Insurance Projects Specialist (Political Risk Insurance Underwriter)

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. Applicants must meet all eligibility and qualification requirements no later than the closing date of this announcement. You may qualify at the GS-14 level, if you fulfill the following qualification requirements: A. One year of specialized experience equivalent to the GS-13 grade level in the Federal service that includes: 1) Completing the full range of origination of international political risk insurance or project finance transactions; 2) Conducting due diligence on political risks related to international finance transactions; 3) Developing and maintain key relationships with new and existing clients to source business development opportunities; AND 4) Conducting financial and credit analysis and negotiating legal agreements. Note: Education is not substitutional at this grade level. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. This position is being advertised concurrently with vacancy announcement 26-OE-ST-13034890-AQ using Merit Promotion (MP) procedures. If interested, refer to that announcement to determine if you meet MP requirements and can apply to that announcement. NOTE: You must apply separately to each announcement in order to be considered under both. This announcement may be used to fill similar positions, if additional vacancies occur. 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. Security clearance required: Secret

Education This job does not have an education qualification requirement.