The World Food Programme is the world’s largest humanitarian organization saving lives in emergencies and using food assistance to build a pathway to peace, stability, and prosperity for people recovering from conflict, disasters, and the impact of climate change. At WFP, people are at the heart of everything we do and the vision of the future WFP workforce is one of diverse, committed, skilled, and high performing teams, selected on merit, operating in a healthy and inclusive work environment, living WFP's values (Integrity, Collaboration, Commitment, Humanity, and Inclusion) and working with partners to save and change the lives of those WFP serves. To learn more about WFP, visit our website: wfp.org and follow us on social media to keep up with our latest news: YouTube, LinkedIn, Instagram, Facebook, Twitter, TikTok.
Senior Technical Advisor – Disaster Risk Financing
Location
Italy
Posted
5 days ago
Salary
0
Seniority
Senior
No structured requirement data.
Job Description
Senior Technical Advisor – Disaster Risk Financing
World Food Programme
Role Description The Senior Technical Advisor – Disaster Risk Financing (DRF) provides high-level technical leadership on disaster risk financing instruments, focusing on macro and meso-level climate insurance, risk layering, catastrophe bond structuring, and climate hazard model development. The role includes: - A. Technical Advisory Services on Disaster Risk Financing Instruments - Coordinate the technical design, structuring, and refinement of sovereign and meso-level risk transfer instruments, including macro drought insurance products, risk layering mechanisms, and trigger-based contingency financing tools. - Coordinate the design, testing, and refinement of new or expanded DRF instruments, including: - Expansion and optimization of the catastrophe insurance layer in Africa. - Meso-level insurance products in collaboration with the Inclusive Risk Financing Team. - New macro drought insurance instruments for high-risk contexts (e.g., Afghanistan). - Provide technical recommendations on the development of first-of-its-kind financing instruments, including a catastrophe bond for drought. - Advise WFP and partners on the development and evaluation of data analytics and risk modeling. - Coordinate the policy placement process for WFP / PRGR. - Initiate and oversee technical research and studies that advance modeling, index design, and DRF operationalization. - B. Strategic Advisory Support to Country Offices and Governments - Support technical engagement with Country Offices (COs) and Government Technical Working Groups. - Provide technical advice on the benefits, limitations, and design implications of different risk transfer products. - Guide countries through risk financing strategy development. - Provide technical training for COs, government counterparts, and internal focal points on DRF, risk transfer, and index methodologies. - C. Market and Partner Engagement - Represent WFP in technical negotiations with product developers, insurers, reinsurers, brokers, modeling firms, and catastrophe bond structurers. - Seek and manage advisory services from third parties on particular products. - Provide WFP’s technical contributions in relevant DRF global fora. Deliverables at the end of the contract include: - High quality risk transfer instruments designed or refined. - Technical briefing notes and model assessments for each country’s DRF instrument(s). - Refined and expanded Africa catastrophe insurance layer and documentation of the expansion approach. - At least one new risk transfer product developed (or advanced to design stage) for a specific region/country. - Strengthened technical capacities of COs and partner government teams. Qualifications - Education: Advanced University degree in risk modelling, engineering, economics, environmental sciences, climate science, agricultural sciences, geosciences, financial engineering, or related field. - Experience: - At least 11 years of progressively responsible experience in disaster risk financing, macro/meso level insurance, catastrophe modelling, climate risk management or related technical fields. - Demonstrated experience in structuring risk transfer instruments, including sovereign insurance or catastrophe bonds. - Proven experience working with technical service providers, modelling firms, financial institutions, brokers, reinsurers/insurers. - Knowledge & Skills: - Strong expertise in climate hazard modelling, index design, and financial structuring of DRF instruments. - Ability to lead high level technical discussions and advise senior partners. - Strong coordination and communication skills across diverse stakeholders. - Excellent analytical writing and technical reporting skills. - Languages: Fluency in English (Level C). Intermediate proficiency (Level B) in another UN language is desirable; French is an asset. Benefits - WFP is a 2020 Nobel Peace Prize Laureate. - WFP offers a highly inclusive, diverse, and multicultural working environment. - WFP invests in the personal & professional development of its employees through a range of training, accreditation, coaching, mentorship, and other programs. - A career path in WFP provides an exciting opportunity to work across various country, regional, and global offices. - We offer an attractive compensation package.
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