Islami Insurance Bangladesh Limited is hiring for Assistant Managing Director- Underwriting

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Islami Insurance Bangladesh Limited

Islami Insurance Bangladesh Limited

 

Islami Insurance Bangladesh Limited

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Summary

  • Vacancy: 1
  • Age: 40 to 55 years
  • Location: Dhaka
  • Minimum Salary: Negotiable
  • Experience: At least 12 years
  • Published: 25 May 2025

 

Requirements

Education

  • Master of Commerce (MCom), Master of Business Administration (MBA) in Finance
  • M.Com/MBA Finance/Master of Insurance and Risk Management (MIRM)/ having degree of ABIA/ACII (UK/Malaysia) will get preferred.

Experience

  • At least 12 years
  • The applicants should have experience in the following business area(s):
    Insurance

Additional Requirements

  • Age 40 to 55 years
  • Must have full time work experience in a reputed non-life Insurance Company.
  • analyze financial data
  • evaluate degree of financial risk
  • follow contract, property, or insurance laws
  • gather relevant financial data
  • identify financial risks to company
  • inspect property
  • make decisions
  • review data on insurance applications or policies
  • use computers to enter, access and retrieve financial data
  • write business correspondence
  • Proven works experience in reputed non-life Insurance Company
  • Sufficient knowledge of modern communication techniques and best practices
  • Familiarity with industry’s rules and regulations and must have Excellent Leadership skills.

Responsibilities & Context

Responsibilities:

  • Insurance Underwriter’s Tasks Performed
  • Authorize reinsurance of policy when risk is high.
  • Decline excessive risks.
  • Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe profitable distribution of risks, using reference materials.
  • Evaluate possibility of losses due to catastrophe or excessive insurance.
  • Examine documents to determine degree of risk from such factors as applicant financial standing and value and condition of property.
  • Review company records to determine amount of insurance in force on single risk or group of closely related risks.
  • Write to field representatives, medical personnel, and others to obtain further information, quote rates, or explain company underwriting policies.

Compensation & Other Benefits

  • As per Company’s Service rules.

Employment Status

Full Time

Job Location

Dhaka

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