At a Glance
- Tasks: Assist in delivering top-notch service to underwriting and claims teams through data analysis.
- Company: Join a leading insurance firm with a focus on innovation and teamwork.
- Benefits: 12-month contract with competitive pay and opportunities for professional growth.
- Why this job: Be part of a dynamic team that values your input and helps you grow.
- Qualifications: Minimum 12 months experience in operations within the insurance sector.
- Other info: Collaborative environment with a focus on improving data quality and team support.
The predicted salary is between 36000 - 60000 £ per year.
You will assist in delivering a first-class service to the underwriting and claims team, ensuring that the Business has the data necessary to allow for timely and accurate reporting and data analysis on binder business.
- Accurate and timely binder data entry into the Business's systems (Risk, Premium and Claims).
- Submit relevant bordereaux to the Binder Bordereaux System for processing of data (Risk and Premium).
- Create risk and premium mapping templates for new binders/sections. Amend existing templates when needed.
- Resolve validation errors on binder data and escalate issues to Underwriters, Coverholders or the Delegated Underwriting Team as applicable.
- Work towards improving binder's data quality over time through discussions with brokers, underwriters and claims bordereaux account managers in relation to completion of mandatory and conditional data fields.
- Escalate missing claims bordereaux submissions to the Claims Team.
- Quality control of mapping templates from our outsourcing team for Claims Bordereaux.
- Mapping and Processing of Risk and Premium Bordereaux to a Bordereaux Management system.
You will need:
- Min 12 months experience within Binders/DA in an operations role and the desire to expand on this knowledge.
- Experience working within Insurance/London Market.
- Must be a team player and take ownership of Broker/Coverholder issues and provide support to other members of staff.
- Previous experience working with an Outsource provider would be a definite advantage.
Borderaux Analyst in City of London employer: Next Employment Ltd
Contact Detail:
Next Employment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Borderaux Analyst in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and London market. We all know that sometimes it’s not just what you know, but who you know. Attend industry events or join online forums to meet potential employers and get your name out there.
✨Tip Number 2
Prepare for those interviews! Research the company and understand their binder processes. We want you to be able to discuss how your experience aligns with their needs, especially around data quality and mapping templates. Practice common interview questions and have your own ready to show your interest.
✨Tip Number 3
Showcase your skills! Create a portfolio or a presentation that highlights your experience with binder data entry and quality control. We love seeing candidates who can demonstrate their expertise in risk and premium mapping. This will set you apart from the crowd!
✨Tip Number 4
Apply through our website! We make it easy for you to find roles that match your skills. Don’t hesitate to submit your application directly on our platform, and keep an eye out for new opportunities that pop up. We’re here to help you land that Borderaux Analyst role!
We think you need these skills to ace Borderaux Analyst in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Borderaux Analyst role. Highlight your experience in binders and data management, and don’t forget to mention any relevant skills that match the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the role. Mention your experience in the London Market and how you can contribute to improving data quality.
Showcase Team Spirit: We love team players! In your application, share examples of how you've collaborated with others in previous roles. This will show us that you can take ownership of issues and support your colleagues.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the process smoother for everyone involved.
How to prepare for a job interview at Next Employment Ltd
✨Know Your Numbers
As a Borderaux Analyst, you'll be dealing with a lot of data. Brush up on your understanding of binder data entry and reporting processes. Be ready to discuss how you've handled data accuracy in the past and any tools or systems you've used.
✨Show Your Team Spirit
This role requires collaboration with underwriters, brokers, and claims teams. Prepare examples of how you've worked effectively in a team setting. Highlight any instances where you took ownership of issues and supported your colleagues.
✨Be Ready to Problem-Solve
Expect questions about how you would handle validation errors or missing submissions. Think of specific scenarios where you've resolved similar issues and be prepared to explain your thought process and the steps you took.
✨Familiarise Yourself with the London Market
Since experience in the Insurance/London Market is crucial, do your homework! Understand the key players and current trends. This knowledge will not only impress your interviewers but also show your genuine interest in the industry.