Title: Head of Underwriting Department & Branch Control Department
Company Name: Crystal Insurance PLC
Vacancy: 1
Age: Na
Job Location: Anywhere in Bangladesh
Salary: Negotiable
Experience: --
Published: 2026-09-14
Application Deadline: 2026-09-25
Education:
Requirements: --
Skills Required:
Additional Requirements:
Responsibilities & Context:
Lead and oversee the Underwriting & Branch Control Department, ensuring effective and efficient operations.
Develop, review and implement underwriting policies, guidelines, procedures and risk acceptance standards.
Ensure proper assessment and evaluation of risks in accordance with the Company’s underwriting policies and approved authority limits.
Review and monitor underwriting performance, portfolio quality, risk exposure and profitability.
Ensure compliance with applicable Insurance laws, IDRA regulations, regulatory circulars and Company policies.
Monitor branch underwriting activities and ensure adherence to approved underwriting guidelines, procedures and delegated authorities.
Conduct regular review of branch operations to identify operational gaps, control weaknesses and compliance issues.
Strengthen internal controls relating to underwriting, policy issuance, documentation, premium collection and branch operations.
Coordinate with Reinsurance, Claims, Finance, Marketing/Business Development and Branches on underwriting and risk-related matters.
Provide guidance and technical support to branch officials and underwriting personnel.
Review exceptional, high-value and complex risks and provide recommendations to management as appropriate.
Monitor branch-wise business performance, underwriting quality and compliance with established standards.
Prepare and present periodic underwriting, branch control, risk and management reports/MIS.
Identify emerging risks and recommend appropriate measures to improve underwriting discipline and portfolio quality.
Assist management in developing strategies for sustainable and profitable business growth.
Lead initiatives for continuous improvement of underwriting processes, controls and branch operations.
Perform any other responsibilities assigned by the Management.
Other Admissible Benefits as per Company Policy