Key Accountabilities:
Bordereaux Management
Receive, review and process incoming bordereaux from Coverholders and TPAs in line with binding authority agreements.
Ensure data quality and compliance with Lloyd’s Coverholder reporting standards.
Maintain bordereaux schedules and ensure timely ingestion into internal systems.
Data Validation and Upload
Cleanse, map and upload bordereaux to internal systems.
Identify and investigate anomalies, missing data and contract breaches.
Resolve data and mapping queries from third party outsource partners.
Manage ELTO processing and audit reviews from end to end
Stakeholder Collaboration
Liaise with internal teams, including Underwriting, Finance/Credit Control and Claims, third party service providers, coverholders, broker and TPAs.
Work with Outwards Reinsurance to ensure annual RI renewal process is completed accurately
Support Underwriters in monitoring binder performance.
Highlight and escalate persistent data or performance issues.
Produce weekly, monthly and quarterly MI for internal reporting and committee papers.
Provide training to third party service providers and members of the London team where required
Role Requirements:
- Demonstrated experience (5+ years) in a bordereaux management, oversight and processing
- Familiarity with Lloyd’s regulatory framework, including binding authority contracts, Coverholder audits and reporting standards
- Strong understanding of bordereau types: premium, risk, claims and paid
Skills & Competencies Required:
- Advanced Excel (pivot tables, lookups, data cleaning)
Ability to communicate well one-to-one and in small groups. Keeps others informed and updated, Ability to write clear, precise and well organised documents
- Experience with data integration/mapping tools
- Excellent attention to detail and organisational skills
- Strong stakeholder management experience, able to build relationships within the business at all levels as well as with brokers/coverholders as required
Strong experience in Delegated Authorities and bordereaux practices with good knowledge of Lloyd’s, FCA/PRA and other regulatory standards
Ability to act with due professional care, demonstrating sound integrity and confidentiality
Qualifications & Experience:
Demonstrated experience (5+ years) in bordereaux management, oversight and processing at a senior analyst level
Strong knowledge of Lloyd’s and Company Market practices including experience with Lloyd’s systems including ATLAS, DCOM, ECF2, IMR & Crystal
Watertrace (BDX & IQ Canvases) system knowledge preferable
Educated to at least A-level standard, degree preferable
Relevant professional qualifications e.g. CII, LMMIT, LM1/LM2 or desire to work towards
This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management. #WSPI
About UsWestfield Specialty International Culture
Our culture is centred around three core values: Excellence, focused on high performance, agility and embracing change; Ambition, where inquisitiveness, challenge and a bold approach is encouraged; and Collaboration, delivering shared goals through collective expertise, diversity of thought and transparency. All three are underpinned by Reward & Recognition, where people are supported & respected, and success is celebrated.
