Director, Risk Management

Director, Risk Management

CF Industries

Northbrook, IL 60065

Posted 8 months ago

  • Job Type(s)

    Full Time
  • Industry

    Administrative, Clerical
  • Job Description

    Director, Risk Management

    At CF Industries, our mission is to provide clean energy to feed and fuel the world sustainably. Our employees are focused on safe and reliable operations, environmental stewardship, and disciplined capital and corporate management. By joining CF, you will be part of a team that brings their varied experiences, wide-ranging knowledge and diverse talents together to deliver important work and you'll be able to pursue complex, exciting opportunities that help you continue to grow and achieve your potential in different areas. You'll take pride in working for a company that lives its values and where you can be yourself at work, as part of an authentic team that encourages you to share your views and opinions. Our eight manufacturing complexes in the United States, Canada, and the United Kingdom, an unparalleled storage, transportation and distribution network in North America, and logistics capabilities enabling a global reach underpin our strategy to leverage our unique capabilities to accelerate the world's transition to clean energy.

    Function:
    Finance & Accounting

    Job Summary:

    The Director, Risk Management develops, recommends and administers a risk management program that will effectively protect Company assets at the most economical rates and is keeping with in the objectives established by the Company.

    Job Description:

    Major Responsibilities :
    • Develops, implements, administers and maintains the Company's insurance programs including the negotiation of premiums; deductibles/retentions; and terms and conditions
    • Manages insurance broker and underwriter relationships and serves as primary day-to-day point of contact with service providers
    • Supervises third party claims administrator in handling all Auto and General Liability claims; provides authority to adjusters; directs funding for claims payments for all claims including payments for Workers' Compensation claims
    • Coordinates loss prevention activities at operating facilities
    • Leads the annual Corporate Risk Assessment process to compile senior leadership's risk identification, scoring and mitigation plans
    • Provides risk management and insurance expertise to operations and staff departments throughout the Company
    • Determines contractual insurance requirements and supervises required periodic reporting
    • Reviews allocation and analysis of insurance charges among operating units and departments
    • Prepares data and provides analysis for insurance program submissions, audits and internal studies


    Supervisory Relationships:
    • Position Reports To: VP, Treasury and Investor Relations
    • Subordinate Positions: Risk Analyst, Sr. Risk Analyst


    Incumbent Attributes:
    • BS/BA in a related field (Engineering, Finance or Risk Management preferred)
    • Advanced degree and professional accreditations (Associate in Risk Management - ARM, Chartered Property and Casualty Underwriter - CPCU, etc) desirable
    • At least 10 years of professional experience in complex property/casualty claims and policy administration, or commensurate experience in a related field
    • Must be able to interact effectively with management at both corporate and operating unit levels


    Position Scope/Contribution:

    The Director, Risk Management will be responsible for annual premiums in excess of $40,000,000 a team of 3 risk professionals, and a department budget of $2 million.. The incumbent's management of risk and claims can have a direct impact on the Company operations and costs. This position deals with all levels of management within the Company and serves as the Company's representative and intermediary to the risk management and insurance industry (.e.g. brokers, insurers, legal counsel). The role establishes and implements processes and procedures to meet departmental internal controls requirements while ensuring that established processes/procedures are followed as designed. Works with Internal Audit Department to identify deficiencies in existing processes/procedures, the need for new ones, and the extent to which such processes/procedures are being followed. The Director, Risk Management develops and implements corrective actions with regard to department internal controls as necessary.

    What We Offer:

    You'll enjoy competitive compensation, consisting of base pay plus an incentive program available to all full-time employees, and a comprehensive benefits package including high-quality healthcare options, a well-being incentive program, 401k, life and disability insurance, generous time off (with time off to volunteer) and much more! Additionally, we offer several Flexible Work Arrangements to support a healthy work-life balance.

    You will be part of a team that brings their varied experiences, wide-ranging knowledge and diverse talents together to deliver important work, and you'll be able to pursue complex, exciting opportunities that help you continue to grow and achieve your potential in different areas. You'll take pride in working for a company that lives its values and gain a sense of fulfillment knowing that you're working with purpose, to provide clean energy to feed and fuel the world sustainably.
    • CF Industries is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected Veteran status.
    • Employees in the US can learn more about their rights by viewing the federal 'EEO is the Law' poster (PDF) and others as detailed below:


    Pay Transparency

    https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf

    FMLA:

    https://www.dol.gov/whd/regs/compliance/posters/fmlaen.pdf

    Employee Polygraph Protection Act

    https://www.dol.gov/whd/regs/compliance/posters/eppac.pdf

    • Employees in Canada can learn more about their rights by viewing the 'Canadian Human Rights Act'.


    If you need any assistance seeking a job opportunity at CF Industries, or if you need reasonable accommodation with the application process, please call 847-405-2400 or contact us at [email protected] .

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  • Job Benefit(s)

    Disability Insurance Workers' Compensation