Senior Commercial Underwriter

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.

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.
• Prepare specific wordings to meet a client's need and submit 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 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/account management or claims environment ideally within the credit insurance industry or banking/factoring organization.
• Fluent in English and preferably in the language of the Country.
• Previous experience in a multicultural/international corporate environment will be a plus.
• Proficient in Microsoft Office Applications: Outlook, Word, Excel.

Additional Information:

• Hybrid working model after the first month.
• Great place to work: central and modern office.
• Opportunities to learn: budget every year for training, languages platform, e-learning platform, dedicated development program.
• Career opportunities: Opportunity to build your career (both locally and internationally) in a large global company, one of the world leaders in its field.