NEWS IN PIRA
Vacancy as of December 16, 2020
(1) Vacancy at Asian Re for the Post of Vice President/Deputy Vice President – Reinsurance Technical Department
Deadline: January 31, 2020
Download the files for application here.
As of February 4, 2021
Restoration Insurance Service Company (RISCO) Senior Director – Conservation International
Conservation International Foundation (CI) is the proponent of RISCO, a first-of-its-kind sustainable business model for investing in mangrove conservation and restoration, generating revenue from insurance companies that pay to lessen their risk exposure, and from the sale of blue carbon credits. Specifically, RISCO aims to capture the economic value of threatened mangroves upfront (before they are destroyed) through two revenue streams:
(1) insurance-related payments for the modelled flood risk reduction benefits of mangroves and (2) blue carbon payments for the validated climate mitigation value of mangroves. More information about the instrument can be found here:
CI aims to develop RISCO pilot projects in two to three sites over the next two years. Three key phases until anticipated financial closure of the pilot projects will consist of (1) site selection, (2) business case development, including return on investment analysis, and (3) pilot structuring / negotiation of transactions.
The RISCO Senior Director will be a senior position based at CI’s office in Manila, Philippines. The Senior Director will work with both a Development and Advisory Team which will be responsible for RISCO’s overall success and a Pilot Delivery Team which will be responsible for delivering the pilots in the Philippines (and potentially one other country in Asia-Pacific). Team members are based in the United States, the Philippines, and Singapore.
The position is a fixed two (2) year commitment.