Executive Officer, Claims

Peoples Insurance Company Limited, A Renowned Non-Life Insurance Company in Bangladesh

Peoples Insurance Company Limited, A Renowned Non-Life Insurance Company in Bangladesh

 

Peoples Insurance Company Limited, A Renowned Non-Life Insurance Company in Bangladesh

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Summary

  • Vacancy: 1
  • Age: 20 to 35 years
  • Location: Dhaka
  • Maximum Salary: Negotiable
  • Published: 30 Nov 2024

 

Requirements

Education

  • Bachelor/Honors, Bachelor of Business Administration (BBA) in Finance
  • At least a bachelor’s degree in insurance, finance, economics, or a related field from any reputed University.

Additional Requirements

  • Age 20 to 35 years

Responsibilities & Context

Job Context:

We are seeking a highly motivated and dynamic individual to join our team as an Executive Officer at Peoples Insurance Company Limited. As an Executive Officer in the Claims Department, you will play a crucial role in efficiently handling and resolving insurance claims. You will be responsible for reviewing claims, assessing damages, and ensuring timely and accurate settlements. This role offers an exceptional opportunity for career growth and development within the insurance industry.

Job Responsibilities:

  • Receive and log incoming claims.
  • Review claim documents to assess validity and completeness.
  • Conduct initial investigations to gather necessary information.
  • Investigate claims thoroughly, including on-site inspections if required.
  • Assess damages and losses accurately, adhering to company policies and procedures.
  • Collect and verify relevant documentation, such as property documents, repair estimates, and police reports.
  • Process claims promptly, ensuring compliance with regulatory requirements and internal guidelines.
  • Calculate claim payments and prepare settlement documents.
  • Communicate with claimants, agents, and other stakeholders to provide updates and address queries.
  • Identify potential fraudulent claims and report them to the appropriate authorities.
  • Follow applicable insurance laws

Educational Requirements:

Additional Requirements:

  • Age 20 to 35 years
  • Only males are encouraged to apply.
  • Experience in insurance claims will be an advantage.
  • Confident decision-making skills
  • Excellent knowledge of insurance policies and the ability to relate policy provisions to loss exposures will be an advantage.
  • Strong analytical and critical thinking abilities.
  • Excellent written and verbal communication skills in English & Bengali.
  • Attention to detail and accuracy in data analysis.
  • Ability to work well under pressure and meet deadlines.
  • Proficiency in Microsoft Office applications (Word, Excel, PowerPoint).
  • A positive attitude and willingness to learn and grow within the insurance industry.
  • Strong ethical values and commitment to maintaining confidentiality.

Skills & Expertise

Computer skill

Ms Excell

MS Word

Powerpoint

Compensation & Other Benefits

  • Provident fund, Weekly 2 holidays, Gratuity, Insurance
  • Salary Review: Yearly
  • Festival Bonus: 2

Other Benefits: As per company policy.

Workplace

Work at office

Employment Status

Full Time

Job Location

Dhaka

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To apply for this job email your details to admin@chakricircular.com