Job Description
Title: Head of Actuary & Reinsurance.
Company Name: Astha Life Insurance Company Limited
Vacancy: 01
Location: Dhaka (Mohakhali)
Salary: Negotiable
Experience:
∎ 7 to 10 years
∎ The applicants should have experience in the following business area(s):Insurance
Published: 17 Feb 2025
Education:
∎ Master of Science (MSc) in Mathematics, Master of Commerce (MCom) in Statistics
Requirements:
Additional Requirements:
∎ Age 35 to 45 years.
∎ Excellent communication & analytical skills.
∎ Diploma in Actuarial Science Course qualification is preferable.
∎ Age 35 to 45 years.
∎ Excellent communication & analytical skills.
∎ Diploma in Actuarial Science Course qualification is preferable.
Responsibilities & Context:
∎ Analyze different kinds of products for new product development and make a comparison.
∎ Premium rate calculation for variety kinds of product 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 & Actuary Bangladesh.
∎ Any other task assigned by management.
∎ Analyze different kinds of products for new product development and make a comparison.
∎ Premium rate calculation for variety kinds of product 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 & Actuary Bangladesh.
∎ Any other task assigned by management.
Compensation & Other Benefits:
∎ Festival Bonus: 3
∎ Attractive Salary Package (Negotiable).
∎ Two Festival Bonous and One Noboborsho Bonus.Provident Fund.
∎ Group Insurance Coverage.
∎ Subsidized Lunch Facilities.
∎ Attractive Salary Package (Negotiable).
∎ Two Festival Bonous and One Noboborsho Bonus.Provident Fund.
∎ Group Insurance Coverage.
∎ Subsidized Lunch Facilities.
Workplace:
∎ Work at office
Employment Status: Full Time
Job Location: Dhaka (Mohakhali)
Company Information:
∎ Astha Life Insurance Company Limited
∎ SKS Tower, Level-12, Mohakhali
∎ (Army Welfare Trust)
Address::
∎ SKS Tower, Level-12, Mohakhali
∎ (Army Welfare Trust)
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 19 Mar 2025
Category: Bank/Non-Bank Fin. Institution
