Coordinate activities for designing and development of comprehensive agricultural insurance solutions. This will include:
- Value chain analysis for the integration of insurance into agri business models, universalization of the Pradhan Mantri Fasal Bima Yojna, etc.
- Facilitate integration of Sandboxing framework to pilot and launch the new products.
Facilitate review and analysis of existing international and domestic legislative and regulatory frameworks regarding comprehensive agriculture insurance
- Framing and drafting new policies, regulatory frameworks and implementing guidelines.
- Organise consultation workshops and seminars with key experts.
Lead institutional capacity building interventions for all the stakeholders to strengthen the foundations of policy and market transformation for insurance and risk finance.
- Facilitate trainings, advocacy, and knowledge exchange with stakeholders which include the government and public-private partners.
- Implement capacity needs assessments for different levels of stakeholders.
Support research and documentation for development of new insurance products, tools and services
- Document the India experience and facilitate data collection on outreach for the InsuResilience Global Partnership.
- Facilitate research for guiding development of agri insurance products.
- Support design and creation of global and national knowledge materials on best practices of comprehensive agriculture insurance products.
- Regular monitoring and reporting of all project activities.
Facilitate multi-stakeholder coordination with partner institutes and stakeholders responsible for implementation of the project.
- Set up and coordinate work of the Task Force and project team for designing, approving, testing and implementing Agri and Rural Insurance strategies and products.
- Engage in a multistakeholder process to identify and develop the elements of market foundations for agricultural insurance.
- Establish partnerships for designing and implementing new agricultural insurance products and integrate UNDP as a national multistakeholder coordination mechanism for agricultural insurance.
- The incumbent performs other duties within their functional profile as deemed necessary for the efficient functioning of the Office and the Organization.