Minimum Masters from any reputed Public University. (Candidates having Insurance related degree or BIA Diploma is preferred).
The applicants should have minimum 10 (ten) years or more experience in Re-insurance & Claims in reputed General Insurance Companies. (Experience as In-charge in General Insurance Company is preferred)
Should be honest, trustworthy and hard working
Excellent interpersonal skills, influencing ability & an approachable working style to the needs of the organization.
Strong communication skills in Bangla and English
Willingness to visit claim affected areas as and when required.
Must have good knowledge in ERP system
Should be capable to work as individual or in team.
A leading publicly listed non-life insurance company in Bangladesh is seeking a dynamic and experienced professional to take charge for the above position.
Responsibilities:
To look after company's Re-insurance & Claims related activities as an In-charge/ Head of the department of the company.
Strong decision making & analytical capabilities & higher level of Management skill along with preparing and delivery of report as per requirement of the Board of Directors'/Management.
Ensure timely negotiations of both treaty and facultative reinsurance with local & overseas reinsurer.
Verifies details of claims of the company and submits them to the reinsurers to ensure that they meet their obligations promptly.
Negotiates and updates changes or amendments to treaty and facultative agreements approved by company management.
Reviews and verifies various reinsurance accounts and coordinates with the Finance Department to ensure the remittance of reinsurance premiums in compliance with contract requirements.
To collaborate with the reinsurer with the aim of obtaining technical support in underwriting and claims management.
To support various functions including portfolio management, risk assessment, reinsurance negotiation for new and renewal businesses.
To develop and maintain policies and procedures, with alignment to the reinsurance treaty and the reinsurance administration function;
To ensure the compliance with regulatory requirements related to reinsurance administration;
Lead and oversee claims management processes, ensuring timely and fair settlement.
Build and maintain strong relationships with local and international re-insurers and brokers.
Train and mentor team members to foster a culture of excellence.
Preparation of all papers for Claim Committee Meeting/ Board Meeting.
Making sure that claims are dealt with according to relevant insurance laws/other laws.
Strong Knowledge on re-insurance recovery from local & overseas reinsurer
Capable to handle all classes (Fire, Marine, Motor & Misc.) of Claims.
Attractive salary & allowances will be commensurate with experience & qualifications.
Contributory Provident Fund, Festival & Incentive bonuses, Group & Health Insurance.
Full Time
Anywhere in Bangladesh
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