Job Description (JD)
| Nama Program | General Takaful and Insurance Underwriting Management [FB-028-5:2014] |
|---|---|
| Kod CU | FB-028-5:2014-C04 |
| Competency | Core |
| Tajuk CU | LARGE AND SPECIALISED RISK UNDERWRITING |
| Penerangan CU | The Large and Specialised Risks scheme was set up by Bank Negara Malaysia in January 1994. The main objectives of the scheme is to optimise national retention within Malaysia, reduce invisible exports, enable clients to obtain best possible cover at international competitive terms as well as to enhance technical expertise and professional standards in the Malaysian insurance industry. The coverage include Property, Contractor All Risk (CAR)/ Erection All Risk (EAR), Marine Hull, Marine Port, Aviation Hull, Aviation Liability and Oil & Gas industry according to Bank Negara risk definition Large and Specialised Risk Takaful & Insurance Underwriting is a process of assessing and evaluating risk to determine exposure of loss related to Large and Specialised Risk according to company’s underwriting guidelines and statutory bodies’ requirements. The person who is competent in Large and Specialised Risk Underwriting shall be able to prepare Large and Specialised risk assessment requirement, conduct Large and Specialised risk assessment, prepare Large and Specialised Risk Takaful Contribution/ Insurance Premium quotation, arrange Retakaful/ Reinsurance placement, and supervise the processing of Large and Specialised Risk Takaful Certificate/Insurance Policy according to company’s underwriting guidelines and statutory bodies’ requirements. The outcome of this competency is to determine the Large and Specialised Risk Takaful Contribution/Insurance Premium rate and produce Large and Specialised Risk Takaful Certificate/ Insurance Policy to fulfil applicant’s need and requirement. |
| Tempoh Latihan | 180 |
| Objektif Pembelajaran | The person who is competent in this CU shall be able to determine the Large and Specialised Risk Takaful Contribution/Insurance Premium rate and produce Large and Specialised Risk Takaful Certificate/Insurance Policy to fulfil applicant’s need and requirement. Upon completion of this competency unit, trainees will be able to: • Prepare Large and Specialised Risk assessment requirements • Conduct Large and Specialised Risk assessment • Prepare Large and Specialised Risk Takaful Contribution/ Insurance Premium Quotation • Acquire acknowledgement from Scheme Manager • Supervise the processing of Large and Specialised Risk Takaful Certificate/ Insurance Policy |
| Pra-Syarat | 0 |