Asst. Manager to DVP, Actuary & Reinsurance Department
Job Description
Title: Asst. Manager to DVP, Actuary & Reinsurance Department
Company Name: Astha Life Insurance Company Limited
Vacancy: 01
Age: 35 to 45 years
Job Location: Dhaka (Mohakhali)
Salary: Negotiable
Experience:
- 7 to 10 years
- The applicants should have experience in the following business area(s): Insurance
Published: 2025-08-17
Application Deadline: 2025-09-16
Education:
- Master of Science (MSc) in Mathematics
- Master of Commerce (MCom) in Statistics
Requirements:
- 7 to 10 years
- The applicants should have experience in the following business area(s): Insurance
Skills Required:
Additional Requirements:
- Age 35 to 45 years
Master’s/Diploma in Actuarial Science Course qualification is preferable.
Excellent communication & analytical skills.
Responsibilities & Context:
Analyze different kinds of products for new product development and make a comparison.
Develop and implement actuarial processes for corporate issues.
Premium rate calculation for variety kinds of products under ILB.
Surrender value calculation.
Assist group department in rate preparation & other actuarial related work.
Develop idea of new life Insurance products by keeping the company safe by designing it maintaining Actuarial standard set by consulting Actuary.
Provide technical support for producing statistical reports and analysis.
Collaborate with programmers, underwriters, accounts, claims, and senior management to help company develop plans for new lines of business or improve existing business.
Ability to handle Reinsurer & know how about Reinsurance data cession.
Final account preparation for reinsurance
Communicate and prepare documents for IDRA & External Actuary Bangladesh.
Any other task assigned by management.
Job Other Benifits:
- Attractive Salary Package (Negotiable).
- Two Festival Bonus and One Noboborsho Bonus.
- Provident Fund.
- Group Insurance Coverage.
- Subsidized Lunch Facilities.
Employment Status: Full Time
Job Work Place: Work at office
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 | 17.43% |
| University of Dhaka | 5.26% |
| Jahangirnagar University | 2.63% |
| University of Chittagong | 2.63% |
| Jagannath University | 2.30% |
| Dhaka University | 1.64% |
| University of Rajshahi | 1.64% |
| Rajshahi University | 1.32% |
| Dhaka International University | 0.99% |
| Islamic University | 0.99% |
Interested By Age Range
| Age Range | Percentage (%) |
|---|---|
| 20-30 | 42.43% |
| 31-35 | 26.97% |
| 36-40 | 12.83% |
| 40+ | 16.12% |
Interested By Salary Range
| Salary Range | Percentage (%) |
|---|---|
| 0-20K | 7.24% |
| 20K-30K | 22.37% |
| 30K-40K | 22.70% |
| 40K-50K | 15.46% |
| 50K+ | 32.24% |
Interested By Experience Range
| Experience Range | Percentage (%) |
|---|---|
| 0 years (Freshers) | 16.45% |
| 0.1 - 1 years | 7.24% |
| 1.1 - 3 years | 14.80% |
| 3.1 - 5 years | 10.86% |
| 5+ years | 50.66% |
