Executive, Actuarial Department

Job Description

Title: Executive, Actuarial Department

Company Name: Bengal Islami Life Insurance Ltd

Vacancy: --

Age: At most 35 years

Job Location: Dhaka (Motijheel)

Salary: Negotiable

Experience:

Published: 2025-08-14

Application Deadline: 2025-08-31

Education:

    • Master of Science (MSc) in Actuarial Science
    • Master of Science (MSc) in Mathematics
    • Master of Science (MSc) in Statistics
  • Masters in Actuarial Science/ Mathematics /Statistics from any recognized university in home or abroad.

  • Preference will be given to the candidates having partly qualified in Actuarial professional exam.



Requirements:

Skills Required: Actuarial Science,Data Management,Financial Analysis,Process Implementation,Product Development,Software Proficiency

Additional Requirements:
  • Age At most 35 years
  • The applicants having experience in the area of actuarial department is an asset
  • Fresher’s are also encouraged to apply
  • Proficiency in MS Word, Excel, Power point with experience in programing.
  • Strong written and oral communication skills in English and Bangla are essential.


Responsibilities & Context:

Job Context: Bengal Islami Life Insurance Limited, a 4th Generation Shariah based Life Insurance Company, is looking for a suitable candidate to be recruited in the Actuarial Department. The suitable candidate who fulfills the criteria as mentioned for the post may apply with confidence.

Job Responsibilities:

  • Maintain and document all actuarial analytical data.
  • Analyze and evaluate financial costs and benefits with accuracy.
  • Provide support on various financial analysis.
  • Implement best practices in actuarial analysis.
  • Develop and implement actuarial processes for corporate issues.
  • Product related all work (product analysis, design the new product and collect approval from authority).
  • Actuarial valuation related work.
  • Any other responsibilities assigned by the management


Job Other Benifits:
    • Attractive salary package will be offered (Negotiable for demonstrable higher experience level)

    Other Benefits:

    • 02 (Two) Festival bonuses

    • Group Insurance

    • Family Health Insurance

    • Provident Fund

    • Partially subsidized lunch facilities

    • Company will support to pursue the study on Actuarial Science



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 13.43%
University of Dhaka 6.77%
Jagannath University 3.65%
Jahangirnagar University 2.59%
University of Chittagong 1.94%
Hajee Mohammad Danesh Science and Technology University 1.41%
Rajshahi University 1.06%
Islamic University 1.00%
Shahjalal University of Science & Technology 1.00%
Dhaka College 0.94%

Interested By Age Range

Age Range Percentage (%)
20-30 78.62%
31-35 18.02%
36-40 2.36%
40+ 0.71%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 11.31%
20K-30K 53.06%
30K-40K 26.74%
40K-50K 6.48%
50K+ 2.41%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 44.82%
0.1 - 1 years 13.78%
1.1 - 3 years 20.02%
3.1 - 5 years 11.25%
5+ years 10.13%

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