Leading Group Insurance for the definition of the insurance needs of the business, whilst complying with the Group Insurance Management Policy
Defining the insurance strategy for the company, with the aim of ensuring optimal risk allocation to the market, complying with regulatory and contractual arrangements whilst minimizing overall "cost of risk".
Ensuring the procurement of the best value insurance coverage and related services at the best prices for both Global and Local Insurances
Effectively managing all the activities related to insurance programmers and contracts, and ensuring control over insurance documents issuances, and document evidence compliance
Regular product related reporting to business and internal stakeholders
Managing insurance claims and managing relations and communications with the insurance companies, insurers' engineers, and loss adjusters
Ensures timely communication and response to inquiries from employees and employed groups
Ensures that benefits, premium rates, effective dates of coverage selected by new groups are correctly reflected in the enterprise system of the company. This applies to both new groups and renewing groups
Establishes and maintains departmental performance standards and ensures timely reporting of these departmental performances
Provides adequate reporting to management as to the performance of Insurance Administration
Analyze end to end journey of Group Life and Health and suggest mitigations required to grow the business
Responsible for administering claims in a manner that conforms to the insurance policy(ies) provisions of contracted insurance carriers
Educational Requirements :
MBA/Masters from reputed public/private university
Dhaka University, Jahangirnagar University, Jagannath University, BRAC University, North South University, East West University will get preference
Candidate should have strong knowledge in Bancassurance
Experience Requirements :
At least 10 year(s)
Additional Requirements :
Age at least 40 years
The applicants should have experience in the following business area(s):
Life Insurance
Applicant should have experience in the financial companies in the National and global context
Job experience at least 05 years in the insurance industries in home and abroad will get preference
Excellent verbal and written communication skills
Excellent interpersonal negotiation and conflict resolution skills
Excellent organizational skills and attention to detail
Strong analytical and problem-solving skills
Strong financial products process and regulation knowledge
Ability to prioritize tasks and to delegate them when appropriate
Ability to act with integrity, professionalism and confidentiality
Thorough knowledge on employment-related laws and regulations
Proficient with Microsoft Office Suite and related software
Creativity & Innovation
Hard working, proactive & ability to work under pressure
Compensation & Other Benefits :
How to Apply
Hard Copy
Interested candidate`s who meets the above requirements can submit application and CV to the HRD & Admin Division, Padma Islami Life Insurance Ltd.
PADMA LIFE TOWER, 115 KAZI NAZRUL ISLAM AVENUE , DHAKA -1000