Muhammad Safiq Ubay
Pricing Manager at PT. Asuransi Jiwa Sequis Life- Claim this Profile
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Bio
Experience
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PT Asuransi Jiwa Sequis Life
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Indonesia
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Insurance
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300 - 400 Employee
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Pricing Manager
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Mar 2022 - Present
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Generali Indonesia
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Indonesia
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Insurance
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700 & Above Employee
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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
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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
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Education
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Institut Teknologi Bandung (ITB)
Actuarial Science -
Universitas Airlangga
Mathematics