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Coface North America

Risk Underwriter

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What they do

An Insurance Underwriter evaluates and measures risk and advises businesses in insurance, banking and securities. Recommends customers to be approved for insurance coverage, and develops policies and premium levels. Reviews loan applications, evaluates credit-worthiness of loan applicants and analyzes the investment risk of a loan for the bank. Evaluates risk in different types of securities and advises clients on investments that will yield highest profits.

$87,796 / year median in New Jersey

-9% projected decline

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Job Description

WHO WE ARE A
modern and agile company with the most finely meshed international network, Coface is a reference in credit insurance and risk management. With over 70 years of experience as an industry leader, and a team of 4,100 experts in 100 countries, serving around 50,000 companies, Coface experts work to the beat of the global economy. Its ambition is to become the most agile, global trade credit insurance partner in the industry. We believe in business as a force for good in the world. We support our clients everywhere they operate, protecting and helping them take the credit decisions necessary to strengthen their ability to sell on their domestic and export markets. Sharing a passion for trade, we want to collaborate with our clients to build successful, growing and more dynamic businesses. And by helping build stronger businesses, we contribute to the smooth-running of the economy. This is our purpose. THE JOB As a member of the US Risk Underwriting team you will be expected to perform the following: Realize counterpart's financial analysis based on information provided by our infoline and on your sectorial and macroeconomic knowledge. Approve credit limits with your individual delegation taking into account policies characteristics. Closely and proactively monitor the portfolio in order to mitigate losses. Inform and explain credit decisions to policyholders. Support the Commercial Team to retain existing business and develop new client relationship. Liaison/coordination with Coface entities in other countries. Perform industry reviews. The individual in this position is expected to develop relationships with credit managers and Brokers and to liaise with Commercial, Information, Organization and Claims employees as needed to achieve regional and group objectives. You may represent the company in different occasions: visit clients, prospects, brokers, participate to industry events, conferences.
THE CANDIDATE
You have strong relationship and communication skills in addition to a good team spirit. To be considered you must possess the following: Bachelor's degree in Business Administration or any other discipline with financial, economical, insurance focus. Four-year College degree in Finance and MBA is preferred. Minimum 3 years in a financial analysis role. Working knowledge of credit insurance industry is a plus. Ability to gather and analyze information from various external/internal sources: financial statements, sector and country economic reports, other departments' data, etc.