Markel

Delegated Authority Data Manager

16 April 2024
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Deadline date:
£71000 - £127000 / year

Job Description

Do you have a background in Delegated Data / Borderaux?

Come and work with us as a Delegated Authority Data Manager here at Markel

What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realise our potential, we can help others reach theirs.

Join us and play your part in something special!

The opportunity:

We have an exciting opportunity for a Delegated Authority Data Manager to join the Markel team in our London office. The Governance & Delegated team at Markel International 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.

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 raising 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 partners, 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 partners, 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

Our must haves:

  • 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

Who we are:

Markel Corporation (NYSE – MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.

We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further

What’s in it for you:

  • A great starting salary plus annual bonus & strong benefits package…

  • 25 days paid holiday plus Bank Holidays, with the opportunity to buy / sell extra leave

  • Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer

  • There are countless opportunities to learn new skills and develop in your career, and we can provide the support needed to do just that!

Are you ready to play your part?

Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.

Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at [email protected] or call us at 0161 507 5827 to request any accommodations that may be needed. This includes any alternative formats of any documents or information on how to apply offline.