The World Bank Group is a multilateral organization headquartered in Washington, D.C., whose members include most of the world’s countries. Five institutions make up the World Bank Group to collectively serve as a vital source of financial and technical assistance to developing countries.
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Establish, evaluate and monitor the insurance coverage of IFC’s investments. Prior to an investment being made, this will require careful identification and assessment of project risks and appropriate insurance solutions.
Provide guidance to internal and external clients vis-à-vis risk assessment and insurance management value add service.
Draft sustainable risk transfer proposal and insurance provisions in legal investment documentation.
Negotiate insurance coverage with sponsors.
Provide assistance to clients to achieve positive and sustainable development whilst developing local insurance markets in emerging countries.
Provide leadership and guidance on non-recourse project financing involving multitude of Lenders without in-house capacity.
Provide guidance to clients in handling insurance claims where needed.
Provide value-added guidance on operational risk for upstream projects incubated by IFC
Selection Criteria
Master's university degree (finance, accounting, business, engineering) with international Insurance qualifications.
Minimum 5 years of working experience with a preference to those with experience in sophisticated construction and operational phase insurance within the insurance industry.
Sound familiarity with Sub-Saharan Africa insurance and reinsurance market, including CIMA country operations.
Strong Familiarity with Industries and Sectors, including Infrastructure, Energy, Financial Institutions, Manufacturing, Health and Education, among others.
Demonstrated ability to work with cross-functional teams to provide insurance guidance
Applied knowledge of innovative risk transfer solutions.
Demonstrated experience working and leading lenders’ insurance advisors workstream.
Ability to effectively multi-task and training internal and external clients.
Ability to work collaboratively across the organization with superior influencing and interpersonal skills, demonstrating the capacity to deliver results under stressful timetables and environments.
Self-starter with proven ability to work independently while being results-oriented, producing consistently high-quality results under tight deadlines.
Proven ability to work effectively under a complex matrix organization and multicultural environment.
Excellent presentation skills.
Excellent oral and written English skills: fluency in a second language, preferably French.
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