Company
Coface Singapore Branch
coface.com
Designation
Intern - Claims
Date Listed
02 Nov 2015
Job Type
Entry Level / Junior Executive
Intern/TS
Job Period
Immediate Start, For At Least 3 Months
Profession
Accounting / Auditing / Taxation
Industry
Finance
Location Name
16 Collyer Quay
#25-00 Raffles At Income
Singapore 049318
Allowance / Remuneration
$600 - 1,000 monthly
Company Profile
The Coface
Group, a worldwide leader in credit insurance, offers companies around the
globe solutions to protect them against the risk of financial default of their
clients, both on the domestic market and for export. In 2014, the Group,
supported by its 4,406 staff, posted a consolidated turnover of €1.441 billion.
Present directly or indirectly in 98 countries, it secures transactions of over
40,000 companies in more than 200 countries. Each quarter, Coface publishes its
assessments of country risk for 160 countries, based on its unique knowledge of
companies’ payment behaviour and on the expertise of its 350 underwriters
located close to clients and their debtors.
In France, Coface manages export public guarantees on behalf of the French
State.
www.coface.com
Coface SA. is listed on Euronext Paris – Compartment A
ISIN: FR0010667147 / Ticker: COFA
Job Description
- To check and ensure that the Notification form submitted is fully completed with all relevant supporting documents before assessing the cover of the claims
- To liaise with broker/Frontier/local assisting partner/direct client for missing documents/forms incorrectly submitted
- To scan all relevant documents into system and database
- Data entry for notification of overdue accounts in NCX and LCS system
- Assigning cases to the respective agent for collection. Update the latest collection status in LCS system. Inform broker/frontier/local assisting partner/direct client on the latest collection status
- Maintaining our databases in the system by promptly updating the recovery, commission and other costs. This also includes checking the recovery, commission and other costs stated in the Quarterly Reinsurance Statement
- Invoicing of the intervention fee (Contribution to recovery fee) to Singapore policyholder and ensuring that fronting partners invoice the same for Malaysia, Indonesia, India & Philippines policyholder as well
- Liaise with accounts department to settle payment of commission to agents, legal fees and monitor collections from the insured/agent
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