Intern (m/f) in Financial Systems Development and Insurance

Field of activity

At the United Nations Climate Change Conference (COP 21) in December 2015, Parties to the United Nations Framework Convention on Climate Change (UNFCCC) reached a historic agreement to combat climate change and strengthen the global response to the threat of climate change. The insurance industry played a key role at the UN Climate Summit in 2014 and was instrumental in mobilizing momentum for the Paris Agreement in December 2015. Furthermore, the new agreement underlines that both areas of mitigation and adaptation are of equal relevance and importance to future national plans to strengthen the ability to deal with the impacts of climate change. The importance of suitable and sustainable insurance solutions is also reflected at the G7 Initiative on Climate Risk Insurance adopted at the G7 Summit in Elmau/Germany in June 2015. The initiative aims to increase access to direct or indirect insurance coverage against the impacts of climate. Another milestone is the Sendai Framework for Disaster Risk Reduction 2015-2030 adopted in March 2015 at the Third UN World Conference in Sendai. Insurance is one element to reduce the financial impact of natural disaster and to increase resilience. In addition to its importance in the political climate dialogue (UNFCCC) the subject is also of increasing importance in German international cooperation, because both risk mitigation and risk adaptation to climate change present a growing challenge to all partner countries of German international cooperation.

In response to these and the expected negotiation agreement in Paris 2015, the German Ministry of the Environment, Nature Conservation, Building and Nuclear Safety (BMUB) funded a project to strengthen the resilience of our partner countries’ societies towards unforeseen extreme weather events and natural disasters. This is achieved through the implementation of Integrated Climate Risk Management and Transfer concepts on droughts and floods and the development individual concepts (urban sector, tourism, renewable energies) in three different countries.

The project has been designed to work on the global level and in the context of the UNFCCC climate change dialogue, as well as on country level in Ghana to integrate specific lessons learnt and good practice related to integrated climate risk management. This concept has been jointly developed by GIZ and the Munich Climate Insurance Initiative (MCII).

Your tasks

• You assist in preparing and carrying out analyses and projects
• You prepare presentation materials and concept papers on various topics
• You support your team at the substantive and logistical preparation of events and workshops
• You do research on various topics in the area of climate risk management
• You support the team in knowledge management and information exchange
• You assist in the general day to day business and take on administrative tasks

Your profile

• You have just completed your Bachelor's or Master's degree in Economics or Disaster Risk Management or Climate Change Adaptation or related fields or are nearing completion of your Master's program
• You can demonstrate some experience in financial sector / financial system development from internships or university works
• You have gained experience through internships or exchange semesters in developing countries
• You have a very good command of spoken and written English
• You have good knowledge of the standard Microsoft Office applications
• You have above-average organizational skills, structured thinking, efficient and self-organized and can be quickly and dive comprehensively into new topics.
• You are at best six months available
• Finally, you bring joy to team work and good communication skills with you