Head of Underwriter`s

Islami Insurance Bangladesh Limited

Islami Insurance Bangladesh Limited

Islami Insurance Bangladesh Limited

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Summary

  • Vacancy: 01
  • Age: at least 40 years
  • Location: Dhaka
  • Salary: Negotiable
  • Experience: At least 12 years
  • Published: 20 Nov 2024

Requirements

Education

  • M.Com/MBA Finance/Master of Insurance and Risk Management (MIRM)/ having degree of ABIA/ACII (UK/Malaysia) will get preferred.

    Experience

    • At least 12 years
    • The applicants should have experience in the following business area(s):
      Insurance

    Additional Requirements

    • Age at least 40 years
    • Analyze financial data

    • Evaluate degree of financial risk

    • Follow contract, property, or insurance laws

    • Gather relevant financial data

    • Identify financial risks to company

    • Inspect property

    • Make decisions

    • Review data on insurance applications or policies

    • Use computers to enter, access and retrieve financial data

    • Write business correspondence

    • Proven works experience in reputed non-life Insurance Company

    • Sufficient knowledge of modern communication techniques and best practices

    • Familiarity with industry’s rules and regulations and must have Excellent Leadership skills. 

    Responsibilities & Context

    • Insurance Head of Underwriter’s Tasks Performed

    • Authorize reinsurance of policy when risk is high.

    • Decline excessive risks.

    • Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe profitable distribution of risks, using reference materials.

    • Evaluate possibility of losses due to catastrophe or excessive insurance.

    • Examine documents to determine degree of risk from such factors as applicant financial standing and value and condition of property.

    • Review company records to determine amount of insurance in force on single risk or group of closely related risks.

    • Write to field representatives, medical personnel, and others to obtain further information, quote rates, or explain company underwriting policies. 

    Skills & Expertise

    General Insurance

    Underwriting (Insurance)

    Workplace

    Work at office

    Employment Status

    Full Time

    Gender

    Only Male

    Job Location

    Dhaka

    Source link

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