Head of Actuary
Job Description
Title: Head of Actuary
Company Name: Sonali Life Insurance Company Limited
Vacancy: 01
Age: Na
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
Published: 2025-08-27
Application Deadline: 2025-09-06
Education:
Requirements:
- At least 5 years
- The applicants should have experience in the following business area(s): Insurance
Skills Required: Actuarial Science
Additional Requirements:
Minimum 5 years of experience in an actuarial role within the life insurance sector.
Proficiency with actuarial software and tools is preferred.
Strong skills in statistical and financial modeling.
Advanced proficiency in Microsoft Office applications.
Responsibilities & Context:
Conduct actuarial valuations and risk assessments for life insurance products.
Develop and maintain pricing models for new and existing insurance policies/Products.
Analyze financial data to ensure company solvency and compliance with regulatory requirements.
Provide recommendations for product design and premium structures based on market research.
Collaborate with underwriters, data analysts, and senior management to align actuarial strategies with business objectives.
Prepare reports for internal and external stakeholders, including regulators.
Monitor trends in mortality, morbidity, and investment returns to enhance actuarial assumptions.
Analyze statistical data and expenses to forecast future risks and liabilities.
Develop and refine life insurance products to meet market demands and regulatory requirements.
Monitor and evaluate financial performance to ensure long-term sustainability.
Advise management on risk management and investment strategies.
Job Other Benifits:
- Mobile bill,Provident fund,Gratuity,Insurance,Weekly 2 holidays
- Salary Review: Yearly
- Festival Bonus: 2
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 | 17.09% |
| University of Dhaka | 4.27% |
| Jagannath University | 2.56% |
| State University of Bangladesh | 2.56% |
| University of Rajshahi | 2.56% |
| Tejgaon College | 2.56% |
| Jahangirnagar University | 2.56% |
| Islamic University | 1.71% |
| International Islamic University Chittagong | 1.71% |
| East West University | 1.71% |
Interested By Age Range
| Age Range | Percentage (%) |
|---|---|
| 20-30 | 47.86% |
| 31-35 | 24.79% |
| 36-40 | 11.11% |
| 40+ | 15.38% |
Interested By Salary Range
| Salary Range | Percentage (%) |
|---|---|
| 0-20K | 11.11% |
| 20K-30K | 34.19% |
| 30K-40K | 12.82% |
| 40K-50K | 11.11% |
| 50K+ | 30.77% |
Interested By Experience Range
| Experience Range | Percentage (%) |
|---|---|
| 0 years (Freshers) | 32.48% |
| 0.1 - 1 years | 0.85% |
| 1.1 - 3 years | 1.71% |
| 3.1 - 5 years | 11.11% |
| 5+ years | 53.85% |
