Climate Risk Insurance Specialist

Contract

This is a UNV International Specialist contract. This kind of contract is known as International UN Volunteer. It is normally internationally recruited only. More about UNV International Specialist contracts.

UNCDF leads the implementation of its flagship Pacific Insurance and Climate Adaptation Programme (PICAP) that aims to improve the financial preparedness and resilience of Pacific communities towards climate change and natural hazards. The programme, working with private and public partners, develops and deploys appropriate and affordable climate disaster risk financing and insurance (CDRFI) solutions like parametric insurance to provide cash liquidity in the immediate aftermath of extreme weather events that affect the Pacific region (example cyclones, earthquakes etc.). The Climate Risk Insurance specialist will coordinate and support the country level implementation of projects with partners including insurance and financial service providers, regulators and policy makers, community based and civil society organizations to increase uptake and usage of CDRFI products, especially using digital tools.

Under the direct supervision of the Programme Manager, PICAP, the UN Volunteer will undertake the following tasks: • Coordinate the implementation of UNCDF’s programme activities under the Pacific Insurance and Climate Adaptation (PICAP) programme in Vanuatu with specific focus on developing CDRFI solutions, like parametric insurance • Support the development of a pipeline of innovative projects and initiatives using UNCDF’s Technical Assistance facilities and blended finance instruments (e.g. grants, loans and guarantees); • Build and maintain strategic partnerships, capitalize on business opportunities and support in resource mobilization for the strategy in the country; • Support relevant ministries and other entities from the Governments of various countries, such as the Ministry of Meteorology, Environment, Information, Disaster Management, Climate Change and Communications, the Ministry of Labour, Commerce & Industries and the Central Banks to improve the countries policy and regulations to introduce Climate Disaster Risk Financing (CDRF) strategy to better manage economic losses after a disaster; • Support in partner relationship management with financial service providers like commercial banks, insurance service providers, fintech’s, mobile money operators, remittance service providers etc. through financial and technical support from UNCDF. • Represent UNCDF in all country level workshops, conferences and other events where UNCDF is invited; • Facilitate country visits of regional technical specialists and other colleagues by liaising with partners in organizing meetings. • Support timely reporting from partners that have received support as may be required. • Contribute to knowledge management and communication by writing blog posts, focus notes etc. • Participate in field research, surveys and other customer facing interactions that provide inputs to development of new and innovative products and solutions.

☒ Accountability ☒ Adaptability and Flexibility ☒ Building Trust ☒ Client Orientation ☒ Commitment to Continuous Learning ☒ Empowering Others ☒ Ethics and Values ☒ Integrity ☒ Knowledge Sharing ☒ Professionalism ☒ Respect for Diversity ☒ Self-Management ☒ Technological Awareness ☒ Working in Teams

banking, insurance or other financial services • Experience of working in development finance or development projects • Knowledge and understanding of climate change and its impact on low-income households and consequent financial impacts

The island nation of Vanuatu is located in Oceania, near the South Pacific Ocean. Known for its touristy capital, Port Vila, it is an archipelago nation with approximately 80 islands. As in many developing nations, there are no black and white answers to the issues of living conditions. Vanuatu has an estimated population of 299,882 people. The majority of the islands are not close together, and the unpredictable weather and dangerous waters make travel between them difficult. This makes it difficult for people outside Port Vila to have access to vital places, such as hospitals. The destruction of these homes can be caused by certain natural disasters, such as tornadoes. 90 percent of Vanuatu’s buildings were destroyed, including most homes. Many people were left homeless as a result of this natural disaster. Agriculture is the main source of income. In Vanuatu, the majority of the population makes a living by farming.