Credit and Political Risk Insurance Broker

September 20 Paris


Responsibilities

You will be handling a variety of existing international key accounts ranging from large corporate businesses and banks to commodity traders; You will provide deep expertise in advising clients on risk mitigation strategies globally and/or on specific transactions and helping them determine suitable policy structures; You will prepare robust market documentation including request for terms as well as in-depth market reports; You will place transactions with insurance underwriters globally and monitor existing transactions, helping clients to comply with documentation requirements and terms; You will work in close cooperation with our Geneva and London desks

Qualifications

6 to 15-year experience as a credit insurance and political risk practitioner or a commodity trade finance banker; Sound financial analysis and structuring skills with the ability to build clear demonstrations and business cases; Excellent verbal and written communication in English which is the firm’s working language; Proven track record of "deal doing" and supporting deal doing in the trade credit and political risk insurance space; Customer focus and service mentality; Self-starter with an entrepreneurial spirit, able to use own initiative and to manage transactions and projects from start to finish; Outstanding interpersonal skills with the ability to build strong relationships both externally and internally

Offer

Headquartered in Paris, with offices in Geneva and London, Cofarco is an entrepreneurial financial intermediation firm that provides credit insurance brokerage and financial arrangement services. Our DNA is based on our dual capacity to cover risk and raise finance which sets us apart from most of our peers. With an original background in commodities, we have progressively broadened our reach to sectors where our technical expertise enables us to make a difference. Since the outset, we have worked with more than 150 clients in 32 countries among which global merchants, large industrial groups and leading investment banks intermediating with 80 insurers and lenders. Started from scratch 13 years ago, we have generated more than 30mEUR in revenue over the period and now produce circa 20-25mEUR in insurance premium on an annual basis. Our admission as a registered broker on the Lloyd's market in 2019 has changed our business profile making us a credible option for a wide range of institutional clients. With this newly acquired status we are now opening a new chapter in the Company’s history thriving on our technical expertise and global reach to compete within the top league. At this exciting time for the firm, we are looking for talented professionals to join us on this journey.

Additional information

We are a bunch of dynamic and enthusiastic professionals working as a close-knit and ambitious team. We have set-up a customer-centric organisation with horizontal and responsive decision making and where initiative and innovation are at the core. By the nature of our activities, interactions with clients, insurers and financiers are often at senior executive level. Placing agility at the top of our priorities, we are open to discussing flexible working situations.

Relocation assistance

Employment Type
Standard job

Commitment
Full-time permanent

Email to apply

[email protected]


About COFARCO

COFARCO is an independent intermediary firm providing bespoke finance and risk solutions to the commodities markets.

We arrange debt transactions and credit cover for corporate and trade clients intermediating with a network of specialised lenders and insurance underwriters.

We also act as a supporting resource for banks and commodity futures brokers, syndicating loans and mitigating counterparty risks.


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