Senior Commercial Underwriter

At Coface we make trade happen everyday 

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!

MISSION :

• Ensure that credit insurance contracts including derogatroy terms and conditions will generate a profitable growth at Regional and country level (for the business unit as well for the other policy issuers of the programs led by this BU ; for new business as well for policies to be renewed and whatever the segment of the policy) ;
• 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 where the policies are issued and where the insured parties are based

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 if the requested derogation requires an approval from the region or from group. The commercial UWer will 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, the Senior Commercial Underwriter will 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

• '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 in order to know how best to negotiate between price and risk.
• 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, at the minimum, 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

• 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
• Health care