Risk Underwriter at COFACE NORTH AMERICA

Kuala Lumpur, Kuala Lumpur, Malaysia -

Full Time

Start Date

Immediate

Expiry Date

28 May, 26

Salary

0.0

Posted On

27 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Risk Analysis, Risk Underwriting, Financial Analysis, Credit Insurance, Risk Management, Data Analysis, Monitoring, Compliance, Communication, Interpersonal Skills, English, Chinese, Portfolio Monitoring, Limit Setting, Macro-economic Analysis

Industry

Insurance

Description

Company Description 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! Job Description 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. Qualifications 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. Additional Information 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 Department: Underwriting - 004 Contract type (job boards): Permanent contract

Responsibilities

The primary mission involves analyzing the payment capabilities of buyers across various sectors and countries to set and monitor maximum credit limits. The role also requires active participation in profitable commercial development by analyzing new client portfolios and improving contract acceptance rates.