Assistant Managing Director- Underwriting
Job Description
Title: Assistant Managing Director- Underwriting
Company Name: Islami Insurance Bangladesh Limited
Vacancy: 1
Age: 40 to 55 years
Job Location: Dhaka
Salary: Negotiable
Experience:
- At least 12 years
- The applicants should have experience in the following business area(s): Insurance
Published: 2025-05-25
Application Deadline: 2025-06-23
Education:
- Master of Commerce (MCom)
- Master of Business Administration (MBA) in Finance
M.Com/MBA Finance/Master of Insurance and Risk Management (MIRM)/ having degree of ABIA/ACII (UK/Malaysia) will get preferred.
Requirements:
- At least 12 years
- The applicants should have experience in the following business area(s): Insurance
Skills Required:
Additional Requirements:
- Age 40 to 55 years
Must have full time work experience in a reputed non-life Insurance Company.
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:
Responsibilities:
Insurance 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.
Job Other Benifits:
As per Company`s Service rules.
Employment Status: Full Time
Job Work Place:
Company Information:
Gender: Male and Female can apply
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Category: Bank/ Non-Bank Fin. Institution
Interested By University
| University | Percentage (%) |
|---|---|
| National University | 17.65% |
| Jagannath University | 4.71% |
| University of Dhaka | 3.53% |
| Dhaka International University | 2.35% |
| University of Chittagong | 2.35% |
| Jahangirnagar University | 2.35% |
| American International University Bangladesh (AIUB) | 2.35% |
| Islamic University | 2.35% |
| Jagannath University College | 1.18% |
| University of Liberal Arts Bangladesh | 1.18% |
Interested By Age Range
| Age Range | Percentage (%) |
|---|---|
| 20-30 | 42.35% |
| 31-35 | 14.12% |
| 36-40 | 11.76% |
| 40+ | 31.76% |
Interested By Salary Range
| Salary Range | Percentage (%) |
|---|---|
| 0-20K | 8.24% |
| 20K-30K | 20.00% |
| 30K-40K | 17.65% |
| 40K-50K | 9.41% |
| 50K+ | 44.71% |
Interested By Experience Range
| Experience Range | Percentage (%) |
|---|---|
| 0 years (Freshers) | 16.47% |
| 0.1 - 1 years | 9.41% |
| 1.1 - 3 years | 7.06% |
| 3.1 - 5 years | 4.71% |
| 5+ years | 62.35% |
