Global Corporate Insurance Risk Manager - StoneX Group

Connecting clients to markets – and talent to opportunity 

With 4,300 employees and over 400,000 retail and institutional clients from more than 80 offices spread across five continents, we’re a Fortune-100, Nasdaq-listed provider, connecting clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors. 

At StoneX, we offer you the opportunity to be part of an institutional-grade financial services network that connects companies, organizations, and investors to the global markets ecosystem. As a team member, you'llbenefit from our unique blend of digital platforms, comprehensive clearing and execution services, personalized high-touch support, and deep industry expertise. Elevate your career with us and make a significant impact in the world of global finance. 

Engage in a deep variety of business-critical activities that keep our company running efficiently. From strategic marketing and financial management to human resources and operational oversight, you’ll have the opportunity to optimize processes and implement game-changing policies. 

Business Segment Overview

Corporate:Engage in a deep variety of business-critical activities that keep our company running efficiently. From strategic marketing and financial management to human resources and operational oversight, you’ll have the opportunity to optimize processes and implement game-changing policies.

Position Purpose: The Global Corporate Insurance Risk Manager, working under minimal supervision and with appreciable latitude for actions and decisions, maintains an effective Corporate Insurance Program which includes the types of insurance coverages that typically would be included in an insurance program for a company with a similar risk profile to StoneX. To that end, the Global Corporate Insurance Risk Manager will assist in the on-going evaluation of the StoneX’s existing Insurance Program, including tracking and analyzing premium and exposure growth, identifying gaps in coverage, analyzing new- insurance products to determine if they would be appropriate and/or desirable, as well as analyzing the risks inherent in new products and services to determine which insurance products which would be responsive.

The Global Corporate Insurance Risk Manager is responsible for procurement of all lines of insurance in the Corporate Insurance program, including but not limited to Cyber, D&O, E&O, Property & Casualty, Physical Commodity policies, General Liability, Auto Liability, Workers Compensation and Employers Liability Insurance policies as well as maintaining, updating and tracking the policies listed on the Company’s “Schedule of Insurance”) to insure they do not lapse.They will participate in claims administration functions in conjunction with Legal, including reporting, investigating and tracking claims made under such policies.

To land this role you will need:

• Experience in the commercial insurance industry for the US domestic and international markets to properly perform risk analysis and assessment.
• Develop and implement StoneX Group and affiliates’ risk management plan and strategy, communicate expectations and obligations through Senior Executives and managers, and monitor and report on performance to improve risk profile.
• Responsible for understanding and analyzing complex insurance issues and developing and executing appropriate policies, procedures and loss prevention strategies to mitigate the StoneX’s exposure to risk and to identify cost reduction opportunities
• Continually review the company risk profile to ensure the insurance programs are fit for purpose, including coverage, endorsements, reinsurance, etc.
• Oversees operations and performance of insurance broker, Third Party Administrators (TPA's) and other vendors; manages deliverables; reviews vendor contracts.
• Coordinates insurance applications, renewal programs and maintenance of expirations
• Provide assistance to business divisions in contract reviews and negotiations of insurance and indemnity provisions to minimize the company’s exposure to risk
• Keep informed regarding insurance industry information, new product information, regulation, and coverages to continuously improve knowledge and performance and make recommendations to leadership.
• Review of third-party vendor insurance coverage for subset of global vendor population.
• Initial review of insurance coverage for potential mergers/acquisitions.

Education/Certification Requirements:

• Bachelor's or Master's in Finance, Accounting, Business, or a related field; or equivalent related professional experience
• 5+ years in managing insurance programs

What makes you stand out:

• Expert knowledge on insurance products and markets
• High-level of integrity, self-confidence, and a growth mindset with agility in responding to new business challenges balanced with compliance focus
• Data driven, change agent and have proven skills to deliver business results
• Self-driven, detail oriented, and possess strong organizational skills, including time-management and prioritization
• Direct experience in the negotiation and administration of multi-line property and casualty insurance renewals
• Ability to earn trust, maintain positive and professional relationships, and contribute to our goals of inclusion

Working Environment:

• Hybrid work model: 3 days a week onsite, 2 days a week remote
• Climate controlled office environment
• Minimal physical requirements
• Dynamic, time-sensitive environment
• Travel up to 25%

#LI-Hybrid #LI-EJ1