What are the responsibilities and job description for the Vice President of Insurance and Risk Mitigation position at Gerald Group?
About the Company:
Gerald Metals is one of the oldest and the world’s largest commodity trading companies focused purely on the merchanting of non-ferrous, ferrous, and precious metals, as well as related concentrates and raw materials. For six decades, we have distinguished ourselves as the leading market specialists in the trading of all forms of refined metals and raw materials around the world. We take pride in our well-earned reputation as a dedicated and trusted partner to top-tier miners and processors, industrial consumers, and major financial institutions.
Position Summary:
Gerald Metals is seeking a Vice President of Insurance and Risk Mitigation who is responsible for Insurance and similar products for mitigating risks from our commodities trading, mining and general corporate functions. This role will lead origination efforts for such products and oversee implementation and monitoring throughout transaction lifecycles. Additionally, this role is responsible for developing relationships with brokers, underwriters, and other financial institutions in the field to further support the Group’s capabilities. The Vice President of Insurance and Risk Mitigation works in close coordination with various internal stakeholders from business development, structured finance, trade finance, legal, trading desks, credit and human resources.
Responsibilities:
- Identifies and structure appropriate risk mitigation products for various exposures of the Group
- Leads all insurance-related aspects of the deal implementation process (i.e. policy and premium management), conforming policies to contracts, preparation of insurance proposals, amendment to Policies, and all other steps required to ensure compliance.
- Coordinates closely with other departments to ensure all requirements and policies of the Group are met in the most appropriate and cost-effective manner.
- Develops and manages relationships with external institutions, including attending industry events, meetings, and presentation preparation as required.
- Special projects and additional responsibilities as required by senior management.
Requirements:
- Bachelor’s Degree in Business, Finance, or related field
- Master’s Degree preferred
- 7-10 years of insurance experience
- Ability to travel 30% to London, Geneva, or Dubai, as determined by the CFO
- Experience in commodities preferred
- Proficient in Microsoft Office Suite
- Highly organized with strong attention to detail
- Ability to work on-site 5 days a week
Employee Programs & Benefits:
- Comprehensive medical, dental, vision, and life insurance benefits
- Commuter benefits
- Flexible Spending Accounts
- Health Saving Account
- 401(k) plan with company match
- Short- and long-term disability
- Tuition reimbursement
- Paid time off for vacation, personal, and sick time
We are an equal-opportunity employer. Our teams consist of professionals with diverse backgrounds and skill sets, all of which contribute to the efficacy and profitability of our operations. We take pride in our contributions in aiding developing economies, reducing carbon emissions, and in building towards a more progressive and equitable future.
