annual Bonus
- Private Medical + Dental Insurance
- Critical illness insurance + Life Assurance + Permanent Health Insurance
- Wellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility)
- Electric Vehicle Salary Sacrifice Scheme
- Study & continuing Professional Development Support
- Hybrid Working + IT Home Set-up Support
Learn more about sustainability at Munich Re – choose your impact!
Claims Bordereaux Analyst employer: Munich Re Specialty - Global Markets, UK
At Munich Re Specialty – Global Markets, we pride ourselves on being an exceptional employer that fosters a culture of support, innovation, and inclusivity. Our commitment to employee growth is reflected in our comprehensive benefits package, including generous annual leave, a non-contributory pension, and opportunities for professional development, all within a dynamic environment that encourages curiosity and boldness. Located in a vibrant community, we also offer unique initiatives that promote sustainability and well-being, making us an ideal choice for those seeking meaningful and rewarding careers.
Contact Details:
Munich Re Specialty - Global Markets, UK Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Claims Bordereaux Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Munich Re. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by knowing your stuff! Brush up on claims bordereaux processing tools and Lloyd’s Standard Claims Reporting. Show them you’re not just a candidate, but the right fit.
✨Tip Number 3
Be bold and curious during your interview. Ask insightful questions about their DEI initiatives or how they handle Conduct Risk. It shows you care about the company culture!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace Claims Bordereaux Analyst
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Claims Bordereaux Analyst role. Highlight your relevant experience with bordereaux processing tools and any knowledge of Lloyd’s Standard Claims Reporting. We want to see how you fit into our ambition at Munich Re!
Showcase Your Curiosity:In your application, let us know about your willingness to learn and grow. Mention any formal or informal learning experiences that relate to policies, underwriting, or claims management. We value bold and curious individuals who are eager to develop their skills!
Be Clear and Concise:When writing your application, keep it clear and to the point. Use bullet points where possible to make your achievements stand out. We appreciate straightforward communication, especially when it comes to complex data metrics and reporting.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, you’ll find more information about our culture and values there!
How to prepare for a job interview at Munich Re Specialty - Global Markets, UK
✨Know Your Bordereaux Inside Out
Make sure you brush up on your knowledge of bordereaux processing tools and the Lloyd’s Standard Claims Reporting bordereaux (version 5.2). Being able to discuss these in detail will show that you're not just familiar with the basics, but that you understand the intricacies of the role.
✨Show Your Curiosity
Munich Re values curiosity, so come prepared with questions about their strategies and how they handle Conduct Risk. This not only demonstrates your interest in the company but also shows that you're proactive about understanding the bigger picture.
✨Highlight Your Data Skills
Since the role involves monitoring and reporting on claims bordereaux data, be ready to discuss your experience with data quality improvement. Share specific examples of how you've identified issues and driven improvements in past roles.
✨Embrace Diversity and Inclusion
Familiarise yourself with Munich Re's commitment to diversity, equity, and inclusion. Be prepared to discuss how you can contribute to a supportive environment and how your unique background can add value to their team.
