At a Glance
- Tasks: Support the Facilitation team by processing risks and managing bordereaux for global business.
- Company: Join Pro MGA Solutions, a dynamic player in the Delegated Underwriting Authority sector.
- Benefits: Full-time role with opportunities for growth and development in a supportive environment.
- Why this job: Be part of a growing team and make an impact in the insurance industry.
- Qualifications: 3 years of insurance experience, strong communication skills, and proficiency in Microsoft Excel.
- Other info: Fast-paced environment with opportunities to learn and develop your career.
The predicted salary is between 36000 - 60000 £ per year.
Delegated Authority Risk & Bordereaux Administrator
Pro MGA Solutions Ltd. (‘Pro.MS’) was established in 2016 and provides a bespoke and/or packaged solution to stakeholders in the Delegated Underwriting Authority (DUA) sector covering;
- Incubation of start-up and/or existing MGAs
- MGA Facility whereby Pro.MS uses its regulatory licenses to trade as an MGA on behalf of its client(s)
Utilising the various offices within the Pro network, Pro.MS is able to deliver multi-territory solutions, supporting local underwriting teams supported by regional and centralised delivery centres across multiple time zones. The service provides Risk Capital the support required to manage their DUA portfolios as well as a local trading platform offering their products to local distribution partners.
Purpose of Role
Pro.MS has an exciting opportunity for a Delegated Authority Risk & Bordereaux Administrator to join the growing team to provide essential support on delegated books of global business.
The role is centered on supporting the existing Facilitation team and its clients. The postholders will be accountable for meeting deadlines for processing of cover holder risks on a daily basis and completing premium and claims bordereaux.
The role will require communication with Brokers and Insurance Capacity on a regular basis and supporting the Operational Facilitation Manager to maintain and develop excellent client relationships.
Responsibilities
- To support the Operational Facilitation Manager in the following areas:
- Processing risks accurately and in a timely manner onto the system. Seasonality of the business will mean the individual will be expected to produce quality and quantity during the high-volume periods associated with 1 April, 1 July, 1 October, and 1 January business
- Referring and liaising with Capacity providers as and when required
- Drafting proposals to be issued to Brokers.
- Entering location information onto the system with detailed Total Insured Values
- Reviewing policy documentation to ensure information detailed in the Policies are accurate. If not, having the confidence to challenge content on documents
- Sending weekly Policy chaser emails to brokers
- Allocation of Premium and tax details onto the system
- Documenting Claims information and preparing monthly reports
- Bordereaux Production – To assist and produce the Risk Bound and Paid Premium Bordereaux on a monthly basis.
- Monitor and manage email inboxes to ensure SLA’s are met
Skills and Experience
- Able to work under pressure and prioritise workload to meet pressured deadlines
- Excellent verbal and written communication skills
- Flexibility and willingness to work additional hours during renewal periods is a key requirement of this role
- Experience working with Microsoft packages, especially Excel
- Experience of the Risk administration function
- Experience of Bordereaux Processing
- Ability to produce accurate and clear documentation
- Willingness to learn
- Strong attention to detail and high level of accuracy
- Ability to independently research issues and assess the findings
- A minimum of 3 years insurance experience is essential, from an MGA environment is desirable
- Proven experience managing teams, demonstrating leadership and the ability to motivate others
By submitting your personal data to Pro Insurance and by using our website, you give your consent that all personal data you submit as part of your application may be processed by us in the manner and for the purposes described in our HR applicant privacy policy. For further information, please refer to our Data Protection Policy, a copy of which can be requested from HR.
Seniority level
- Mid-Senior level
Employment type
- Full-time
Job function
- Administrative
- Industries: Insurance
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Delegated Authority Risk & Bordereaux Administrator employer: Pro MGA Global Solutions
Contact Detail:
Pro MGA Global Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Authority Risk & Bordereaux Administrator
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those who work with MGAs. Attend events or webinars and don’t be shy about introducing yourself. You never know who might have a lead on that perfect job!
✨Tip Number 2
Prepare for interviews by researching Pro MGA Solutions Ltd. and understanding their role in the Delegated Underwriting Authority sector. Tailor your answers to show how your experience aligns with their needs, especially around risk administration and bordereaux processing.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family to get comfortable discussing your skills and experiences. Focus on your ability to work under pressure and meet deadlines, as these are key for the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at Pro MGA Solutions Ltd. and ready to dive into the world of delegated authority risk!
We think you need these skills to ace Delegated Authority Risk & Bordereaux Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Delegated Authority Risk & Bordereaux Administrator. Highlight your experience in risk administration and bordereaux processing, as well as any relevant insurance experience. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. Don’t forget to mention your ability to work under pressure and meet deadlines, as these are key for us.
Show Off Your Communication Skills: Since this role involves regular communication with brokers and capacity providers, make sure your written application reflects your excellent verbal and written communication skills. We love clear and concise writing, so keep it professional yet approachable!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy and ensures your application goes directly to us. Plus, you’ll find all the info you need about the role right there!
How to prepare for a job interview at Pro MGA Global Solutions
✨Know Your Numbers
As a Delegated Authority Risk & Bordereaux Administrator, you'll be dealing with a lot of data. Brush up on your Excel skills and be ready to discuss how you've used data analysis in previous roles. Being able to talk confidently about your experience with bordereaux processing will definitely impress.
✨Master the Art of Communication
This role requires regular communication with brokers and insurance capacity providers. Prepare examples of how you've successfully managed client relationships in the past. Show that you can articulate complex information clearly and concisely, as this will be crucial in your day-to-day tasks.
✨Demonstrate Your Attention to Detail
Accuracy is key in this position. Be prepared to discuss specific instances where your attention to detail made a difference in your work. You might even want to bring along a sample of documentation you've worked on to showcase your ability to produce clear and accurate reports.
✨Show Your Flexibility
The job mentions the need for flexibility during peak periods. Be honest about your willingness to put in extra hours when needed, and share any past experiences where you've successfully managed high-pressure situations. This will show that you're not just capable but also committed to the team's success.