Overview
Provides high-level technical leadership on disaster risk financing instruments, with an emphasis on macro and meso-level climate insurance, risk layering, catastrophe bond structuring, and climate hazard model development. The role provides global strategic and technical support, contributes to innovation, and strengthens WFP’s leadership in the DRF sector.
Key Responsibilities
- Coordinate the technical design, structuring, and refinement of sovereign and meso-level risk transfer instruments.
- Coordinate the design, testing, and refinement of new or expanded DRF instruments.
- Provide technical recommendations on the development of first-of-its-kind financing instruments.
- 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.
- 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.
- 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.
- Shape and guide the work of technical service providers, consultants, and modelling firms.
- Provide WFP’s technical contributions in relevant DRF global fora.
Required 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, and managing their deliverables.
Qualifications
Advanced University degree in risk modelling, engineering, economics, environmental sciences, climate science, agricultural sciences, geosciences, financial engineering, or related field.
