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Credit Insurance Analyst
Posted 11 days 3 hours ago by LG Electronics Benelux - Life's Good
We employ roughly 170 employees at our office in Amstelveen, the Netherlands, divided over two entities, being LG Electronics Benelux Sales B.V. and LG Electronics European Shared Service Center B.V.
At LG, we deliver products and services that make life better, easier and happier though increased functionality and fun. Put simply, we offer the latest innovations to make sure "Life's Good" - from home appliances, consumer electronics, to business innovations in digital signage, air solutions and LED lighting. As a global leader, we strive for greatness in product leadership, market leadership and people leadership to realize our growth strategies.
What will you do?
As a Credit Insurance Analyst, you will join the European Treasury Team at LG Electronics European Shared Service Center. The Team consists of 3 parts: Cash management, Treasury Finance & Credit Insurance. Together with your colleagues, you are in charge of treasury operations of 40 subsidiaries in Europe, CIS, Middle East and Africa region.
In Credit Insurance part, we focus on 17 subsidiaries in EU and our main objectives are Maintaining Global Credit insurance policies, Ensuring compliance with internal Risk & Credit Policies and providing training and advise to the local Subsidiaries.
Your main responsibilities will include:
Credit limit Management
- Support subs on overall Credit Limit related issues
- Cooperate with multiple Credit insurance companies
- Managing Internal CL approvals/ system handling
- Monitoring of CL usage / validity
Risk Management
- Preventative control over credit/AR risks including unsecured AR, overdue AR, premium payment and other securities than insurance
- Monitor/Report the AR risk and Collection status
- Manage the insurance claims & indemnification
- Improve the Risk measurement/tools
Credit insurance contracts & policies Management
- Managing multiple Primary & Top-up policies
- Support on policy issuances & renewals
- Ensure the compliance of internal procedures: Insurance, Credit and Collection policies
General supports
- Liaise with internal stakeholders, broker and insurers on various issues
- Ad-hoc tasks
- Provide a training for new AR members in EU subs
What do we offer?
- A career at a global leading company which is continuously developing (never a dull moment!);
- A fulltime - 40 hours per week - job;
- A competitive base salary depending on your education and experience;
- Secondary benefits like an annual performance related bonus, collective healthcare insurance and pension premium contribution;
- Daily fresh fruit at the office;
- And of course the possibility to purchase our beautiful products with discount;
Who are we looking for?
Someone who preferably has the following knowledge and experience:
- A Bachelor or Master degree in Business Administration or Finance;
- One to two years of related working experience;
- Time management & presentation skills;
- MS Office (Excel & Power Point);
- Excellent command of English, verbally and written;
- Positive attitude;
- Strong communication skills;
Are you interested in this position? Please send us your application letter and resume to with following information:
- Available start date & working hours;
- Salary indication;
- Work permit status with the valid date (if applicable)
LG Electronics Benelux - Life's Good
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