Programme Policy Officer (Disaster Risk Financing Strategy and Insurance) - SSA9

1. Background and Context 

The Government of Rwanda through MINECOFIN, MINEMA and NBR remains firmly committed to strengthening national resilience, safeguarding macroeconomic stability, and sustaining inclusive development through the formulation and implementation of strategic policy frameworks. In this regard, the Government has prioritized measures aimed at mitigating disaster-related fiscal risks and enhancing the overall performance and contribution of the insurance sector to national development. 

Rwanda continues to face recurrent natural hazards, including floods, landslides, droughts, and earthquakes, which result in loss of life, damage to critical infrastructure, displacement of communities, and disruption of livelihoods. The increasing frequency and severity of climate-related events present significant fiscal pressures and pose risks to sustainable development gains. These evolving challenges underscore the necessity for a proactive and comprehensive Disaster Risk Financing (DRF) Strategy to ensure coordinated, forward-looking, and climate-resilient financial preparedness and response mechanisms. 

In parallel, and in recognition of the strategic role of insurance in promoting economic stability, risk transfer, and financial inclusion, the Government, in collaboration with key stakeholders, developed a Comprehensive 10-Year National Insurance Strategy (NIS). The Strategy aims to expand insurance penetration, strengthen regulatory and supervisory frameworks, enhance customer-centric and inclusive insurance solutions, promote digital innovation, and build resilience against natural disasters and emerging economic shocks. The NIS provides a structured roadmap to unlock the insurance sector’s potential as a driver of economic transformation and social protection. 

The effective implementation of both the Disaster Risk Financing Strategy and the National Insurance Strategy requires robust coordination mechanisms, strengthened institutional capacity, and a comprehensive monitoring and evaluation framework to ensure accountability, efficiency, and measurable impact. It is within this strategic context that the Ministry of Finance and Economic Planning (MINECOFIN) intends to recruit a qualified consultant firm or individual consultant to support the coordination, monitoring, and evaluation of the implementation of these two national strategies.

2. Objective of the Assignment 

The overall objective of this consultancy is to support MINECOFIN in coordinating, monitoring, and evaluating the implementation of the Disaster Risk Financing Strategy and the National Insurance Strategy (NIS), ensuring effective execution, accountability, stakeholder alignment, and measurable impact. 

3. Specific Objectives 

•  Develop and operationalize a coordination framework for the implementation of both strategies. 

•  Design and institutionalize a robust Monitoring and Evaluation (M&E) framework with measurable KPIs as highlighted in individual strategy M&E Framework. 

•  Facilitate stakeholder collaboration and ensure alignment among implementing institutions. 

•  Provide technical advisory support to address implementation challenges and emerging risks. 

•  Strengthen institutional capacity for sustainable long-term implementation. 

4. Scope of Work 

4.1. Strategic Review and Alignment 

• Analyze and ensure that results-based performance targets, as defined in the existing DRF and NIS strategies, are effectively achieved through a coordinated mechanism involving concerned institutions and stakeholders. 

• Map institutional enablers required for the implementation of the strategies and advise the Government on strategic actions needed to address identified implementation challenges. 

 4.2. Implementation Coordination and Support 

• Establish a structured coordination mechanism and clearly define institutional roles, responsibilities, and reporting lines. 

• Provide technical capacity support to policymakers and relevant institutions to implement proposed insurance sector reforms, financial inclusion initiatives, and resilience-building insurance products. 

• Organize stakeholder consultations and roundtable workshops to strengthen alignment, ownership, and collaboration among implementing entities. 

 4.3. Monitoring, Evaluation, and Reporting Framework 

• Develop robust monitoring tools, standardized reporting templates, and performance dashboards to ensure that implementation is data-driven and that progress is systematically tracked and documented. 

• Prepare periodic progress and evaluation reports highlighting performance achievements, challenges, and recommended corrective actions. 

 5. Expected Deliverables 

The deliverables for this include but not limited to the following. 

 a) Inception Report: Submitted within 30 days Calendar days of contract signing, outlining the methodology, detailed work plan, and stakeholder engagement plan for the assignment.  

b) Comprehensive review and gap analysis of all targeted financial sector strategies that will enable the implementation of DRF and NIS Strategies. 

c) Capacity building program reports and training materials. 

d) Quarterly progress reports summarizing achievements, challenges, and recommendations. 

e) Annual performance and learning reports. 

f) Final comprehensive consultancy report at the end of the assignment. 

6. Eligibility and Qualification Requirements 

a) Demonstrated financial and operational capacity to deliver large-scale, complex advisory assignments. 

b) Degree(s) in Economics, Finance, Business Administration, Insurance, climate related fields, Public Policy, or related fields. Desired advanced degree (Master’s or higher) 

c) 9 years of proven experience in financial sector strategy advisory, implementation support, or large-scale transformation programs. 

d) Demonstrated experience supporting governments, ministries of finance, central banks, or financial regulators. 

e) Proven track record in coordinating multi-stakeholder, multi-institutional programs at national or regional level. 

f) Strong experience in at least three of the following areas: 

• Financial sector strategy implementation 

• Insurance and disaster risk financing 

• Monitoring and evaluation of sector-wide reforms 

g) Experience working in emerging markets and developing economies is strongly preferred. 

h) Strong analytical, data management, and digital systems capabilities. 

i) Proven quality assurance and knowledge management systems. 

j) Excellent communication, reporting, and stakeholder engagement skills. 

6.1. Value-Added Considerations 

k) Experience advising on national-level financial sector reforms of comparable scale and complexity. 

l) Ability to integrate global best practices with local context. 

m) Strong reputation for integrity, professionalism, and delivery excellence.