Consultancy for Insurance Product Placement Service in Bangladesh Disaster Risk Financing Project

Government of the People's Republic of Bangladesh Jamuna River Sustainable Management Project-1 (Disaster risk financing Component) (1st Revised) Insurance Development and Regulatory Authority Financial Institutions Division, Ministry of Finance SBC Tower, 37/A, Dilkusha C/A, Dhaka-1000 E-mail: rsmpdrf@gmail.com Memo. No: 53.03.0000.091.14.049.2026.96 Date: 23/02/2026 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

March 12, 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) (www.idra.org.bd) within the EoI closing date and time. Application shall include all supporting documents in a sealed envelope which shall clearly state Package Number and Position applied.

• EOI Opening Date & Time

March 12, 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-010-Re Consultancy for Placement Service of Insurance Product 01 (One) 200 Days

• Education: Bachelor’s in finance, Accounting, Business Administration, Management, Commerce, Statistics, Economics or relevant areas with coursework in insurance or risk management.
• Experience: Must demonstrate strong knowledge and practical experience in both international and domestic insurance or reinsurance markets, and other innovative risk financing mechanisms.
• Must have experience working with insurer or reinsurers to ensure the most appropriate coverage, trigger and coverage options through transparent, competitive negotiation processes
• * further requirements available in ToR

The Project Director invites eligible applicants to express their interest by submitting a comprehensive CV. Applications should include a detailed employment history (noting specific duties and responsibilities), academic qualifications, expected remuneration, major publications (if applicable), and full contact details. Selection will follow the World Bank’s Procurement Regulations for IPF Borrowers (Fourth Edition, November 2020). The assignment is expected to commence in April 2026 and continue through June 2028, or for the duration of the project period. 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) Agency: Insurance Development and Regulatory Authority Procurement method: Individual Consultant Selection Notice type: Request for Expression of Interest Status: Published Value: 74700.0 USD