Director, Research and Development - Disaster Risk Management Solutions and Innovations, P5 Level
Organization : UN WFP - World Food Programme
Grade : Senior level, P-5, International Professional - Internationally recruited position
Occupational Groups :
Accounting (Audit, Controlling)
Disaster Management (Preparedness, Resilience, Response and Recovery)
Humanitarian Aid and Coordination
Innovations for Sustainable Development
Internal audit, Investigation and Inspection
Closing Date : 2019-09-15
The , is Africa’s sovereign insurance pool and early disaster response mechanism.1 Owned and governed by its countries, ARC empowers its member states to be in the driving seat of response by reinforcing national systems and providing governments with access to immediate funds for early and planned responses to populations affected by natural disasters.
Merging traditional approaches of disaster relief and risk quantification with the concepts of risk pooling and transfer, ARC has created a unique pan-
African disaster response system providing a sustainable African-led strategy for managing extreme weather risks. By anticipating and not reacting to disasters, ARC countries are developing the capacity to protect development gains and build a more resilient Africa.
A Specialised Agency of the African Union, ARC counts 32 AU countries as members to date.2 In 2014, it launched its initial risk insurance product for its member states through its financial affiliate the ARC Insurance Company Limited (ARC Ltd).
ARC Ltd is a specialist hybrid mutual insurance company, aggregating risk by issuing insurance policies to participating governments and transferring it to the international market.
ARC Ltd uses the satellite weather surveillance software Africa RiskView, developed by ARC Agency, to estimate the impact of drought on vulnerable populations and the response costs required to assist them before a season begins, and as it progresses, so that index-
based insurance payouts, based on Africa RiskView, are triggered at or before harvest time if the rains are poor. To date, Africa RiskView has been customised by 11 ARC Member States, and reviewed by 23 international reinsurers and top-
three global reinsurance broker. It has been used to transfer over $500 million of drought risk from ARC Member States since 2014 and has triggered over $34 million in payouts to four countries.
With plans to add flood and tropical cyclone insurance products, ARC aims to expand the reach and coverage it provides and to contribute significantly to the G7’s goal of insuring 200 million vulnerable people in Africa by 2020.
In addition, following the Ebola crisis, ARC was requested by its Member States to explore outbreak and epidemic risk coverage and is also working on a new climate adaption financing mechanism, called the Extreme Climate Facility, for eligible countries already managing their weather risk through ARC.
All of these product and programme initiatives are managed by ARC Agency’s Research & Development Department.
ARC is now looking for a new Director to lead the Research & Development Department. The Director will be responsible for leading and executing the ARC Agency’s research and development strategy and work programme, ensuring ARC remains on the cutting edge of global parametric risk management and modelling technology innovation.
This programme includes the design and launch of new insurance products and associated country work programmes (including flood, cyclone and outbreak and epidemic (O&E) risk), the further refinement and development of Africa RiskView for drought and on-
going technical ARC Agency activities, the design and deployment of new financing initiatives, such as the Extreme Climate Facility (XCF), and the development of other special projects of the Director General.
The ARC Director of Research & Development will :
term sustainability for ARC and knowledge transfer for the continent.
edge of global risk management and modelling technology.
insurance products; and programme development.
house and with technical partners.
Terms and conditions :
This position is for the specific assignment outlined in this vacancy announcement and the selected candidate will be offered a non-
rotational fixed-term appointment, which means that the incumbent shall not be subject to some WFP’s policies including that on mobility.
Fixed-term appointments do not automatically guarantee entitlement to extension or renewal.
WFP offers an attractive compensation and benefits package, including basic salary, post adjustment, relocation entitlement, travel and shipment allowances, 30 days’ annual leave, home leave, an education grant for dependent children, pension plan and medical insurance.
For more details please visit icsc.un.org
Deadline for applications : 15 September 2019