Risk Underwriting Manager

3 days ago


North York, Canada Coface North America Insurance Company Full time

**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 over 65 countries, serving around 50,000 companies, Coface experts work to the beat of the global economy. Its our ambition to become the most agile, global business information 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**

We are actively seeking a **Risk Underwriting Manager** within our Canadian Risk Underwriting Team. The Risk Underwriting Manager will be responsible for the proactive and dynamic management of Canada’s portfolio of trade credit insurance exposure and overview of a team or risk underwriters who will be making credit assessments on Canadian companies. The Risk Underwriting Manager will recognize two direct reports and will be expected to implement and lead monthly portfolio monitoring initiatives, participate in direct client communications, drive credit limit decision optimization, and support team professional development, while maintaining and building upon core underwriting quality standards. The manager will also be involved with broader North American risk underwriting initiatives.

**CORE RESPONSIBILITIES**
- Promote and implement quality and productivity standards which align with the Group Risk Underwriting Department.
- Participate in regular client and broker communications surrounding exposure management, portfolio analysis, and credit limit decisions.
- Network with local and international colleagues to ensure process improvement, decision optimization and consistency in the customer experience.
- Actively monitor and identify key buyer risks and policy profitability trends with direct responsibility over the sensitive risk portfolio.
- Complete and/or validate Maximum Standard Exposure (MSE) reports to propose a maximum ceiling to be set on a given buyer or group.
- Proactively engage direct team in ongoing training opportunities, regular coaching/mentoring sessions, as-needed feedback surrounding complex credit limit decisions, opportunities for team building, and periodic performance reviews.
- Manage daily case workflow and ensure sufficient team coverage on a week-to-week basis.
- Establish and implement trade-sector specific risk underwriting strategies and ensure a consistent process for actively monitoring trade sector developments.
- Collaborate with Collections and Claims to ensure a comprehensive post-mortem analysis and knowledge sharing campaign.
- Collaborate with Commercial team to help drive go to market strategy and knowledge sharing on market conditions or risk appetite
- Design, implement, and participate in various ad-hoc reporting and portfolio monitoring initiatives as necessary based on feedback from Compliance, Audit, and Group Risk Underwriting.

**THE CANDIDATE**
- Bachelor’s degree in Finance, Economics, Accounting, or similar discipline. An M.B.A. or CFA is beneficial.
- 3 - 5+ years of experience in the credit insurance or financial services industries with a proven record of increasing underwriting authority/delegation.
- Previous experience managing or leading high-performance teams.
- Excellent communication skills and proven ability to navigate key IT resources.
- Working knowledge of credit insurance products and trends, corporate finance, business


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