The Director will be responsible for leading and executing the ARC Agency’s research and development strategy and work programme, ensuring ARC remains on the cutting edge of global parametric risk management and modelling technology innovation. This programme includes the design and launch of new insurance products and associated country work programmes (including flood, cyclone and outbreak and epidemic (O&E) risk), the further refinement and development of Africa RiskView for drought and on-going technical ARC Agency activities, the design and deployment of new financing initiatives, such as the Extreme Climate Facility (XCF), and the development of other special projects of the Director General.
Description du profil
With plans to add flood and tropical cyclone insurance products, ARC aims to expand the reach and coverage it provides and to contribute significantly to the G7’s goal of insuring 200 million vulnerable people in Africa by 2020. In addition, following the Ebola crisis, ARC was requested by its Member States to explore outbreak and epidemic risk coverage and is also working on a new climate adaption financing mechanism, called the Extreme Climate Facility, for eligible countries already managing their weather risk through ARC. All of these product and programme initiatives are managed by ARC Agency’s Research & Development Department.