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About the Role

Price Forbes Re is seeking a Binder Processing Specialist to join our Global Client Servicing Team. This role will focus on the technical processing and administration of delegated authority (binder) and proportional treaty reinsurance business, with a particular emphasis on bordereaux management, premium processing, reconciliation and data quality. The successful candidate will act as a key operational contact for clients, MGAs, coverholders and internal stakeholders, ensuring bordereaux and associated transactions are processed accurately, efficiently and in accordance with contractual requirements. The role requires regular interaction with clients to resolve processing queries, maintain reporting standards and support the smooth operation of complex reinsurance programmes. The position supports London Market business, while also supporting teams in Bermuda and the United States, and collaborating periodically with the Analytics team in Prague.

Responsibilities

Receive, validate and process premium, claims and risk bordereaux.
Review bordereaux for accuracy, completeness and contractual compliance.
Investigate and resolve data discrepancies, missing information and processing exceptions.
Monitor bordereaux reporting schedules and follow up on outstanding submissions.
Maintain accurate processing records and audit trails.
Process premium and adjustment transactions within operational systems.
Support proportional treaty and binder accounting activities.
Ensure accurate booking and maintenance of contract data.
Assist with reconciliations and correction of processing issues.
Support bureau and non-bureau processing workflows where applicable.
Act as a day-to-day technical contact for clients on processing matters.
Build strong working relationships with MGAs, coverholders, cedants and broking teams.
Resolve processing queries promptly and professionally.
Participate in client meetings and operational review discussions where required.
Coordinate closely with broking, servicing, IBA and analytics teams.
Maintain high-quality data within OpenTwins and related systems.
Support data validation, cleansing and reconciliation activities.
Work alongside the Prague Analytics team to improve bordereaux quality and reporting outputs.
Contribute to operational reporting and management information.
Adhere to internal procedures, service standards and regulatory requirements.
Escalate risks, delays or material processing issues appropriately.
Support process improvement initiatives and operational best practice.
Assist with audit and compliance requests as required.

Requirements

Experience in insurance or reinsurance operations, processing or delegated authority business.
Experience handling bordereaux, premium processing or technical accounting activities.
Strong attention to detail and data accuracy.
Excellent organisational and communication skills.
Ability to manage multiple priorities and deadlines.
Strong Excel and data handling capabilities.
Client-focused with strong relationship management skills.
Comfortable working directly with clients to resolve technical and processing queries.
Analytical and detail-oriented.
A proactive team player who enjoys working across international teams.
Committed to delivering high levels of service, accuracy and operational excellence.

Skills

OpenTwins
Proportional treaty reinsurance business
London Market delegated authority arrangements
MGAs
Coverholders
Binder business
Reinsurance accounting
Settlement processes
Excel
Data handling

Location

London

Work Type

Hybrid
Full time
Permanent

Experience Level

Senior

Salary/Compensations

Competitive salary

Benefits

Apprenticeships
Study support
Participation in our annual Spotlight Awards
Community Trust
Sports Teams
Office socials
Events
Wellbeing programs
Fantastic discounts across many big-name businesses
Employer pension contribution of 10% (providing you, the Employee provides 5%)
Good work life balance - flexibility to suit you.
Life Assurance at X4 of your base salary.
Group Income Protection.
Generous Annual Leave entitlement.
Private Medical Insurance.
Group annual bonus scheme.

About the Company

At Price Forbes Re, we provide much more than just a workplace. We are dedicated to fostering skill development and knowledge within a team that is passionate about their work, values their Employees, and truly celebrates diversity.
Working at Price Forbes Re means you’ll be part of The Ardonagh Group. We are proud of our innovative environment offering many opportunities for growth across the wider group. Employees regularly move between our united teams, and we encourage you to make your role your own.
Our offices are lively and exciting places to be, but we understand that life needs flexibility, and offer a genuinely flexible approach to working. If you are looking to join a thriving, energetic business with exciting plans, this role could be an ideal fit for you.

Equal Opportunity

We are an equal opportunities Employer, dedicated to creating a diverse, inclusive, and authentic workplace where everyone can thrive, bring their whole self to work, and reach their full potential. If you’re excited about this role, but your experience doesn’t perfectly match what we are looking for, please apply anyway. You might just be the right fit for the job, or other opportunities we may have within the wider Group.
We truly value the diversity of our teams and as a Group, we are committed to supporting and welcoming individuals from all backgrounds, as we appreciate every perspective is a significant part of our success. Should you require any reasonable adjustment throughout the recruitment process, please do not hesitate to let a member of the Talent team know.