Head-Underwriter

Job Description

Title: Head-Underwriter

Company Name: Homeland Life Insurance Co. Ltd.

Vacancy: 1

Age: 40 to 50 years

Location: Anywhere in Bangladesh

Salary: Negotiable

Experience:
∎ 10 to 15 years
∎ The applicants should have experience in the following business area(s):Insurance

Published: 27 Jan 2025

Education:
∎ Bachelor/Honors
∎ The applicants should have experience in the Life Insurance.
∎ The applicants should have experience in the Life Insurance.

Requirements:

Additional Requirements:
∎ Age 40 to 50 years
∎ Proven insurance underwriting experience
∎ Sensible judgement and attention to detail
∎ Confident decision-making skills
∎ Proven numeracy and statistical skills effective analytical skills
∎ excellent written and verbal communication skills
∎ interpersonal and relationship management skills
∎ negotiation skills and the ability to influence others
∎ the ability to absorb and understand technical information quickly
∎ a good level of numeracy and statistical skills
∎ resilience and self-motivation sound judgement in order to determine the risk involved in insuring a person or company
∎ Proven insurance underwriting experience
∎ Sensible judgement and attention to detail
∎ Confident decision-making skills
∎ Proven numeracy and statistical skills effective analytical skills
∎ excellent written and verbal communication skills
∎ interpersonal and relationship management skills
∎ negotiation skills and the ability to influence others
∎ the ability to absorb and understand technical information quickly
∎ a good level of numeracy and statistical skills
∎ resilience and self-motivation sound judgement in order to determine the risk involved in insuring a person or company

Responsibilities & Context:
∎ Review life insurance applications for compliance and adherence
∎ Assess clients’ background information and financial status
∎ Liaise with specialists to gather information and opinions
∎ Excellent knowledge of life insurance policies and ability to relate policy provisions to the loss exposures
∎ Draw up a quote for competitive life insurance premiums
∎ Negotiate and define the specific terms of life insurance policies with agent or policyholders
∎ Keep detailed records of policies underwritten and decisions made
∎ Balance between mass and homogeneity of risks to achieve predictability of future results
∎ Develop and maintain a profitable book of business for the insurer
∎ Follow applicable life insurance laws
∎ Study life insurance proposals
∎ Gather and assess background information, including reports and medical records from specialists where appropriate, in order to effectively assess the risk involved.
∎ Analyze statistical information using specialist programmed
∎ Calculate possible risk and decide on the premium - how much individuals or organizations should pay for insurance
∎ Decide whether the risk should be shared with a reinsurer
∎ Ensure that premiums are competitive and that accounts remain profitable
∎ Write policies and help with policy wording
∎ Keep detailed and accurate records of policies underwritten and decisions made.
∎ Review life insurance applications for compliance and adherence
∎ Assess clients’ background information and financial status
∎ Liaise with specialists to gather information and opinions
∎ Excellent knowledge of life insurance policies and ability to relate policy provisions to the loss exposures
∎ Draw up a quote for competitive life insurance premiums
∎ Negotiate and define the specific terms of life insurance policies with agent or policyholders
∎ Keep detailed records of policies underwritten and decisions made
∎ Balance between mass and homogeneity of risks to achieve predictability of future results
∎ Develop and maintain a profitable book of business for the insurer
∎ Follow applicable life insurance laws
∎ Study life insurance proposals
∎ Gather and assess background information, including reports and medical records from specialists where appropriate, in order to effectively assess the risk involved.
∎ Analyze statistical information using specialist programmed
∎ Calculate possible risk and decide on the premium - how much individuals or organizations should pay for insurance
∎ Decide whether the risk should be shared with a reinsurer
∎ Ensure that premiums are competitive and that accounts remain profitable
∎ Write policies and help with policy wording
∎ Keep detailed and accurate records of policies underwritten and decisions made.

Skills & Expertise:

Compensation & Other Benefits:
∎ Salary, Festival Bonus, Baishakhi Allowance, Provident Fund, Gratuity Fund, Earn Leave, etc.

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Anywhere in Bangladesh

Read Before Apply:

Apply: Interested applicants are requested to send the application along with a cover letter & 2 pp size recent photograph to the Head of Human Resources Department at the following address.

Human Resource Division Homeland Life Insurance Company Ltd. Ellal Chamber (2nd Floor), 11 Motijheel C/A, Dhaka-1000. Or send CV to the E-mail: [email protected]