Data Analytics & Strategic Insights Analyst - International Development Agency

Data Analytics and Strategic Insights Analyst (DASIA), International Development Agency (IDA), New Delhi

1. POSITION VACANT: Data Analytics and Strategic Insights Analyst (DASIA), International Development Agency (IDA), New Delhi

2. ORGANIZATIONAL BACKGROUND:

Our client is a respected International Development Agency (IDA) working in almost all areas of human development. Together with the Government of India and development partners, the IDA is focused on eradicating poverty, reducing inequalities, strengthening local governance, enhancing community resilience, protecting the environment, supporting policy initiatives and institutional reforms, and accelerating sustainable development for all.

Our client works in close association with the national and state governments, and diverse development actors, to deliver people-centric results, for the most vulnerable and marginalized communities. As the lead for collective action on Sustainable Development Goals (SDGs) within the international development agency fraternity, the IDA is committed to supporting the Government of India's national development vision and priorities and accelerating the achievement of the SDGs for the people and the planet.

- The IDA is seeking future-smart development professionals, to join their team to support India in achieving national and globally agreed goals. As part of the IDA team, the post-holder will focus on working with diverse stakeholders to find country-specific solutions that lead to sustainable development and reach those furthest behind first.

Project Description:

- More than half of all livelihoods in India are primarily dependent on agriculture. A massive 54.6% of the total workforce is engaged in agricultural and allied sector activities and 57% of rural households are directly dependent on agriculture for their livelihoods. However, the agricultural sector faces multiple challenges like small landholding, declining productivity, rising input costs, declining farm income, adverse impact of climate change, and decline in the percentage share of workers engaged in the agriculture sector. Agricultural production shocks have huge social and financial repercussions, impacting rural income levels, Gross Domestic Product (GDP) and poverty rates.

- The Government of India's flagship schemes, Pradhan Mantri Fasal Bima Yojana (PMFBY) and Kisan Credit Card/ Modified Interest Subvention Scheme (KCC/ MISS), have become important tools to strengthen the resilience of Indian farmers. The schemes provide a safety net for farmers by providing financial risk protection against natural calamities and catastrophic events including pests, climate uncertainties and environmental shocks.

Apart from providing comprehensive risk coverage for the entire crop cycle, PMFBY also enables direct claim transfer into farmers' accounts through e-remittance. Additionally, to address agrarian distress, MISS provides cheap and hassle-free credit to millions of farmers to ensure continued investment in agriculture for mechanisation, modernisation of agriculture practices and eventually, enhanced productivity.

- The IDA is supporting the Ministry of Agriculture in setting up a Central Program Management Unit (CPMU) for the implementation of PMFBY and KCC, focused on improving institutional and programme responsiveness, increasing coverage and better access among marginalised and excluded farm households, offering innovative measures and supporting mechanisms for agri-value chain financing, risk management and reduced crop loss for the rural population in India. The PMU also focuses on providing capacity building and training support to participating state-level government departments involved in PMFBY and KCC and advancing the schemes among new states for improved uptake.

3. JOB DESCRIPTION/ RESPONSIBILITIES:

Direct reporting to the Specialist Non-Life Actuary, the Data Analytics and Strategic Insights Analyst (DASIA) will work under the overall guidance and supervision of the National Programme Director-TSU. S/he shall ensure the engagement of all direct stakeholders and the delivery of project objectives, in coordination with the Joint Secretary & CEO, DoA&FW, and MoA&FW, when needed.

Key Responsibilities:

(1) Work closely on the National Crop Insurance Portal and Data Management processes, to maintain a National Database on Insurance underwriting and Claims for PMFBY and RWBCIS;

(2) Assess the quality of data available and propose solutions for its enhancement. Design and implement an analytical platform to perform various data analysis projects by stakeholders;

(3) Perform risk-based and crop modelling to assist states in formulating optimal scheme notification, including pricing, clustering and other risk management aspects;

(4) Assist implementing agencies/ State TSUs in developing their own analytical practices to improve scheme design and operational delivery;

(5) Review current policies and operational processes to identify areas of improvement and build strategies towards improving service delivery by various stakeholders and ensuring maximum benefit to scheme beneficiaries;

(6) Design and implement Proof of Concept (POC) for various strategic initiatives proposed;

(7) Identify project delivery issues and ensure effective coordination of project resources;

(8) Provide timely inputs to ensure the timely submission of progress reports, as required by IDA and the Ministry of Agriculture;

(9) Perform any other task consistent with the level of the post and/or assigned by the National Programme Director - TSU.

