Head of Underwriter’s
Job Description
Title: Head of Underwriter’s
Company Name: Islami Insurance Bangladesh Limited
Vacancy: 01
Age: at least 40 years
Location: Dhaka
Salary: Negotiable
Experience:
∎ At least 12 years
∎ The applicants should have experience in the following business area(s):Insurance
Published: 20 Nov 2024
Education:
∎ M.Com/MBA Finance/Master of Insurance and Risk Management (MIRM)/ having degree of ABIA/ACII (UK/Malaysia) will get preferred.
Requirements:
Additional Requirements:
∎ Age at least 40 years
∎ Analyze financial data
∎ Evaluate degree of financial risk
∎ Follow contract, property, or insurance laws
∎ Gather relevant financial data
∎ Identify financial risks to company
∎ Inspect property
∎ Make decisions
∎ Review data on insurance applications or policies
∎ Use computers to enter, access and retrieve financial data
∎ Write business correspondence
∎ Proven works experience in reputed non-life Insurance Company
∎ Sufficient knowledge of modern communication techniques and best practices
∎ Familiarity with industry’s rules and regulations and must have Excellent Leadership skills.
∎ Analyze financial data
∎ Evaluate degree of financial risk
∎ Follow contract, property, or insurance laws
∎ Gather relevant financial data
∎ Identify financial risks to company
∎ Inspect property
∎ Make decisions
∎ Review data on insurance applications or policies
∎ Use computers to enter, access and retrieve financial data
∎ Write business correspondence
∎ Proven works experience in reputed non-life Insurance Company
∎ Sufficient knowledge of modern communication techniques and best practices
∎ Familiarity with industry’s rules and regulations and must have Excellent Leadership skills.
Responsibilities & Context:
∎ Insurance Head of Underwriter’s Tasks Performed
∎ Authorize reinsurance of policy when risk is high.
∎ Decline excessive risks.
∎ Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe profitable distribution of risks, using reference materials.
∎ Evaluate possibility of losses due to catastrophe or excessive insurance.
∎ Examine documents to determine degree of risk from such factors as applicant financial standing and value and condition of property.
∎ Review company records to determine amount of insurance in force on single risk or group of closely related risks.
∎ Write to field representatives, medical personnel, and others to obtain further information, quote rates, or explain company underwriting policies.
∎ Insurance Head of Underwriter’s Tasks Performed
∎ Authorize reinsurance of policy when risk is high.
∎ Decline excessive risks.
∎ Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe profitable distribution of risks, using reference materials.
∎ Evaluate possibility of losses due to catastrophe or excessive insurance.
∎ Examine documents to determine degree of risk from such factors as applicant financial standing and value and condition of property.
∎ Review company records to determine amount of insurance in force on single risk or group of closely related risks.
∎ Write to field representatives, medical personnel, and others to obtain further information, quote rates, or explain company underwriting policies.
Skills & Expertise:
Workplace:
∎ Work at office
Employment Status: Full Time
Gender:
∎ Only Male
Job Location: Dhaka
Read Before Apply:
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 rizwan.hr@islamiinsurance.com
Apply Procedure:
Email your CV:
∎ Send your CV to the given email rizwan.hr@islamiinsurance.com or Email your CV from My Bdjobs account
Company Information:
∎ Islami Insurance Bangladesh Limited
∎ DR Tower (11th Floor) Box Culvert Road 65/2/2 Purana Paltan Dhaka-1000
∎ https://www.islamiinsurance.com/
∎ Who We Are
Islami Insurance Bangladesh Limited (IIBL), the first General Insurance (Takaful) Company based on the Islami Shariah was registered and established under the Bangladesh Company Act, 1994 and the Bangladesh Insurance Act, 1938 on 29th December, 1999 to transact all sorts of general Takaful business. The Company started functioning from 1st January, 2000.
Our Vision
Islami Insurance Bangladesh Limited (IIBL), the first Islami Non-Life Insurance Company in Bangladesh, started its journey with the concept of Islamic Shariah. The Company`s vision is to comply with Sharjah Principles in all business transactions and activities of the Company and to be a leader in the Insurance Industry of Bangladesh with Islamic values.
Our Mission
To provide the maximum protection and security of wealth of our Clients.
To provide fast, accurate, and satisfactory services to the Clients.
To provide services to the Clients with sincerity and honesty along with the latest technology.
To maximize the interest of valued Clients and Shareholders.
To build a strong and dynamic institution and to make an effective contribution to national development.
Our Commitments
To ensure maximum satisfaction of our valued Clients.
To settle claims of Clients very promptly.
To comply with the Sharjah Principles and maintain high-level ethical standards.
To provide the maximum protection of Investment of our Shareholders ensuring sustainable growth.
To develop good Governance and Corporate Culture.
To maintain the good relationship between Management and Clients, as well as, other concerns.
To endeavor for remarkable contribution to the national economy and development of the Country.
Address::
∎ DR Tower (11th Floor) Box Culvert Road 65/2/2 Purana Paltan Dhaka-1000
∎ https://www.islamiinsurance.com/
∎ Who We AreIslami Insurance Bangladesh Limited (IIBL), the first General Insurance (Takaful) Company based on the Islami Shariah was registered and established under the Bangladesh Company Act, 1994 and the Bangladesh Insurance Act, 1938 on 29th December, 1999 to transact all sorts of general Takaful business. The Company started functioning from 1st January, 2000.Our VisionIslami Insurance Bangladesh Limited (IIBL), the first Islami Non-Life Insurance Company in Bangladesh, started its journey with the concept of Islamic Shariah. The Company`s vision is to comply with Sharjah Principles in all business transactions and activities of the Company and to be a leader in the Insurance Industry of Bangladesh with Islamic values.Our Mission To provide the maximum protection and security of wealth of our Clients. To provide fast, accurate, and satisfactory services to the Clients. To provide services to the Clients with sincerity and honesty along with the latest technology. To maximize the interest of valued Clients and Shareholders. To build a strong and dynamic institution and to make an effective contribution to national development.Our Commitments To ensure maximum satisfaction of our valued Clients. To settle claims of Clients very promptly. To comply with the Sharjah Principles and maintain high-level ethical standards. To provide the maximum protection of Investment of our Shareholders ensuring sustainable growth. To develop good Governance and Corporate Culture. To maintain the good relationship between Management and Clients, as well as, other concerns. To endeavor for remarkable contribution to the national economy and development of the Country.
Application Deadline: 20 Dec 2024
Category: Bank/Non-Bank Fin. Institution
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