2021 International Labour Organization / Impact Insurance Fellowship Program
Deadline: July 25, 2021.
The Facility’s Fellowship Programme encourages professionals with substantial experience in financial services and/or insurance to use their expertise to effectively provide technical assistance to low-income markets.
Throughout the Fellowship engagement, fellows will provide technical and project management support to an innovation project of a leading practitioner in the selected country.
The Facility pre-selects the host and defines the innovation project together with the host organization. The project could range from the design of a new product, implementing a new digital technology solution, creating a public-private partnership or working with new distribution channels or service providers and will focus on one or more of the following themes:
- Bundling a range of financial services that improve consumers’ ability to manage risk
- Developing insurance solutions that extend or supplement existing social protection schemes
- Developing insurance and risk management products that benefit small-scale farmers and improve financial institutions’ risk management abilities
- Providing risk management solutions to MSMEs
- Delivering digital solutions that improve efficiencies and provide greater value to customer
- Mid-career insurance and/or financial services professionals who are keen to apply their skills to benefit the low-income and emerging markets.
- Who have worked in a technical capacity for at least three years may participate.
- University graduates with less than 3 years of professional experience may be offered a fellowship on an exceptional basis if they have a unique set of skills sought by a host.
The ideal fellowship candidates for a fellowship should:
- have relevant expertise to contribute to insurance and/or microfinance activities;
- be interested in working in developing countries and in development issues;
- have serious commitment to providing microinsurance and/or microfinance consulting services or practising as a microinsurance/microfinance professional on an ongoing basis after the assignment;
- have project management skills;
- be resourceful and capable of arranging practical necessities related to travel, life and work in a new environment
- be ready to work in a developing country for the duration of the fellowship
Successful candidates would also have:
- considerable self-initiative to be a proactive learner and to drive agreed upon activities forward
- the ability to achieve objectives and solve problems independently
- a willingness to challenge existing methods and explore a fresh approach to issues
- strong social skills and collaborative spirit
- the ability to work effectively and efficiently with staff at all levels of the relevant organization(s)
- a willingness to learn from all of those in the host environment
- a nurturing attitude that enables the fellow to pass on his/her technical expertise to the staff of the host organization.