Muhammad Safiq Ubay

Pricing Manager at PT. Asuransi Jiwa Sequis Life
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Contact Information
us****@****om
(386) 825-5501
Location
Jakarta, Indonesia, ID

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Experience

    • Indonesia
    • Insurance
    • 300 - 400 Employee
    • Pricing Manager
      • Mar 2022 - Present

    • Indonesia
    • Insurance
    • 700 & Above Employee
      • Jan 2017 - Mar 2022

      Assist Product Pricing the following key responsibilities:- Liaise with the Product Development Team to understand product design and implementation plan including core system setup/enhancement- Build & perform product modelling including premium calculation, profit testing and sensitivities analysis to ensure product meet profitability criteria based on Regional and Head Office Threshold- Ensure completeness for product submission from Local Product Committee - Regional Office /Head Office - OJK- Create/enhance Sales Illustration- Perform product monitoring for existing product portfolio to Regional & Head Office and also perform Annual Pricing Assumption Review. Show less

      • Nov 2015 - Jan 2017

      Responsible to provide and analyze:- Monthly Statutory Reserves for Group business- Monthly statistical information for All product to Finance Department - GPV reserves for traditional product (individual and group) using Prophet- Actuarial Liability Management report to Investment Department using prophet- Actuarial Reserve report to Regional Office (semi annually)- Claim Adequacy Test to Regional office and Generali Employee Benefit (semi annually)- Report Expense loading for Group Business and credit life product- Support deliver Annually and Quarterly report (reserve and operational) to OJK and AAJIExperience study:- Claim ratio for credit life product and group business- Persistency ratio for Unit linked product Show less

Education

  • Institut Teknologi Bandung (ITB)
    Actuarial Science
    2013 - 2015
  • Universitas Airlangga
    Mathematics
    2008 - 2012

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