Assistant/Deputy Manager- Actuarial Department

Job Description

Title: Assistant/Deputy Manager- Actuarial Department

Company Name: Sonali Life Insurance Company Limited

Vacancy: 01

Age: At least 32 years

Job Location: Dhaka (Malibag Abul hotel)

Salary: Negotiable

Experience:

• At least 5 years
• The applicants should have experience in the following business area(s): Insurance

Bachelor’s/Masters Degree in Mathmatics/Statistics/Finance

Masters/Diploma in Actuarial Science.

• At least 5 years
• The applicants should have experience in the following business area(s): Insurance

• Age At least 32 years

• Advanced proficiency in Microsoft Office applications.

• Proficiency with actuarial software and tools is preferred.

• Minimum 3 years of experience in an actuarial role within the life insurance sector.

• Strong skills in statistical and financial modeling.

• Conduct actuarial valuations, risk assessments, and financial forecasting to ensure solvency and regulatory compliance.

• Develop, price, and refine life insurance products, including premium structures, actuarial models, and product design based on market research and business requirements.

• Analyze statistical, financial, mortality, morbidity, expense, and investment data to support valuations, forecasting, and actuarial assumptions.

• Prepare and validate data for actuarial valuations, analysis, and reporting.

• Prepare reports for management, regulators, and other internal and external stakeholders.

• Provide actuarial support and assistance in underwriting, claims, and other related activities.

• Monitor financial performance, market trends, and emerging risks to support long-term business sustainability.

• Collaborate with underwriting, claims, data analytics, and senior management to align actuarial strategies with business objectives.

• Provide recommendations on risk management, product design, premium structures, and investment strategies.

• Prepare on-demand reports, analysis, and other actuarial information as required.

• Perform any other duties and responsibilities as assigned by management from time to time.

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