Abstract
This study aims to explore the potential model of collaboration among institutions such as the Financial Services Authority (OJK) as regulators, higher education institutions, general higher education institutions and religious higher education, sharia insurance industry associations, actuary professional associations and sharia insurance companies to carry out non-sharia certification of the sharia actuary profession. This study uses descriptive qualitative approach and literature study method. The results of the study recommend that certification programs that span sharia actuaries require several institutional roles includingFinancial Services Authority (OJK), National Sharia Council (DSN), Indonesian Ulema Council (MUI), Indonesian Syariah Insurance Association (AASI) and Indonesian Actuary Association (PAI). Each agency has their respective duties and functions such as regulators, prospective actuary providers, distance education providers, certification providers, and material providers.
Highlights
Financial Services Authority (OJK) has issued a 2015-2019 Sharia Non-Bank Financial Industry (Sharia IKNB) development plan which contains the vision, aspirations and target targets for the development of the Sharia Non-Bank Financial Industry (Sharia IKNB) in Indonesia
The risk assessment will determine how much the insurance policyholder must pay the premium and how many claims must be paid by the insurance participant
Errors in determining the risk assessment will make the insurance company make a mistake in setting the premium cost and established the claim holder's fee; the insurance company will bear the loss
Summary
Financial Services Authority (OJK) has issued a 2015-2019 Sharia Non-Bank Financial Industry (Sharia IKNB) development plan which contains the vision, aspirations and target targets for the development of the Sharia Non-Bank Financial Industry (Sharia IKNB) in Indonesia. A critical point of concern is how to increase the quantity and quality of human resources in the Sharia Non-Bank Financial Industry (Sharia IKNB) in Indonesia. The quality and quality of human resources in Sharia NonBank Financial Industry (Sharia IKNB) is a very strategic and crucial issue. Along with the growth of Sharia Non-Bank Financial Industry (Sharia IKNB), the demand for qualified and qualified human resources is inevitable. The risk assessment will determine how much the insurance policyholder must pay the premium and how many claims must be paid by the insurance participant. Errors in determining the risk assessment will make the insurance company make a mistake in setting the premium cost and established the claim holder's fee; the insurance company will bear the loss. The role of the actuary included as a person who calculates risks that will be faced by insurance companies that cover business risks and financial risks (Ali, 2009)
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
