Insurance Officer The World Bank

Employer Active

Posted 10 hrs ago

Experience

8 - 10 Years

Job Location

Jordan - Jordan

Education

Any Graduation

Nationality

Any Nationality

Gender

Not Mentioned

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

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- -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 add guidance on operational risk for upstream projects incubated by IFC.

Desired Candidate Profile

Master degree (finance, accounting, business, engineering) with international Insurance qualifications.

Minimum of 8-10 years of working experience with a preference to those with 10 years in sophisticated construction and operational phase insurance within insurance industry.

Significant experience of managing and supporting projects and related insurance needs in multiple geographical regions.

Strong Familiarity with Industries and Sectors including Infrastructure, Energy, Financial Institutions, Manufacturing, Health and Education, among others.

Demonstrated ability of leading cross-foundational teams to provide insurance guidance

Applied knowledge of innovative risk transfer solutions.

Demonstrated experience working and leading lenders insurance advisors workstream.

Proven 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 environment.

Excellent negotiation skills and ability to seek innovative and constructive solutions to support IFC in achieving its financial and development goals.

Self-starter with proven ability to work independently while being results-oriented, producing consistently high-quality results under tight deadlines. Highest standards of integrity. Strong independence of thought and ability to express candid opinions

Recognized as a team player and a leader. Excellent interpersonal skills. Ability to build strong relationships across boundaries.

Proven ability to work effectively under a complex matrix organization and multicultural environment.

Excellent oral and written English skills: fluency in second language, preferably French, Arabic.

Company Industry

Department / Functional Area

Keywords

  • Insurance Officer

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The World Bank

Working at the World Bank Group (WBG) provides a unique opportunity to help countries solve their greatest development challenges. As one of the largest sources of funding and knowledge for developing countries, the WBG is a unique partnership of five global institutions dedicated to ending poverty, increasing shared prosperity, and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, the WBG works with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges.

The International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries.

Read More

https://worldbankgroup.csod.com/ux/ats/careersite/1/home/requisition/34490?c=worldbankgroup&sq=req34490