Islami Insurance Bangladesh Limited

• Graduation/Post Graduation

• At least 5 years
• The applicants should have experience in the following business area(s): Insurance

• Age 30 to 45 years
• Strong knowledge of accounting principles and financial reporting.
• Knowledge of insurance and reinsurance accounting.
• Good understanding of taxation and statutory compliance.
• Strong analytical and numerical skills.
• Good knowledge of MS Excel and accounting/ERP software.
• Attention to detail and accuracy.
• Ability to meet strict reporting deadlines.
• Problem-solving and reconciliation skills.
• Good communication and interpersonal skills.
• Leadership and team-management capability.
• High level of integrity, confidentiality and professional ethics.

Job Level Management Grade Company/Department: Finance & AccountsJob Description/Responsibility (At least three must be given)• Maintain accurate and complete books of accounts of the
• Company.
• Record all financial transactions relating to insurance business and corporate operations.
• Maintain the General Ledger, subsidiary ledgers, journals, cash books and bank books.
• Ensure proper accounting of premium income, salary, claims, reinsurance transactions, investments, operating expenses and other income.
• Perform periodic reconciliation of general ledger and subsidiary accounts.
• Ensure timely closing of monthly, quarterly, half-yearly and annual accounts.
• Maintain proper supporting documents and audit trails for all financial transactions.
• Account for gross written premium, premium receivable, premium refunds and cancellations.
• Account for reinsurance premiums, commission, recoveries, claims and outstanding balances.
• Provide financial information to the Board, Management and relevant Board Committees.
• Assist in preparation of the Company's Annual Report.
• Ensure compliance with applicable insurance laws, regulations, rules, circulars and regulatory reporting requirements.
• Prepare and submit financial and regulatory statements within prescribed deadlines.
• Maintain records required by the insurance regulatory and other statutory authorities.
• Coordinate with regulatory authorities, external auditors and other relevant bodies as required.
• Prepare financial MIS for Management and the Board.
• Provide information on premium income, claims, expenses, receivables, investments, cash flow and profitability.
• Prepare branch-wise and business-segment-wise financial analysis.
• Provide timely financial information for decision-making.

• As per Company’s Service rules