National Consultant Selection for Jamuna River Disaster Risk Financing Project

Memo. No: 53.00.0000.091.14.043.2025-30 Date: 21/01/2026 Request for Expression of Interest (REOI) for Selection of Individual Consultant (National)

• Ministry/Division

Financial Institutions Division, Ministry of Finance

• Agency

Insurance Development and Regulatory Authority

• Procuring Entity Name

Project Director, Jamuna River Sustainable Management Project-1 (Disaster risk financing Component-3) (1st Revised)

• Procuring Entity District

Dhaka

• Expression of Interest for Selection of

Individual Consultant (National)

• Procurement Method

Selection of Individual Consultant (SIC)

• Budget and Source of Funds

Development Budget: International Development Association (IDA) and GoB

• Development Partner

IDA (World Bank)

• Project/Program Name

Jamuna River Sustainable Management Project-1 (Disaster risk financing Component-3) (1st Revised)

• Project/Code

223051900

• Place of EoI Submission Place

Jamuna River Sustainable Management Project-1 (Disaster risk financing Component) (1st Revised), (7th Floor) SBC Tower, 37/A, Dilkusha C/A, Dhaka-1000.

• EoI Closing Date & Time

February 08, 2026, at 12:00 PM (EoI shall have to be submitted following the standard application format, which is available at the website of the Insurance Development and Regulatory Authority (IDRA)’s website (www.idra.org.bd) within the EoI closing date and time. Application shall include all supporting documents in a sealed envelope.

• EOI Opening Date & Time

February 08, 2026, at 12:30 PM.

• The detailed information is given below:

Pkg No. Name of position & No. of Position Duration Required Qualification Required Experience and full Qualification SD-10 Consultancy for Placement Service of Insurance Product - Individual Consultant 01 (One) 200 days

• Masters in Finance, Accounting, Business Administration, Management, Statistics, Economics or relevant areas with coursework in insurance, finance, or risk management.
• Must demonstrate strong knowledge and practical experience in both international and domestic insurance and reinsurance markets, including capital market–based risk transfer instruments (e.g., catastrophe bonds, insurance-linked securities, swaps) and other innovative disaster risk financing mechanisms.
• Must have experience working with insurance and reinsurers to ensure the most appropriate coverage, trigger and coverage options through transparent, competitive negotiation/procurement processes.
• Other mentioned in the ToR

Detailed information about the scope and other requirements is available in the Terms of Reference (TOR) at the IDRA’s website (www.idra.org.bd) Project Director, Jamuna River Sustainable Management Project-1 (Disaster risk financing), now invites applications from eligible applicants to express their interest in providing their services (complete CV with detailed information about employment history with duties and responsibilities, expected remuneration, academic details, major publications (if any), contact address including telephone number & e-mail). The applicant will be selected by using the Selection of Individual Consultant described in the World Bank’s Procurement Regulation for IPF Borrowers (Fourth Edition, November 2020). It is expected that the service will commence in March 2026, and to be continued for up to June 2028 or the project period as amended. Professionals, both men and women, are strongly encouraged to apply. Any form of persuasion will result in disqualification. The procuring entity reserves the right to accept or reject any or all Expressions of Interest (EoIs) without providing any reason. (Kamrul Hoque Maruf) Project Director (Joint Secretary) Jamuna River Sustainable Management Project-1 (Disaster risk financing) Insurance Development and Regulatory Authority Agency: Insurance Development and Regulatory Authority Procurement method: Individual Consultant Selection Notice type: Request for Expression of Interest Status: Published Value: 74700.0 USD