Summary
This position is part of the U.S. International Development Finance Corporation (DFC) serving as a Insurance Projects Specialist (Political Risk Insurance Underwriter). You will manage the most complex, sensitive, or precedent-setting insurance projects that involve significant risk and judgments of insurable interests; requiring expertise in underwriting, country risk analysis, and establishing and documenting terms for insurability.
Duties
Perform a range of activities in the political risk insurance origination process, including reviewing business plans, project documents, loan agreements, contracts with foreign governments, and project information memoranda. Conducts due diligence on projects in developing countries which includes evaluating the political and sovereign risks, evaluating the financing structure of the project, and reviewing legal documents. Provides concise written analysis of pertinent host country political, sovereign, and project risks related to the developing country where projects are located. Developing structures using DFC's political risk insurance products that mobilize private sector capital in emerging markets. Presents the political risk insurance approval papers to the required approval committees and expertly explains the coverages, exclusions and risks. Negotiates and executes political risk insurance contracts that align with DFC requirements and priorities. Independently identifies new business opportunities that promote the DFC political risk insurance program, while managing relationships with clients, partners, as well as with other insurers and brokers. Please Note: This is a Bargaining unit position represented by AFGE, local 1534.
Education
This job does not have an education qualification requirement.
How you will be evaluated
You will be evaluated based on how well you meet the qualifications listed in this vacancy announcement. Your qualifications will be evaluated based on your application materials (e.g., resume, supporting documents), your responses on the application questionnaire, and your responses to all assessments required for this position. You will be assessed on the following competencies (knowledge, skills, abilities, and other characteristics): Attention to Detail Customer Service Decision Making Flexibility Influencing/Negotiating Integrity/Honesty Interpersonal Skills Learning Reasoning Self-Management Stress Tolerance Teamwork The USA Hire Assessments includes a cut score based on the minimum level of required proficiency in these critical general competencies. You must meet or exceed the cut score to be considered. You will not be considered for the position if you score below the cut score or fail to complete the assessment. Overstating your qualifications and/or experience in your application materials or application questionnaire may result in your removal from consideration. Cheating on an assessment may also result in your removal from consideration. You may preview the Application Questionnaire at: https://apply.usastaffing.gov/ViewQuestionnaire/13034889 Referral Method: The DFC adheres to the Rule of Many. Under Rule of Many, a numerical ranking process is used to evaluate applicants through validated assessments to produce a numeric score. Veterans' preference points (10- or 5-point) are then added to passing scores, and applicants are listed on the certificate in score order. This announcement uses the Mechanism C- Set number of highest-ranked eligibles method under 5 CFR § 332.402. All applicants tied at the cut line will be referred. We will provide the selecting official a sufficient number of names, when available, to consider at least three candidates per vacancy. If fewer than three eligible and available candidates per vacancy result, we will expand the group in accordance with our pre-announced supplement strategy and OPM policy. Simultaneous Listing: Candidates may be referred simultaneously on multiple certificates for which they are interested, eligible, and within reach.