Agriculture Insurance Expert(Part time, Contractual)

Job Description

Title: Agriculture Insurance Expert(Part time, Contractual)

Company Name: Dream71 Bangladesh Limited (Dhaka)

Vacancy: 1

Age: At least 30 years

Job Location: Dhaka (Basundhara RA)

Salary: Negotiable

Experience:

• At least 8 years
• The applicants should have experience in the following business area(s): Insurance, Agro based Startup

• Bachelor/Honors

• At least 8 years
• The applicants should have experience in the following business area(s): Insurance, Agro based Startup

• Age At least 30 years

1. Agricultural Insurance Risk Assessment

   • Assess agricultural and environmental risks affecting farmers, crops, and agricultural value chains.

   • Analyse climate-related risks and their implications for agricultural insurance products.

   • Support the identification and characterization of key risks across different agroecological zones and farmer segments.

2. Insurance Product Development

   • Review existing agricultural insurance products and risk models under the Uganda Agricultural Insurance Scheme (UAIS).

   • Contribute to the design and refinement of climate-sensitive and fit-for-purpose agricultural insurance products.

   • Support the development and validation of prototype insurance products using integrated climate, agricultural, exposure, and historical loss data.

3. Premium Calculation and Pricing

   • Develop and/or validate premium calculation approaches using relevant agricultural, climate, and historical loss information.

   • Provide technical inputs to improve pricing accuracy and reduce uncertainty in agricultural insurance underwriting.

4. Loss Modelling

   • Develop, review, and validate agricultural loss models using historical loss, climate, exposure, and agricultural data.

   • Analyse relationships between climate events and agricultural losses to support more accurate risk estimation.

   • Contribute to reducing basis risk through improved risk modelling and product design.

5. Climate and Agricultural Data Interpretation

   • Interpret meteorological, hydrological, agricultural, and economic data relevant to agricultural insurance.

   • Translate climate indicators and agricultural datasets into actionable insurance-risk insights.

   • Support the integration and interpretation of climate indicators such as rainfall anomalies, vegetation stress, soil moisture and evapotranspiration in insurance applications.

6. Risk Scoring and Exposure Analysis

   • Provide technical inputs to risk-scoring methodologies for farmers, crops, portfolios, and geographical areas.

   • Support farmer segmentation and exposure modelling to enable differentiated insurance solutions.

   • Contribute to analytical tools that assess risk at farmer, portfolio, and national levels.

7. Decision-Support Tools

   • Provide insurance-sector requirements and technical inputs for the development of CDP decision-support tools.

   • Support development of tools for insurance product design, pricing, risk assessment and risk-sharing.

   • Review and validate the assumptions, methodologies and outputs of insurance-related analytical models.

8. Reinsurance and Risk-Sharing

   • Provide technical inputs to evidence-based reinsurance and risk-sharing frameworks.

   • Support analysis of portfolio risks to inform reinsurance arrangements and capital allocation.

   • Contribute to recommendations on layered reinsurance structures, public-private pooling mechanisms and subsidy models.

9. Pilot Testing and Validation

   • Participate in testing the Climate Data Platform and decision-support tools in the selected pilot districts.

   • Validate whether the platform's outputs are relevant and practical for agricultural insurance applications.

   • Participate in stakeholder validation workshops with insurers, regulators and value-chain actors and incorporate agreed feedback.

10. Stakeholder Engagement and Knowledge Transfer

    • Work closely with stakeholders, insurers, regulators and other relevant actors to understand agricultural insurance requirements.

    • Support knowledge sharing and capacity building on the interpretation and application of climate and agricultural insurance data.

    • Contribute to training materials and practical guidance for users of the platform.

11. Technical Reporting and Recommendations

    • Provide technical inputs to inception reports, pilot testing reports, use-case reports and other project deliverables.

    • Document lessons learned and provide recommendations for improving agricultural insurance applications.

    • Contribute to the development of the national scale-up strategy for the Climate Data Platform.