Recruiter's Glossary

Examples: Loss Ratio • IBNR • Additional Insured

Bordereau

Term from Insurance industry explained for recruiters

A Bordereau is a detailed report used in the insurance industry that lists key information about insurance policies, claims, or premiums. Think of it like a detailed spreadsheet that insurance companies use to keep track of and share information. It's especially important in reinsurance, where one insurance company shares risk with another company. Insurance professionals work with bordereaux (the plural form) to manage risk, track payments, and ensure accurate reporting between different insurance companies and partners.

Examples in Resumes

Managed monthly Bordereau reports for a portfolio of 500+ insurance policies

Created automated Bordereau processing systems that reduced reporting time by 40%

Reviewed and validated Bordereaux data for accuracy in reinsurance contracts

Typical job title: "Bordereau Analysts"

Also try searching for:

Insurance Analyst Reinsurance Analyst Bordereau Administrator Insurance Data Analyst Claims Administrator Reinsurance Operations Specialist

Where to Find Bordereau Analysts

Professional Networks

Industry Resources

Example Interview Questions

Senior Level Questions

Q: How would you improve a company's bordereau reporting process?

Expected Answer: A strong answer should discuss implementing automation, standardizing data formats, quality control measures, and ways to reduce processing time while maintaining accuracy. They should mention experience with process improvement and team training.

Q: How do you handle discrepancies in bordereau data from multiple sources?

Expected Answer: The candidate should explain their approach to data reconciliation, validation processes, and how they communicate with stakeholders to resolve conflicts. They should emphasize accuracy and attention to detail.

Mid Level Questions

Q: What key elements do you check when validating a bordereau?

Expected Answer: Should mention checking premium calculations, policy dates, claim amounts, risk categories, and ensuring all required fields are complete and accurate according to the reinsurance agreement.

Q: How do you maintain data quality in bordereau reporting?

Expected Answer: Should discuss regular auditing processes, data validation techniques, and systems used to catch errors before submission. Should mention importance of following reporting schedules.

Junior Level Questions

Q: What is a bordereau and why is it important in insurance?

Expected Answer: Should be able to explain that it's a detailed report of insurance information and its role in tracking policies, premiums, or claims. Should understand basic reporting schedules.

Q: What types of information are typically included in a bordereau?

Expected Answer: Should list basic elements like policy numbers, dates, premium amounts, claim details, and policyholder information. Should understand different types of bordereaux.