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SalaryAbout Us
Avencia are partnered with a leading global carrier who are looking for a Delegated Authority Data Manager based in London.
The opportunity:
The Governance & Delegated team are responsible for the 1st controls of our International Delegated Authority in respect of underwriting across all divisions and delegated claims covering our Wholesale, State National Global, Global Re and Global Specialty Divisions. In addition we ) provide assurance from a Product and Underwriting Governance perspective for Wholesale and State National Global divisions.
The purpose of the role is to ensure that all of our delegated data is timely and accurately uploaded into our core systems and readily reportable. You will have strong technical and management skills in order drive progress in this key area.
What you'll be doing:
- Day to day management of the Delegated Data/Bordereaux team, ensuring the team are mapping and loading bordereaux in a timely manner in compliance with both Lloyd's and Company Market data standards.
- Managing the bordereaux collection process and escalating issues to underwriters on a regular basis where poor quality or late submission of bordereaux occurs.
- Following delegated underwriting bordereaux processes across various classes of business using delegated tools primarily BDX/DDM and Eclipse (PAS)
- Ability to build data dictionary / directory (capturing data definitions, data quality, the data's appropriateness, completeness and accuracy)
- Day to day management and oversight of our outsourced data functions, including identifying appropriate opportunities to expand this.
- Ensure that internal and outsourced bordereaux functions have fully documented Standard Operating Procedures (SOP's)
- Provide clear direction and assistance to the team including training where necessary.
- Maintain accurate bordereaux records, collaborating and meeting with internal and external stakeholders, including Lloyd's brokers, Underwriters, compliance, and other departments as needed.
- Assisting with the development of all DUA systems and various ongoing projects
- Ensuring effective communication is maintained with all underwriting teams.
- Identifying key areas of data improvement in line with Lloyd's/company standards and being aware of changes to Lloyd's reporting standards and requirements.
- Management and production of bordereaux status KPI's and other Binder/Bordereaux reporting required by internal stakeholders, providing qualitative in-sight for the Leadership team.
- Stay aware of market standards, changes to bordereaux data and processing requirements.
- Work closely with the Governance team and Compliance to ensure data received is in an accurate state to enable regulatory reporting.
What we are looking for:
- Previous experience of bordereaux management processing is essential.
- Previous experience of line management is preferable.
- Previous experience of working on Data Quality/Governance projects is preferable
- Good understanding of Lloyd's and Delegated Authority requirements.
- Experience of working on complex data projects.
- Good and effective communicator - open, honest, and respectful.
- High level of accuracy and attention to detail
- Willingness to take responsibility and accountability in a collaborative manner,
- Ability to deliver work on time to a set deadlines
- Strong understanding of Microsoft Office, Word and Excel
- Effective stakeholder management skills
