Assistant Vice President, Trade Credit
2 weeks ago
**Assistant Vice President, Trade Credit**
**What’s in it for you?**
The Marsh Trade Credit team is a collaborative team of experienced brokers that leverages Marsh’s broad geographic network to provide local and multinational clients with trade credit solutions that are tailored to the client’s requirements.
In this role you will gain exposure to key stakeholders and have the ability to make strong business connections. This is an opportunity for long term growth within a dynamic business unit where you will be able to make an immediate impact to support our books of business and growth of the organization.
There will be attractive benefits coverage, outstanding learning programs, mentoring opportunities and interaction with counterparts in industry groups and client organizations
**What can you expect?**
Reporting to the Trade Credit Practice Leader: Singapore you will be responsible for the growth, performance, acquisition, placement, daily service and renewal of a portfolio of trade credit clients comprising banks / financial institution, multinationals and large corporations.
**We will count on you to**:
- Work with the Trade Credit Practice Leader, Singapore to deliver the budget for Marsh Singapore and the Trade Credit Asia Practice
- Responsible for Account Management of both local and global clients covering full spectrum of client services (renewal and non-renewal) in operational and strategic planning and support.
- Ensure operational excellence, budget management and planning, reporting and compliance.
- Maintain an understanding of the Client’s business and challenges, credit insurance programs and service plans. Identify the client’s trade credit needs and objectives. Submit coverage specifications and obtain quotes from Insurers, analyze quotes and provide analysis and recommendations. Ensure that coverage is bound and be responsible for the accuracy of bound programs.
- Develop strong working relations with credit risks Insurers and or underwriters and clients including executive level in identifying risks and opportunities, provide recommendations and decision support for business strategy and performance.
- Work closely with other Marsh offices for new opportunities, client referrals and share best practices.
- Liaise with the various divisions within Marsh to provide Client service solutions
- Participate in new business initiatives and manage new business opportunities and status updates.
- Strive to deliver best practice, market leading service and solutions
**What you need to have?**
- Relevant tertiary education
- A minimum of 5 years experience in either Trade Credit Insurance, Trade Receivables, Factoring or Credit Analysis role
- Preferably (but not necessary) previous experience in a client-facing role,
- Ability to understand the client’s business, industry sector, key risks associated with their industry, credit insurance programs & service plans and develop a rapport with decision makers.
- Knowledge and understanding of relevant insurers, third party service providers and their products and services, and an awareness of competitors. Understanding of competitor capabilities, strengths and weaknesses.
- Loves a challenge, and possess a curious nature. Is a team player possess good communication skills.
- Ability to multi-task and manage multiple work streams.
- Will need to obtain and maintain the Singapore broking license
- Competent in Microsoft Office and other relevant business software.
Marsh and McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, and gender identity.
**About Marsh
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