Head, Global Insurance Risk Management

Contract

This is a P-5 contract. This kind of contract is known as Professional and Director staff. It is normally internationally recruited only. It's a staff contract. It usually requires 10 years of experience, depending on education.

Salary

The salary for this job should be between 204,886 USD and 256,769 USD.

Please keep in mind that the salary displayed here is an estimation by UN Talent based on the location and the type of contract. It may vary depending on the organization. The recruiter should be able to inform you about the exact salary range. In case the job description contains another salary information, please refer to this one.

OBJECTIVES OF THE PROGRAMME

The Department of Finance's objectives are to support Country Offices, Regional Offices and Headquarters in all financial matters to ensure precise and timely services to colleagues throughout the Organization, including hosted entities. Financial services include Treasury, investments, Staff Health Insurance, pension and other insurances. To set financial policy, issue annual financial statements and manage WHO external audit; to maintain transparency, accountability and trust in WHO by all stakeholders. To provide the best customer service possible,facilitating access to benefit entitlements for the WHO family worldwide and efficient processing of all related benefits using innovative technology.

DESCRIPTION OF DUTIES

Under the supervision of Head, TSY:

• Assess risk exposure and propose a risk management plan for the mitigation of individual risks (to include risk avoidance, risk transfer, self-insurance or a combination of transfer and retention).
• Select the necessary services required to deliver the risk management plan: including the identification of insurance intermediaries, brokers, actuaries, claims administrators, claims adjusters and/or any other specialists required to achieve the objectives of the risk management plan.
• Represent WHO in insurance industry related panels and conferences.
• Participate in UN and other international organizations insurance groups.
• Formulate an insurance strategy for WHO worldwide.
• Negotiate new insurance arrangements and propose and implement improvements to existing insurance arrangements.
• Manage all Requests for Proposals (RFP) as required for all the insurance contract arrangements periodically; prepare RFP documentation; evaluate proposals; obtain approval from Contract Review Committee; negotiate pricing and finalize all contract documentation.
• Formalize the Delegation of Authority for management of insurances, where delegation is required.
• Monitor operations related to insurances including provider performance and maintain an ongoing benchmarking process between WHO, other UN organizations and industry best practice.
• Monitor and report on accounts (premiums, claims, administration cost and profit sharing) for all insurance policies.
• Monitor and report on accounts (premiums, claims, administration costs and profit sharing) for all self-insured programs, and coordinate with actuaries on the periodical analysis of the financial performance of all self-insured funds to guarantee financial stability and continuity.
• Address audit recommendations in respect of risk management.
• Provide professional insurance advice to all WHO units globally, in particular to Legal, HR, Finance and technical units.
• Perform other related duties as directed by either Head Treasury or Comptroller.

REQUIRED QUALIFICATIONS

Education

Essential: Advanced (Masters-level) University Degree in Finance, Risk Management or Insurance, or [bachelors] degree plus a formal professional qualification/certification in risk management or insurance, such as the following designations : US CPCU / CLU, UKFCII, Canada FCIP, or equivalent for other countries.

Desirable: Professional qualifications in commercial law, finance or business administration.

Experience

Essential:

• A minimum of ten years insurance industry expertise, with an overall minimum of seven years of progressive financial / managerial responsibility in a large, complex and international structure/entity.
• Extensive financial and /or insurance management experience and a good understanding of the insurance industry to include the following insurance product lines: Property & Casualty, Financial Lines, Accident & Health, Personal insurances and Professional Liability insurance.

Desirable:

• Insurance experience and specific knowledge related to Life Sciences insurance.
• Experience related to the United Nations system.

Skills

• Excellent written and verbal communication skills.
• Experience leading meetings or discussions.
• Ability to lead changes; motivation, creativity and flexibility; insurance management; risk management.

WHO Competencies

• Teamwork
• Respecting and promoting individual and cultural differences
• Communication
• Creating an empowering and motivating environment
• Promoting innovation and organizational learning

Use of Language Skills

Essential: Expert knowledge of English. Desirable: Expert knowledge of French.

REMUNERATION

WHO salaries for staff in the Professional category are calculated in US dollars. The remuneration for the above position comprises an annual base salary starting at USD 90,664 (subject to mandatory deductions for pension contributions and health insurance, as applicable), a variable post adjustment, which reflects the cost of living in a particular duty station, and currently amounts to USD 5583 per month for the duty station indicated above. Other benefits include 30 days of annual leave, allowances for dependent family members, home leave, and an education grant for dependent children.

ADDITIONAL INFORMATION

• This vacancy notice may be used to fill other similar positions at the same grade level

• Only candidates under serious consideration will be contacted.

• A written test may be used as a form of screening.

• In the event that your candidature is retained for an interview, you will be required to provide, in advance, a scanned copy of the degree(s)/diploma(s)/certificate(s) required for this position. WHO only considers higher educational qualifications obtained from an institution accredited/recognized in the World Higher Education Database (WHED), a list updated by the International Association of Universities (IAU)/United Nations Educational, Scientific and Cultural Organization (UNESCO). The list can be accessed through the link: http://www.whed.net/. Some professional certificates may not appear in the WHED and will require individual review.

• Any appointment/extension of appointment is subject to WHO Staff Regulations, Staff Rules and Manual.

• Staff members in other duty stations are encouraged to apply.

• For information on WHO's operations please visit: http://www.who.int.

• WHO is committed to workforce diversity.

• WHO prides itself on a workforce that adheres to the highest ethical and professional standards and that is committed to put the WHO Values Charter into practice.

• WHO has zero tolerance towards sexual exploitation and abuse (SEA), sexual harassment and other types of abusive conduct (i.e., discrimination, abuse of authority and harassment). All members of the WHO workforce have a role to play in promoting a safe and respectful workplace and should report to WHO any actual or suspected cases of SEA, sexual harassment and other types of abusive conduct. To ensure that individuals with a substantiated history of SEA, sexual harassment or other types of abusive conduct are not hired by the Organization, WHO will conduct a background verification of final candidates.

• WHO has a smoke-free environment and does not recruit smokers or users of any form of tobacco.

• WHO has a mobility policy which can be found at the following link: http://www.who.int/employment/en/. Candidates appointed to an international post with WHO are subject to mobility and may be assigned to any activity or duty station of the Organization throughout the world.

• Applications from women and from nationals of non and underrepresented Member States are particularly encouraged.