Actuary - Local Statutory and Capital Management

Michael Page; Daerah Khusus Ibukota Jakarta; On-site; USD 60.000 - 90.000; Full time

Job summary

A leading life insurance company is seeking a strategic leader for local statutory reporting. This role involves managing financial projections, ensuring compliance with OJK standards, and coordinating with various teams. The ideal candidate will have extensive experience in life insurance, strong analytical skills, and excellent communication abilities in both Bahasa Indonesia and English.

Benefits

Attractive remuneration package

Career Path

Great opportunity to step into a strategic role

Qualifications

• Minimum 10 years of experience in life insurance or financial services.
• Strong exposure to statutory reporting and capital management.
• Solid understanding of Indonesian regulatory requirements.

Responsibilities

• Lead the end-to-end process of local statutory reporting.
• Drive preparation and review of financial projections.
• Act as a liaison with regulators and external auditors.

Skills

Analytical skills

Problem-solving skills

Communication in Bahasa Indonesia

Communication in English

Education

Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics

Fellow or near-Fellow of a recognized actuarial body

Job description

• Multinational and market leader
• Attractive remuneration package

About Our Client

A leading life insurance company.

Job Description

• Lead the end-to-end process of local statutory reporting in line with OJK and regulatory standards
• Drive the preparation and review of financial projections for Strategic Planning, OJK Business Plan and Appointed Actuary Report.
• Monitor and manage capital adequacy, solvency, and support capital optimization initiatives
• Coordinate across finance, actuarial, and risk teams to ensure accurate and timely submissions
• Act as a liaison with regulators and external auditors on financial and compliance matters
• Stay up to date with regulatory changes and assess their impact on capital and reporting processe

The Successful Applicant

• Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, or related fields.
• Fellow or near-Fellow of a recognized actuarial body (e.g., FSAI, FSA, FIA, etc.).
• Minimum 10 years of experience in life insurance or financial services, with strong exposure to statutory reporting and capital management
• Solid understanding of Indonesian regulatory requirements (OJK, PSAK, etc.)
• Strong analytical and problem-solving skills
• Excellent communication in Bahasa Indonesia and English

What's on Offer

• Great opportunity to step into a strategic role
• Attractive package and benefit
• Career Path