Job Opportunity for Non-Life Actuary Analyst at UNDP in New Delhi

Website UNDP

UNDP is committed to achieving workforce diversity in terms of gender, nationality and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence.
UNDP does not tolerate sexual exploitation and abuse, any kind of harassment, including sexual harassment, and discrimination. All selected candidates will, therefore, undergo rigorous reference and background checks.
UNDP has been working in India since 1951 in almost all areas of human development. Together with the Government of India and development partners, we have worked towards 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.

With projects and programmes in every state and union territory in India, UNDP works with national and subnational government, and diverse development actors to deliver people-centric results, particularly for the most vulnerable and marginalized communities. As the integrator for collective action on the Sustainable Development Goals (SDGs) within the UN system, we are 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.

UNDP India’s current Country Programme, 2018-2022, is in its final year of implementation. Our new Country Programme (2023-2027), which comes into effect in 2023, builds on our prior work and aims to provide an integrated approach to development solutions in three strategic portfolios:

  • Strong, accountable and evidence-led institutions for accelerated achievement of the SDGs
  • Enhanced economic opportunities and social protection to reduce inequality, with a focus on the marginalized
  • Climate-smart solutions, sustainable ecosystems and resilient development for reduced vulnerability

South-South cooperation, gender equality and social inclusion are promoted across the pillars. The programme is supported by a framework of renewed partnerships and blended finance solutions, strategic innovation and accelerator labs, and data and digital architecture.

You are invited to join a team of future-smart development professionals to support India in achieving the national and globally agreed goals. As part of the UNDP team, your focus will be to work with diverse stakeholders to find country-specific solutions that lead to sustainable development and reach those furthest behind first.

More than half of all livelihoods in India is primarily dependent on agriculture. A massive 54.6% of the total workforce is engaged in agricultural and allied sector activities and 57% of the rural households are directly dependent on agriculture for their livelihoods. However, the agricultural sector is facing various challenges like small landholding, declining productivity, rising input costs, declining farm income, the 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 KCC/MISS have become important tools to strengthen the resilience of Indian farmers. The schemes ensure maximum benefits for the 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, Kisan Credit Card/ Modified Interest Subvention Scheme (MISS) was introduced by the Government of India to provide cheap and hassle-free credit for millions of farmers and to ensure continued investment into agriculture to bring in mechanisation, modernise agriculture practices and eventually enhance productivity.

UNDP’s Country Programme Document (2023-2027) intended outcome 2 states that “By 2027, people will benefit from and contribute to sustainable and inclusive growth through higher productivity, competitiveness and diversification in economic activities that create decent work, livelihoods, and income particularly for youth and women”. UNDP leverages its expertise in systems strengthening to support the Ministry of Agriculture through setting up of Central Program Management Unit (CPMU) for the implementation of PMFBY and KCC, to improve institutional and programme responsiveness, increase coverage and better access among marginalised and excluded farm households, offering innovative measures and support mechanisms for Agri-value chain financing, risk management and reduced crop loss for the rural population in India. The PMU will also focus on providing Capacity Building and Training support to participating state-level government departments involved in PMFBY and KCC and advancing the scheme among new states for improved uptake.

Duties and Responsibilities

Direct Reporting To1: Senior Specialist Non-Life Actuary (NPSA 10)

Overall Reporting To2: National Programme Director (NPSA 11)

Reportees to this position (if applicable): N.A

The Specialist Non-Life Actuary – Technical Support Unit will work under the overall guidance and supervision of the National Programme Director-TSU. S/He will ensure engagement of all direct stakeholders and delivery of project objectives, in coordination with the Joint Secretary & CEO, DoA&FW, MoA&FW when needed.

  • Annual review of crop insurance results and underlying claims costs and comparison with the OGP (commercial) premium rates charged by individual insurance companies. Training for the State Governments and TSUs on actuarial and rating methods and interpretation of the results.
  • Work closely with Senior Specialist Non-Life Actuary, NPD – TSU and Crop Insurance Specialist – Product R&D and Standard on product design to incorporate features that are compatible with the existing underwriting guidelines.
  • Provide technical backstopping for inputs for training activities on actuarial and rating methods.
  • Support the Head – TSU for successful achievement of the project objectives.
  • Perform any other tasks consistent with the level of the post and/ or assigned by the Specialist Non-Life Actuary or National Programme Director – Technical Support Unit.


