Risk Underwriter

At Coface we make trade happen everyday 

Coface is a team of 5,200 people of 80 nationalities across nearly 58 countries, all sharing a corporate culture across the world. Together, we work towards one objective: facilitating trade by helping our 50,000 corporate clients develop their businesses. 

With 80 years of experience, Coface is a leader in the credit insurance and risk management market. We have also developed a range of other value-added services, including factoring, debt collection, Single Risk insurance, bonding, and information services. 

As a close-knit, international organisation at the core of the global economy, Coface offers an enriching work experience on several levels: relational, professional, and cultural. 

Every day, our teams are making trade happen. Join us! 

Mission:

• Analyze the payment’s ability of buyers, in the frame of each sector and country.
• Set a maximum envelope on a buyer or a group, issue limits to be monitored upon updated information.
• Participate in profitable developments of commercial business by analyzing new clients’ portfolios and by improving the acceptance rate of existing contracts. 
• The incumbent will operate within the delegation profile as stated in the general rules for the Group Underwriting activity.

Job Description: 

Credit risk analysis

- Analyze information on debtors as provided by internal systems (Atlas, Atlas Info) in order to set credit 

  limits. 

- Follow Maximum Standard Exposure (MSE), Maximum Debtor Exposure (MDE) and/or Maximum Group Exposure (MGE) process to propose maximum ceiling to be set on a buyer or a group.

- Maintain quality, productivity and process time standards set by Group risk underwriting department.

Monitoring

- Monitor closely policyholders' portfolio in order to mitigate loss.

- Review credit limits upon any additional information (negative report, extension of credit terms, 

  deterioration of buyer’s environment: sectors or country, press clippings).

- Determine the Extension Due Date (EDD) in co-operation with the Account Managers and Claims department.

Customer relationship

- Inform and explain credit restrictions to policyholders when granting, reducing or cancelling limits,

  where required.

- Network with Enhanced Information Center, Debt Collection, CRM and Sales departments to ensure an

  optimal account management process flow within defined SLAs.

Commercial support

- Appraise restrictive decisions, low DRA, and any other relevant data prior to the renewal

  of contracts.

- Participate in meetings with prospects, policyholders, brokers and banks set up by the commercial team 

  to ensure business acquisition, retention or renewal, as appropriate.

Compliance

- Ensure compliance with regulations and procedures as laid down by Coface and external regulators.

 

• Degree in Business Administration or any related discipline with financial, economical and insurance
• At least 5 - 10 years in financial or credit analysis. Prior risk underwriting experience will be a plus.
• Good knowledge of credit insurance business and credit risk management
• Awareness of macro-economic/ political climate
• Ability to gather and analyze information from various external/internal sources: financial statements, sector and country economical reports, other departments data etc
• Strong communication and interpersonal skills with good analytical ability
• Good written and verbal communication in English and Chinese to speak with stakeholders in Asia Pacific countries.

 

• Flexible working model: up to 3 days of home office per week after the 1st month
• Career opportunities: Opportunity to build your career (both locally and internationally) in a large global company, one of the world leaders in its field