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E T Consultant - Senior Reinsurance Officer

New
Finance and Risk department
Closes 31 Oct 2026 · 3 days EDT (UTC-4)
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Duty station conditions
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Job Description

At the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group (WBG), you’ll join a diverse, global community working across cultures, disciplines, and borders to address the world’s most pressing development challenges. With 1.2 billion young people reaching working age in the decade ahead, the challenge of job creation has never been greater. With 1.2 billion young people reaching working age in the decade ahead, the challenge of job creation has never been greater. Through partnerships across 145 countries and more than 182 offices worldwide, we work with governments, private sector, development partners and other stakeholders to invest in people, strengthen markets, and deliver scalable, data-driven solutions that generate more and better jobs and improve lives. MIGA’s guarantees help mitigate risks. In fiscal year 2026, the WBG Guarantee Platform delivered a total of $17.8 billion in guarantees. For more information, visit https://www.miga.org/ In addition to its traditional political risk guarantees, MIGA offers credit enhancement products that protect lenders against losses from the failure of a sovereign, sub-sovereign or State-Owned Enterprise (SOE) to make a payment when due under an unconditional financial payment obligation or guarantee related to an eligible investment. MIGA’s latest product addition are Trade Finance Guarantees. In addition, MIGA houses the WBG Guarantee Platform and as such has issued non-payment guarantees in an excess of loss position behind Policy Based Guarantees provided by IBRD. MIGA is seeking to recruit an Extended Term Consultant (ETC) as Senior Reinsurance Officer for its reinsurance team. The Agency is looking for a professional with deep technical and practical experience in credit- and political risk (re)insurance. Direct experience in managing a reinsurance program is a plus. The position will be based in Germany and will report to the Head of Reinsurance in the Finance and Risk department. The Senior Reinsurance Officer will be responsible for the placement of MIGA’s projects in the reinsurance market through a variety of programs in close cooperation with MIGA’s underwriting teams. The role requires in-depth knowledge of the credit- and political risk insurance product and its role in emerging market finance as well as the structuring of reinsurance programs. Duties and responsibilities:

  • Conduct reinsurance market tests and provide feedback to underwriting teams.
  • Place reinsurance with MIGA’s panel of reinsurers, including contract drafting and negotiation.
  • Manage MIGA’s existing reinsurance relationships and explore opportunities to expand those relationships.
  • Conduct periodic reviews of MIGA’s reinsurance programs and develop new structures.
  • As a member of an underwriting team, participate in and contribute to the relevant project review and - approval meetings.
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