Job Summary
Published on: 1 Feb 2021
Vacancy: 01
Employment Status: Full-time
Experience: 10 year(s)
Job Location: Dhaka Bangladesh
Salary: Negotiable
Application Deadline: 14 Feb 2021
Job Responsibilities
Business Development:
- Develop the Micro Insurance customer segment consistent with GLIL's Strategic and Annual Business Plans.
- Develop contacts at a senior level with existing and prospective MFIs and Agent Banks to distribute GLIL insurance products through their nationwide networks.
- Oversee the introduction of new services and tailoring of existing products to MFIs and Agent Banks
- Promote GLIL because the country's largest micro-insurance provider to stakeholders including; MFIs/Agent Banks/Regulators/General Public.
- Grow revenues by exploring new business opportunities to improve access to additional market segments.
- Maintaining and develop strong partnership relationships with the present & prospective clients.
- Supervises overall the performance of the microinsurance sales and business support team.
- Preparation of varied statements for Board, Management & Regulatory bodies.
- Customer Satisfaction and Retention:
- Identify industry best practices and ensure GLIL provides the most effective customer relationship experience and support to the customers.
- Implement processes to improve customer satisfaction and retention.
- Engage customers in regular discussions to transfer information about GLIL's product offerings/solutions and understand their issues/ concerns.
- Coordinating with customer servicing staff to make certain timely service.
- Increasing insurance awareness and product penetration among NGOs, MFIs and Bank's customers and Bank staff members.
- Product Innovation & Diversification:
- Provide feedback from market and customers to Actuarial Dept. for continuous improvement/ ideation for new products and processes.
- Ensure timely dissemination of knowledge on products, market updates.
- Provide accurate and timely competitor updates/ best practices.
- Designing customized products meeting customers’ needs.
- Identify and meet customer needs and product gaps in total product/ service offering.
- Ensure product services and operations are regulatory compliant.
- Review, monitor, and report on market and competitor activities and take necessary measures to revise Guardian Life Insurance's plans if required to safeguard and aggressively grow market share.
Employment Status
Full-time
Educational Requirements
MBA/ Masters from a reputed university.
Preference could be directed at candidates having specialized insurance education.
Experience Requirements
At least 10 year(s)
The applicants should have experience in the next area(s):
Financial Services, Insurance, Life Insurance, Micro Finance
Additional Requirements
- Managerial skills:
- The task holder should have a higher level of managerial ability/self-confidence and find a way to work well with minimal supervision.
- The task holder is an energetic member of MAN-COM and a team player.
- Motivate and develop the Micro Department team members.
- Ensure we recruit the most effective talent.
- Maintain a higher level of communication with the Micro Team.
- Ensure good inter-department coordination and communications.
- Highly effective Project Management skills.
- Specialized & Technical Skill:
- Previous experience in the life insurance industry at a senior executive level is preferred however not essential.
- Other Skills:
- Ideally, the task holder might have good micro-industry connections at a senior level.
- Able to create written business-reports/correspondence in English and Bangla.
- Excellent communication and strong interpersonal skills with the ability to work collaboratively over the organization.
- Strong commercial acumen and ability to work in a high-pressure environment.
- Excellent verbal communication skills, self-motivated to accomplish aggressive targets.
Job Location
Dhaka Bangladesh
Salary
Negotiable
Compensation & Other Benefits
Medical allowance, Performance bonus, Provident fund, Weekly 2 holidays, Insurance, Gratuity
Lunch Facilities: Partially Subsidize
Salary Review: Yearly
Festival Bonus: 2
