Job Description

Key Accountabilities:

Bordereaux Management

Receive, review and process incoming bordereaux from Coverholders and TPAs in line with binding authority agreements.

Ensure data quality and compliance with Lloyd’s Coverholder reporting standards.

Maintain bordereaux schedules and ensure timely ingestion into internal systems.

Data Validation and Upload

Cleanse, map and upload bordereaux to internal systems.

Identify and investigate anomalies, missing data and contract breaches.

Resolve data and mapping queries from third party outsource partners.

Manage ELTO processing and audit reviews from end to end

Stakeholder Collaboration

Liaise with internal teams, including Underwriting, Finance/Credit Control and Claims, third party service providers, coverholders, broker and TPAs.

Work with Outwards Reinsurance to ensure annual RI renewal process is completed accurately

Support Underwriters in monitoring binder performance.

Highlight and escalate persistent data or performance issues.

Produce weekly, monthly and quarterly MI for internal reporting and committee papers.

Provide training to third party service providers and members of the London team where required

Role Requirements:

• Demonstrated experience (5+ years) in a bordereaux management, oversight and processing
• Familiarity with Lloyd’s regulatory framework, including binding authority contracts, Coverholder audits and reporting standards
• Strong understanding of bordereau types: premium, risk, claims and paid

Skills & Competencies Required:

• Advanced Excel (pivot tables, lookups, data cleaning)

• Ability to communicate well one-to-one and in small groups. Keeps others informed and updated, Ability to write clear, precise and well organised documents

• Experience with data integration/mapping tools
• Excellent attention to detail and organisational skills
• Strong stakeholder management experience, able to build relationships within the business at all levels as well as with brokers/coverholders as required

• Strong experience in Delegated Authorities and bordereaux practices with good knowledge of Lloyd’s, FCA/PRA and other regulatory standards

• Ability to act with due professional care, demonstrating sound integrity and confidentiality

Qualifications & Experience:

• Demonstrated experience (5+ years) in bordereaux management, oversight and processing at a senior analyst level

• Strong knowledge of Lloyd’s and Company Market practices including experience with Lloyd’s systems including ATLAS, DCOM, ECF2, IMR & Crystal

• Watertrace (BDX & IQ Canvases) system knowledge preferable

• Educated to at least A-level standard, degree preferable

• Relevant professional qualifications e.g. CII, LMMIT, LM1/LM2 or desire to work towards

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management. #WSPI

Founded in 1848, Westfield is a global leader in property and casualty insurance, delivering superior risk insights and innovative solutions to customers through a diverse portfolio of insurance products. Westfield underwrites commercial, personal, surety, and specialty lines of coverage through a network of leading independent agents and brokers in the United States and specialty products through Lloyd’s of London Syndicate 1200. As a mutual insurance company with more than 3,000 employees, Westfield has revenues in excess of $4 billion and more than $10 billion in assets.