Deadline: 3 September 2015
The International Finance Corporation (IFC) is currently seeking applications from the eligible applicants for the post of Senior/Principal Insurance Investment Specialist based in Washington DC, USA.
IFC, the private sector arm of the World Bank Group, is a global leader, investor and advisor committed to projects in its developing member countries that reduce extreme poverty and boost shared prosperity.
Key Job Responsibilities
The Senior/Principal Insurance Investment Specialist will perform the following functions-
- Support the insurance team evaluating, structuring, negotiating, and closing new transactions;
- Support the portfolio teams on issues such as performance reviews, valuations, portfolio restructurings, capital increases, equity sales, etc.;
- Maintain and update the valuation tools and methodologies of the insurance group; Become the point person for staff from field offices who seek support on valuation for insurance companies;
- Implement insurance portfolio analyses by gathering, summarizing and analyzing portfolio information from IFC systems or other sources;
- Build IFC’s knowledge base for best practices in insurance and facilitate interactions and knowledge sharing among IFC’s clients;
- Generate new business opportunities with existing clients in collaboration with the Regional teams;
- Collaborate in developing sector and/or regional strategies and support related promotion work, including targeting potential investments and policy advisory work;
- Focus on adding value to our clients’ businesses, find pragmatic solutions to the specific sector challenges, and achieve sustainable development impact.
Eligibility Criteria
Applicants must have-
- Master’s degree in finance, economics or other related areas; accreditation as a CFA or CPA is considered a plus.
- Minimum 8-12 years experience in finance post MBA (or equivalent degree) with a proven track-record of sourcing, structuring and closing investments preferably both in equity and debt. Strong experience in an international investment bank or private equity firm with an active insurance practice or in the M&A department of an Insurance company.
- Knowledge of overall industry sector trends and experience in emerging markets.
- Strong business development, structuring and client relationship skills, track record and ability to focus on clients’ needs effectively.
- Strong financial and credit skills; demonstrated ability to structure a variety of complex financial instruments (debt and equity).
- Sound business judgment in identifying potential business partners.
- Strong financial and credit skills; demonstrated ability to structure a variety of complex financial instruments (debt and equity).
- Ability to interact directly and independently with the senior management of potential clients, of financial and technical partners as well as senior government officials.
- Excellent business judgment and strong analytical and problem solving skills to identify issues and present creative, practical solutions.
- Knowledge and Experience in International Economic Development Arena and commitment to sustainable development.
- Excellent verbal and written communication skills in English.
- Strong inter-personal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds.
- Ability to mentor junior investment staff.
- Highly motivated, committed to highest ethical standards.
- Committment to sustainable development.
- Willingness to travel.
How to Apply
Applications must be submitted through online process.
For more information, please visit IFC.
