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- Tasks: Review and manage credit insurance contracts to ensure profitable growth.
- Company: Join a global leader in trade credit insurance with a diverse team.
- Benefits: Enjoy competitive salary, career development, and a collaborative work culture.
- Other info: Dynamic environment with opportunities for personal and professional growth.
- Why this job: Shape the future of trade while making impactful decisions.
- Qualifications: 5+ years in finance with strong knowledge of credit insurance.
The predicted salary is between 55000 - 65000 £ per year.
Department: Commercial Underwriting - 019
Contract type: Permanent contract
Company Description
Our 5,200 experts representing 80+ nationalities in 58 countries are united by a shared purpose: helping companies navigate through uncertainty by empowering them to make the right decisions and trade smarter in a complex world. With nearly 80 years of global experience, we offer companies a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring — all driven by a unique data patrimony, cutting-edge technology, innovation and a deep understanding of the global economy. Joining Coface means being part of a close-knit international organization, where your ideas matter. We foster a culture of learning, collaboration and inclusion where you are given responsibilities and can see the impact of your actions. Shape the future of trade with us. Join our Happeners!
Job Description
MISSION: Ensure that credit insurance contracts including derogatory terms and conditions will generate a profitable growth at Regional and country level; Support the commercial staff in sharing expertise and providing solutions to meet our clients’ needs; Make sure that the branch's credit insurance policies include wordings approved by the group and terms and conditions compliant with both our Group Rules and the local jurisdictions.
MAIN RESPONSIBILITIES:
- Review derogation requests submitted by the commercial staff relating to credit insurance policies, make decisions on derogatory items if the decision can be made with his/her level of authorities and issue recommendations to their Country Manager and to the Regional CUW team.
- Connect, at country and regional levels, with both the commercial team to know the background of a request and the rationale behind it and with the Risk Underwriting department to share views and align his/her stance.
- If specific wordings have to be drawn up to meet a client's need, prepare a wording that will be submitted to the Group Commercial UW department.
- Remain aware of current credit insurance trends through the development of a good working relationship with other sources of the industry news and development.
- Maintain all required records of proposals and any other relevant information to enable performance to be measured and monitored.
- Communicate changes about Commercial Underwriting rules and contribute to train the country sales force.
Qualifications:
- Strong knowledge of Credit insurance industry & Coface's portfolio of products and tools.
- Contract management experience and in-depth familiarity and knowledge of various contract structures.
- Clear understanding of current economic climate, knowledge in International / Foreign Trade, understanding of trade instruments such as letters of credit, bills of exchange, and incoterms.
- Assertive & quick decision-making capabilities, high degree of analytical competence, good skills in collaboration, ability to quickly learn and adapt to new systems / tools and the ability to work under pressure.
- A degree in Finance, Business Administration, Economics, Banking or equivalent.
- At least 5+ years of finance background within a sales environment.
Senior Commercial Underwriter in London employer: Coface Group
Contact Detail:
Coface Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Commercial Underwriter in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Commercial Underwriter role.
✨Tip Number 2
Prepare for interviews by researching the company and its products. Understand their credit insurance offerings and be ready to discuss how your experience aligns with their needs. We want you to shine and show them why you're the perfect fit!
✨Tip Number 3
Practice your pitch! Be clear about your skills and experiences that relate to the job description. We suggest doing mock interviews with friends or using online resources to get comfortable talking about your achievements.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive and engaged with our brand. Let’s make it happen together!
We think you need these skills to ace Senior Commercial Underwriter in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Commercial Underwriter role. Highlight your experience in credit insurance and contract management, and don’t forget to showcase your analytical skills and decision-making capabilities.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention specific experiences that relate to the job description and show us your passion for the industry.
Showcase Your Knowledge: Demonstrate your understanding of the current economic climate and credit insurance trends in your application. This will show us that you’re not just qualified, but also genuinely interested in the field.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Coface Group
✨Know Your Stuff
Make sure you brush up on your knowledge of the credit insurance industry and Coface's products. Familiarise yourself with current trends and be ready to discuss how they impact the business. This shows you're not just interested in the role, but also in the industry as a whole.
✨Showcase Your Decision-Making Skills
Prepare examples from your past experience where you've had to make quick decisions under pressure. Highlight your analytical skills and how you've successfully navigated complex contract negotiations. This will demonstrate your assertiveness and capability to handle the responsibilities of a Senior Commercial Underwriter.
✨Connect with the Team
Research the company culture and be ready to discuss how you can contribute to a collaborative environment. Think about how you can support the commercial staff and align with the Risk Underwriting department. Showing that you value teamwork will resonate well with the interviewers.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's approach to credit insurance and how they adapt to changes in the economic climate. This not only shows your interest in the role but also your proactive mindset in understanding the bigger picture of the business.