Bordereaux Analyst Job Description
Role Purpose & Accountability
• To assist in delivering a first-class service and ensuring that the Business has the data necessary to allow for timely and accurate reporting and data analysis on binder business.
• Accountable to the Bordereaux Services Manager.
• To provide day to day administration of binder bordereaux.
• To locate and enter binder data and original bordereaux into the Business’s systems.
• To undertake Validation checks against Binder Data and produce necessary reports where required.
Role responsibilities:
This role includes responsibility for:
• Accurate and timely binder data entry into the Business's systems (Risk, Premium & Claim).
• Assisting with the review and peer review, resolution and escalation of bordereaux quality.
• Liaise with Underwriters, their Assistants and members of the Delegated Authority and Claims DA team to correctly identify binder bordereaux against Tokio Marine Kiln binders and sections within the binders.
• Submit relevant bordereaux to the Binder Bordereaux System for processing of transactional level data.
• Create mapping templates for new binders / sections. Amend existing templates when needed.
• Resolve validation errors on binder data and escalate issues to Underwriters / Delegated Underwriting Team as applicable.
• Work towards improving binder's data quality over time through discussions with brokers in relation to completion of mandatory and conditional data fields.
• Continually reviewing and looking to deliver efficiencies and streamline process.
• Champions the Company values and works in accordance with the organisational behaviours.
• To be aware of and comply with the relevant rules and regulations in relation to Financial Crime & Conduct.
• Ad hoc tasks as required
Technical Requirements:
The following are essential for this role:
• Microsoft Word, Excel and Outlook, and Tokio Marine Kiln IT systems.
• Logical thinker to write formulae to perform calculations in Binder Bordereau Systems.
• Analytical
• Good communicator
• Knowledge of the insurance market is advantageous but not essential.
Skills & Behaviours:
The following are essential for this role:
• Must be a team player and take ownership of Broker / Cover holder issues when required to.
• Must be a team player, providing support to other members of staff.
• Accurate and timely
• Analytical Thinking
• Acting Decisively
• Delivering Quality