Head of Claims & Re-Insurance

Job Description

Title: Head of Claims & Re-Insurance

Company Name: Islami Insurance Bangladesh Limited

Vacancy: 01

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Post-Graduation

Experience Requirements:
∎ At least 15 year(s)
∎ The applicants should have experience in the following business area(s): Insurance

Job Responsibilities:
∎ Determines covered insurance losses by studding provisions of a policy or certificate.
∎ Prepare Monthly, Quarterly & Annually Claims statement.
∎ To fulfill IDRA & SBC Requirements regarding Claims and Re-insurance.
∎ Scrutinizing all the documents issued by all Branch and Head Office for Re- Insurance Purpose.
∎ Preparing the Quarterly Re-Insurance Premium and Accounts of all class of Business.
∎ Any other job as assigned by the Management. Employment Status Full-time Workplace
∎ Establishes proof of loss by studying documentation and assembling additional informationfrom outside sources.
∎ Analyzes insurance claims to prevent fraud.
∎ Ensure legal compliance by following company policies, procedures and guidelines as well as government and IDRA regulations.
∎ Provides legal support by assembling documentation for settlement action.
∎ Protects operation by keeping Claims & Re-Insurance information confidential.

Additional Requirements:
∎ Age at least 40 years
∎ Strong interpersonal skills to deal with management.
∎ Dedicated, and hardworking with team spirit and a person of integrity and professionalism.
∎ Strong leadership skills focusing operation management with excellent multidisciplinary knowledge.
∎ Must have IT knowledge

Salary: Negotiable

Compensation & Other Benefits:
∎ Mobile bill, Profit share, Provident fund, Weekly 2 holidays, Insurance, Gratuity
∎ Festival Bonus: 2
∎ As per Company policy.

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 31 Oct 2023

Company Information:
∎ 1 Oct 2023
∎ Islami Insurance Bangladesh Limited
∎ Address : DR Tower (11th Floor) Box Culvert Road 65/2/2 Purana Paltan Dhaka-1000
∎ Business : General Insurance

Category: Bank/Non-Bank Fin. Institution

: Applicants are requested to send their updated resume along with a passport size photograph to the address below. "Head of HR & Admin, HR & Administration Department, Islami Insurance Bangladesh Limited, DR Tower (11th Floor), Box Culvert Road, 65/2/2 Purana Paltan, Dhaka-1000, Bangladesh" Please make sure to attach following documents while sending your application: 1) Complete and updated CV + cover letter including professional references, 2) Recent passport size photograph, 3) Clearly mention the position name on the top edge of envelope, 4) Please state your contact details clearly in the CV and mention your salary expectation. N.B: Only complete resume will be considered, Only short-listed candidates will be contacted, Short-listed candidates need to attend interviews.Or send your CV to [email protected]

Interested By University

University Percentage (%)
National University 13.48%
University of Dhaka 4.96%
Jagannath University 3.55%
University of Chittagong 3.55%
Bangladesh Open University 1.42%
Tejgaon College 1.42%
Govt. Rajendra College, Faridpur 1.42%
Independent University, Bangladesh 1.42%
Khulna University 1.42%
University of Rajshahi 1.42%

Interested By Age Range

Age Range Percentage (%)
20-30 40.43%
31-35 21.99%
36-40 12.77%
40+ 22.70%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 14.39%
20K-30K 35.97%
30K-40K 10.79%
40K-50K 11.51%
50K+ 27.34%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 24.11%
0.1 - 1 years 7.09%
1.1 - 3 years 8.51%
3.1 - 5 years 10.64%
5+ years 49.65%

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