Insurance Officer Job in Johannesburg | World Bank | JobsNoti

Apply for the latest Insurance Officer Job in Johannesburg, South Africa at World Bank. Explore new career opportunities on JobsNoti.com – Africa’s No.1 recruitment website.

Job Information:

  • Job Title: Insurance Officer – Investment and Credit Risk
  • Job #: req34987
  • Organization: IFC
  • Sector: Risk
  • Grade: GF
  • Term Duration: 3 years 0 months
  • Recruitment Type: Local Recruitment
  • Location: Johannesburg, South Africa
  • Required Language(s): English
  • Preferred Language(s): French
  • Closing Date: 12/1/2025 (MM/DD/YYYY) at 11:59pm UTC

Duties and Accountabilities:

  • Establish, evaluate and monitor the insurance coverage of IFC’s investments. Prior to an investment being made, this will require careful identification and assessment of project risks and appropriate insurance solutions.
  • Provide guidance to internal and external clients vis-à-vis risk assessment and insurance management value add service.
  • Draft sustainable risk transfer proposal and insurance provisions in legal investment documentation.
  • Negotiate insurance coverage with sponsors.
  • Provide assistance to clients to achieve positive and sustainable development whilst developing local insurance markets in emerging countries.
  • Provide leadership and guidance on non-recourse project financing involving multitude of Lenders without in-house capacity.
  • Provide guidance to clients in handling insurance claims where needed.
  • Provide value-added guidance on operational risk for upstream projects incubated by IFC

Selection Criteria:

  • Master’s university degree (finance, accounting, business, engineering) with international Insurance qualifications.
  • Minimum 5 years of working experience with a preference to those with experience in sophisticated construction and operational phase insurance within the insurance industry.
  • Sound familiarity with Sub-Saharan Africa insurance and reinsurance market, including CIMA country operations.
  • Strong Familiarity with Industries and Sectors, including Infrastructure, Energy, Financial Institutions, Manufacturing, Health and Education, among others.
  • Demonstrated ability to work with cross-functional teams to provide insurance guidance
  • Applied knowledge of innovative risk transfer solutions.
  • Demonstrated experience working and leading lenders’ insurance advisors workstream.
  • Ability to effectively multi-task and training internal and external clients.
  • Ability to work collaboratively across the organization with superior influencing and interpersonal skills, demonstrating the capacity to deliver results under stressful timetables and environments.
  • Self-starter with proven ability to work independently while being results-oriented, producing consistently high-quality results under tight deadlines.
  • Proven ability to work effectively under a complex matrix organization and multicultural environment.
  • Excellent presentation skills.
  • Excellent oral and written English skills: fluency in a second language, preferably French.

How to Apply:

Interested candidates should send their application through Online [Apply-Now]. For more details visit official website: www.worldbank.org

World Bank Overview:

The World Bank Group is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. The bank is headquartered in Washington, D.C., in the United States.