Founded in 1998, DUAL has built a reputation as a specialist underwriting group and the market of choice for insurance intermediaries around the world. That’s how we have become one of the world’s largest international underwriting agencies with US$3.5 of GWP.
DUAL is part of Howden, an international insurance group with employee ownership at its heart. The Group was founded in 1994 and now has divisions in broking and underwriting, operates in 55 territories and employs over 18,000 people handling US$38bn of premium on behalf of clients.
People: 1700
Countries: 21
Role Highlights
A great opportunity for an experienced, bordereaux analyst to own the management of our growing European Marine book of business
Working within an energetic, fast paced and collaborative team
We are looking for a hands on, proactive, solution driven candidate, with excellent communication
Full time position: 5 days a week (Remote working & London/Rotterdam/Genoa)
Role overview
A new line of business to Dual, this integral role will be supporting the end to end generation and validation of our Marine written, premium and claims bordereaux. The successful candidate will work heavily with the underwriting team in Europe to ensure compliance with regulatory requirements (including tax reporting) and fulfil the reporting requirements of our carriers.
Role responsibilities
Facilitate the production of Written/Premium/Claims bordereaux, working with our Marine product in a multi-currency environment to ensure reports are accurate and up to date when sent to Brokers/Carriers.
Monthly review of portfolio for Business Unit, highlighting issues/significant changes etc.
Proactively raise and manage queries through to resolution with both internal and external stakeholders.
Maintain and develop Monthly Management information Written/Claims/Premium/Aged Debtor by Business Unit.
Ensure all business written adhered to the terms of the Binding Authority Agreement, and work with the underwriting team to rectify any breaches.
Ensure process and procedures are compliant with DUAL business policies and local business policies.
Management of payments to carriers and other third parties on a monthly basis. Reconciliation of claims trust accounts.
Respond in a timely manner to External Audit requirements / requests
Key Skills
Ability to adhere to and manage strict SLAs.
Identifies and resolves problems proactively and in a timely manner.
Actively seeks opportunities for improvement and development.
Displays original thinking and generates creative solutions
Time management and prioritisation.
Strong working knowledge of Microsoft Excel.
Can handle multiple tasks with interruptions
Numerate and can demonstrate accuracy and thoroughness
Resilient and adaptable to change.
Confident and able to develop relationships through effective communication.
Meticulous and strong attention to detail.
Knowledge and Experience
Knowledge of Marine Insurance would be beneficial
Proven experience in reporting in Lloyds minimum standards and technicalities bordereaux data.
Knowledge of LMTOM & Market business glossary.
Experience in producing Written, Premium & Claims bordereaux.
Well practiced in reconciliations.
Strong Excel knowledge (Formulas & Pivot Tables)
Understanding of Delegated Authority
Compliance & Regulatory Responsibilities
To remain compliant at all times.
To obtain appropriate approvals to ensure compliance with company policy, procedures and regulatory requirements/rules, with regards to data protection, money laundering etc.
To share ideas, best practice and other information within the team.
Ensure that own performance, HR and T&C records are up to date and meet the Company’s requirements.
Maintain accurate records and deal with correspondence appropriately.
A career that you define. At DUAL, we value diversity – there is no one DUAL type. Instead, we’re looking for individuals who share the same values as us:
Our successes have all come from someone brave enough to try something new
We support each other in the small everyday moments and the bigger challenges
We are determined to make a positive difference at work and beyond
We're committed to providing reasonable accommodations at DUAL to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours* or hybrid working*.
If you're excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.
*Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.
Permanent
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