Executive / Sr. Executive officer

Job Description

Title: Executive / Sr. Executive officer

Company Name: A Renowned Non-Life Insurance Company in Bangladesh

Vacancy: 5

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ At least a bachelor's degree in insurance, finance, economics, or a related field from any reputed University.

Job Responsibilities:
∎ 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 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
∎ The balance between mass and homogeneity of risks to achieve predictability of future results
∎ Develop and maintain a profitable book of business for the insurer
∎ Ensure accurate and organized documentation of underwriting decisions, policy details, and client information for future reference.
∎ Adhere to all legal and regulatory requirements governing insurance underwriting in Bangladesh, ensuring ethical practices and adherence to company policies.
∎ Follow applicable insurance laws

Additional Requirements:
∎ Age 20 to 35 years
∎ Both males and females are allowed to apply
∎ Experience in insurance underwriting will be an advantage.
∎ Confident decision-making skills
∎ Excellent knowledge of insurance policies and the ability to relate policy provisions to loss exposures will be an advantage.
∎ Strong analytical and critical thinking abilities.
∎ Excellent written and verbal communication skills.
∎ Attention to detail and accuracy in data analysis.
∎ Ability to work well under pressure and meet deadlines.
∎ Proficiency in Microsoft Office applications (Word, Excel, PowerPoint).
∎ A positive attitude and willingness to learn and grow within the insurance industry.
∎ Strong ethical values and commitment to maintaining confidentiality.

Salary: Negotiable

Compensation & Other Benefits:
∎ Mobile bill, Provident fund, Weekly 2 holidays, Insurance, Gratuity
∎ Salary Review: Yearly
∎ Festival Bonus: 2

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 20 Sep 2023

Company Information:
∎ 22 Aug 2023
∎ A Renowned Non-Life Insurance Company in Bangladesh
∎ Business : Non-Life Insurance Business

Category: Bank/Non-Bank Fin. Institution

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