Industry Analyst - Insurance

World Bank Group • Washington, DC

1d • Onsite

About The Position

Build a career with impact. Working at the World Bank Group (WBG) provides a unique opportunity to help countries solve their greatest development challenges. As one of the largest sources of funding and knowledge for developing countries, the WBG is a unique partnership of five global institutions dedicated to ending poverty, increasing shared prosperity, and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, the WBG works with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges.
The World Bank Group’s greatest asset is not its capital – it’s our people, their experience, and the lessons drawn from more than 80 years on the front lines of development. The new WBG Knowledge Bank brings the collective expertise together into a single, integrated system—combining insights from IBRD/IDA, IFC, and MIGA to deliver solutions that drive jobs and impact at scale.
The Knowledge Bank is organized into five Verticals—Digital and AI, Infrastructure, People, Planet, Prosperity - each combining public and private sector expertise under a unified leadership structure.
The WBG Prosperity Vertical helps countries accelerate inclusive growth and job creation; strengthen macro-fiscal foundations, including debt sustainability, debt management, domestic resource mobilization, and expenditure efficiency; promote a resilient and inclusive financial sector, business enabling policies and regulations, and trade facilitation; while advancing transparent, effective, accountable institutions.
Within the Prosperity Vertical, the Financial Services Sector (FSS) department promotes sound financial systems which in turn underpin economic growth and are crucial to the World Bank Group’s mission of alleviating poverty. Furthermore, deep and vibrant capital markets fund investment needed to support jobs, human capital and infrastructure.
The FSS’ Insurance team is responsible for ensuring that the right mix of best practice, investment, and advisory solutions are made available to our clients and WBG operational teams in the Insurance sector. The team works to strengthen insurance markets, improve risk management capabilities, and expand access to insurance services globally.
To support the growth of this business, we are seeking an experienced candidate with a solid technical background in insurance and sound business judgment for the position. The Industry Analyst must demonstrate business sense and responsiveness in interactions with others, being able to form relationships with counterparts and mid-level clients and stakeholders to exchange information needed for transaction or portfolio processing.
The position will be based in Washington, DC, and will report to the Manager, Banking, Housing and Insurance, Solutions & Impact.

Requirements

• Bachelor’s degree (graduate degree preferred) in Finance, Economics, Actuarial Science, Risk Management, Business Administration, or related field with at least 2-3 years relevant experience.
• Demonstrated knowledge of the insurance industry in emerging markets.
• Proven track record in producing high-quality market intelligence outputs.
• Capacity to manage multiple tasks and deadlines efficiently.
• Ability to work both independently and collaboratively.
• Fluency in English required; fluency in French or Spanish desired.
• Willingness to travel extensively as needed

Responsibilities

• Help Industry Specialists screen projects at early stages for financial viability, risk, and developmental impact.
• Support Industry Specialists through the appraisal process as well as during operational reviews of existing clients.
• Assist Industry Specialists in the development and deployment of new products such as the reinsurance credit guarantee facility; climate and disaster risk management instruments; index insurance and platforms supporting investments and advisory services to institutions working with SMEs, women and smallholder farmers.
• Assist Industry Specialists in the management of IFC’s relationships with global insurance partners under our credit insurance programs.
• Analyze insurance operations and different business models in the relevant industry and country.
• Maintain cost and productivity databases for the relevant industry in emerging markets.
• Support Industry Specialists in maintaining and updating financial models and tools.
• Conduct industry, market, and company research.
• Participate in various aspects of IFC's deal approval process including concept note preparation, due diligence, appraisal and approvals.
• Assist with review of project information and technical documentation during the due diligence phase – including, amongst others, review of market projections, regulatory reporting, credit agencies reviews, investor relations presentations, financial statements, audit reports, review of project-related contract documentation, etc.
• Prepare investment-related documents for internal and external audiences.
• Assist with proactive technical monitoring of project portfolio during implementation and operational phases, review and summarize periodic project progress, covenant compliance, and operations reports as well as flag major issues.
• Perform analytics on markets, company performance, portfolio data and storage of market and other relevant information.
• Help design and maintain proper KPI database for portfolio companies and opportunities.
• Work on development and update of lessons learned database, technical handbooks, and knowledge management materials.
• Maintain current developed tools and templates and help in developing any other relevant projects and tools for the team. Some knowledge of coding language and advanced analytical packages (R, Python, VBA, Access…) would be appreciated.
• Complete filing and dissemination of relevant project reports and documentation.

Benefits

• The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level