Analyst - Insurance and Treasury

Who We Are

Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. Our focus on delivering value is based on our four core values of Putting People First, Outstanding Corporate Citizenship, High Performance Culture, and Rigorous Financial Discipline. Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (symbol:KGC).

Mining responsibly is a priority for Kinross, and we foster a culture that makes responsible mining and operational success inseparable. In 2021, Kinross committed to a greenhouse gas reduction action plan as part of its Climate Change strategy, reached approximately 1 million beneficiaries through its community programs, and recycled 80% of the water used at our sites. We also achieved record high levels of local employment, with 99% of total workforce from within host countries, and advanced inclusion and diversity targets, including instituting a Global Inclusion and Diversity Leadership Council.
Eager to know more about us? Visit Home - Kinross Gold Corporation

Purpose of Role

To assist with the Kinross global insurance program and loss prevention activities while ensuring continuous improvement in areas relating to insurance and risk management.

To also perform treasury activities related to financial assurance, banking and cash management, and supporting various aspects of the sales and inventory process.

To provide recommendations for improvements of business processes.

Job Responsibilities

Insurance and Risk Management

• Assist with insurance and risk management program, including annual insurance renewal process for all lines of insurance.
• Provide support for all claims and provide assistance as needed to Legal for the handling of such claims.
• Assist in managing broker relationships ensuring broker and consultant agreements are in place and current.
• Create and track insurance program enhancement projects.
• Identify and research alternative approaches to building insurance towers for various policies.
• Participate in project construction insurance as needed.
• Ensure that the insurance notification and claim processes are working efficiently and effectively so that the likelihood of insurable events being covered by insurance is maximized.
• Liaise with lenders and partners to ensure compliance with contractual provisions.
• Stay abreast of developing risk and insurance trends and facilitate risk discussions internally and with insurance advisors. Challenge status quo.
• Assist with developing and maintaining internal relationships and educate mine and corporate management on risk and insurance matters.
• Work with risk consultants and mine management to arrange surveys to mine sites to conduct risk surveys and review the risk reports.
• Maintain the quarterly risk recommendations with the mine sites and record progress.
• Assist with the internal ranking system by prioritizing risk mitigation recommendations outlined in the risk reports.
• Identify options around enhancing the current premium allocation system that takes into account mine site risk ratings and loss prevention performance.
• Work with mine sites to track impairments.

Treasury

• Assist with maintaining worksheets used for tracking metal shipments, inventory monitoring, and processes related to intercompany and third-party metal sales.
• Assist with processing various wire and metal transfers (external and intercompany), including updating and maintaining wire transfer templates.
• Assist with letter of credit and surety bond requirements to ensure timely renewal and/or issuance. This includes timely and accurate payment of related fees.
• Contribute to the preparation of the quarterly treasury report and other quarterly deliverables, including automating certain treasury dashboards and reports.
• Assist with maintaining the Treasury Management System, KYC requests and audit requests.
• Other duties as required.

Minimum Qualifications and Requirements

• Undergraduate degree in business or related discipline, or other professional related qualification(s) (CPA, CFA, enrollment in the CRM or CIP Programs).
• At least 2 - 5 years of related work experience.
• Preferably worked within a Treasury, Finance, or Insurance function.
• Proficiency with MS Excel, MS Word and MS PowerPoint.
• Ability to prioritize to meet deadlines during peak periods.
• Ability to interact effectively, including strong verbal and written communication skills.

Additional Skills

• Excellent attention to detail, strong analytical and organizational skills and ability to learn quickly.
• Ability to work with others in team environment.
• Flexibility to undertake a variety of assignments.
• Strong analytical skills.
• Ability to learn quickly.
• Ability to travel periodically.