Treasury Manager - Risk Management

Company: Ecolab
Location: Sugar Land
Posted on: January 16, 2020

Job Description:

The Treasury Manager Risk Management will have global responsibility to set insurable risk management objectives and policy. The Treasury Manager Risk Management will also be responsible for corporate risk assessment, insurance program design / placement, claim administration, and the selection of brokers, insurers, claim administrators, actuary and other service providers for Nalco Champion. The Treasury Manager Risk Management will interactions with senior management, division management, functional leadership as well as insurance brokers, insurance carriers, third party administrators and other external vendors regarding Nalco Champion Insurance program.

Whats in it For You:

• 
  
• The opportunity to take on some of the worlds most meaningful challenges, helping customers achieve clean water, safe food, abundant energy and healthy environments
• The ability to make an impact and shape your career with a company that is passionate about growth
• The support of an organization that believes it is vital to include and engage diverse people, perspectives and ideas to achieve our best
• Thrive in a company that values sustainability, drives a safety-focused culture and has been recognized as one of the most ethical companies in the world
• Comprehensive benefits package starting day 1 of employment- medical, dental, vision, matching 401k, company paid pension, stock purchase plan, tuition reimbursement and more!
  
  What You Will Do:
  
  • 
    
  • Identify organizational critical loss exposures on products, services, operations and facilities, and determine appropriate levels of risk retention and transfer
  • Design programs to finance loss costs and provide loss protection through such techniques as deductibles, insurance, captives, etc.
  • Develop budget estimates and process for premiums, losses and expenses
  • Identify appropriate risk transfer products and opportunities to address organizational critical exposures
  • Market and renew corporate insurance coverage to achieve appropriate levels of risk retention and transfer
  • Review commercial contracts and Insurance policies for appropriate risk languages that protect corporate balance sheet from time to time
  • Identify and select insurance brokers and other providers for risk transfer
  • Identify and select claim administrators (if separate from insurers)
  • Structure claim reporting process, including monthly financial reporting
  • Back up cash management team on payment approval and bank account administration/entitlement
    
    Minimum Qualifications:
    
    • 
      
    • Bachelors degree required;
    • 5+ years in global, corporate risk management environment
    • Immigration Sponsorship is not available for this position
      
      Preferred Qualifications:
      
      • 
        
      • Masters degree desirable
      • CPCU, ARM, ALCU designations desirable
      • Excellent understanding of global property and casualty, surety and executive risk coverage terms and insurance policy structure
      • Strong understanding of accounting, financial and actuarial analysis
      • Strong understanding of legal terms relating to indemnification and insurance
      • Experience with captive insurance and alternative risk techniques
      • Strong organizational skills and leadership experience in driving insurable risk management programs.
      • Effective analytical and decision-making skills, and communication skills, including ability to present to senior management and insurance underwriters
      • Effective negotiation skills
      • Experience with global due diligence for acquisitions and divestitures
        
        About Nalco Champion:
        
        Discover how Nalco Champion helps fuel 550 million vehicles globally. Ecolabs Energy Services business, Nalco Champion, provides specialty chemistry programs and related services for upstream, midstream and downstream oil and gas operations looking to maximize production, protect assets and reduce operating costs and environmental impact. Through on-site problem solving and innovative technologies, our team provides solutions that help energy customers overcome complex challenges in the worlds toughest energy frontiers.
        
        Our Commitment to Diversity and Inclusion
        
        At Ecolab, we believe the best teams are diverse and inclusive, and we are on a journey to create a workplace where every associate can grow and achieve their best. We are committed to fair and equal treatment of associates and applicants. We recruit, hire, promote, transfer and provide opportunities for advancement on the basis of individual qualifications and job performance. In all matters affecting employment, compensation, benefits, working conditions, and opportunities for advancement, we will not discriminate against any associate or applicant for employment because of race, religion, color, creed, national origin, citizenship status, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran.
        
        In addition, we are committed to furthering the principles of Equal Employment Opportunity (EEO) through Affirmative Action (AA). Our goal is to fully utilize minority, female, disabled and covered veteran individuals at all levels of the workforce. Ecolab is a place where you can grow your career, own your future and impact what matters.
        
        We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles Fair Chance Initiative for Hiring Ordinance and the San Francisco Fair Chance Ordinance.

Keywords: Ecolab, Sugar Land , Treasury Manager - Risk Management, Accounting, Auditing , Sugar Land, Texas