Head of Actuary

BDT(Tk)  Negotiable Full time on site
Head of Actuary
Job Description

Requirements

Education
  • Bachelor’s degree in Mathematics/ Statistics/ Finance.

  • Masters/Diploma in Actuarial Science.

  • Must have passed at least 1-3 actuarial exams conducted by recognized bodies such as the Institute and Faculty of Actuaries (IFoA), UK, SOA.

Experience
  • At least 5 years
  • The applicants should have experience in the following business area(s):
    Insurance
Additional Requirements
  • Minimum 5 years of experience in an actuarial role within the life insurance sector.

  • Proficiency with actuarial software and tools is preferred.

  • Strong skills in statistical and financial modeling.

  • Advanced proficiency in Microsoft Office applications.


Responsibilities & Context

  • Conduct actuarial valuations and risk assessments for life insurance products.

  • Develop and maintain pricing models for new and existing insurance policies/Products.

  • Analyze financial data to ensure company solvency and compliance with regulatory requirements.

  • Provide recommendations for product design and premium structures based on market research.

  • Collaborate with underwriters, data analysts, and senior management to align actuarial strategies with business objectives.

  • Prepare reports for internal and external stakeholders, including regulators.

  • Monitor trends in mortality, morbidity, and investment returns to enhance actuarial assumptions.

  • Analyze statistical data and expenses to forecast future risks and liabilities.

  • Develop and refine life insurance products to meet market demands and regulatory requirements.

  • Monitor and evaluate financial performance to ensure long-term sustainability.

  • Advise management on risk management and investment strategies.


Skills & Expertise


Compensation & Other Benefits

  • Mobile bill, Provident fund, Gratuity, Insurance, Weekly 2 holidays
  • Salary Review: Yearly
  • Festival Bonus: 2

Workplace

Work at office

Employment Status

Full Time

Job Location

Dhaka (Malibag Abul hotel)

Job Highlights

Successful candidates will receive world-class training for managing multinational companies. We prioritize a learning mindset and continuous growth. Join us on this exciting journey!