Account Manager BrokerConnect - Cockeysville, United States - Coface

    Coface
    Coface Cockeysville, United States

    1 month ago

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    Description
    Account Manager, BrokerConnect

    Location:
    Hunt Valley, MD (Flexplace - 2 days onsite, 3 days remote)


    WHO WE ARE


    A modern and agile company with the most finely meshed international network, Coface is a reference in credit insurance and risk management.

    With over 70 years of experience as an industry leader, and a team of 4,100 experts in over 65 countries, serving around 50,000 companies, Coface experts work to the beat of the global economy.

    Its ambition is to become the most agile, global trade credit insurance partner in the industry. We believe in business as a force for good in the world.
    "Coface Broker Team" was created to deliver a level of service that allows specialized brokers the ability to fulfill their obligations towards our mutual clients. The broker team will communicate in a timely, accurate and clear way, providing a point of contact for any questions to be answered immediately.

    The Account Manager is responsible for the retention and development of ongoing relationships between Coface and its key clients, as well as their intermediaries in order to maximize revenue and retention of profitable clients in the portfolio.

    The Account Manager will also play a key role in enhancing the customer experience of Coface products by servicing and cross-selling services and products to existing clients.

    The Account Manager should have a clear understanding of the current economic climate and how it affects the market.

    Key Tasks and Responsibilities:
    Customer Relationship Management
    Build strong customer relationships through regular and proactive communication through various media and collaborative tools
    Respond swiftly and appropriately to questions and concerns from clients and their intermediaries
    Utilize a consultative approach in determining the most effective coverage for a particular client need in administering pricing tools in preparation for bids and price quotes with commercial and risk underwriters who will structure and decide commercial terms
    Introduce and promote new Coface offerings through consistent client interaction and onsite visits
    Deliver critical data to the client; translating critical information into client needs
    Portfolio Management
    Act as the central point of contact for the client and/or its intermediaries
    Prepare and present sales proposals / renewal offers to deliver renewal revenue and achieve maximum sales profitability
    Increase profitability of existing product lines and maximize opportunities for all Coface offerings
    Monitor and report on performance
    Demonstrate all Coface offerings to existing clients to determine those solutions best suited for their needs
    Market Knowledge
    Establish and ensure credibility with clients by clearly articulating detailed current market conditions, and aligning the Coface value proposition vs our competitors
    Collaborate with the Coface marketing and underwriting teams to leverage our resources for campaigns and events
    Communication
    Supply management with verbal and written reports on customer needs, problems, interests, competitive activities, and potential for new products and services
    Establish and maintain communication links with other internal departments to identify all sales opportunities
    Develop, maintain and lever strong relationships with intermediaries in order to increase the client retention
    Risk Management and Compliance
    Take joint ownership of the loss ratio on the portfolio with the risk department and deliver a profitable result to the business
    Adhere to compliance standards set by Coface and external regulators
    Qualifications

    The ideal candidate must possess the following:
    Degree in Finance, Business Administration, Economics, Banking or equivalent preferred
    3-5 years of experience in a credit insurance, banking, claims, or factoring organization would be beneficial
    Previous experience in a multi-cultural environment will be a plus
    In depth familiarity and knowledge of various contract structures in order to know how best to negotiate between price and risk
    Risk Management and Project Management a plus

    Job Skills:
    Strong written and verbal communication skills and professionalism

    Industry knowledge:
    to be knowledgeable regarding credit insurance, general credit practices, adequate understanding of relevant legal topics, business law, insolvency procedures, and general business documentation requirements

    Results driven:
    to keep track of targets and generate results regardless of obstacles within deadlines and according to expected standards
    Prompt delivery of data and information: to communicate ideas and information completely and accurately in writing. To ensure that messages are understood reliably by others

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