Head of Reporting Actuary

PT Asuransi Bina Dana Arta Tbk; Daerah Khusus Ibukota Jakarta; On-site; IDR 300.000.000 - 400.000.000; Full time

Job summary

A leading company in general insurance is seeking an Actuary to implement IFRS 17, develop reserving processes, and analyze statistical data. The ideal candidate will possess a Bachelor's in Actuarial Science and have strong analytical and problem-solving skills, alongside two years' experience in the insurance industry. The role offers a dynamic working environment and opportunities for professional growth.

Qualifications

• Experienced for 2 years handling actuarial matters in general insurance.
• Progress towards or completion of professional actuarial examinations desirable.
• Knowledge of insurance, finance, and risk management principles.

Responsibilities

• Implement IFRS 17 and produce IFRS 17 reserve figures.
• Develop and maintain actuarial reserving process and documentation.
• Analyze statistical data and prepare reports for portfolio management.

Skills

Analytical skills

Problem-solving

Communication

Interpersonal skills

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics

Tools

Statistical analysis software

Excel

Job description

Implement IFRS 17 and produce IFRS 17 reserve figures.

Develop and maintain actuarial reserving process, methodology, guidelines and documentation.

Perform testing and parallel run on IFRS 17 actuarial reserving process.

Communicate with Appointed Actuary, Regional / Group team, Auditor and Consultant regarding implementation of IFRS 17.

Work closely with BAU Actuarial and Finance Accounting in process alignment to IFRS 17 future process.

Analyze statistical data, prepare reports and regular presentations for portfolio management purpose.

Collaborate with Appointed Actuary, Portfolio Analyst, Underwriter, Finance Accounting and Claim team to develop strategies for minimizing risks and maximize the profitability.

Who we are looking for :

Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field.

Progress towards or completion of professional actuarial examinations (e.g., from PAI, SOA or CAS) is highly desirable.

Proficiency in statistical analysis software and Excel.

Strong analytical and problem-solving skills.

Excellent communication and interpersonal skills, with the ability to explain complex financial concepts in a clear and concise manner.

Ability to work independently and as part of a team.

Knowledge of insurance, finance, and risk management principles.

Experienced for 2 years handling actuarial matters in general insurance industry.

Experienced with actuarial reserving and valuation process.

What's your expected monthly basic salary?

Which of the following types of qualifications do you have?

How many years' experience do you have as an Actuary?

How many years' experience do you have in the insurance industry?

How would you rate your English language skills?

Insurance & Superannuation 101-1,000 employees

PT Asuransi Bina Dana Arta Tbk was founded as PT Asuransi Bina Dharma Arta in Jakarta on 12 October 1982. On 1999, PT Asuransi Bina Dharma Arta became public company and rebranded to PT Asuransi Bina Dana Arta Tbk, or also known as ABDA. Since 9 February 2023, ABDA Insurance changed its brand to OONA Insurance.

OONA focuses on providing protection against any losses or damages, such as Fire, Vehicles, Engineering, Liability, Transportation, Heavy Equipment & Machinery, Health Protection and many more.

With the support of branches spreading all over Indonesia and along with over 400 employees, we are steadily growing and becoming a strong general insurance company and a force to be reckoned with among Insurance providers in Indonesia.

PT Asuransi Bina Dana Arta Tbk was founded as PT Asuransi Bina Dharma Arta in Jakarta on 12 October 1982. On 1999, PT Asuransi Bina Dharma Arta became public company and rebranded to PT Asuransi Bina Dana Arta Tbk, or also known as ABDA. Since 9 February 2023, ABDA Insurance changed its brand to OONA Insurance.

OONA focuses on providing protection against any losses or damages, such as Fire, Vehicles, Engineering, Liability, Transportation, Heavy Equipment & Machinery, Health Protection and many more.

With the support of branches spreading all over Indonesia and along with over 400 employees, we are steadily growing and becoming a strong general insurance company and a force to be reckoned with among Insurance providers in Indonesia.