Insurance & Treasury Specialist

The World Economic Forum

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.

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 administer 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.

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.

• 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.

• 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.

• 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

• 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…