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Bangladesh Insurance Association

Sr. Consultant (Non-Life)

Application Deadline: Oct 20, 2025
Summary
Published: Oct 07, 2025 Vacancy: Not Specified Gender: No Preference
Age: At least 50 years Career Level: Expert Level Experience: 15 Year
Salary: Negotiable Location: Dhaka
Requirements

Education


  • Bachelor/Honors, Any Discipline Bachelor/Honors, results at least 2nd Class or equivalence CGPA from any recognized university.

Experience


  • 15 Year

Additional Requirements

  • In-depth knowledge of insurance-related laws, rules, and guidelines.

  • Strong understanding of re-insurance, treaty, treaty renewal, claims payments, and commission processes.

  • Knowledge of corporate governance and general management best practices.

  • Entrepreneurial mindset with outstanding organizational and leadership skills.

  • Analytical abilities and problem-solving skills.

  • Excellent communication and public speaking skills.

  • Proven experience as CEO in a reputed non-life insurance company will get preference.


Responsibilities & Context

1. Technical & Analytical Responsibilities

  • Conduct pricing, reserving, and profitability analysis for various non-life insurance products.

  • Develop and validate actuarial models using tools such as R, Python, or Excel-based models.

  • Perform loss ratio and claims trend analysis to assess portfolio performance.

  • Support reinsurance strategy development and evaluate reinsurance arrangements.

  • Assist in IFRS 17 and Solvency II-related actuarial calculations and documentation.

2. Client Advisory & Consulting

  • Provide strategic advice on product design, risk selection, underwriting policies, and claims management.

  • Prepare and present consulting reports and recommendations to senior management and stakeholders.

  • Collaborate with cross-functional teams (finance, underwriting, operations, IT) to implement actuarial insights.

  • Support clients in regulatory compliance and actuarial audit support engagements.

3. Business Development & Project Management

  • Lead or contribute to consulting projects, ensuring timely delivery within scope and budget.

  • Support business proposals, client presentations, and technical write-ups for new projects.

  • Mentor and guide junior consultants or analysts, ensuring knowledge sharing and skill development.

4. Research & Innovation

  • Keep updated with emerging trends in the non-life insurance sector, such as data analytics, InsurTech, and machine learning.

  • Contribute to thought leadership articles or internal knowledge databases.

  • Recommend innovative data-driven solutions to enhance actuarial and business outcomes.


Compensation & Other Benefits
  • Salary Review: Yearly
  • Lunch Facilities: Partially subsidize
  • Festival Bonus: 3

Other Benefits


  • Other benefits will also be provided according to company rules and regulations.

Work Place

Work from Office

Employment Status

Type: Contract

Job Location

Dhaka

Read Before Apply

Application Procedure

Interested candidates are requested to send their applications along with a detailed CV, a recent passport-size photograph, and relevant documents addressed to the President, Bangladesh Insurance Association at [email protected] by October 20, 2025.

Applicants may also apply directly through BDJobs Live.

Company Information
Company Name: Bangladesh Insurance Association

Address: Hossain Tower (9th floor), Box Culvert Road 116, Naya Paltan, Dhaka-1000, Bangladesh.


Business Type : Bank/Non-Bank Fin. Institution

Website Link : biabd.org
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