Ferdaus Mohd Khasim

Experience

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  Hong Leong MSIG Takaful

  Jan 2009 - Feb 2012

  Actuarial Executive

  -Prepare actuarial certificate of new takaful product.-Determine contribution rates of new product.-Conduct profit testing of new product.-Develop Sales Illustration of new product for marketing purposes.-Assist IT department to set up the new product in the system.-Perform user acceptance test to ensure the calculation in the system is correct and consistent with the product fact sheet.

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  Great Eastern Takaful Bhd.

  Sept 2013 - Aug 2015

  Senior Executive, Actuarial (product pricing)
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  Takaful Ikhlas Berhad

  Aug 2015 - Aug 2017

  AVP, Actuarial Services
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  Islamic Development Bank (IsDB)

  Sept 2017 - now

  Reinsurance Specialist

  The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) was established in 1994, pursuant to a recommendation by the Organization for Islamic Cooperation's (OIC) Standing Committee for Economic and Commercial Cooperation (COMCEC) to establish a multilateral export and investment insurance institution. It was formally created as an autonomous multilateral export credit insurance entity, and a member of the Islamic Development Bank (IDB) Group. ICIEC is based in Jeddah, Kingdom of Saudi Arabia and has representative offices in Dubai (UAE), Istanbul (Turkey), Dakar (Senegal), Almaty (Kazakhstan), Dhaka (Bangladesh), Jakarta (Indonesia), Cairo (Egypt), Rabat (Morocco), and Riyadh (Saudi Arabia). Its shareholders are the AAA- rated IDB and 49 countries which are members of the OIC. Since 2008, ICIEC has continuously been assigned a rating Aa3 by Moody's.ICIEC was established with the objective of increasing the scope of trade transactions of its member countries, and to facilitate the flow of foreign direct investments into these countries. ICIEC fulfills these objectives by providing appropriate Sharia-compliant credit and political risk insurance and reinsurance solutions.The Reinsurance Function at ICIEC is responsible in managing both inward and outward reinsurance operations, including treaty and facultative placements. The ICIEC total reinsurance size in terms of business insured as of FY 2023 amounting $8.15 billion from the $13.32 billion aggregate business insured issued by the Corporation. As a Reinsurance Specialist, I am in-charge of; 1. Account maintenance such as engages in management of reinsurance contract documentation, ensure accurate data inputs, process and calculate reinsurance premiums, follow-up with brokers/ceding company for any reinsurance matter2. Client or reinsurance relationship management3. Reinsurance coverage advice4. Other reinsurance services and attributes5. Inward reinsurance program Show less