Senior Risk Analyst
2 weeks ago
Workplace Type: Hybrid - Remote/Onsite
Posting End Date: 11 June 2024
Newmont is the world's leading gold company and a producer of copper, silver, zinc and lead. The Company's world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution and technical proficiency. Newmont was founded in 1921 and has been publicly traded since 1925.
At Newmont, people create the value in the metals we mine and are ambassadors in the communities where they live and work. As a team, we foster an environment in support of our people vision, where everyone belongs, thrives and is valued. We have built a diverse and inclusive workplace where our people can bring their differences to support delivering results together.
Newmont's Corporate Headquarters are located in Denver, Colorado with roles in Engineering, IT, Finance, Accounting, Human Resources and much more.
Join us and unearth your potential in a global company that is at the forefront of shaping the future of the mining industry.
About this roleThe responsibilities of the Risk Finance team include the global procurement and management of all insurance policies, as well as the management of Newmont Goldcorp Insurance Company Inc (NGICI).
The Senior Risk Analyst is responsible for managing the administrative aspects of the placement of global insurance programs, which includes data gathering, calculation of premium cost allocations, and review of insurance policies for accuracy. Additional responsibilities include working directly with site and regional contacts in order to coordinate the collection of insurance placement information and review for accuracy and reliability.
The Senior Risk Analyst will help in the design and implementation of the Risk Finance Discovery Page. This includes optimizing the site to drive a more efficient and effective way to gather insurance placement information from various functions and sites within the Newmont organization.
The Senior Risk Analyst will also provide support to the Insurance Risk Engineering Program (IREP), including (but not limited to) coordination of on-site inspections, quarterly communication to site/regional leadership on current 3W status and manage the creation and distribution of quarterly 3W reports to all interested internal and external parties.
The position will require performance of a wide variety of risk management principled projects and related duties in order to drive continuous improvement and innovative thought towards the broader risk mitigation efforts within Newmont.
Your role will consist ofProcurement of Insurance Policies/Programs:
- Gather and analyze data for global insurance renewals, engaging with various groups within Newmont
- Collaborate with insurance broker to establish favorable insurance policy terms and conditions
- Review newly issued insurance policies for accuracy and communicate deviations back to insurance broker for implementation
- Understand key insurance terms relative to Newmont's business in order to drive continuous improvement of insurance programs to the benefit of Newmont
- Create documentation for the Insurance Procurement Procedure document
Transaction of Insurance Policies/Programs:
- Ensure timely payment of invoices in collaboration with Newmont Supply Chain and various outside vendors
- Calculate and communicate insurance premium allocations
- Support all captive insurance company (NGICI) financial transactions
Administration of Insurance Policies/Programs:
- Design and manage all content, links and appearance of the Risk Finance Discovery Page
- Review and advise requested deviations to our established Insurance Requirements language within Newmont contract template wording and provide initial comment back to Contract Managers and/or Legal within two working days
- Issue evidence of insurance to various internal groups upon request, including certificates of insurance, auto ID cards, and letters of self-insurance
- Support all captive insurance company (NGICI) interactions with Accounting, and resultant external regulatory audits
Knowledge:
Bachelor's Degree in risk management/analysis, finance, mine engineering or related field
Advanced knowledge of Risk Management principles
Advanced knowledge of Contract Management principles
Subject matter expert knowledge of SAP systems
Experience:
Minimum 5 years of relevant risk management or contract management experience
Mining, construction, utilities or other heavy industry experience is preferred
Skills and Abilities:
Demonstrated strong verbal/written communication skill, including ability to work in a group dynamic
Must have ability to effectively utilize Microsoft Word and Excel applications
Strong PC skills using MS office software
The position is located in the Denver corporate office.
Travel to and assist other domestic and international sites is required.
We understand no candidate will meet every single desired qualification. If your experience looks a little different from what we've identified and you think you can bring value to the role, we'd love to learn more about you
The salary range offered for this role is USD $90, ,730. The salary range is tied to the Colorado market for jobs performed in Colorado. The salary offer to the successful candidate will be based on job-related education, training, and/or experience. The salary offer will not be based on a candidate's salary history at other jobs, and by law, Newmont will not seek information about salary history, and candidates should not share such information with Newmont.
This role will be eligible for participation in a discretionary annual bonus program, pursuant to which an employee may be awarded a percentage of their salary based on the company's performance and their own individual performance.
Newmont offers a competitive and inclusive benefits package to support physical, mental, financial and emotional wellbeing. This role will be eligible for the following benefits: Medical, prescription drug, dental, and vision insurance; flexible spending accounts; health savings accounts; life and accidental death and dismemberment insurance; short and long-term disability; defined benefit pension; 401(k) program with company match; financial planning; employee assistance program (EAP); wellbeing reimbursement program; adoption assistance; tuition reimbursement; paid holidays and paid time off; paid family leave; matching gifts; and discounts on home, auto and pet insurance. All bonuses and benefits are subject to the applicable eligibility and program/plan terms and may be modified or terminated at Newmont's sole discretion.
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