Manager - VP, Business Management

Job Description

Title: Manager - VP, Business Management

Company Name: Astha Life Insurance Company Limited

Vacancy: 07

Age: 35 to 40 years

Location: Dhaka (Mohakhali)

Salary: Negotiable

Experience:
∎ 7 to 10 years
∎ The applicants should have experience in the following business area(s):Banks, Insurance

Published: 10 Feb 2024

Education:
∎ Bachelor of Business Administration (BBA) in Marketing, Master of Business Administration (MBA) in Marketing

Requirements:

Additional Requirements:
∎ Age 35 to 40 years
∎ Strong leadership and people management skills.
∎ Excellent communication and interpersonal skills.
∎ In-depth knowledge of insurance products, regulations, and market dynamics.
∎ Strategic thinking with the ability to drive business growth.
∎ Proven ability to build and maintain relationships with key stakeholders.
∎ Strong leadership and people management skills.
∎ Excellent communication and interpersonal skills.
∎ In-depth knowledge of insurance products, regulations, and market dynamics.
∎ Strategic thinking with the ability to drive business growth.
∎ Proven ability to build and maintain relationships with key stakeholders.

Responsibilities & Context:
∎ Develop and execute comprehensive strategies aligned with the company's vision and goals for Individual/Retail business, Group/Corporate business, Bancassurance, Microinsurance, Alternative Distribution Channels (ADC) and training.
∎ Provide visionary leadership to the team, fostering a culture of excellence, innovation, and collaboration to achieve organizational objectives and business targets.
∎ Identify market trends, customer needs, and growth opportunities in the Individual/Retail Business, Group/Corporate Business, Bancassurance, Microinsurance, Alternative Distribution Channels (ADC) and training.
∎ Formulate and implement initiatives to expand market presence, enhance product offerings, and establish strategic partnerships to drive revenue growth and market share across respective distribution channels.
∎ Cultivate and maintain strong relationships with key stakeholders, including clients, brokers, financial institutions, and regulatory authorities, to foster trust, collaboration, and business continuity.
∎ Act as a primary point of contact for resolving escalated issues, addressing client concerns, and negotiating contracts to ensure mutual satisfaction and long-term partnerships.
∎ Establish Key Performance Indicators (KPIs) and metrics to assess the performance and effectiveness of business operations across Individual/Retail Business, Group/Corporate Business, Bancassurance, Microinsurance, Alternative Distribution Channels (ADC) and training.
∎ Conduct regular performance reviews, analyze data insights, and generate actionable recommendations to drive continuous improvement, mitigate risks, and capitalize on emerging opportunities.
∎ Recruit, onboard, and develop a high-performing team of insurance professionals with diverse skills and expertise in the respective department.
∎ Provide coaching, mentorship, and professional development opportunities to nurture talent, foster career growth, and promote a culture of continuous learning and excellence.
∎ Develop and execute comprehensive strategies aligned with the company's vision and goals for Individual/Retail business, Group/Corporate business, Bancassurance, Microinsurance, Alternative Distribution Channels (ADC) and training.
∎ Provide visionary leadership to the team, fostering a culture of excellence, innovation, and collaboration to achieve organizational objectives and business targets.
∎ Identify market trends, customer needs, and growth opportunities in the Individual/Retail Business, Group/Corporate Business, Bancassurance, Microinsurance, Alternative Distribution Channels (ADC) and training.
∎ Formulate and implement initiatives to expand market presence, enhance product offerings, and establish strategic partnerships to drive revenue growth and market share across respective distribution channels.
∎ Cultivate and maintain strong relationships with key stakeholders, including clients, brokers, financial institutions, and regulatory authorities, to foster trust, collaboration, and business continuity.
∎ Act as a primary point of contact for resolving escalated issues, addressing client concerns, and negotiating contracts to ensure mutual satisfaction and long-term partnerships.
∎ Establish Key Performance Indicators (KPIs) and metrics to assess the performance and effectiveness of business operations across Individual/Retail Business, Group/Corporate Business, Bancassurance, Microinsurance, Alternative Distribution Channels (ADC) and training.
∎ Conduct regular performance reviews, analyze data insights, and generate actionable recommendations to drive continuous improvement, mitigate risks, and capitalize on emerging opportunities.
∎ Recruit, onboard, and develop a high-performing team of insurance professionals with diverse skills and expertise in the respective department.
∎ Provide coaching, mentorship, and professional development opportunities to nurture talent, foster career growth, and promote a culture of continuous learning and excellence.

Skills & Expertise:

Compensation & Other Benefits:
∎ Mobile bill, Provident fund, Weekly 2 holidays, Insurance
∎ Lunch Facilities: Partially Subsidize
∎ Salary Review: Yearly
∎ Festival Bonus: 3

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka (Mohakhali)

Job Highlights:
∎ We are currently seeking for highly qualified and experienced professionals to join our Business Development Team who will have to play a pivotal role in driving growth and efficiency across various business verticals

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: 11 Mar 2024

Category: Bank/Non-Bank Fin. Institution

Interested By University

University Percentage (%)
National University 12.71%
University of Dhaka 6.64%
American International University-Bangladesh 2.66%
Jagannath University 2.28%
Southeast University 2.28%
University of Rajshahi 1.90%
East West University 1.90%
University of Chittagong 1.71%
Jahangirnagar University 1.71%
BRAC University 1.52%

Interested By Age Range

Age Range Percentage (%)
20-30 37.57%
31-35 25.05%
36-40 14.61%
40+ 16.32%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 8.54%
20K-30K 21.06%
30K-40K 16.32%
40K-50K 9.49%
50K+ 44.59%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 19.35%
0.1 - 1 years 3.98%
1.1 - 3 years 11.57%
3.1 - 5 years 10.82%
5+ years 54.27%

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