Job Description
Title: Vice President - Microinsurance
Company Name: Guardian Life Insurance Limited
Vacancy: --
Location: Dhaka
Salary: Negotiable
Experience:
∎ At least 8 years
Published: 1 Mar 2025
Education:
∎ Master of Business Administration (MBA)
∎ Preference would be given to candidates having specialized insurance sales education.
Requirements:
Additional Requirements:
∎ The job holder should have a high level of managerial ability/self-confidence and be able to work with minimal supervision.
∎ Motivate and develop the Micro Department sales team members.
∎ Maintain a high level of communication with the Micro Sales Team.
∎ Ensure good inter-department coordination and communications.
∎ Specialized & Technical Skill:
∎ Previous experience in life insurance industry at a mid management level is preferred but not essential.
∎ Ideally, the job holder would have good micro industry connections at a senior level.
∎ Able to produce written business reports/correspondence in English and Bangla.
∎ Excellent communication and strong interpersonal Skills with the ability to work collaboratively across the organization.
∎ Strong commercial acumen and able to work in high a pressure environment.
∎ Excellent verbal communication skills, self-motivated to achieve aggressive targets.
∎ Managerial skills:
∎ Other Skills:
Responsibilities & Context:
∎ Develop the Micro Insurance customer segment in line with GLIL's Strategic and Annual Business Plans.
∎ Develop contacts at a senior level with existing and prospective MFIs, Agent Banks, Cooperatives etc. to distribute GLIL Microinsurance products through their nationwide networks.
∎ Oversee the introduction of new products and tailoring of existing products to the Bangladesh Microinsurance market.
∎ Grow revenues by exploring new business opportunities to increase access to additional market segments.
∎ Maintaining and developing strong partnership relationships with the existing & prospective clients.
∎ Supervises overall the performance of the micro insurance sales team.
∎ Preparation of various statements for HoD.
∎ Identify industry best practices and ensure GLIL provides the best customer relationship experience and support to our customers.
∎ Recommend processes to increase customer satisfaction and retention.
∎ Engage customers in regular discussions to transfer knowledge about GLIL's product offerings/solutions and understand their issues/ concerns.
∎ Coordinating with customer servicing staff to ensure timely service.
∎ Provide feedback from market and customers to HoD for continuous improvement/ ideation for new product and processes.
∎ Provide accurate and timely competitor updates/ best practices.
∎ Recommend customized products meeting customers' need.
∎ Identify and meet customer needs and product gaps in total product/ service offering.
∎ Ensure products, services and operations are regulatory compliant.
∎ Review, monitor and report on market and competitor activities and take necessary measures to revise the company's plans if required to protect and aggressively grow market share.
∎ Business Development:
∎ Customer Satisfaction and Retention:
∎ Product Innovation & Diversification:
Skills & Expertise:
Compensation & Other Benefits:
∎ Mobile bill, Performance bonus, Weekly 2 holidays, Insurance, Gratuity, T/A, Provident fund
∎ Lunch Facilities: Partially Subsidize
∎ Salary Review: Yearly
∎ Festival Bonus: 2
Employment Status: Full Time
Job Location: Dhaka
Company Information:
∎ Guardian Life Insurance Limited
∎ Head Office: Police Plaza Concord (13th Floor), Tower - 02, Plot # 02,
Road # 144, Gulshan Avenue, Dhaka-1212
∎ Guardian Life Insurance Limited is the fastest growing life insurance company in the country. Its main sponsors are Apex, BRAC, and Square and other reputed local and foreign investors. Guardian Life Insurance Limited is committed to the same high values, standards and culture as espoused by our sponsors. Guardian Life Insurance Limited has a vision to bring about a positive change & trust in the life insurance business, through product and process improvement, operational efficiency, excellent service and customer focus. It was established in January 2014 and has already managed to achieve an admirable position in the Insurance Industry and aims to achieve much higher standards in the coming years. Insurance is one way of being prepared for the worst; it offers the surety that the economic part of the pain will be taken care of, Guardian Life Insurance makes every effort required to deliver the best to its customers by providing them with world class insurance and outstanding customer service. They have begun their journey with the motive of offering their customers a healthier, secure and more hopeful future.
Guardian Life Insurance assures a highly skilled and well-informed workforce united with a blend of the latest technology in order to go the extra mile for their valued customers. Innovation, proper risk management and prudent investment mechanisms are our tools in ensuring maximum financial benefits for our customers.
The paid up capital of the company is BDT 33.67 Crores and authorized capital is set at 200 Crores, Guardian Life Insurance is determined to build confidence in the hearts of our sponsors through great administration.
Guardian Life Insurance Limited is seeking highly motivated and talented individuals who have integrity, the relevant experience and a positive attitude to help us bring about the desired change in the Life Insurance industry.
Address::
∎ Head Office: Police Plaza Concord (13th Floor), Tower - 02, Plot # 02,
Road # 144, Gulshan Avenue, Dhaka-1212
∎ Guardian Life Insurance Limited is the fastest growing life insurance company in the country. Its main sponsors are Apex, BRAC, and Square and other reputed local and foreign investors. Guardian Life Insurance Limited is committed to the same high values, standards and culture as espoused by our sponsors. Guardian Life Insurance Limited has a vision to bring about a positive change & trust in the life insurance business, through product and process improvement, operational efficiency, excellent service and customer focus. It was established in January 2014 and has already managed to achieve an admirable position in the Insurance Industry and aims to achieve much higher standards in the coming years. Insurance is one way of being prepared for the worst; it offers the surety that the economic part of the pain will be taken care of, Guardian Life Insurance makes every effort required to deliver the best to its customers by providing them with world class insurance and outstanding customer service. They have begun their journey with the motive of offering their customers a healthier, secure and more hopeful future.Guardian Life Insurance assures a highly skilled and well-informed workforce united with a blend of the latest technology in order to go the extra mile for their valued customers. Innovation, proper risk management and prudent investment mechanisms are our tools in ensuring maximum financial benefits for our customers.The paid up capital of the company is BDT 33.67 Crores and authorized capital is set at 200 Crores, Guardian Life Insurance is determined to build confidence in the hearts of our sponsors through great administration.Guardian Life Insurance Limited is seeking highly motivated and talented individuals who have integrity, the relevant experience and a positive attitude to help us bring about the desired change in the Life Insurance industry.
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 20 Mar 2025
Category: Bank/Non-Bank Fin. Institution
