Head of Claims & Re-insurance Department

Job Description

Title: Head of Claims & Re-insurance Department

Company Name: Express Insurance Limited

Vacancy: 01

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Masters degree in any discipline
∎ Preferred Professional Certification: Candidates having Insurance related degree or BIA Diploma are preferred

Experience Requirements:
∎ At least 15 year(s)
∎ The applicants should have experience in the following area(s): Claims Processing (Insurance), General Insurance, Reinsurance

Job Responsibilities:
∎ To look after the company's Claims related activities as an In-charge/ Head of the Claims and re-insurance department of the Company.
∎ Strong decision-making & analytical capabilities & a higher level of Management skills along with preparing and delivering reports as per requirement of the Board of Directors/Management.
∎ To deal/correspondence & monitoring with local and foreign clients/organizations.
∎ Preparation of all papers for the Claim Committee Meeting/ Board Meeting.
∎ To maintain effective working relationships with law enforcement agencies & local and foreign re-insurers.
∎ Ensuring a fair settlement of claims through monitoring the progress of the claims.
∎ Review and analysis of all required documents to ensure that claim settlements are paid accurately and in a timely manner.
∎ Making sure that claims are dealt with according to relevant Insurance laws/other laws.
∎ Strong Knowledge of re-insurance recovery.
∎ Capable of handling all classes (Fire, Marine, Motor, and misc.) of Claims.
∎ Willingness to visit or supervise claim-affected areas frequently as and when required.
∎ To select qualified surveyors for assessment of loss.
∎ Good underwriting knowledge of all classes of General Insurance.

Additional Requirements:
∎ Age at least 40 years
∎ Only males are allowed to apply
∎ Priority will be given to that candidate who has been working as Head of the Department of Claims and Reinsurance.

Salary: Negotiable

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

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 26 Sep 2023

Company Information:
∎ 19 Sep 2023
∎ Express Insurance Limited
∎ Address : Al-Razi Complex (9th & 10th Floor), 166-167, Shahid Syed Nazrul Islam Sarani, Bijoynagar, Dhaka-1000.
∎ Web : www.eilbd.com
∎ Business : Express Insurance Limited, is a fast-growing AA+ rated Non-life Insurance Company.

Category: Bank/Non-Bank Fin. Institution

: The company has all the rights to change any information related to this job circular.

Source: bdjobs.com

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