Risk Underwriter, Credit Insurance in Vietnam Ho Chin Minh

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.
• Underwrite credit limits within South-East Asia, involving written analysis and appropriate recommendations in accordance with internal guidelines, internal and external service standards.
• 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) 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.
• To pro-actively identify high or deteriorating risk and participate in/ initiate loss minimization as required.
• Close teamwork with credit analyst colleagues to align risk approach and exposure management on buyers

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 canceling limits, where required.
• Network with Enhanced Information, Debt Collection, CRM and Sales departments to ensure an optimal account management process flow within defined SLAs.
• Maintain good communication, which will include face to face meetings with internal and external clients to effectively manage credit risk, relationships and expectations.

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.
• Regular meetings/discussions with Commercial Department on credit limit related issues (Existing or Prospecting)
• Periodical information sharing of risk policy and rules to Commercial team therefore no misunderstanding when communicating with clients and prospects

Compliance

• Ensure compliance with regulations and procedures as laid down by Coface and external regulators.
• Participate in and take responsibility of ad hoc projects that may include but not limited to risk monitoring, risk reporting and input for presentations as required.