Head of Insurance & Finance Study (f/m/x) At Médecins Sans Frontières

MSF is an international humanitarian association which, for over 50 years, has been providing medical aid to populations affected by armed conflict, epidemics, pandemics, natural disasters or exclusion from healthcare. MSF is independent of all political, religious or military powers, and over 95% of its funding comes from private donations. It operates in almost 70 countries, and acts impartially, based on an assessment of medical needs.

The priorities of MSF’s Luxembourg section are to raise public awareness of humanitarian issues and to raise the funds needed to finance operations. In addition, an Operational Research Unit (LuxOR) puts its expertise at the service of the development of medical research in MSF’s field operations.

To support this work, MSF Luxembourg’s Communication and Fundraising Department is looking for a

Head of Insurance & Finance Study (f/m/x)

6-month fixed-term contract – Full-time

Job objectives

The world of finance is evolving and playing an increasingly crucial role in supporting NGOs and financing humanitarian crises. Beyond traditional donor funding for humanitarian crises, more and more financial instruments focused on social impact are emerging. These include social impact bonds, participatory finance, new forms of insurance and other mechanisms that enable investors to support projects with a positive social impact, including humanitarian initiatives. The private sector is also realizing that it has a role to play in making human and financial resources available for actions that have a positive impact on the world and society around us. They know that investors are increasingly looking for investment opportunities aligned with social and environmental objectives.

Finally, some innovative financial mechanisms, such as catastrophe bonds, are designed to provide rapid financing in the event of a humanitarian crisis. These instruments are structured to trigger funds as soon as an emergency situation arises.

At MSF, we’re looking for someone who can model these initiatives and put them to work for our NGO, to finance our humanitarian response in a different way.

Responsibilities

• Analyze innovative financial and insurance products and mechanisms corresponding to MSF’s needs and requirements, with a view to financing our humanitarian response in new ways.
• Investigate new forms of solidarity in the world of finance
• Pursue ongoing research and discussions with our partner AON, as well as with other external partners, on the modelling of an insurance fund for humanitarian catastrophes.
• To map out and make intelligible the mechanisms for financing emergencies within the MSF movement. If the feasibility studies are satisfactory and the project is viable, draft a “concept note” together with a provisional budget for the creation of this fund, which will be presented to international bodies.

Profile required

• Business school or Master’s degree in Finance / Insurance – 5 years’ higher education in banking, economics, taxation, law or equivalent experience of at least 5 years in banking.
• Required skills in financial innovation, project management and knowledge of the insurance industry
• Previous experience in similar projects with NGOs or social organizations.
• French and English required

Skills and know-how

• OUR MANAGERIAL VALUES ARE YOUR PERSONAL VALUES: Respect, Transparency, Accountability, Integrity, Trust, Empowerment
• Adhere to our Behavioral commitments
• Understanding of the challenges of the humanitarian sector
• Aptitude for analysis and research
• Ability to develop and project innovation
• Autonomy, sense of priorities and organization
• Thoroughness and ability to summarize
• Ability to interact with management and other stakeholders

Conditions

• 6-month full-time fixed-term contract
• Position based in Luxembourg* with the possibility of teleworking up to 2 days a week

*Other location/s where there is a contractual MSF entity within maximum +/- 3 hours difference to Luxembourg time zone could be exceptionally discussed. The final outcome depends on local legal limitations (residency, work permit, etc.) and on agreement with the MSF contracting office MSF entity/office of the/se location/s.

• If based in Luxembourg:
  • Gross monthly salary from 3850 euros according to MSF experience or similar
  • 18 lunch vouchers with a face value of €8.40 (2/3 paid by MSF)
• If other location: a local contract and MSF standard salary grid will then apply.
• Starting date: as soon as possible