Claims Bordereaux Analyst in Manchester

Claims Bordereaux Analyst in Manchester

Manchester Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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Munich Re Specialty - Global Markets, UK

At a Glance

  • Tasks: Manage delegated claims and ensure quality service while adhering to regulations.
  • Company: Join Munich Re, a leading Primary Specialty Insurance provider with a supportive culture.
  • Benefits: Enjoy 25 days leave, private medical insurance, and hybrid working options.
  • Why this job: Make a real impact in the insurance industry while developing your skills.
  • Qualifications: Knowledge of bordereaux processing and a willingness to learn.
  • Other info: Diverse and inclusive workplace with excellent career growth opportunities.

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

About Us

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.

We are currently looking for a Claims Bordereaux Analyst to work with us on a full-time basis in Leeds, reporting into the Claims Delegated Authority Manager. You will take a proactive approach to the management of delegated claims and look to uphold a quality claims service, taking account of applicable regulatory requirements.

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
  • Understanding of firm specific procedures that relate to own role
  • Demonstrating 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
  • Awareness of the potential risks facing the business within own job role and the controls that are in place to mitigate them
  • Reporting 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

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 in Manchester 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, curiosity, and boldness. Our Leeds office offers a dynamic work environment with ample opportunities for professional growth, comprehensive benefits including a generous annual leave policy, and a commitment to diversity, equity, and inclusion. Join us to be part of a team that not only values your contributions but also encourages you to make a meaningful impact in the insurance industry.
Munich Re Specialty - Global Markets, UK

Contact Detail:

Munich Re Specialty - Global Markets, UK Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Claims Bordereaux Analyst in Manchester

✨Tip Number 1

Network like a pro! Reach out to current employees at Munich Re through LinkedIn or industry events. A friendly chat can give us insider info and might just get your foot in the door.

✨Tip Number 2

Prepare for the interview by understanding the role inside out. Brush up on claims bordereaux processing tools and Lloyd’s Standard Claims Reporting. We want to see that you’re not just interested, but genuinely knowledgeable!

✨Tip Number 3

Show off your curiosity! During interviews, ask insightful questions about the company culture and how they embrace diversity and inclusion. It shows we care about more than just the job – we want to be part of the team.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the Munich Re family.

We think you need these skills to ace Claims Bordereaux Analyst in Manchester

Bordereaux Processing Tools
Lloyd’s Standard Claims Reporting (version 5.2)
Data Quality Review
Claims Management
Regulatory Compliance
Conduct Risk Awareness
Communication Skills
Problem-Solving Skills
Stakeholder Liaison
Risk Identification and Reporting
Continuous Learning
Attention to Detail
Adaptability
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Claims Bordereaux Analyst role. Highlight relevant experience and skills that match the job description, especially your knowledge of bordereaux processing tools and claims reporting.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your enthusiasm for the role and the company. Mention how your values align with our culture of being present, bold, and curious.

Showcase Your Analytical Skills: As a Claims Bordereaux Analyst, analytical skills are key. In your application, provide examples of how you've successfully monitored and improved data quality in previous roles.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensure it gets the attention it deserves!

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 can handle the specifics of the role.

✨Show Your Curiosity

Munich Re values curiosity, so come prepared with questions about their strategies and how they approach claims management. This not only demonstrates your interest in the company but also shows that you're proactive about understanding the bigger picture.

✨Highlight Your Regulatory Knowledge

Be ready to discuss applicable regulatory requirements and how they impact claims management. Showing that you understand the importance of compliance will reassure them that you can uphold a quality claims service.

✨Emphasise Team Collaboration

Since the role involves liaising with various teams, be prepared to talk about your experience working collaboratively. Share examples of how you've successfully worked with others to resolve issues or improve processes, as this aligns with their supportive culture.

Claims Bordereaux Analyst in Manchester
Munich Re Specialty - Global Markets, UK
Location: Manchester
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