Head of Group Insurance

Job Description

Title: Head of Group Insurance

Company Name: Alpha Islami Life Insurance Ltd

Vacancy: Not specific

Job Location: Anywhere in Bangladesh

Employment Status: Full-time

Educational Requirements:
∎ Bachelor degree in any discipline
∎ Skills Required: Computer skill

Experience Requirements:
∎ At least 5 year(s)
∎ The applicants should have experience in the following area(s): Customer Support/ Client Service, Excellent customer service skills, Marketing
∎ The applicants should have experience in the following business area(s): Insurance

Job Responsibilities:
∎ Leading Group Insurance for the definition of the insurance needs of the business, whilst complying with the Group Insurance Management Policy.
∎ Defining the insurance strategy for the company, with the aim of ensuring optimal risk allocation to the market, complying with regulatory and contractual arrangements whilst minimizing overall "cost of risk".
∎ Ensuring the procurement of the best value insurance coverage and related services at the best prices for both Global and Local Insurances.
∎ Effectively managing all the activities related to insurance programmes and contracts, and ensuring control over insurance document issuances, and document evidence compliance.
∎ Regular product-related reporting to business and internal stakeholders.
∎ Managing insurance claims and managing relations and communications with the insurance companies, insurers' engineers, and loss adjusters.
∎ Ensures timely communication and response to inquiries from employees and employed groups.
∎ Ensures that benefits, premium rates, effective dates of coverage selected by new groups are correctly reflected in the enterprise system of the company. This applies to both new groups and renewing groups.
∎ Establishes and maintains departmental performance standards and ensures timely reporting of these departmental performances.
∎ Provides adequate reporting to management as to the performance of Insurance Administration.
∎ Analyze end to end journey of Group Life and Health and suggest mitigations required to grow the business.
∎ Responsible for administering claims in a manner that conforms to the insurance policy(ies) provisions of contracted insurance carriers.
∎ Responsible for achive business targets.

Additional Requirements:
∎ Age 30 to 45 years
∎ Both males and females are allowed to apply

Salary: Negotiable

Compensation & Other Benefits:
∎ Provident fund, Gratuity
∎ Festival Bonus: 2

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 20 Jul 2022

Company Information:
∎ 7 Jul 2022
∎ Alpha Islami Life Insurance Ltd
∎ Address : Head of HR & Admin, AJ Tower, Level 9, Plot 4, Sonargaon Link Road, Kawran Bazar, Dhaka1215.
∎ Web : www.alphalife.com.bd
∎ Business : Life Insurance

Category: Marketing/Sales

: Please bring a printed CV and all kinds of certificate copies if you are selected for an interview.

Source: bdjobs.com

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