Claims Analyst

At Coface we make trade happen everyday 

Our 5,200 experts representing 80+ nationalities in 58 countries are united by a shared purpose: helping companies navigate through uncertainty by empowering them to make the right decisions and trade smarter in a complex world.

With nearly 80 years of global experience, we offer companies a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring — all driven by a unique data patrimony, cutting-edge technology, innovation and a deep understanding of the global economy.

Joining Coface means being part of a close-knit international organization, where your ideas matter.  We foster a culture of learning, collaboration and inclusion where you are given responsibilities and can see the impact of your actions.

Shape the future of trade with us. Join our Happeners!

MISSION :

The Claims Analyst manages claims activities, including claim files resulting from all products according to individual delegation, taking into consideration the legal environment and existing group rules, as well as individual policy stipulations. The Claims Analyst is responsible to indemnify claims where they have been insured following the correct claims procedure, handle Claims procedure effectively in order to minimize losses and support on-time achievement of indemnification, as well as continuously improve policies, service standards and efficiencies in order to reduce costs whilst achieving all key operational performance objectives within a demanding competitive risk environment

MAIN RESPONSIBILITIES:

Claims Handling:

• Analyse claims relevant documents and evaluate whether or not a claim is covered.
• Communicate and discuss results to external and internal parties, negotiate possible solutions.
• Develop proposals for further procedure when exceeding own delegation (to head of department/GICD).
• Establish and maintain updated reserve of each claim using the dedicated claims tool to ensure the accuracy of the financial information provided.
• Prepare the indemnities on due time, imputing the information in the specific tool, so that the double check can be done and the payment released by analyst with the adequate delegation.
• Provide documents to debt collection area to support them in the amicable collection with the debtor or to file a legal action.
• Monitor and take care to keep the status of the claim up to date.
• Take appropriate action to maximize recoveries at the outset of the notification

Customer service:

• Communicate with clients and brokers preferably by phone, with email used as a backup in order to build relationships and provide clarity of understanding.
• Correspond with policyholders, brokers, lawyers and internal contacts and take ownership of resolving their queries.
• Improve customer satisfaction (availability, professional communication).
• Assist the client /partner explaining and clarifying the reason for the non-covered invoices.
• Initiate claims meetings with policyholder/broker/fronting partner. Organize the activities of the indemnification with the aim to improve the percentage of claims paid on time and therefore to increase client satisfaction.
• Assist the client, broker, lawyers and internal contacts providing advice on issues relating to the management and settlement of claims, acting as a contact person available and professional.
• Interact with the Debt Collection Department in identifying the most appropriate actions to take in the recover activity.

Reporting:

• Compile reports according to group rules.

Processes:

• Organize internal processes and workflows, and identify improvement possibilities
• Participate in internal projects.

Compliance:

• Investigate with the objective of fraud prevention.
• Be aware and adhere to local compliance legislation and group compliance.

• Degree educated in Law / Finance (preferably), in Credit Management or any discipline related to commercial or accountancy.
• Claims Adjuster license (if required by local regulations)
• At least 1 to 2 years work experience in similar position (credit insurance experience is preferable).

The ideal candidate will be:

• Knowledgeable on:
  • Business accounting and financial principles
  • Local insolvency law and regulation
  • Legal and commercial contract law
  • Questioning techniques
  • Presentation techniques
  • Local legal processes and commercial contract law (basic)
  • Documentation requirements for main industry sectors
  • TCI products and local market practices
• Highly detail-oriented, particularly in investigations
• Empathic and confident communicator, able to engage business stakeholders at all levels.
• Fluent in English, with excellent written and verbal communication skills.
• Mature, reliable, and self-driven, able to work independently while contributing effectively to a team.
• Tech savvy and proficient in MS Word and Excel

• Hybrid working model after the first month
• Great place to work: central and modern office 
• Opportunities to learn: budget every year for training, languages platform, e-learning platform, dedicated development program…
• Career opportunities: Opportunity to build your career (both locally and internationally) in a large global company, one of the world leaders in its field