Insurance Officer P4, Rome, Italy

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WFP celebrates and embraces diversity. It is committed to the principle of equal employment opportunity for all its employees and encourages qualified candidates to apply irrespective of race, colour, national origin, ethnic or social background, genetic information, gender, gender identity and/or expression, sexual orientation, religion or belief, HIV status or disability.

Are you an Insurance Officer interested in further developing your professional experience while contributing to ending global hunger? Are you passionate about helping those in need? Would you like to join a global organisation investing in its people?

If so, an exciting & fulfilling career awaits you!!! Join our diverse and passionate team that works on varied and international projects directly contributing to saving & changing millions of lives around the globe.

DEADLINE FOR APPLICATIONS

Applications must be submitted by Tuesday, May 9th, 2023 (11:59 PM CET).

WHO WE ARE

The United Nations World Food Programme (WFP) , a highly prestigious, reputable & world’s largest humanitarian organization, operating in more than 120 countries and territories, bringing life-saving assistance in emergencies, building pathways to peace, stability and prosperity for people recovering from conflict, disasters and the impact of climate change and supporting sustainable and resilient livelihoods for a world with zero hunger.

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: https://www.wfp.org/ and follow us on social media to keep up with our latest news: YouTube, LinkedIn, Instagram, Facebook, Twitter.

WHY JOIN US?

• 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 trainings, accreditation, coaching, mentorship and other programs as well as through internal mobility opportunities
• A career path in WFP provides an exciting opportunity to work across various country, regional and global offices around the world, and with passionate colleagues who work tirelessly to ensure that effective humanitarian assistance reaches millions of people across the globe
• We offer attractive compensation package (please refer to Terms and Conditions section)

ORGANIZATIONAL CONTEXT

The Operational Risk Mitigation Service and Insurance (INS) oversees WFP’s operational risk exposure. In coordination with relevant services. INS seeks to minimize and alleviate effects of uncertainty and maximize financial recovery in case of loss. INS develops and implements risk transfer and global insurance programmes to respond to evolving organizational needs, offering wide ranging insurance programmes.

INS works with relevant services to design and implement effective risk mitigation solutions, provide pre-emptive guidance on practical loss prevention, coordinate the determination of causes of loss and damage and direct salvage reconditioning and disposal of any damaged cargo.

THE ROLE

This position is based in WFP’s Headquarters in Rome, Italy, and will report to the Director, Operational Risk Mitigation. Under the overall supervision of the Director, the Insurance Officer will work closely with and support HQ Divisions and Country Offices on insurance and risk management related matters.

KEY ACCOUNTABILITIES (not all-inclusive)

• Work with and support the Director with the arranging of commercial insurance and the administration of global insurance programmes including placement and renewals.

• Review policy wordings and provide advice and recommendations on insurance cover requirements and interpretation of policy wordings, clauses and endorsements.

• Support the underwriting activities of the Captive Scheme including the captive pricing, Overall Solvency Needs and reserving strategy, underwriting philosophy, risk strategy mapping and, product development and maintenance and update of accurate stress test and scenario test of solvency capital requirement.

• Coordinate and support the analysis and review of risk assessment information to identify changes in exposure and make recommendations on appropriate insurance coverage and other risk retention and transfer measures to mitigate identified risks.

• Partner HQ business units and Country Offices to support the identification and development of procedures that ensure that risks are managed effectively from an insurance perspective.

• Assist in the preparation of documentation for submission to the Board of Directors and other oversight bodies including the Executive Board.

• Provide support and coordination in the management of non-cargo insurance incidents and claims.

• Provide specialist advice and guidance on property, liability and specialty insurances to Country Offices. Review locally-placed insurance as appropriate and support local placements when required.

• Lead, motivate and develop the team by providing coaching, training and career guidance as required to ensure appropriate development and enable high performance.

• Perform other related duties as required by the Operational Risk Mitigation Service.

QUALIFICATIONS & KEY REQUIREMENTS

Education:

• Master of Business Administration, or advanced university degree from a recognized university in insurance, insurance law or other related field, or First University degree with additional years of related work experience and/or training/courses such as Chartered Insurance Institute (CII) qualification or equivalent, or professional qualification in risk management.

Professional Experience:

• At least 8 years of post-graduate professional experience in the field of insurance and risk management.

Language:

• Fluency (level C) in English language.

• Intermediate knowledge (level B) of a second official UN language: Arabic, Chinese, French, Russian, Spanish, and/or WFP’s working language, Portuguese required.

MORE ABOUT YOU

• Experience and knowledge in general commercial insurance with a specialization in wordings, claims, underwriting, pricing or brokerage.

• Experience and knowledge in risk management.

• Excellent written communication skills for policy wordings and recommendations.

• Demonstrated ability to influence key stakeholders across and beyond the organisation.

• Demonstrated ability to work collaboratively within the Service strengthening the performance of the team.

WFP LEADERSHIP FRAMEWORK

These are the common standards of behaviour that guide HOW we work together to accomplish our mission.

Leads by Example with Integrity - Lives the WFP values and shows humanity and integrity by role modelling care for others

Drives Results and Delivers on Commitments - Delivers on commitments and adapts readily to change

Fosters Inclusive and Collaborative Teamwork - Is inclusive and collaborative, and contributes to a culture of learning and personal growth

Applies Strategic Thinking - Demonstrates commitment to gather perspectives, analyse options and risks, and propose new ways of doing things

Builds and Maintains Sustainable Partnerships - Builds and nurtures external partnerships and collaborates with partners to deliver common objectives

Different expectations of behaviour are defined depending on your grade and role/responsibilities within WFP.

TERMS AND CONDITIONS

This is an International Professional position and is open to all nationalities.

Mobility is and continues to be a core contractual requirement in WFP. This position is however classified as “non-rotational” which means the incumbent shall not be subject to the regular reassignment process unless the position is reclassified as rotational. The selected candidate will be employed on a fixed-term contract with a probationary period of one year. This position is open to both internal and external candidates.

WFP offers an attractive compensation and benefits package in line with ICSC standards including basic salary, post adjustment, relocation entitlement, visa, travel and shipment allowances, 30 days’ annual leave, home leave, an education grant for dependent children, a pension plan, and medical insurance.

The selected candidate will be required to relocate to Rome, Italy to take up this assignment.

REMINDERS BEFORE YOU SUBMIT YOUR APPLICATION

• We strongly recommend that your profile is accurate, complete and includes your employment records, academic qualifications, language skills and UN Grade (if applicable)
• Once your profile is completed, please apply, and submit your application
• Please make sure you upload your professional CV in the English language
• Kindly note the only documents you will need to submit at this time are your CV and Cover Letter
• Additional documents such as passport, recommendation letters, academic certificates, etc. may potentially be requested at a future time
• Please contact us at wfprecruitment@wfp.org in case you face any challenges with submitting your application
• Only shortlisted candidates will be notified

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WFP has a zero-tolerance approach to conduct such as fraud, sexual exploitation and abuse, sexual harassment, abuse of authority and discrimination. All selected candidates will be expected to adhere to WFP’s standards of conduct and will therefore undergo rigorous background verification internally or through third parties. Selected candidates will also be required to provide additional information as part of the verification exercise. Misrepresentation of information provided during the recruitment process may lead to disqualification or termination of employment

WFP will not request payment at any stage of the recruitment process including at the offer stage. Any requests for payment should be refused and reported to local law enforcement authorities for appropriate action.