Backstopping Service for a Reinsurance person preferably Spe...

Assignment objective

Oxfam is seeking to contract an individual expert with extensive experience in reinsurance, preferably with knowledge in the field of agricultural insurance with emphasize on indemnity insurance across both animal and plant sub-sectors. The aim of this consultancy is to engage the selected expert to offer support to the PADRRIF and Oxfam throughout a one-year period. The primary focus will be on overseeing all aspects related to the pilot implementation of three (3) agricultural insurance products. The expert's responsibilities will include addressing areas such as reinsurance strategies, channelling mechanisms, model operations within the pilot with international reinsurance companies/brokers of reinsurance companies and local insurance companies and fostering effective relationships with brokers and reinsurance companies. The backstopping expert is anticipated to play a crucial role in providing essential support, encompassing the responsibilities, functions, operations, and processes inherent in agricultural insurance reinsurance.

Expected Results:

The engagement of the selected reinsurance advisor/consultant is expected to yield key outcomes, including: improved technical capacity and expertise in agricultural insurance reinsurance among PADRRIF, insurance companies and Oxfam staff. The advisor/consultant will actively contribute by offering feedback and participating in the development of assignments and related reports. Additionally, the consultancy is expected to result in strengthened collaboration with stakeholders, providing valuable advice on reinsurance mechanisms.

The advisor/consultant will have a key role in guiding and supporting PADRRIF, providing direction for their strategic involvement in the pilot phase. Additionally, the advisor will assist in identifying reinsurance companies and brokers interested in the Palestinian agricultural market that PADRRIF and private companies can approach and collaborate/work with. They will offer insights into the roles PADRRIF can play in communication and negotiation on behalf of local insurance companies with international brokers and reinsurance companies throughout the pilot phase.

Continuous advisory services will be provided to ensure ongoing improvement. The advisor will deliver specific consultancy services related to reinsurance and related capacity building, aiding in various assignments. This active involvement aims to contribute to the successful implementation of reinsurance operations within the Agro-insurance system managed by PADRRIF. These anticipated outcomes collectively contribute to the success of the 'Building the Palestinian Agricultural Insurance Systems and Services' project.

Interested consultants/trainers should submit a letter of interest, technical proposal, and financial offer no later than the 12 March ,2024 to the attention of: [email protected] . There is no need of separating the financial from the technical offers into two e-mails.

PLease look at the full TOR in the link