Job Title: Head of Product & Actuary
Job Responsibilities
- Lead the Product & Actuarial Department of the company.
- Design, develop, and review innovative life insurance products in compliance with regulatory guidelines.
- Conduct actuarial valuation, pricing, profitability analysis, and product feasibility studies.
- Prepare actuarial reports, reserve calculations, and risk assessments.
- Analyze market trends and competitor products to identify business opportunities.
- Coordinate with reinsurance partners, underwriting, finance, and sales teams.
- Support management with actuarial insights for strategic decision-making.
- Manage product filing and regulatory approval processes with IDRA.
Education, Experience & Skills Requirements
- Bachelor’s/Master’s degree in Actuarial Science, Mathematics, Statistics, Finance, or related discipline.
- Partly/Fully qualified actuarial professional from recognized actuarial bodies will be highly preferred.
- Minimum 10 years of experience in life insurance industry. (less experience could be considered for managerial positions)
- At least 5 years in actuarial/product leadership role.
- Strong knowledge of life insurance products, actuarial valuation, pricing, and regulatory framework.
- Experience in embedded value, solvency, IFRS-17, and risk management will be considered an advantage.
- Analytical & Decision-Making Skills
Eligible interested candidates may send their updated CV to hr@charteredlifebd.com with the subject line “Application for Head of Product & Actuary” within 20 May 2026. |