Senior Risk Underwriter - Insurance

Credit Risk analysis:

- Analyze information on debtors as provided by internal systems in order to set Credit Limits.

- Complete a Maximum Standard Exposure (MSE) report to propose a 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 Claims department.

Customer relationship:

- Inform and explain credit restrictions to policyholders when granting, reducing or cancelling limits, Where required.

- Network with Enhanced Information, 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 the company and external regulators.

Industry:

- Good knowledge of Credit Insurance business

- Knowledge of corporate and contract law fundamentals

- Knowledge of Credit Risk Management

- Awareness of macro-economic/ political climate

- Understanding of companies business (target clientele) and their funding needs

- Ability to gather and analyze information from various external/internal sources:

- Financial statements, sector and country economic reports, other department's data etc.

- Excellent oral and written skills.