Position Description:
A primary function of this position is to market and underwrite a specialized and sophisticated product to a unique market. Specifically, the functions are:
(i) To be a team player and meet with insureds and buyers and take the opportunity to review their operations and evaluate risk factors.
(ii) Assess whether each Insured’s credit and collection systems meet Company’s minimum criteria.
(iii) Other responsibilities include :
•understanding the approved policy forms, terms and conditions;
•preparing an underwriting worksheet to structure a quotation for approval within own authority or authority of Regional Head of Trade Credit
•Ensure all the administrative functions are effectively performed to issue the policy
•Bill the premium and input the data into the relevant administrative system.
The candidate must be able to review the financials of the insured prospects and, more importantly, their buyers, including the following activities:
(i) Assesses financial information, balance sheet, income statement and cash flow statement, the buyer’s ability to pay, the reputation of the owner/management, how long business has been in operation, and trade and credit history.
(ii) The position requires awareness of foreign country conditions and risks