Delegated Authority Bordereau Analyst

Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions.

We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.

Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.

The role:

The DA Bordereau Analyst will work alongside an existing team of DA Business Partners in London and DA Operations team in India. Supporting the tracking/processing, in a consistent manner providing accurate and timely management information, whilst ensuring improvement in quality of all bordereau information data. Providing support to the DA Oversight Manager, to ensure that controls and processes are maintained in accordance with SOX and control frameworks

Key Responsibilities: Strategy and Planning

• Assisting the management and processing of received bordereau via bordereau management system (BDX)
• Managing the bordereaux collection process and escalating issues to DA Business Partners where necessary.
• Problem solving and liaising with Coverholders and Brokers when issues arise, escalating to DA Oversight Manager.
• Ensuring effective communication is maintained with all parties involved.

Policy, Process and Procedures

• Working with the DA Business Partners to ensure a sensible direction for market bordereau changes and standards for internal and external reporting.
• Review and enhance key areas of data improvement in line with Lloyd’s standards and be up to date on changes to Lloyd’s reporting standards and requirements.
• Management and production of bordereaux MI and other Binder/Bordereau reporting required by internal stakeholders.
• Ensuring that all process and training documentation is kept up to date.
• Provide ongoing training and assistance to India team

Environmental Awareness/Customer Focus

• Day-to-day administrative support, ensuring ongoing DA service delivery, their compliance with service levels, the timely delivery and processing of bordereaux (Risk), the dissemination of performance & regulatory information, pertaining exposure and Conduct Risk compliance;

Technical Performance

• To assist the Conduct area in operating product oversight procedure for delegated authority business via bordereau data
• To provide technical advice on bordereau data requirements for specific territories and classes of business.

Skills & Experience

• Progression towards ACII preferred, or a willingness to undertake professional study when in role.
• Understanding of Lloyd’s delegated bordereau standards
• Preferred experience with BDX bordereau system, including mapping
• Minimum 3+ years in the London Insurance Market in an operational, reporting or support role
• A collaborative approach to working.
• Keen eye for detail, able to navigate detailed reports and summarise the key information for management.
• Strong communication skills, with internal and external stakeholders.
• Ability to manage own workload, prioritising tasks appropriately and ensuring that SLAs are achieved.

At Aspen we know that having a diverse and inclusive workforce is good for our people, good for our business and good for the environments in which we operate.  We therefore welcome applications from people which allows us to draw on diverse cultures, perspectives, skills and experiences.