Job Description (JD)
| Nama Program | General Takaful and Insurance Underwriting Management [FB-028-5:2014] |
|---|---|
| Kod CU | FB-028-5:2014-C05 |
| Competency | Core |
| Tajuk CU | RETAKAFUL AND REINSURANCE ARRANGEMENT |
| Penerangan CU | Retakaful/ Reinsurance arrangement aims in assissting takaful operators/insurers underwrite risk profitably, while preserving or enhancing capital strength and ratings. The placement is done by offering the risk to the local or overseas retakaful operators or insurers or reinsurers either through treaty or facultative method. There are two types of offers which are proportional and non-proportional. The arrangement is conducted according to the Bank Negara regulation and company’s guidelines. The person who is competent in Retakaful and Reinsurance Arrangement shall be able to prepare Retakaful/ Reinsurance arrangement requirement, carry out treaty Retakaful/ Reinsurance arrangement, and carry out Facultative Retakaful/ Reinsurance arrangement according to Bank Negara regulation and company’s guideline. The outcome of this competency is to reduce risk and loss exposure of Takaful Operator/ insurer by sharing or passing part of the risk of loss to Retakaful Operator(s)/ Reinsurer(s) or a group of Reinsurers |
| Tempoh Latihan | 230 |
| Objektif Pembelajaran | The person who is competent in this CU shall be able to reduce risk and loss exposure of Takaful Operator/ insurer by sharing or passing part of the risk of loss to Retakaful Operator(s)/ Reinsurer(s) or a group of Reinsurers. Upon completion of this competency unit, trainees will be able to: - Prepare Retakaful/ Reinsurance Arrangement Requirement - Carry out Treaty Retakaful/ Reinsurance Placement - Carry out Facultative Retakaful/ Reinsurance Placement |
| Pra-Syarat | 0 |