Assistant Manager (Underwriting)

Job Description

Title: Assistant Manager (Underwriting)

Company Name: City General Insurance Company Limited

Vacancy: Not specific

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Graduate/ Masters/MBA from any reputed university.

Experience Requirements:
∎ At least 5 year(s)

Job Responsibilities:
∎ Submitting quotations to the client, based on insurance rule.
∎ Preparing policy documents as per the best practices and based on insurance rule.
∎ Co-ordinate with other team members of the underwriting department.
∎ Preparing underwriting business statement as per standard formats.
∎ Complying with company's underwriting manual and guidelines.
∎ Review insurance applications for compliance and adherence
∎ Assess clients' background information and financial status
∎ Liaise with specialists to gather information and opinions
∎ Weight loss exposures and determine underwriting alternatives
∎ Draw up a quotes for competitive insurance premiums
∎ Negotiate and define the specific terms of insurance policies with brokers or policyholders
∎ Keep detailed records of policies underwritten and decisions made
∎ Balance between mass and homogeneity of risks to achieve predictability of future results
∎ Develop and maintain a profitable book of business for the insurer
∎ Follow applicable insurance law

Additional Requirements:
∎ Age at most 35 years
∎ At least 5 years of experience in underwriting department of any non-life insurance company.
∎ The Assistant Manager should possess a strong personality, exposure & basic knowledge of insurance.
∎ He should be innovative, creative and should have the ability to take challenges.
∎ Both males and females are allowed to apply.
∎ Must have good oral and written communication skill in English.
∎ Computer skill: Must have the basic knowledge of Computer, especially, MS Word, MS Excel, MS Power Point and other software packages.
∎ Analytical Skill.
∎ Team player.

Salary: Negotiable

Compensation & Other Benefits:
∎ Contributory Provident fund, Gratuity

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 20 Jun 2023

Company Information:
∎ 22 May 2023
∎ City General Insurance Company Limited
∎ Address : Baitul Hossain Building (4th Floor), 27, Dilkusha C/A, Dhaka-1000
∎ Web : www.cityinsurance.com.bd
∎ Business : City General Insurance Company Limited is a second generation non-life Insurance Company incorporated as public limited company on March 18, 1996 under the companies Act 1994. The company obtained the certificate of Registration from the Chief Controller of Insurance Govt. of The People`s Republic of Bangladesh on March 31, 1996 for carrying Insurance business such as Fire, Marine, Motor & Miscellaneous insurance. Later the company has been listed with Dhaka and Chittagong Stock Exchanges in last of 2007.

Category: Bank/Non-Bank Fin. Institution

: Interested candidates are requested to send their CV along with two recent passport size photographs, copies of educational, experience certificates & National ID Card to Chief Executive Officer, City General Insurance Company Limited, Baitul Hossain Building (4th Floor), 27, Dilkusha C/A, Dhaka-1000

Source: bdjobs.com

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