NRB Islamic Life Insurance PLC
Requirements
Education
Master of Business Administration (MBA)
Master of Arts (MA)
Professional qualifications in Insurance (ACII, FIII, Diploma in Insurance, etc.) will be considered an added advantage.
Experience
At least 15 years
The applicants should have experience in the following business area(s): Insurance
Additional Requirements
Age 35 to 50 years
Demonstrated expertise in:
Underwriting
Claims Management
Reinsurance
Policy Servicing
Life Insurance Operations
Product Development
Product Pricing & Rating
Responsibilities & Context
The incumbent will be responsible for providing strategic leadership and ensuring the efficient management of the Underwriting Department. The key responsibilities include, but are not limited to:
Lead and oversee all underwriting operations in accordance with the Company`s policies, regulatory requirements, and industry best practices.
Formulate, review, and implement underwriting guidelines, policies, and risk management strategies.
Ensure sound underwriting decisions through proper assessment of medical, financial, and mortality risks.
Supervise and coordinate activities relating to Claims, Reinsurance, and Policy Servicing & Corporate group operations.
Work closely with the Product Development and Actuarial teams in designing, developing, and reviewing life insurance products.
Evaluate product pricing and product rating to ensure competitiveness and profitability.
Maintain effective relationships with reinsurance partners and manage reinsurance arrangements.
Ensure compliance with all applicable regulatory requirements and internal control policies.
Lead, motivate, and develop departmental staff to achieve operational excellence.
Prepare management reports and provide strategic recommendations to senior management.
Skills & Expertise
Other Relevant Skills
Claims Processing (Insurance)
General Insurance
Underwriting (Insurance)
Compensation & Other Benefits
Mobile bill,Weekly 2 holidays
Festival Bonus: 2
Workplace
Work at office
Employment Status
Full Time
Job Location
Dhaka
To apply for this job email your details to apply@chakricircular.com