Insurance & Treasury Specialist

The World Economic Forum, committed to improving the state of the world, is the international organization for public-private cooperation.

The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas.

Why we are recruiting

As the Insurance & Treasury Specialist, you will be part of the Finance function where you will support all aspects of the insurance programme and Treasury across the Forum globally. You will act as the internal bridge between internal stakeholders such as Legal, Finance, Procurement, Events, Security, Operations, People & Culture, Technology and other internal teams, our external brokers and banks and contribute to ensuring that insurance risks and treasury are optimally managed at a competitive cost. You will adminster renewals, claims, procurement, bank operations and ensure strong governance, process, and stakeholder relationships.

Your goal: ensure that all insurance risks are covered, cash management operations are handled diligently, processes run smoothly, premiums are paid timely, claims are handled efficiently, and internal stakeholders' needs are addressed professionally.

Reporting Lines and Interactions

The Insurance & Treasury Specialist role will be part of the Finance department and will report to the Head of Treasury, Insurance and Financial Technology. The position will interact with various stakeholders across the Forum, such as Legal, Finance, Procurement, Events, Security, Operations, People & Culture, Technology and other internal teams. Building and maintaining robust working relationships with external and internal stakeholders will be part of the role's responsibilities.  

Main responsibilities

Global insurance operations

• Support the Forum's Global insurance strategy, ensuring alignment with the Forum's risk appetite and objectives.

• Periodically review insurance limits, deductibles, coverage gaps, and market conditions.

• With support from our brokers, benchmark premiums, policies, and providers to ensure cost effectiveness and adequate coverage.

Treasury & cash management

• Monitor daily bank balances and ensure sufficient liquidity for operational needs.

• Support cash flow forecasting by collecting and analyzing financial data.

• Assist with bank reconciliations, payment processing, and intercompany cash transfers.

• Maintain accurate treasury records and support internal control requirements.

• Assist in managing short-term investments and monitoring interest income.

• Support foreign exchange monitoring and help assess currency exposure risks.

• Support banking administration by coordinating KYC updates, maintaining account documentation, and ensuring compliance with regulatory and internal requirements.

Stakeholder Engagement & Coordination

• Partner with the various internal teams to understand their risk exposures, insurance needs, and claims experience.

• Engage with such departments as Legal, Finance, Procurement, Events, Security, Operations, People & Culture, Technology and other internal teams to ensure compliance with contract terms, regulatory obligations, and accounting treatment of insurance and banking costs.

• Train internal stakeholders on insurance protocols, how to request coverage, or initiate claims.

• Collaborate with finance, accounting, and FPP to coordinate cash requirements.

• Coordinate with our external brokers and banking partners (Swiss and US):

  • Provide clear instructions and requirements

  • Drive competitive proposals and negotiation

  • Monitor their performance and report back to leadership

  • Manage the various banking and broker portals

Policy Renewal, Procurement & Contracting

• Support the annual policy renewal process: preparation of submission materials, data collection, risk presentations, broker coordination, insurer negotiations, and issuance of new policies.

• Manage procurement with support from the brokers when bringing in new insurers or replacing existing ones.

• Review and comment on insurance policy wordings, endorsements, exclusions, and legal terms in close collaboration with Legal for final approval.

• Ensure timely placement of policies and issue certificates to internal stakeholders as requested

• Maintain a repository (or portal) of insured assets, policy details, certificate templates, claims and FAQs.

Innovation and Continuous Improvement

• Promote process excellence, continuous improvement and a robust control culture

• Encourage the use of financial technologies and innovative solutions, where appropriate, to enhance efficiency and effectiveness

• Establish and maintain policies, procedures, controls, and workflows for the insurance function.

• Identify opportunities to streamline processes, enhance communication, and strengthen risk awareness across the organization.

Team Contribution:

• Contribute and collaborate with other members of the Finance team to enhance positive team culture and behaviours, including respect, trust, integrity, diversity, openness and constructive conversations

• Contribute and enhance customer focused, service provider, change and continuous improvement mindset and behaviours

The successful candidate will be assessed on

• Smooth renewal of all global insurance programs without coverage gaps or premium overrun surprises

• Insurance claims handled proactively, with transparent reporting and stakeholder communication

• Cash balances are consistently accurate, reconciled, and readily available for decision-making

• Payments and transfers are executed on time with no compliance breaches

• Risks related to liquidity, interest rates, or foreign exchange are identified early and escalated appropriately

• Prudent risk management

• Process gaps identified and mitigated, procedures and reporting in place

• Strong partnerships established with brokers, banks, legal, finance, and internal teams resulting in high overall stakeholder satisfaction

• Adequate documentation, coordination and communication

Requirements and Experience

• Bachelor or master degree in risk management, Insurance, Finance, Business, or a related field.

• Minimum 5 years of experience in corporate insurance / risk management / treasury environment, ideally in a global context.

• Experience working with brokers, insurers and banks.

• Demonstrated skills in communication, contract review, and legal insurance wording.

• Ability to manage multiple priorities and stakeholders in a dynamic environment

• Strong controls mindset and attention to detail, along with being proactive, practical, pragmatic, flexible, hands-on, customer-focused, solution-based, and results-oriented

• Demonstrated track record in promoting process excellence, and implementing continuous improvement practices

• Excellent communication, collaboration, and interpersonal skills, coupled with active listening abilities and a high degree of emotional intelligence, enabling effective stakeholder engagement

• Proficient presentation skills, capable of articulating complex issues clearly and concisely

• Fluent in English and excellent oral/written communication skills

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Why work at the Forum:

The Forum believes that progress happens by bringing together people from all walks of life who have the drive and the influence to improve the state of the world by building awareness and cooperation, shaping mindsets and agendas, and driving collective action. Join us and become a driver for positive change