International Volunteer Opportunity: Insurance risk managment advisor, Ghana
WHERE: Accra, Ghana with some rural travel
DURATION: One month
WHEN: Flexible, as late as January 2013
APPLICATION PROCESS: Please submit a letter of interest along with a resume to firstname.lastname@example.org. Application deadline: September 5, 2012.
*This is a voluntary assignment. All related costs including domestic airfare, ground transport, and a meal/incidental allowance will be covered by CCA. For more information contact Volunteer Co-ordinator, Sarah Feldberg.
The Ghana Co-operative Credit Union Association (CUA) Risk Management Program was established in 1986 as a separate department under CUA Ltd. The department houses an insurance program made up of two services, the Loan Protection Plan and Life Savings Plan. While the Risk Management Program is a substantial revenue generator for CUA, CUA recognizes the risk of maintaining these as self insured plans in a growing and maturing credit union system.
The emphasis of this volunteer assignment is to advise CUA on a medium to long term plan for re-engineering its insurance program. CUA envisions two main components for this assignment:
Review the sustainability of the the Loan Protection Plan and Life Savings Plan in order to recommend a phased implementation strategy. Ideally, this strategy would enable CUA to disengage without significantly impairing their revenue stream and improve the sustainability of the Risk Management Program.
Improve the management and product offerings of the Risk Management Program. The volunteer will be asked to review and recommend:
capital and premium rates
claims to premiums ratios
claims processing system
management processes and policies
the development of current and new products
contractual relationship between CUA and its member credit unions
The ideal candidate will have practical experience in the day to day management of an insurance office as well actuarial experience. Experience in establishing a new insurance company is an asset.
You will also:
be a Canadian citizen or landed immigrant
have demonstrated flexibility and cultural sensitivity
be in good health
be willing to adapt to hot climate, rough roads, long days, little to no internet access, different food and other realities of developing countries
Canadian Co-operative Association
The Canadian Co-operative Association (CCA) is a national association for co-operatives in Canada, representing more than ten million co-operative and credit union members from over 2,000 organizations. Individual co-op members are represented by CCA either directly through their co-operative, through their provincial co-op associations or credit union central, or through sectoral organizations. CCA provides leadership to promote, develop, and unite co-operatives and credit unions for the benefit of people in Canada and around the world. For more information about the mentorship program, visit our website.
Ghana Co-operative Credit Union Association (CUA) Ltd
As the name implies, the Ghana Co-operative Credit Union Association (CUA) Ltd. is the national association of credit unions in that West African country. Its membership includes approximately 400 credit unions throughout the country, from small rural credit unions to larger urban ones. The Canadian Co-operative Association has worked with CUA since 1988, both to strengthen its primary members and to strengthen CUA itself.
Core funding for this program is provided by the Partnership Program of the Canadian International Development Agency (CIDA) and CCA's charitable funding partner, the Co-operative Development Foundation of Canada (CDF).