The World Food Programme (WFP) is excited to announce an opening for a Programme Policy Officer specializing in Climate Risk Insurance for 2025. In this pivotal role, you will contribute to the development and implementation of innovative policies and programs that enhance food security and resilience in the face of climate-related risks.
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Your expertise will help shape strategies that leverage climate risk insurance mechanisms to protect vulnerable communities and ensure sustainable livelihoods. If you are passionate about climate action, food security, and making a tangible impact on the lives of those affected by climate change, we encourage you to apply and join our mission to create a world with zero hunger.
KEY ACCOUNTABILITIES (not all-inclusive, within delegated authority):
Within the framework of WFP’s Resilience Innovation and under the overall guidance of the Head of Programme, and direct supervision of the Head of Resilience Innovation, the incumbent will provide technical advice and support in designing and implementing of the climate risk insurance and disaster risk financing strategies under Strategic Outcome 3 (SO-3) of the Bangladesh Country Strategic Plan 2021-2026. More specifically, the incumbent will:
- Provide technical support and guidance to conduct country context analysis, need assessment, market assessment, weather, and hydrological data analysis. Organize national-level consultation and dialogue with relevant government ministries and departments on climate risk insurance to get the due support for CRI designing and implementation.
- Identify potential stakeholders and establish collaboration with government institutions such as the Financial Institution Division, Ministry of Finance, Ministry of Agriculture, Ministry of Disaster Management and Relief, Insurance Development and Regulatory Authority, insurer, reinsurer, and civil society organizations to design and implement a climate risk insurance Programme
- Identify potential data services providers such as Flood Forecast and Warning Center (FFWC), Bangladesh Metrological Department (BMD), and Actuary for designing products, tools, and methods for climate risk insurance interventions.
- Support developing training materials, guidelines, Standard Operating Procedures, and other technical documents.
- Organize support for enhancing national capacities for index insurance design; help with testing and the scaling up of alternative insurance distribution channels; support insurance companies to put in place a standardized and comprehensive process to deal with basis risk.
- Support to the capacity enhancement of the Resilience Innovation team, WFP Sub-office, and Cooperating Partner’s staff on climate risk insurance
- Support to develop sustainable CDRFS and contribute to preparing project concepts and proposals for CRI resource mobilization; prepare operational budget, donor reports, quarterly reports, case studies, blogs, publications
- Maintain professional relationships with the cooperating partners, technical partners, Accademia, and RBB and HQ respective Teams.
Requirements:
Education: Completion of Advanced University degree (Masters) in Public Finance, Environmental Science, Social Science, or any relevant discipline.
Experience: Total 7 years of experience including 4 years of mandatory professional experience in activities and/or projects that involved macro, meso and/or micro-insurance intervention as risk transfer, resilience building and/or livelihood promotional interventions.
Language: Fluency (level C) in English language & native speaker of Bangla.
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