ET Consultant - Agriculture Insurance

Job Posting Organization:
The World Bank, a member of the World Bank Group (WBG), is a global organization dedicated to addressing the world's most pressing development challenges. Established to foster economic development and reduce poverty, the World Bank operates in 145 countries with over 182 offices worldwide. The organization focuses on partnerships with governments, the private sector, and development partners to invest in people and strengthen markets. The World Bank aims to deliver scalable, data-driven solutions that improve lives and create jobs, particularly as 1.2 billion young people are expected to enter the workforce in the coming decade. For more information, visit their official website.

Job Overview:
The ET Consultant for Agriculture Insurance will play a crucial role in the World Bank's efforts to enhance financial resilience in agriculture, which is vital for security" style="border-bottom: 1px dotted #007bff !important;">security" style="border-bottom: 1px dotted #007bff !important;">food security and economic stability. This position involves providing senior-level technical advice and support for the Disaster Risk Finance Unit's work on agriculture insurance. The consultant will lead the delivery of innovative insurance solutions, such as parametric and crop yield insurance, and will engage with various stakeholders to promote effective agricultural insurance schemes. The role requires frequent travel and collaboration with internal and external partners to ensure the successful implementation of agriculture insurance initiatives that benefit smallholder and family farmers, ultimately contributing to the World Bank's mission of reducing poverty and enhancing livelihoods.

Duties and Responsibilities:
The consultant will be responsible for leading the delivery of agriculture insurance solutions in various countries, conducting actuarial and quantitative analyses to support client engagement and policy dialogue. They will review and quality-assure technical outputs, curate knowledge on agriculture insurance, and collaborate with internal and external stakeholders. The consultant will represent the team in consultations and forums, and perform additional tasks as assigned by the Unit Manager. This role requires a proactive approach to managing multiple tasks, setting priorities, and delivering results in a timely manner.

Required Qualifications:
Candidates must possess a Master's degree or higher in actuarial science, economics, finance, public policy, or a closely related quantitative or development field. A minimum of 12 years of relevant professional experience in agriculture insurance or related fields is required, including direct experience supporting governments in developing countries. Strong knowledge of agriculture insurance, disaster risk finance, and the ability to engage with senior government counterparts are essential. Candidates should demonstrate strong analytical skills, excellent communication abilities, and a commitment to ethical standards.

Educational Background:
A Master's degree or higher in a relevant field such as actuarial science, economics, finance, or public policy is required for this position. This educational background is crucial for understanding the complexities of agriculture insurance and disaster risk finance, as well as for engaging in high-level policy dialogue.

Experience:
Candidates should have at least 12 years of professional experience in agriculture insurance or closely related fields. This experience should include direct involvement in supporting governments in developing countries with agriculture insurance schemes or providing solutions from the private sector. Familiarity with complex institutional environments, such as multilateral development banks, is highly valued.

Languages:
Fluency in written and spoken English is mandatory for this position. Proficiency in Spanish or French is considered an advantage, as it may facilitate communication with a broader range of stakeholders and enhance the consultant's effectiveness in diverse environments.

Additional Notes:
The position is a local recruitment opportunity based in Washington, DC, with an initial term of one year, potentially renewable for up to two additional years, depending on business needs and performance. The role is full-time and may require frequent travel. The World Bank Group is committed to diversity and inclusion, ensuring equal opportunities for all candidates regardless of gender, race, ethnicity, or other characteristics.