Senior Bordereaux Technician
£40,000
Essex – Flexible hybrid working
Edenbrook are currently recruiting for a Senior Bordereaux Technician for a rapidly growing specialist professional services firm that works in partnership with leading insurance companies globally. The successful candidate will enjoy a client facing role with a strong bordereaux background with Lloyd’s systems exposure.
Responsibilities:
• Accurate Cover note interpretation.
• Understand premium terms and how to calculate premium adjustments.
• Identify factors which may lead to reinsurance reporting thresholds.
• Review factors against the terms and conditions of the reinsurance contract.
• Ensure compliance to any contractual reporting triggers.
• Calculate reinsurance recoveries against a complex Reinsurance programme.
• Knowledge of Reinsurance credit control function
• Assist with the process of new Ceded Reinsurance systems.
• Review Ceded Reinsurance record entry into source systems.
• Adherence to internal controls, including Risk and SOX controls
• Improve the current provision of data necessary for internal and external reporting.
Experience:
• Understanding the full Reinsurance process from Placement through to Credit Control and Reporting.
• Strong IT skills with an intermediate/advanced level of Microsoft Excel, Word and PowerPoint.
• Around 5 years’ experience within the London market
