Senior Industry Specialist Insurance

The Insurance sector is one of FIG’s priorities as IFC has and continues to be an active investor in traditional insurance companies (global and regional) and is increasingly looking for opportunities to partner with early stage companies leveraging technology to improve insurance products and reach.  IFC works closely with its local insurance partners through mostly equity investments and collaborates with global insurers on credit insurance (and unfunded risk participations or guarantees) for our own loan book.

As IFC seeks to build up its expertise in the insurance/insurtech space and to scale up our investments, particularly our equity exposure, we are now hiring a Senior Industry Specialist – Insurance who will join FIG’s insurance team to help scale IFC’s insurance investment portfolio.  The Senior Industry Specialist – Insurance will have primary responsibility for business development, investment technical due diligence and value creation initiatives at our investee companies. He/she should have extended experience in investments in insurance companies, particularly equity participations, with a deep understanding of insurance company operations and financial statements. A strong track record in M&A and/or private equity activities and investing in early stage fintech/insurtech companies will be a plus. She/he is expected to have strong relationships with local and regional insurance companies to open doors and thus develop a pipeline of viable investments in mature as well as early stage companies.

She/he will also assist in the management IFC’s relationships with global insurance partners and co-investors, and also participate in IFC insurance investments processing. She/he will also have a good track record of influencing internally and promoting externally to build/scale investment programs pertaining to insurance, risk management and company equity valuation, based on international best practices.

She/he will be based in Washington DC and will be part of FIG’s Global team of financial sector specialists and will work globally with regional FIG investment teams as well as the global equity and fintech teams.

Role & Responsibilities:

Source: https://worldbankgroup.csod.com/ats/careersite/JobDetails.aspx?id=25748&site=1