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Assistant Treasurer - Global Risk Management

Description: 

Position Title: 

Assistant Treasurer

 

Pay Rate:

$167,000 - $223,400

 

Category/Shift:

Salaried Full-Time

 

Physical Location:

6400 Poplar Avenue

Memphis, TN

 

This position is primarily responsible for strategically managing the Company’s global property and casualty risks.  Treatment options include risk avoidance, reduction, transfer, assumption, and insurance purchase.  Insurance purchases must provide cost-effective protection to the Company, legal and regulatory compliance throughout the world, and related services that facilitate doing business with customers, suppliers, and other partners. Another key responsibility is property/asset loss prevention, which includes a heavy reliance on internal and external loss prevention engineering resources to prevent losses before they occur, and to reduce impacts if they do occur; this requires coordination and alignment with various internal groups, including Technology, EHS, and operations.   This position is also responsible for the oversight and administration of insurable claims, including contracting with appropriate firms to best serve the needs of the Company; a key aspect here is providing cost-efficient, best-in-class services and support for approximately 1,000 U.S. workers’ compensation claims annually.  Key customers include both the corporation and its stakeholders, as well as the business groups and their individual facilities. This position must consider risk management programs that leverage the company’s financial strength, balance short- and long-term needs and priorities, and also take into account impacts on business groups and facilities.

 

The Job You Will Perform:

  • Arrange cost-effective insurance programs and services that reliably protect the Company’s people and assets and facilitate the Company’s ability to conduct business, by applying knowledge, experience, analytical skills, and relationships in the global insurance and risk management markets. 
  • Ensure a value-added property/asset loss prevention program that drives risk reduction for IP facilities, by sharing meaningful data about exposures to influence capital project and employee training decisions, and by communicating and coordinating on priorities and initiatives with groups including EHS and Technology. 
  • Direct, motivate, and ensure strong performance from a diverse group of employees that manage insurance, accounting, engineering, claims, and other functions, by providing vision, motivation, and direction, along with appropriate development, training, processes, and controls. 
  • Provide excellent support and services to IP operations globally, by ensuring that we partner with and effectively manage the best insurance brokers, insurers, claims administrators, and other service providers. In particular, for workers’ compensation claims we must balance ensuring a positive experience and outcome for injured employees with pursuing innovative ways to mitigate increasing medical costs and litigation that pressure this $35 million annual spend. 
  • Consistently reduce IP’s total cost of risk over time, by strategically looking for opportunities to collaborate with other groups internally and pursuing creative solutions that drive long-term value. 
  • Deliver value and manage risks associated with mergers, acquisitions, divestitures and other corporate transactions, by applying subject matter expertise related to transaction liabilities during the due diligence process. 

 

The Skills You Will Bring:

  • Bachelor’s degree, preferably in a Finance discipline 
  • Minimum of ten years’ experience in a corporate property/casualty risk management function, preferably with supervisory/management responsibilities 
  • Professional designation such as ARM, CPCU, or RIMS-CRMP 
  • Demonstrated proficiency and comfort level presenting and discussing technical issues at all levels, including executive leadership 
  • Prefer at least three years’ experience in forest products industry, with technical understanding of exposures such as BLRB’s, combustible dust, natural hazard evaluation, and rolled-paper storage 

 

The Benefits You Will Enjoy:

International Paper offers a benefits package that includes health, welfare and retirement plans including Medical, Dental, Life insurance, Flexible Spending Accounts, Short-term and Long-term Disability, 401(k), Company-funded retirement contributions, Paid Time Off, Education & Development (including Tuition Reimbursement), Student Loan Repayment Assistance, and Voluntary Benefits including insurance for home, auto, vision and pets. 

 

The Impact You Will Make:

We continue to build a better future for people, the planet, and our company! IP has been a good steward of sustainable practices across communities around the world for more than 120 years. Join our team and you’ll see why our team members say they’re Proud to be IP.

 

The Culture You Will Experience:

International Paper promotes employee well-being by providing safe, caring and inclusive workplaces. We have team members all around the world with diverse backgrounds, experiences, and perspectives. These are our strengths. We are committed to creating a culture where all individuals are respected, valued, engaged and have an opportunity to do their best work every day. We invite you to bring your uniqueness, creativity, talents, experiences, and safety mindset to be a part of our increasingly inclusive and diverse culture.

 

The Company You Will Join:

International Paper (NYSE: IP) is a leading global supplier of renewable fiber-based products. We produce corrugated packaging products that protect and promote goods, and enable worldwide commerce, and pulp for diapers, tissue and other personal care products that promote health and wellness. Headquartered in Memphis, Tenn., we employ approximately 38,000 colleagues globally. We serve customers worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe. Net sales for 2022 were $21.2 billion. Additional information can be found by visiting InternationalPaper.com.

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Location: 

MEMPHIS, TN, US, 38197

Category:  Finance
Date:  Jul 10, 2024

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