Coface Singapore – Intern – Claims

Company
Coface Singapore
coface.com
Designation
Intern - Claims
Date Listed
05 Sep 2014
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
Raffles Place / Cityhall
Allowance / Remuneration
$800 - 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 2013, the Group recorded consolidated revenues of €1.440 billion. Its 4,440 staff in 66 countries provides a local service worldwide. Each quarter, Coface publishes its assessments of country risk for 160 countries, based on its unique knowledge of companies’ payment behavior and on the expertise of its 350 risk underwriters closely located 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 banking arm of the BPCE Group.

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 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

This position is already closed and no longer available.  You may like to view the other latest internships here.

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