Waqas Ahmad

Executive Director at Salaam Takaful Limited (Formerly Takaful Pakistan Limited)
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Contact Information
us****@****om
(386) 825-5501
Location
Pakistan, PK

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Experience

    • Pakistan
    • Financial Services
    • 100 - 200 Employee
    • Executive Director
      • Aug 2019 - Present

      ED/Project Head-Family Takaful. Life/Family Takaful planning and feasiblity for all Functions of new Salaam Family Takaful Company. Digital Channels, InsureTech Life Products Development, Operational Readiness all areas. Technical SOP/Guidelines all Functional areas Project Sponsor-Life Core IT Business System and digital partner portals Inhouse Development from scratch. Previously Headed Health Division for 2 years, Universal Health projects, Initiative of formation of JV/Consortium of private insurers in major UHI projects of KPK and Punjab. Introduced Service Quality and Customer Experience Initiative as a new function in company Show less

    • Pakistan
    • Financial Services
    • 200 - 300 Employee
    • Chief Operating Officer
      • Aug 2015 - Jul 2019

      Responsible for Family Takaful technical and Operations area (Life underwriting as Chief underwriter, Servicing, bancatakaful, Calims, Product Development, Regulators affairs, Retakaful arrangements, Branch operations,Persistency monitoring, IT systems and digital platform Development advise, Sales training and monitoring and related areas) Member of strategic decision making committees like Executive Management , Underwriting, Retakaful, Compliance,Risk management committees Responsible for Family Takaful technical and Operations area (Life underwriting as Chief underwriter, Servicing, bancatakaful, Calims, Product Development, Regulators affairs, Retakaful arrangements, Branch operations,Persistency monitoring, IT systems and digital platform Development advise, Sales training and monitoring and related areas) Member of strategic decision making committees like Executive Management , Underwriting, Retakaful, Compliance,Risk management committees

    • Saudi Arabia
    • Insurance
    • 700 & Above Employee
    • Life Underwriting, Policy Servicing & Claims Head
      • Jul 2013 - Aug 2015

      Set Up life underwriting and servicing /claims function from scratch including system setup/testing , Process flows Retakaful Treaty, forms , guidelines. Risk Assessment large risks. Hired and trained Jr Underwriting team Established panel clinic setup for Life underwriting. Contributed in Set up and worked with stakeholdet teams for Individual Life Technical and operations areas while working with all areas Sales,IT, Finance, Training, Actuarial and Sharia. Worked as team member for product and process Set-up both BancaTakaful and DSF channel. Show less

    • Pakistan
    • Financial Services
    • 200 - 300 Employee
    • Head Of Underwriting & Individual/Banca life Operations
      • Apr 2007 - Jun 2013

      Worked as founding Chief Underwriting Officer. Also responsible for Customer services, Individual life product development & bancatakaful operations in addition to Branch Operations and Agency support function. Worked as founding Chief Underwriting Officer. Also responsible for Customer services, Individual life product development & bancatakaful operations in addition to Branch Operations and Agency support function.

    • Manager-Underwriting & Policy Holder services
      • 1992 - 2007

Education

  • Centre of Islamic Economics
    PGD, Islamic Finanance
    2007 - 2008
  • Allama Iqbal Open University
    MBA, Marketing/Marketing Management, General
    1998 - 2000
  • LOMA
    Fellow, life Management Institute(FLMI), Associate, Customer services(ACS), Insurance
    1992 - 1994
  • Government College University, Faisalabad
    BSc, Math/Physics
    1987 - 1991
  • The Institute of Chartered Accountants of Pakistan
    Certified Director, Director training program
    2021 -

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