Core Competencies

  • Achieve Results: LEVEL 1: Plans and monitors own work, pays attention to details, delivers quality work by deadline
  • Think Innovatively: LEVEL 1: Open to creative ideas/known risks, is pragmatic problem solver, makes improvements
  • Learn Continuously: LEVEL 1: Open minded and curious, shares knowledge, learns from mistakes, asks for feedback
  • Adapt with Agility: LEVEL 1: Adapts to change, constructively handles ambiguity/uncertainty, is flexible
  • Act with Determination: LEVEL 1: Shows drive and motivation, able to deliver calmly in face of adversity, confident
  • Engage and Partner: LEVEL 1: Demonstrates compassion/understanding towards others, forms positive relationships
  • Enable Diversity and Inclusion: LEVEL 1: Appreciate/respect differences, aware of unconscious bias, confront discrimination

Cross-Functional & Technical Competencies

Digital & Innovation: Data analysis

  • Ability to extract, analyses and visualize data (including Real-Time Data) to form meaningful insights and aid effective decision making

Digital & Innovation: Data Collection

  • Being skilled in Data Sorting, Data Cleaning, Survey Administration, Presentation and Reporting including collection of Real-Time Data (e.g. mobile data, satellite data, sensor data)

Digital & Innovation: Data Strategy and management

  • Knowledge to draft or execute a data strategy or a data management framework

Digital & Innovation: Blockchain advice  – Knowledge of how blockchain works, and ability to advise on the opportunities and challenges for governments and society

Digital & Innovation: Digital inclusion –  Knowledge of how digital inclusion works, opportunities and challenges for governments and society

Digital & Innovation: Policy regulation for digital and emerging technology – Ability to design or advise on regulations and policy for digital and emerging technology. Ongoing research into emerging technologies and digital trends and the applications, risks, and opportunities associated with digital adoption, combined with the ability to communicate this synthesis with a broad audience

Finance: Financial risk – Ensures financial resilience through proactive assessment of risk, implementation of controls and taking mitigating action.   Understands   risk   and   reward   in   relation   to collaborative and commercial projects. Ensures a culture of positive risk management

Finance: Financial reporting and analysis –Understands changes in regulatory, legal and ethical frameworks and standards for financial reporting in the public sector. Ability to extract, evaluate financial data, derive relevant findings and present them in a meaningful and coherent manner to facilitate effective decision making and performance monitoring. Understands the benefits of integrated reporting, including non-financial resources such as human, social and intellectual capital, and environmental and governance performance

Required Skills and Experience


Bachelor’s Degree OR Master’s Degree in Actuarial Science or Statistics Econometrics or equivalent


  • 4 years’(Bachelor’ Degree) or 2 year (Master’ Degree) of demonstrable experience in the design and rating of crop insurance programmes in India
  • Relevant Experience at the national level working with Governments and private entities in the insurance sector
  • Additional years of demonstrable experience in the design and rating of crop insurance programmes in India
  • Experience of working with Central and/or State Governments/ national/ international/ public private organizations on similar assignments will be preferred
  • Prior technical advisory services in the insurance sector
  • Demonstrates integrity and ethical standards
  • Promotes the vision, mission, and strategic organization

Job Knowledge/Technical skills:

  • 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
  • He or she must possess strong quantitative and actuarial skills (reserving, pricing) and good knowledge of insurance and reinsurance products and finance enterprise. Actuarial qualification is desired. Working closely with the crop insurance product specialist, the actuarial specialist will undertake the following tasks
  • Broad based knowledge across cross cutting thematic areas such risk management, CCE, financial legal and regulatory standards, procurement procedures, environmental and social safeguards
  • Should have sound knowledge of legislative, legal and regulation structure in place with respect to crop insurance in India,
  • Demonstrates substantive and technical knowledge to meet responsibilities and requirements of the post with excellence

Communication skills:

  • Ability to carry out research and communicate strategic pieces that guide decisions on strategic programme directions,
  • Tailors and presents information to diverse audiences using a variety of communication delivery methods (e.g., written, electronic, oral, interpersonal) Documentation,
  • 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

Management skills:

  • Demonstrated skills in working with multi-disciplinary teams,
  • Ability to lead consultative meetings and provide training at national and state level with partners and senior stakeholders to identify priorities and manage the timely delivery of project activities,
  • Reliable in delivering own parts of the work as part of a team effort
  • Demonstrates excellent work/project planning skills,
  • Is open to change and ability to manage complex, ever-changing environments.


  • Excellent oral and writing skills in English and Hindi

Note: This position is open for India nationals only

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