Head of Corporate (Group Insurance) Department

Job Description

Title: Head of Corporate (Group Insurance) Department

Company Name: Shanta Life Insurance PLC

Vacancy: 1

Age: 40 to 55 years

Location: Dhaka (Gulshan)

Salary: Negotiable

Experience:
∎ 12 to 20 years
∎ The applicants should have experience in the following business area(s):Banks, Insurance, Telecommunication, Multinational Companies, Group of Companies

Published: 5 Jun 2024

Education:
∎ Bachelor of Business Administration (BBA), Master of Business Administration (MBA)

Requirements:

Additional Requirements:
∎ Age 40 to 55 years

Responsibilities & Context:
∎ Plan and organize different business activities and gather customer information and ensure its quality service and accuracy.
∎ Keeping constant contact with different corporate companies regarding company's product/services and sending different proposal letter.
∎ Provide marketing related information to customers and follow up with them regarding proposals for Business Development and all other requests.
∎ Procure & retain group business using both internal & external resources of the company.
∎ Meeting existing & prospective clients from time to time to retain as well as for future business growth of the company.
∎ Ensure timely A to Z services of the clients like policy issue, alteration, database management, claim payment, etc. sign contract & maintain good relationship with the potential customers.
∎ Keeping close liaison with the reinsurer including proper documentation and payment of due premium to the reinsurer.
∎ Common Service: Recording & maintaining all register, claim intimation & payment registers.
∎ Accounts & MIS: Issuance of money receipt & record of premium income, keep record of various financial transactions, preparation of various statements, provide various financial statements to the Board, Management & regulatory bodies.
∎ Servicing & Claims: Issuance of cover note, preparation of draft & final contract, prepare of alteration bills for inclusion & exclusion of members, ensure re-insurance & underwriting requirements & settlement of claims.
∎ Plan and organize different business activities and gather customer information and ensure its quality service and accuracy.
∎ Keeping constant contact with different corporate companies regarding company's product/services and sending different proposal letter.
∎ Provide marketing related information to customers and follow up with them regarding proposals for Business Development and all other requests.
∎ Procure & retain group business using both internal & external resources of the company.
∎ Meeting existing & prospective clients from time to time to retain as well as for future business growth of the company.
∎ Ensure timely A to Z services of the clients like policy issue, alteration, database management, claim payment, etc. sign contract & maintain good relationship with the potential customers.
∎ Keeping close liaison with the reinsurer including proper documentation and payment of due premium to the reinsurer.
∎ Common Service: Recording & maintaining all register, claim intimation & payment registers.
∎ Accounts & MIS: Issuance of money receipt & record of premium income, keep record of various financial transactions, preparation of various statements, provide various financial statements to the Board, Management & regulatory bodies.
∎ Servicing & Claims: Issuance of cover note, preparation of draft & final contract, prepare of alteration bills for inclusion & exclusion of members, ensure re-insurance & underwriting requirements & settlement of claims.

Skills & Expertise:

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka (Gulshan)

Company Information:
∎ Shanta Life Insurance PLC
∎ The Glass House (Level 04), S.E (B)-2, 38 Gulshan Avenue, Gulshan-1, Dhaka -1212

Address::
∎ The Glass House (Level 04), S.E (B)-2, 38 Gulshan Avenue, Gulshan-1, Dhaka -1212

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 5 Jul 2024

Category: Bank/Non-Bank Fin. Institution

Interested By University

University Percentage (%)
University of Dhaka 8.61%
National University 8.01%
North South University 3.26%
2.97%
University of Rajshahi 2.37%
Asian University of Bangladesh 2.37%
Independent University, Bangladesh 2.08%
University of Chittagong 2.08%
Southeast University 2.08%
Jagannath University 1.78%

Interested By Age Range

Age Range Percentage (%)
20-30 32.34%
31-35 11.28%
36-40 13.35%
40+ 33.83%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 9.45%
20K-30K 21.04%
30K-40K 8.84%
40K-50K 7.62%
50K+ 53.05%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 17.80%
0.1 - 1 years 4.15%
1.1 - 3 years 10.98%
3.1 - 5 years 9.50%
5+ years 57.57%

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