Insurance Expert (Surveillance and Stress Tests)
Prospera seeks to engage an Insurance Expert (Surveillance and Stress Tests) on a short-term basis (three – four months) to work within the Macro Financial Policy Team. The Insurance Expert will provide advice to the Finance Ministry’s Financial Sector Policy Unit (PKSK) and make policy recommendations to develop the insurance sector in line with the draft Omnibus Law on Financial Sector Development. The successful candidate will be able to conduct stress and scenario tests/simulations to strengthen the insurance surveillance as well as to build the capacity of PKSK Insurance Team.
Please click here to access the Terms of Reference detailing responsibilities and selection criteria:
About you (Selection Criteria)
The candidate will possess strong qualifications and experience as follows:
- More than 15 years in the insurance area and/or with regulatory experience.
- Broad understanding of the issues facing the insurance sector from regulatory and industry standpoints with a background from the insurance regulator and/or insurance market.
- Strong understanding of all aspect of the insurance business.
- Strong understanding of actuarial work.
- Familiarity with the Indonesian financial services sector and strong understanding particularly of the insurance industry environment.
- Strong Indonesian government and/or worldwide networks.
About the program
Prospera is a partnership facility between the Government of Australia (through Department of Foreign Affairs and Trade) and the Government of Indonesia. It aims to foster strong, sustainable, and inclusive economic growth in Indonesia. Commencing from 1 March 2018, Prospera is a planned five-year investment.
The remuneration will be set according to DFAT Adviser Remuneration Framework Group D, Job Level 4, for international candidates. The remuneration level at which the Insurance Expert is engaged will be based on the successful candidate’s relevant skills and experience. The role is based in Jakarta- Indonesia (or home-based).
How to apply
We welcome your interest in joining the Prospera team. Apply by sending your resume and covering letter (which will include a response to the selection criteria, max 3 pages for cover letter), with the reference Insurance Expert (Insurance Sector Surveillance and Stress Tests). Application must be received by 5pm (Jakarta time) on Monday, 18 October 2021. Applications not containing a response to the selection criteria may not be considered.
Cardno provides equal employment opportunities. We welcome and encourage applications from people of all backgrounds and abilities.
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We are a global provider of integrated professional services which enrich the physical and social environment for the communities in which we live and work. Our team of multidisciplinary specialists has more than 70 years’ experience in designing, developing and delivering sustainable projects and community advancement programs.
Cardno ID (International Development) has extensive experience managing a number of donor-funded programs in the Asia Pacific region. We engage in international development as a holistic, multidisciplinary and integrated process. Strengthened by our geographic and market diversity, we are committed to providing innovative and integrated solutions that create opportunities for significant, lasting change in emerging economies. Collaborating with multilateral and bilateral donors, private clients, governments and communities to develop sustainable solutions to complex challenges, we work with local counterparts to achieve meaningful impact.
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