WFP - World Food Programme

WFP Rome

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 professional 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 organization 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 Monday, October 17, 2022 (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: UN World Food Programme (WFP) 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 training, 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 the 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 an attractive compensation package (please refer to the Terms and Conditions section)

ORGANIZATIONAL CONTEXT

WFP’s Insurance function is a key part of the Operational Risk Mitigation Service (SCOR) which sits within the Supply Chain and Emergency Department.

SCOR oversees WFP’s operational risk exposure and in coordination with relevant services, seeks to minimize and alleviate effects of uncertainty and maximize financial recovery in case of loss. SCOR develops and implements risk management and insurance programmes to respond to evolving organizational needs, offering wide ranging insurance programmes including:

  • Self-Insurance Retention (Captive) Scheme of Goods in Transit, Cargo Insurance for Bilateral Shipments;
  • Comprehensive Charterer’s Liability Insurance;
  • Non-Owned Aircraft Liability Insurance;
  • Cash-in-Transit Insurance;
  • Malicious Acts Life Insurance;
  • Public, Products and Pollution Liability cover including Contingent/Excess Motor Liability;
  • Personal Accident Insurance for WFP staff travelling aboard military or state aircraft:
  • Commercial Crime Insurance.

SCOR 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

The Senior Insurance Officer will be based in the Operational Risk Management Service (SCOR) in Headquarters (Rome, Italy) and will report to the SCOR Director.

KEY ACCOUNTABILITIES (not all-inclusive)

  • Assist the Director with directing the activities of the SCOR team, including the administration of corporate insurance programmes, and provide advice and guidance as necessary;
  • Support the management of Self Insurance Retention (Captive) scheme in the areas of Own Risk and Solvency Assessments, financial accounting, actuarial analysis, and systems management, including the following functions:

      • Prepare and maintain Captive’s financial and operational records;
      • Prepare financial report analysis and claims trend analysis, and perform solvency monitoring of the Captive;
      • Provide financial reports for the Captive’s manager and board of directors;
      • Perform pricing/funding analysis and Captive/risk retention utilization to optimize value;
      • Manage insurance data, claims statistics, administrate the insurance IT tool and ensure the reliability of insurance reports;
      • Supervisory review of analytical work performed by primary analysts and necessary direct review of financial statements, and audited financial reports;
      • Review and approve specific financial transactions related to claims and recoveries;
  • Manage the liaison with other sections of WFP in relation to insurance functions including insurance declarations, premium charging, claims settlements and integration of insurance system with other corporate systems;
  • Coordinate insurance arrangements for major emergencies, particularly the establishment of loss reporting and adjustment and the lodging of Claims;
  • Identify new insurable risks within the programme and make recommendations for the most appropriate risk management solutions combining both transfer and retention tools;
  • Carry out research and provide advice and historical perspective to enable informed risk taking and practical measures to defray inevitable negative consequences;
  • In conjunction with Brokers, conduct market research and identify the most suitable insurance coverage for a variety of matters and activities;
  • Assist with the management of the annual insurance renewal process, including collection of accurate risk exposure data, consolidation and submission of data to Insurers;
  • Provide specialized advice on insurance related matters to WFP Country Offices;
  • Provide advice on insurance and risk related matters and respond to and resolve insurance related queries;
  • Contribute to preparedness actions such as early warning, risk analysis and contingency planning and make recommendations;
  • Periodically monitor the management of risks and report on any actions taken;

  • Participate in field visits to promote increased awareness of potential liability exposure and proactive minimization of risk.

QUALIFICATIONS AND KEY REQUIREMENTS

EDUCATION:

  • An Advanced University Degree (Masters’ Degree or equivalent) with specialization in insurance, risk management, actuarial science, or related field, or a First University Degree with additional years of related work experience and/or training/courses;
  • Professional qualification in insurance or risk management

EXPERIENCE:

  • At least 11 years of progressively responsible experience in the global risk / insurance industry with experience obtained in either a risk management corporate function, insurance company or brokerage firm;
  • A minimum of 7 years of experience at a senior level in the management of self-insurance Retention schemes, Captives or other funded alternative risk transfer vehicles;
  • Experience in undertaking operational risks and insurance assessments including ability to identify, analyze and assess key risk exposures and identify potential insurance or retention mitigants;
  • Sound knowledge of and experience in insurance systems, insurance financial accounting and analytics;
  • Experience in managing global commercial insurance programmes, including placing covers and renewals in major international markets.

ADDITIONAL / NICE TO HAVE REQUIREMEMTS

  • Experience in Captive insurance management;
  • Experience in preparing and maintaining Captives’ financial and operational reports;
  • Experience in the preparation of quarterly and annual financial reports for senior managers and regulatory bodies.;
  • Experience with dispute resolution with Third Parties;
  • Knowledge and experience in handling insurance contracts.

LANGUAGE:

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

MORE ABOUT YOU

You have:

  • Strong verbal and written communication skills;
  • Strong analytic abilities;
  • Previous experience managing teams;
  • Strong relationship management skills;
  • Sound negotiation skills;
  • Ability to persuade and influence others at all levels both within and outside the organization;
  • Ability to analyse data and situations and provide pragmatic and effective solutions;
  • Ability to help improve systems and working methods for greater efficiency and effectiveness

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

Drives Results and Delivers on Commitments

Fosters Inclusive and Collaborative Teamwork

Applies Strategic Thinking

Builds and Maintains Sustainable Partnerships

Lives the WFP values and shows humanity and integrity by role modelling care for others

Delivers on commitments and adapts readily to change

Is inclusive and collaborative, and contributes to a culture of learning and personal growth

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

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

  • The is an International Professional position (non-rotational) and is open to all nationalities.
  • 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.
  • Mobility is and continues to be a core contractual requirement in WFP. This position however is classified as ‘’non-rotational’’ which means the incumbent shall not be subject to the regular reassignment process unless the position is reclassified as rotational.
  • WFP offers an attractive compensation and benefits package in line with ICSC standards, including basic salary, post adjustment, relocation entitlement, travel, visa, shipment allowances, 30 days’ annual leave, home leave, an education grant for dependent children, pension plan and medical insurance. For more information, please visit icsc.un.org
  • The selected candidate will be required to relocate to Rome. Italy to take up this role.

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 [email protected] in case you face any challenges with submitting your application
  • Only shortlisted candidates will be notified

All employment decisions are made on the basis of organizational needs, job requirements, merit, and individual qualifications. WFP is committed to providing an inclusive work environment free of sexual exploitation and abuse, all forms of discrimination, any kind of harassment, sexual harassment, and abuse of authority. Therefore, all selected candidates will undergo rigorous reference and background checks.

No appointment under any kind of contract will be offered to members of the UN Advisory Committee on Administrative and Budgetary Questions (ACABQ), International Civil Service Commission (ICSC), FAO Finance Committee, WFP External Auditor, WFP Audit Committee, Joint Inspection Unit (JIU) and other similar bodies within the United Nations system with oversight responsibilities over WFP, both during their service and within three years of ceasing that service.