About Coface
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 2012, the Group posted a consolidated turnover of €1.6 billion. 4,400 staff in 66 countries provide a local service worldwide. Each quarter, Coface publishes its assessments of country risk for 158 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.
Coface is a subsidiary of Natixis. corporate, investment management and specialized financial services arm of Groupe BPCE.
www.coface.com- 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 or incompletely 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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Coface Singapore - Designation:
Intern - Claims - Profession:
Accounting / Auditing / Taxation - Industry:
Finance