My client is a leading insurance business with an innovation team that specializes in underwriting net new insurance products, primarily by providing capacity to new Insurtech vehicles.
They are looking to add to their team based in London with someone who has experience in (Re)insurance reporting with a strong understanding of bordereaux management systems.
Responsibilities include (but are not limited to):
Data Validation & Compliance
* Review and validate incoming data (premium and claims bordereaux, cession statements, MGA reports) for accuracy and completeness.
* Ensure reported figures align with underwriting terms and contractual obligations.
* Identify and investigate data anomalies or inconsistencies.
Reporting & Insights
* Compile validated data into clear, actionable reports for internal stakeholders.
* Highlight key metrics, trends, and discrepancies to management.
* Ensure reports are delivered on time and meet organizational standards.
Client Liaison
* Collaborate with MGAs and other partners to resolve data-related queries or discrepancies.
* Act as a point of contact for data validation issues, addressing concerns promptly and professionally.
System Utilization & Optimization
* Use bordereaux management systems (e.g., Distribind, VPR) to streamline data validation processes.
* Identify opportunities to enhance data management and validation workflows.
Compliance Monitoring
* Monitor and ensure adherence to operational, regulatory, and contractual requirements.
Experience required:
• 3+ years in insurance or reinsurance reporting, data validation, or operations.
• Strong familiarity with bordereaux management systems such as Distribind or VPR is highly desirable.
• Advanced proficiency in Excel and other data analysis tools.
• Strong understanding of insurance and reinsurance contracts, premium and claims reporting, and bordereaux reconciliation.
• Experience working with Insurance operations and reinsurance business.
• Familiarity with data reporting practices for MGAs is an advantage.
• Excellent attention to detail and problem-solving abilities.
• Strong written and verbal communication skills, with the ability to effectively interact with clients and internal stakeholders.
• Independent, proactive, and capable of managing complex tasks with minimal supervision.
• Certifications such as ACII or equivalent are a plus but not mandatory.