Risk Insurance and Credit Manager

Company: ICL Group
Location: Saint Louis
Posted on: January 26, 2023

Job Description:

Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: As the Risk Insurance and Credit Manager, you will be responsible for providing credit and insurance program oversight to all ICL North American businesses. Position will be responsible for complete credit and collection management, as well as placement and servicing of the ICL North America's commercial insurance programs.I'm interested! What will I get to do in this position? -
Credit:
--- Responsible for overseeing the daily credit team's efforts at establishing credit and working with our trade credit insurer at meeting the business' credit needs for our NA customers. -
--- Perform risk assessments and make determinations regarding the creditworthiness of new and existing customers, in accordance with the credit management policies.
--- Oversee the collections of accounts receivable in a timely manner to maximize cash flow.
--- Evaluate customers purchasing patterns against their credit limits to ensure we are not overextending customer's credit.
--- Administer and follow the global credit policies instituted by our parent company.
--- Work with our credit insurer to ensure bad debts are reported timely and that claims are processed in accordance with our policy's terms and conditions.
--- Evaluate financial statements, review financial reports from external agencies and run compliance checks for new customers and existing customers.
--- Run reports for SOX Compliance requirements, internal audit, securitization program, business teams, etc.
--- Provide backup to the Finance team as needed. -Insurance:
--- Manage both local and global policies that cover ICL's US risks. These policies include, but are not limited to, workers compensation, auto liability, general liability, pollution liability, property insurance, marine cargo, fiduciary liability, employment practice liability, business travel insurance, D&O insurance, crime, cyber, etc. -
--- Procure, prepare, and submit renewal data to HQ and our insurance brokers for policy renewals.
--- Serve as a coverage advisory colleague to key business leaders for potential insurable events.
--- Understand and interpret complex and robust global insurance programs, which may include high deductibles, self-insured retentions, and the use of captives. -
--- Work closely with the Legal team to review and interpret insurance language in contracts/agreements to mitigate risks to ICL. -
--- Set and maintain ICL's standard insurance requirements for vendors.
--- Participate in risk engineering surveys at the various ICL US sites.
--- Other duties and support to the businesses as needed.What skills and experience do I need to be successful in this role? ---- Bachelor's degree in business or a related field required.
--- 5+ years' experience in commercial credit and/or insurance/risk management preferred.
--- The capability of understanding and analyzing financial, business, and market data for credit risk assessments required as well as commercial insurance programs.
--- Ability to interact with both internal and external customers in a professional manner required.
--- Excellent communication, including written and oral presentation skills required.
--- Strong negotiation and problem-solving abilities required.
--- Proficiency in SAP, Word, and Excel required.
--- Ability to work in a face-paced, transactional environment.
ICL Job Level: -16
Salary Range: -$85K - $158K/year
We've Got You Covered
ICL is committed to offering you a comprehensive set of benefits to empower you and your family physically, mentally, emotionally, and financially. The benefits we offer to our diverse and inclusive workforce include:
--- Competitive base pay and performance bonus
--- Medical, dental, vision, and life benefits that start quickly - the first of the month after hire
--- Tax-advantaged health savings and spending accounts (when applicable)
--- Wellness Incentive Program to lower your health insurance cost
--- Generous Leave and FMLA policies
--- Prescription program that provides most generic maintenance medications at no cost (including Insulin products & EpiPens)
--- 401k eligibility from day one of employment with a generous company matching contribution. 100% vested after one year of service
--- Employee Assistance Program
--- Free membership to a program that offers various discounts for travel, entertainment, groceries, and much more
Who is ICL? -ICL is a leading global specialty minerals and chemicals company that creates impactful solutions for humanity's sustainability challenges in global food, agriculture, and industrial markets. ICL leverages its unique bromine, potash and phosphate resources, its passionate team of talented employees and its strong focus on R&D and technological innovation to drive growth across its end markets. Our agricultural products feed the world's growing population, our food additives enable greater access to higher quality food, our potash and phosphate products are essential components for the pharma industry and our bromine-based materials and phosphates contribute to a more energy efficient and environmentally friendly planet. ICL's operations are organized under four segments: Industrial Products (Bromine), Potash, Phosphate Solutions and Growing Solutions. With approximately 12,000 employees worldwide, ICL operates mining and production sites located in Israel, Europe, North and South America and China which are supported by worldwide distribution and supply chains. Due to strong synergies between its business units and their mutual support, ICL benefits from its advantageous size, geographical spread, and operational flexibility. With a culture based upon leadership, innovation, and sustainability, ICL is well positioned to be an Employer of Choice within the communities in which we operate. To learn more about ICL, click here. EEO-USAEqual Opportunity/Affirmative Action Employer Minorities/Women/Veterans/Disabilities

Keywords: ICL Group, St. Louis , Risk Insurance and Credit Manager, Accounting, Auditing , Saint Louis, Missouri