Job Description
The Role
This role is primarily responsible for supporting the processing of and reconciling of risk, claims and premium data received from appointed agents and claims third party administrators (TPA’s). The role involves collaboration with agents and TPAs as well as internal business units, including but not limited to underwriting, finance and claims.
Responsibilities
Bordereaux processing
- Prepare incoming risk, claim and premium bordereaux for processing, including but not limited to translating to standard format.
- Provide quality assurance of risk and claims data by cleaning, filtering and running data control checks and validations using most appropriate and relevant methods.
- Work with agents, TPAs, vendors, underwriters, claims and finance to resolve data errors and omissions within reasonable time frames to meet the strict monthly closing schedules.
Data Analysis
- Run queries as needed to identify inconsistencies in bordereaux data.
- Perform data reconciliation between the source files and various systems of record.
- Assist with development, modification, testing and distribution of existing or new reports and data calls for various internal and external business stakeholders in collaboration with the MI report developers.
Testing
- Perform testing of enhancements and defect fixes for the bordereaux management system.
- Assist with onboarding risk, claims and payment templates for new contracts, through testing and collaboration with team members, underwriters, claims, business analysts and vendors.
Data Administration (if applicable)
- Update system with new catastrophe codes as needed.
- Update code lists for various lookup tables and code maintenance lists.
- Assist with other projects and tasks related to data administration and processing.
Skills And Experience
- Strong analytical skills
- Solid knowledge of various data sets pertaining to the insurance or finance industry. Other relevant data knowledge or experience acceptable.
- Excellent written and verbal communication skills.
- Advanced Excel knowledge and skills in other Microsoft Office products to support MI and Reporting
- The ability to effectively plan and prioritize work to meet strict deadlines
- The ability to carry out data quality control, validation and linkage
- The ability to produce and interpret clear graphical representations and data visualizations
- Ability to handle a diverse range of priorities and tasks
- Delivery focused and deadline driven
- Excellent attention to detail
- Change centric – with a focus on continuous improvement
- Problem-solver
Salary Range: $55,000 - $70,000
Our Benefits
ABOUT US
We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory 401k, discretionary bonus, insurances including medical, dental and vision cover, and many other benefits to enhance financial, physical, social and psychological health.
About Canopius
Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.
At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.
Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.
We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.
We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.
