The ILO's Impact Insurance Facility is looking for suitable candidates to take up fellowships with three new partners under its Fellowship Programme in the areas micro, small and medium enterprises (MSMEs). This vacancy announcement concerns the fellowship with Equity Insurance Agency focusing on change management.
Fellowship opportunity with Equity Insurance Agency in Nairobi, Kenya
Micro, small and medium enterprises (MSMEs) face many risks that increase their vulnerability and affect their ability to produce. Insurance is an effective risk management solution for MSMEs to manage these risks. The Facility will partner with Equity Insurance Agency in Kenya to provide effective insurance solutions for the MSME clients of Equity Bank. The project includes client segmentation, bundling, and delivery through bank branches and alternative delivery channels such as agents and digital platforms. The fellow will be responsible for supporting this project and also working through a change management process to position EIA to more effectively serve the MSME segment in the future. See the terms of reference for full details about this position.
Description of duties and expected outputs
The fellow will be responsible for supporting the project and to the extent possible assist in other strategic planning activities that might be relevant for the success of EIA.
Specific duties include, but are not limited to, the following:
· Managing overall project between ILO and EIA
· Bundling for SME’s across segments- how to bundle for different sectors then select a couple of products that can be implemented over the next 2 years
· Marketing, branding and promotion to drive the uptake of these insurance products
· ICT support particularly in building capabilities around distribution of the products through bank agents, Equitel (mobile network) and card merchants
· Capacity development of agency banking as a distribution channel for insurance products
· Explore opportunities to replicate the products in Kenya within other countries · Supporting regulatory product approval process
· Implementing the pilot and monitoring it
· Refining the solution after the pilot for scale up
· Supporting the strategy and change management process for EIA and relevant departments
· Executing the ILO’s change management framework
· Conducting business analysis and other relevant research on the ongoing basis to respond to learning agenda questions
· Documenting lessons related to learning agenda
Required qualifications
Education
· Advanced degree in Economics, Management, Insurance or other relevant field
Experience
· Over 7 years of work experience in insurance or related industry
· Experience working in Africa is a plus
· Experience working with MSMEs is a plus
Desirable skills in:
· Project management
· Business analysis
· Insurance product design and operations
· Mass market distribution strategies
· Digital technology
· Change management
Language
· Excellent written and oral communication skills in English ¿
HOW TO APPLY:
The deadline for applications to the fellowship positions is 10 August 2016 (midnight CEST). Click here to apply now. More information about the Fellowship Programme can be found by clicking here.
