Event

Call for Expression of Interest (EoI)

Training of Trainers (ToT)

International Certification in Inclusive Insurance

Jointly Organized by

University of Dhaka
United Nations Development Programme (UNDP)

1. BACKGROUND

Bangladesh faces an increasingly complex risk landscape characterized by climate-induced shocks, public health emergencies, income volatility, and systemic socio-economic vulnerabilities. These risks disproportionately affect communities engaged in the country’s vast informal economy—comprising smallholder farmers, fishers, micro, small and medium enterprises (MSMEs), and low-income households. Although these groups collectively generate more than half of the national GDP and constitute nearly half of the population, they remain largely excluded from formal financial risk protection mechanisms due to persistent barriers related to affordability, accessibility, and relevance of insurance products.

Inclusive Insurance, often described as “insurance for all,” presents a sustainable and market-driven solution to address these challenges. By focusing on the development and delivery of customer-centric, affordable, and accessible insurance solutions tailored to underserved populations, inclusive insurance plays a critical role in safeguarding livelihoods, stabilizing household incomes, mobilizing private capital, and strengthening national social protection and disaster risk financing mechanisms.

Despite its transformative potential, inclusive insurance in Bangladesh remains significantly underdeveloped. A principal constraint is the acute shortage of skilled professionals and institutional capacity across the insurance value chain. Key functional gaps persist in product design, underwriting, claims management, distribution, regulatory compliance, and customer engagement—further exacerbated by rapid digitalization, increasing climate risks, and heightened expectations for transparency and consumer-centric services.

Closing these capacity gaps through high-quality, internationally benchmarked training and professional certification is both urgent and strategic.

1. PROGRAMME OVERVIEW

In response to this critical need, the University of Dhaka, through its Center for Policy Research on Business and Development (CPRBD-DU), in close partnership with the United Nations Development Programme (UNDP), is pleased to announce the launch of a Training of Trainers (ToT) Programme leading to International Certification in Inclusive Insurance.

This elite programme is delivered by a UNDP-endorsed International Master Trainer and is designed to develop a cadre of internationally certified Inclusive Insurance Expert Trainers. Graduates of the programme will be empowered to design, deliver, and scale inclusive insurance capacity-building initiatives, thereby institutionalizing global best practices within Bangladesh’s insurance ecosystem and beyond.

1. OBJECTIVES

The primary objective of the Training of Trainers programme is to:

• Develop a pool of highly qualified, internationally certified trainers with advanced technical expertise and pedagogical proficiency in inclusive insurance.
• Facilitate the sustainable transfer of global best practices to the local insurance market.
• Establish long-term training partnerships between the trainer, and University of Dhaka, to strengthen national and regional capacity for inclusive insurance.

1. STRUCTURE OF THE TRAINING OF TRAINERS

The ToT programme comprises four comprehensive modules, each spanning four to six days

The programme follows a two-step process:

• Completion of intensive ToT sessions conducted by the International Master Trainer.
• Conduct Classroom delivery of training to industry participants, under the supervision, and performance evaluation by the Master Trainer.

Only candidates who successfully complete all four modules and meet performance standards will be awarded the “Trainer Certificate on Inclusive Insurance”, jointly issued by UNDP and the University of Dhaka.

1. BENEFITS FOR SELECTED TRAINERS

Selected candidates will receive an exceptional professional opportunity to:

International Recognition

• Obtain an internationally recognized certification endorsed by UNDP, positioning them as globally acknowledged Inclusive Insurance Expert Trainers.

Professional Leadership

• Lead national capacity development initiatives and contribute to building a specialized cohort of inclusive insurance champions within Bangladesh.

Career Advancement

• Enhance professional credibility and visibility through formal association with a prestigious, long-term UNDP initiative.

Sustained Engagement

• Serve as certified trainers for ongoing inclusive insurance programmes led by the University of Dhaka and UNDP, ensuring continued professional growth and engagement.

Development Impact

• Play a pivotal role in expanding inclusive insurance markets, strengthening financial protection for underserved populations, and contributing meaningfully to Bangladesh’s sustainable development agenda.

1. ELIGIBILITY CRITERIA

Applicants must demonstrate the following minimum qualifications:

• Education: Undergraduate degree in finance, economics, actuarial science, or a related discipline. A master’s degree or postgraduate qualification is highly desirable.
• Professional Experience in Insurance: At least two years of experience in inclusive or microinsurance; alternatively, five years of experience in other insurance domains.
• Experience in Rural Finance / Social Finance: Minimum two years of relevant professional experience in Bangladesh.
• Training Experience: At least two years of experience delivering professional training in insurance, finance, or related fields.
• Language Proficiency: Demonstrated professional proficiency in English.
• Commitment: Willingness to commit to a minimum one-year engagement with CPRBD-DU as a certified trainer.

1. APPLICATION PROCEDURE

Interested candidates are invited to submit their application through the  https://forms.gle/sUzFf4pa7EmC4AGS6

Application Deadline: 10 January

Programme Fee: BDT 15,000 per Module

(Payable upon selection. Installment facility available for eligible candidates)

Applicants must submit:

• A formal Cover Letter
• Proof of identification (NID or Passport)
• A comprehensive Curriculum Vitae detailing professional experience and training history

Please note that once selected for an interview, candidates will be required to submit evidence to support claims made in their personal statements against Criteria no. 1, 2, and 3. Evidence may include, for example, relevant educational certificates and experience certificates.

Selection Process

1. Only complete applications submitted through the link provided in the Application Procedure section will be considered.
2. During the two-phase selection process, candidates will first undergo a preliminary evaluation based on submitted documents. In the second phase, selected candidates will be invited to an interview with the Selection Committee to share their background, current activities, and future expectations relevant to this course.
3. Candidates will be notified of the preliminary and final selection results via email.

1. EVALUATION METHOD

The following scoring method shall be used to determine a candidate's preliminary eligibility and final selection. The preliminary score is 70, and the Interview score is 30. Preliminary scoring shall be conducted based on the submitted documents. Applicants who receive a minimum 60% score in the initial phase evaluation will be considered for the interview. Applicants will be evaluated using the following evaluation method.

1. CONTACTS ABOUT THE COURSE

If you have questions or require further information, please get in touch with:

Email your questions or queries to iitraining.cprbd@gmail.com