Manager-Underwriting Department.
Job Description
Title: Manager-Underwriting Department.
Company Name: Astha Life Insurance Company Limited
Vacancy: 01
Age: 30 to 45 years
Location: Dhaka (Mohakhali)
Salary: Negotiable
Experience:
∎ 6 to 8 years
∎ The applicants should have experience in the following business area(s):Insurance
Published: 14 Jan 2025
Education:
∎ Bachelor of Business Administration (BBA), Master of Business Administration (MBA)
∎ Educational Qualification may be relaxed for experience candidate.
∎ Educational Qualification may be relaxed for experience candidate.
Requirements:
Additional Requirements:
∎ Age 30 to 45 years
∎ Working experience in Life Insurance is preferable.
∎ Excellent communication & analytical skills.
∎ Team Player & Good time-management skills.
∎ Working experience in Life Insurance is preferable.
∎ Excellent communication & analytical skills.
∎ Team Player & Good time-management skills.
Responsibilities & Context:
∎ Evaluate life insurance proposals and assess risk levels.
∎ Analyze medical records, financial statements, and other relevant documents.
∎ Collaborate with experts gather necessary information.
∎ Determine appropriate coverage amounts and premiums based on risk assessment.
∎ Maintain up-to-date knowledge of underwriting guidelines and IDRA regulations.
∎ Communicate underwriting decisions to agents and applicants.
∎ Review and update underwriting policies and procedures as needed.
∎ Participate in underwriting audits and quality control processes.
∎ Stay informed about market trends and emerging risks in the insurance industry.
∎ Ready to utilize underwriting software and tools to streamline the evaluation process.
∎ Ensure compliance with company policies and legal requirements.
∎ Prepare and archive each application reviewed for better documentation.
∎ Work closely with other departments to resolve any underwriting-related issues.
∎ Attend industry conferences and training sessions to enhance professional knowledge.
∎ Provide training to support junior underwriters and for knowledge sharing with other departments.
∎ Assist/suggest in the development of new insurance products and services.
∎ Perform any job/task assigned by management.
∎ Evaluate life insurance proposals and assess risk levels.
∎ Analyze medical records, financial statements, and other relevant documents.
∎ Collaborate with experts gather necessary information.
∎ Determine appropriate coverage amounts and premiums based on risk assessment.
∎ Maintain up-to-date knowledge of underwriting guidelines and IDRA regulations.
∎ Communicate underwriting decisions to agents and applicants.
∎ Review and update underwriting policies and procedures as needed.
∎ Participate in underwriting audits and quality control processes.
∎ Stay informed about market trends and emerging risks in the insurance industry.
∎ Ready to utilize underwriting software and tools to streamline the evaluation process.
∎ Ensure compliance with company policies and legal requirements.
∎ Prepare and archive each application reviewed for better documentation.
∎ Work closely with other departments to resolve any underwriting-related issues.
∎ Attend industry conferences and training sessions to enhance professional knowledge.
∎ Provide training to support junior underwriters and for knowledge sharing with other departments.
∎ Assist/suggest in the development of new insurance products and services.
∎ Perform any job/task assigned by management.
Compensation & Other Benefits:
∎ Attractive Salary Package (Negotiable).
∎ Two Festival Bonous and One Noboborsho Bonus.
∎ Provident Fund.
∎ Group Insurance Coverage.
∎ Subsidized Lunch Facilities.
∎ Attractive Salary Package (Negotiable).
∎ Two Festival Bonous and One Noboborsho Bonus.
∎ Provident Fund.
∎ Group Insurance Coverage.
∎ Subsidized Lunch Facilities.
Workplace:
∎ Work at office
Employment Status: Full Time
Job Location: Dhaka (Mohakhali)
Company Information:
∎ Astha Life Insurance Company Limited
∎ SKS Tower, Level-12, Mohakhali
∎ (Army Welfare Trust)
Address::
∎ SKS Tower, Level-12, Mohakhali
∎ (Army Welfare Trust)
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 13 Feb 2025
Category: Bank/Non-Bank Fin. Institution
