At a Glance
- Tasks: Process global fronting operations and optimise Surety processes for added business value.
- Company: Join Allianz, a trusted leader in insurance and asset management.
- Benefits: Inclusive workplace, supportive culture, and opportunities for personal growth.
- Other info: This is a maternity cover role lasting approximately 10 months.
- Why this job: Make a real impact while developing your skills in a dynamic environment.
- Qualifications: Experience in banking and strong communication skills are essential.
The predicted salary is between 50000 - 60000 £ per year.
Overview
The Trade Finance analyst is responsible for processing global fronting operations from all Allianz Trade Business Units. Supports the fronting managers with existing relationships with partner banks. Optimizes and harmonizes fronting processes for Surety with the aim of adding value to business.
Responsibilities
- Timely processes Surety fronting requests, including inquiries, quotations, bond wording acceptances, counter-guarantees, SWIFT messages to banks, SBLC/BG issuances and invoicing.
- Monitors and provides constant updates about application status for the requesting BUs.
- Constantly looks for process improvements and aims to deliver customers’ service excellence.
- Seeks alignment with Surety U/W, Legal and Finance functions supporting business growth and process optimization.
- Develops fronting reports on fronting deals and banks' portfolio.
- Ensures that fronting processes are followed and data entry is accurate in the system.
Profile
Soft Skills
- Interpersonal skills.
- Solid customer-oriented and production management skills.
- Ability to build long-term and collaborative relationships with customers and banks.
- High attention to detail and ability to negotiate and hold difficult meetings with stakeholders.
- Effective self-management skills.
- Willingness to support changes when necessary.
Hard Skills
- Previous experience with the banking sector.
- Knowledge of exchanging SWIFT MT700 family messages with banks.
- In-depth understanding of fronting processes and workflows.
- Excellent English writing and verbal skills.
Nice to Have
- Previous experience with insurance is desirable but not essential.
This opportunity is a maternity leave cover and is expected to last approximately 10 months.
Group Surety - Trade Finance Specialist - Fronting (Fixed Term Contract) employer: Allianz Trade in UK & Ireland
Contact Detail:
Allianz Trade in UK & Ireland Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Surety - Trade Finance Specialist - Fronting (Fixed Term Contract)
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and insurance sectors. A friendly chat can lead to insider info about job openings or even a referral, which can give you a leg up in the application process.
✨Tip Number 2
Prepare for interviews by researching Allianz and their fronting processes. Show us that you understand their operations and how you can add value. Tailor your responses to highlight your customer-oriented skills and attention to detail.
✨Tip Number 3
Practice your negotiation skills! Since this role involves dealing with stakeholders, being able to handle tough conversations is key. Role-play with a friend or mentor to build your confidence before the big day.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re genuinely interested in joining our team at Allianz.
We think you need these skills to ace Group Surety - Trade Finance Specialist - Fronting (Fixed Term Contract)
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience with fronting processes and banking. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant achievements!
Show Off Your Soft Skills: This role is all about building relationships and providing excellent customer service. We love candidates who can demonstrate their interpersonal skills and ability to manage stakeholder expectations, so share examples of how you've done this in the past.
Be Clear and Concise: When writing your application, keep it straightforward and to the point. We appreciate clarity, so avoid jargon and make sure your key points stand out. Remember, we’re looking for attention to detail!
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Allianz Trade in UK & Ireland
✨Know Your Fronting Processes
Make sure you brush up on your knowledge of fronting processes and workflows. Be ready to discuss how you've handled similar tasks in the past, especially any experience with SWIFT messages or bond wording acceptances. This will show that you understand the role and can hit the ground running.
✨Showcase Your Interpersonal Skills
Since this role involves building relationships with banks and customers, be prepared to share examples of how you've successfully navigated difficult meetings or negotiations. Highlight your customer-oriented approach and how you maintain strong, collaborative relationships.
✨Demonstrate Attention to Detail
Attention to detail is crucial in this position. Bring examples of how you've ensured accuracy in data entry or process management in previous roles. You might even want to mention any specific tools or methods you use to keep track of details.
✨Be Open to Change
Allianz values adaptability, so be ready to discuss times when you've supported changes in your workplace. Share how you approach new challenges and your willingness to optimise processes for better service delivery. This will resonate well with their culture of continuous improvement.