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Claims Bordereaux Analyst

Posted 25 days ago

  • London, Greater London
  • Any
  • External
  • Expires In 2 months
Munich Re Specialty – Global Markets is part of the Munich RE group. We are known for our dedication to excellence and quality of service provision across both primary and reinsurance.
As well as operating in the Lloyd’s of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including Singapore, Labuan and Dubai.
Our group of companies provide solutions covering Casualty, Marine & Cargo, Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht. Our purpose is to inspire our clients and people with the confidence and freedom to explore, create and build – to enable people and businesses to thrive.
We are looking to employ a Claims Bordereaux Analyst to be based in London and to work with us on a full-time basis.
If you’d like to work within a high performing, motivated and collaborative team atmosphere where you can make difference, we’d love to hear from you.
What we are looking for
You to take a proactive approach to the management of delegated claims and look to uphold a quality claims service. To take account of applicable regulatory requirements.
The Role
Monitoring, reviewing & loading claims bordereaux into Lloyd’s DDM and inhouse systems (Bloom)
Reviewing data quality and drive improvement
Identifying, reporting and resolving any Delegated Authority breaches
Assisting in the review of Delegated Authority KPI’s and follow up
Manipulation and reporting of Claims Delegated Authority data
Assisting Claims Delegated Authority Manager with Claims Delegated Authorities function
Assist with Conduct Risk related activities
Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.
Understand all appropriate lines of escalation and the responsibilities of the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Claims Sub Committee (UCSC) , ExCo and Board for Conduct Risk.
You are required to comply with the PRA and FCA conduct rules.
Knowledge and Skills
Good knowledge of DDM and similar bordereaux processing tools
Good knowledge of Lloyd’s Standard Claims Reporting bordereaux (version 5.2)
Knowledge of market strategies
If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!
Diversity & Inclusion
At Munich Re, embracing the power of differences is at the core of who we are. We believe diversity fosters resilience and innovation and enables us to act on our purpose of helping humankind act braver and better. 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.
Your career with us
At Munich Re Specialty – Global Markets, you’ll find the flexibility, development and support you need to excel your career combined with a competitive salary and a benefits package that promotes wellbeing and work-life balance, on top of the standard features that include a non-contributory pension, private medical care, life assurance and more!
Working together, we are an employer of choice by building the workforce for today and the future. We make it happen. Together.
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