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Technical Advisor of Risk Finance and Insurance for the Caribbean Resilient Economies and Sectors

Tetra Tech International Development is currently accepting expressions of interest from qualified senior-level candidates for a Technical Advisor - Risk Finance and Insurance position on an anticipated five-year USAID-funded Resilient Economies and Sectors Activity in the Eastern and Southern Caribbean. The purpose of this Activity is to: Reduce systemic constraints to climate and disaster finance and increase investments in resilience across priority sectors such as agriculture. This position is anticipated to be based in Bridgetown, Barbados with the possibility of remote work arrangement.

 

The Technical Advisor will provide leadership and technical expertise on Disaster Risk Finance and Insurance programming as part of a technical assistance team. This position will be responsible for leading the design and application of disaster risk finance (DRF) activities, strategies, and cross-cutting support to address systemic constraints to climate and disaster finance.  

 

Target countries include Bahamas, Barbados, St. Kitts and Nevis, Trinidad and Tobago, Dominica, Guyana, St. Lucia, St. Vincent and the Grenadines, and Suriname.  

 

Responsibilities:

*Provides strategic and forward-looking technical assistance to design disaster risk finance and financial risk management approaches.

*Works with stakeholders in target Eastern and Southern Caribbean countries to co-develop comprehensive disaster risk financing and risk transfer strategies to increase the financial response capacity of target countries, including the public and the private sector. 

*Strengthens the capacity of public and private sector actors to develop, update and implement financial instruments for climate and disaster-related financial risk management and investment in key sectors to improve resilience.

*Provides technical support to ensure climate investment plans and finance-ready projects are structured and launched.

*Facilitates increased adoption of financial climate and disaster risk management strategies by local businesses.

*Provides technical guidance and support to explore emerging areas of disaster risk management, resilience, climate finance, and private sector investment, including the design of disaster risk financing instruments.

*Contributes to deliverables and reports, and independently manages assigned tasks and activities.

*Participates in work plan development, strategic planning, and adaptation framework development.

*Develops and reviews activity scopes of work, training modules, project deliverables, and communications to ensure quality control and effective integration of technical approaches.

*Directly manages and coordinates related technical activities, analyses, capacity strengthening, and research.

*Coordinates and oversees short term technical assistance (STTA) for discrete technical activities.

*Coordinates with other Technical Advisors for task design and implementation.

*Coordinates across project staff and consortium partners for planning and completion of tasks.

 

 Qualifications:

*Master’s degree in disaster risk management, economics, finance, public policy/administration, or other related discipline.

*A minimum of 10 years of working experience in sovereign disaster risk finance, catastrophe risk insurance, contingent financing, parametric insurance, shock responsive social protection or related areas required.

*Familiarity with innovative insurance and financing mechanisms to support resilience, such as insurance-linked loans, resilience bonds, etc.  

*Strong and demonstrated skills and experience in working with government authorities and officials and large groups of experts in DRF, insurance initiatives.

*Previous experience working with institutional stakeholders such as Ministries of Finance or financial institutions a strong advantage.

*Demonstrated knowledge of the context of the ESC region required. Direct experience supporting or leading DRF or related programming in the ESC a distinct advantage.

*Demonstrated experience building local institutional or private sector capacity in financial risk management strategies.

* Excellent communication skills in written and spoken English.

* Strong familiarity with the policy, social, economic, environmental, disaster, and cultural context in the ESC region.

* ESC nationals are strongly encouraged to apply.

*CA ARDc