4. QUALIFICATIONS, EXPERIENCE AND COMPETENCIES:

(A) Qualification and Experience:

Essential:

(1) Master's Degree in Statistics/ Economics / Business Analytics/ Business Administration, or equivalent, with a minimum of two years of demonstrable experience in analysing large datasets, specifically related to the non-life insurance sector; OR

(2) Bachelor's Degree in Statistics/ Economics / Business Analytics/ Business Administration, or equivalent, with a minimum of four years of demonstrable experience in analysing large datasets, specifically related to the non-life insurance sector;

(3) Relevant experience of working at the national level with government and/or private entities, in the insurance and/or reinsurance sector .

Desirable:

(1) Additional insurance qualification from institutes such as the Insurance Institute of India/ National Insurance Academy, or equivalent, shall be an advantage;

(2) Additional years of demonstrable experience in analysing large datasets, specifically related to the non-life insurance sector.

(3) Two to four years of experience in the field of crop insurance;

(4) Progressively responsible roles in providing strategic inputs to senior management for new projects to achieve organisational objectives;

(5) Proven experience in working with and managing projects with multiple stakeholders including central and/or state government/ international agencies.

(B) Required Skills and Competencies:

(a) Core Competencies

(1) Demonstrated integrity and ethical standards;

(2) Alignment with and ability to promote the vision, mission, and strategic goals of the organization.

(b) Job Knowledge/ Technical Skills:

(1) In-depth knowledge of agriculture insurance, product design, indemnity-based insurance, index-based insurance products, national policies and existing schemes, regulatory laws related to crop insurance, related concepts, policies, and practices;

(2) Broad-based knowledge across cross-cutting thematic areas such as risk management, current rural insurance and finance schemes, outreach to insurers and implementing agencies, procurement procedures, environmental and social safeguards;

(3) Knowledge of legislative, legal and regulatory provisions applicable to crop insurance in India, will be an advantage;

(4) Demonstrated in-depth technical knowledge to fully address the responsibilities and requirements of the post;

(5) Knowledge and capability to handle strategic planning, results-based management, and reporting.

(c) Communication Skills

(1) Good communication skills;

(2) Ability to carry out research and communicate strategic advice that guides decisions on strategic programme directions;

(3) Ability to tailor and present information to diverse audiences using a variety of communication delivery methods (e.g., written, electronic, oral, interpersonal), including documentation;

(4) Good interpersonal skills and ability to establish and maintain effective partnerships and working relations with people in a multi-cultural, multi-ethnic environment with sensitivity and respect for diversity.

(d) Management Skills

(1) Demonstrated skills in connecting with a wide range of stakeholders viz. insurance agencies, farmer organisations, state agencies, etc.;

(2) Ability to lead consultative meetings and provide training at the national and state levels, with partners and senior stakeholders, to identify priorities and manage the timely delivery of project activities;

(3) Ability to consistently deliver results (both individual and as part of a team), even under difficult circumstances.;

(4) Excellent work/ project planning skills;

(5) Open to change, with the ability to manage complex, ever-changing environments.

Desired Skills and Competencies:

(1) Candidates with prior experience in managing a team of 4-5 persons, will be preferred;

(2) Candidates with prior experience in providing technical advisory services in the insurance sector, will be preferred;

Language Requirement

Excellent oral and writing skills in English and Hindi.

5. COMPENSATION OFFERED:

The starting remuneration package budgeted for the position is INR 19,95,955/- per annum. The offer made to the selected candidate shall be commensurate with qualifications, experience, and salary history. (Note: The above remuneration excludes 8.33% pension, paid over and above the salary amount.)

6. LOCATION: New Delhi

7. APPOINTMENT: This is a full-time position. Contracts shall be initially offered for one year, extendable based on performance.

8. REFERENCE: DASIA-IDA

9. CONTACT INFORMATION:

Team SAMS

Strategic Alliance Management Services P Ltd.
1/1B, Choudhary Hetram House, Bharat Nagar
New Friends Colony, New Delhi 110 025
Phone Nos.: 011- 4081 9900; 4165 3612

10. APPLICATION PROCESS:

Eligible candidates interested in the position are requested to apply using the link <> by or before November 4, 2023.

Candidates are urged to apply immediately, as interviews with suitable applicants are likely to be initiated almost right away.