Claims & Recoveries Specialist (RECRUITER TRAINING SESSIONS)

Posted 5 Days Ago
Be an Early Applicant
Reykjavík, Höfuðborgarsvæðið
In-Office
Mid level
Insurance
The Role
The Claims & Recoveries Specialist will manage the end-to-end claims process, ensuring accurate claim assessments and pursuing recoveries from buyers.
Summary Generated by Built In
Company Description

Coface is a team of 4,500 people of 78 nationalities across nearly 60 countries, all sharing a corporate culture across the world. Together, we work towards one objective: facilitating trade by helping our 50,000 corporate clients develop their businesses.

With 75 years of experience, Coface is a leader in the credit insurance and risk management market. We have also developed a range of other value-added services, including factoring, debt collection, Single Risk insurance, bonding, and information services.

As a close-knit, international organisation at the core of the global economy, Coface offers an enriching work experience on several levels: relational, professional, and cultural.

Every day, our teams are making trade happen. Join us!

Job Description

We are seeking a proactive and detail-driven Claims & Recoveries Specialist to join our Trade Credit Insurance operations team. This role is responsible for managing the end-to-end claims process, ensuring timely and accurate claim assessments, and pursuing recoveries from defaulting buyers.

Key Responsibilities:

  • Review and process claims submitted by policyholders in accordance with policy terms.
  • Investigate claim validity, including analysis of buyer insolvency, payment default, and supporting documentation.
  • Liaise with policyholders, brokers, legal teams, and external recovery agents.
  • Initiate and manage recovery actions, including negotiations, litigation, and insolvency proceedings.
  • Maintain accurate records of claims and recovery activities in internal systems.
  • Provide insights and feedback to underwriting and risk teams based on claims trends.

Qualifications

  • Bachelor’s degree in Law, Finance, Business, or a related field.
  • 2–5 years of experience in claims handling, debt recovery, or credit insurance.
  • Strong understanding of trade credit insurance policies and legal recovery processes.
  • Excellent negotiation and communication skills.
  • Ability to manage multiple cases and deadlines with precision.

Preferred Skills:

  • Experience with international recoveries and cross-border insolvency.
  • Familiarity with legal frameworks in key export markets.

Additional Information

  • Regular remote work possible
  • 50% reimbursement of transportation costs
  • Meal vouchers
  • Telework allowance
  • Affiliation with the Works Council (CE)

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The Company
Bois-Colombes
5,637 Employees

What We Do

With over 75 years of experience and the most extensive international network, Coface is a leader in trade credit insurance & risk management, and a recognized provider of Factoring, Debt Collection, Single Risk insurance, Bonding, and Information Services. Coface’s experts work to the beat of the global economy, helping ~50,000 clients in 100 countries build successful, growing, and dynamic businesses. With Coface’s insight and advice, these companies can make informed decisions. The Group' solutions strengthen their ability to sell by providing them with reliable information on their commercial partners and protecting them against non-payment risks, both domestically and for export. In 2023, Coface employed ~4,970 people and registered a turnover of €1.868 billion.

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