Job Description

:Insurance & Banking Business Analyst - Technical Support Unit will work under the overall guidance and supervision of the National Programme Director-TSU. S/He will ensure engagement of all direct stakeholders and delivery of project objectives, in coordination with the Joint Secretary & CEO, DoA&FW, MoA&FW when needed.

• Perform credit need based modelling and determine the optimum delivery cost and sustainable interest intervention structures.
• Provide other necessary information and statistical inputs related to farming and crop production, including government support and subsidies needed.
• Liaising with the Lead Banks to follow the best practices in the industry for credit need assessment and service delivery.
• Collate and analyze data related to cultivated areas, production and yield of key crops, types of soils, percentages of agriculture under irrigation and rainfed, vulnerability of crops to weather and climate risks, farming system and types, and income levels of farmers.
• Undertake crop modelling and prioritization for the crops requiring credit facility and assist the Agri Finance and R&D Specialist product specialists in selecting farming areas for piloting.
• Develop a database on crop financing and Agri value chain financing, interest subsidy management, Digitized Land Record database, Crop and Agri value chain credit requirement analysis, etc that can process and generate reports to monitor credit take-up and supervise Agri financing operation.
• Provide training to concerned users on how to utilize the database in generating required information.
• Provide maintenance services and troubleshoot when problems occurred.
• Work closely with the Specialist Non-Life Actuary and Crop Insurance & R&D Specialist on credit facility.
• Provide timely inputs for the timely submission of all progress reports and presentations as may be required by UNDP, the Ministry of Agriculture.
• Create effective, visually engaging presentations within constraints of project deadlines.
• Perform any other task consistent with the level of the post and/or assigned by the National Programme Director - PMU.

Competencies:Core competencies:

• Achieve Results: LEVEL 1: Plans and monitors own work, pays attention to details, delivers quality work by deadline.
• Think Innovatively: LEVEL 1: Open to creative ideas/known risks, is pragmatic problem solver, makes improvements.
• Learn Continuously: LEVEL 1: Open minded and curious, shares knowledge, learns from mistakes, asks for feedback.
• Adapt with Agility: LEVEL 1: Adapts to change, constructively handles ambiguity/uncertainty, is flexible.
• Act with Determination: LEVEL 1: Shows drive and motivation, able to deliver calmly in face of adversity, confident.
• Engage and Partner: LEVEL 1: Demonstrates compassion/understanding towards others, forms positive relationships.
• Enable Diversity and Inclusion: LEVEL 1: Appreciate/respect differences, aware of unconscious bias, confront discrimination.

Cross-Functional & Technical competencies:Digital & Innovation

• Data analysis: Ability to extract, analyze and visualize data (including Real-Time Data) to form meaningful insights and aid effective decision making.
• Data privacy and digital ethics: Knowledge of ethical usage of digital technology (e.g. AI, robotics, automation) and data. Ability to assess ethical implications when using, combining or sharing data, when building or implementing AI systems, and when advising on robotization and automation etc. Ability to design privacy protocols to ensure data is protected and used for legitimate purposes without unnecessary privacy risks.
• Data engineering: Ability in programming languages such as SQL, Python, and R, be adept at finding warehousing solutions, and using ETL (Extract, Transfer, Load) tools, and understanding basic machine learning and algorithms.
• Data governance: Knowledge of data science, skills to develop data management tools, organize and maintain databases and operate data visualization technologies
• Working with Evidence and Data: Ability to inspect, cleanse, transform and model data with the goal of discovering useful information, informing conclusions and supporting decision-making.
• Data literacy: Understand the potential as well as the limitations of using data driven innovation; Ability to use a mix of data sources (quantitative, qualitative or real-time techniques) to develop understanding, identify patterns to inform decision making or identify opportunities for further exploration.
• System Thinking: Ability to use objective problem analysis and judgement to understand how interrelated elements coexist within an overall process or system, and to consider how altering one element can impact on other parts of the system.

Required Skills and Experience:Education:

• Advanced university degree (Master\'s degree or equivalent) in Statistics/ Economics / Business Analytics/ Business Administration is required, OR
• A first-level university degree (bachelor\'s degree) in Statistics/ Economics / Business Analytics/ Business Administration in combination with an additional two years of qualifying experience will be given due consideration in lieu of the advanced university degree

Experience:

• Up to 2 years (with Master\'s degree) or minimum 2 years (with Bachelor\'s Degree) of demonstrable experience in analyzing large datasets, specifically related to non-life insurance sector.
• High level of proficiency in preparing presentation and creative visualization.
• Additional years of demonstrable experience in analyzing large datasets, specifically related to non-life insurance sector.
• Relevant Experience at the national level working with Governments and private entities in the insurance sector.
• Two to four years of experience in the field of crop insurance.
• Relevant experience of working at the national level with Government and/or Private Entities, in the insurance and/or reinsurance sector.
• Progressively responsible roles in providing strategic inputs to senior management for new projects to achieve organizational objectives.
• Proven experience in working with and managing projects with multiple stakeholders including Central and/or State Government /national/ international/ public private organizations.
• Strong integrity and ethical standards.
• Promotes the Vision, Mission, and Strategic Goals of the organization.
• In-depth knowledge of Agriculture Insurance, product design, indemnity-based insurance, index-based insurance products, national policies and existing schemes, regulatory laws related to crop insurance, related concepts, policies, and practices.
• Broad based knowledge across cross cutting thematic areas such risk management, current rural insurance and finance schemes, outreach to insurers and implementing agencies, procurement procedures, environmental and social safeguards.
• Knowledge of legislative, legal and regulation structure in place with respect to crop insurance in India, will be an advantage.
• Demonstrates substantive and technical knowledge to meet responsibilities and requirements of the post with excellence.
• Knowledge and capability to handle strategic planning, results- based management, and reporting.
• Good communication skills.
• Ability to carry out research and communicate strategic advice that guides decisions on strategic programme directions.
• Ability to tailor and present information to diverse audiences using a variety of communication delivery methods (e.g., written, electronic, oral, interpersonal), including documentation.
• Good interpersonal skills and ability to establish and maintain effective partnerships and working relations with people in a multi- cultural, multi-ethnic environment with sensitivity and respect for diversity.
• Demonstrated skills in connecting with a wide range of stakeholders viz. insurance agencies, farmer organizations, state agencies, etc.
• Ability to lead consultative meetings and provide training at national and state level with partners and senior stakeholders to identify priorities and manage the timely delivery of project activities.
• Ability to consistently deliver results (both individual and as part of a team), even under difficult circumstances.
• Demonstrates excellent work/project planning skills.
• Openness to change and the ability to manage complex, ever- changing environments.
• Candidates with prior experience in managing team of 4-5 persons, will be preferred.
• Candidates with prior experience of providing technical advisory services in the insurance sector, will be preferred.

Required Languages:

• English and Hindi

Remuneration:

• Remuneration starting at INR (Annual) 14,35,933 / 1,19,661 INR (Monthly) as per the scale depending on qualifications and experience. The remuneration is excluding 8.33% pension amount paid over and above the salary.

DisclaimerUnder US immigration law, acceptance of a staff position with UNDP, an international organization, may have significant implications for US Permanent Residents. UNDP advises applicants for all professional level posts that they must relinquish their US Permanent Resident status and accept a G-4 visa, or have submitted a valid application for US citizenship prior to commencement of employment.UNDP is not in a position to provide advice or assistance on applying for US citizenship and therefore applicants are advised to seek the advice of competent immigration lawyers regarding any applications.

United Nations Development Programme