Jakarta

Graduate

Part Qualified

Qualified

Life

Health

Property & Casualty

Reserving

Reporting

Risk

Modelling

Prophet

Pricing

Valuation

Consulting

Excel

Description<ul><li>Work closely with a team of consultants based in Asia delivering high-quality work to our clients, working with some of the best actuarial experts in the region.</li><li>Work on diverse range of actuarial projects (actuarial modeling, reporting, pricing, M&amp;A, etc.)</li><li>Contribute to research projects and innovate new solutions to help our clients.</li><li>Work effectively and efficiently in project teams led by senior actuaries.</li><li>Help develop and maintain client and internal relationships.</li><li>Work in a flexible and fast-paced environment.</li></ul>As a core individual within the team, you will support the development and successful delivery on a diverse range of projects across the South East Asian markets. This is likely to include work in mergers and acquisitions, modelling, pricing of new products, and valuation of life insurance companies, amongst others. A strong focus will be placed on your ongoing professional development within an exciting and stimulating working environment. Candidates should have the following skills and attributes:<ul><li>Graduate of a program in Actuarial Science, Mathematics, or other numerate degree subject with strong academic record. Good progress on actuarial exams would be a plus.</li><li>Ability to analyze and apply creative problem-solving skills both independently and within a team.</li><li>Self-motivated individual with a sense of intellectual curiosity, willingness, and ability to learn new things.</li><li>Excellent communication in both English and Bahasa Indonesia as well as time management skills.</li><li>Proficiency in Excel and VBA and experience with actuarial software would be an extra value.</li></ul>

What You do:<ul><li>Ensuring the appropriateness of reserving methods and assumptions used for any new products being developed besides reviewing their profitability.</li><li>Estimating fair liabilities based or financial projections on relevant assumptions, appropriate data or proper actuarial methodology in accordance with local financial authority guidelines and applicable financial standards.</li><li>Maintaining company’s solvability ratio in accordance with applicable regulations.</li><li>Ensuring the local monthly or yearly regular submission including annual reinsurance program to comply local authority requirement in timely manner and providing actuary report with description if any deviation of assumption between expected risk to the incurrent event along with recommendation to keep company performance to meet its future liability.</li><li>Maintaining collaboration with risk management team in monitoring actuarial aspect of product, reinsurance arrangement and business plan.</li></ul>What You bring:<ul><li>Fellow of the Institute and Faculty of Actuaries (or equivalent).</li><li>A strong academic record, with at least bachelor degree in a quantitative subject such as Mathematics, Statistics or Business.</li><li>Strong Excel skills.</li><li>Working knowledge of other Microsoft products such as Word, PowerPoint etc.</li><li>Familiarity with actuarial reserving, pricing or capital modelling techniques and software.</li><li>Engaging at all levels of seniority, build strong relationships and influence effectively.</li></ul>Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.Join us. Let's care for tomorrow.

What you do:<ul><li>Prepare overrun, MCEV, ALM, ECM reports</li><li>Analyze reported figures</li><li>Support in Actuarial Model UAT</li><li>Support on analysis of feasibility of various campaigns</li></ul>What you bring:<ul><li>Degree in Mathematics, Statistics or Actuarial science</li><li>Preferably have experiences 1-2 years</li><li>Has similar experiences in preparing MCEV and ECM figures for semi-annually report, ALM figures for quarterly report, and expense overrun monthly report</li><li>Computer Literate and have exposure using Prophet</li></ul>

Company ActuaryWho we areAmerican International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance in approximately 70 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets and manage risks.We’re also committed to making a positive difference for our colleagues and in the communities where we work and live. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.Get to know the businessGeneral Insurance is a leading provider of insurance products and services for commercialand personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers througha diversified, multichannel distribution network.As an actuary at AIG, you will be challenged and encouraged to reach your greatest potential. Every day will bring new opportunities to stretch your analytical and problem- solving skills as you improve how we predict, manage and mitigate risk. Our Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG’s major regulated and rated insurance operating companies globally. Actuaries support AIG’s businesses and are responsible for technical pricing, product development analytics and performance measurement. We collaborate with Finance, Claims, Operations, Marketing and Risk Management, among other functions.About the roleWhat you need to knowThis role will cover the Indonesia requirements and support the SVIP actuarial team on other work within the SVIP (Singapore, Vietnam, Indonesia, Philippines) clusterIndonesia:<ul><li>Ensure accuracy and timeliness of actuarial input to regulatory returns</li><li>Provide sign-off on annual statutory actuarial reports, and ensure this is reviewed by an external consultant at least once every 3 years</li><li>Provide local actuarial oversight on technical reserves, working with the regional reserving team to understand business trends</li><li>Provide actuarial sign-off for new product submissions</li><li>Prepare monitoring and evaluation of the company product performance</li><li>Member of Product Development &amp; Investment Committees and Reinsurance Team</li><li>IFRS17 implementation for application from January 1, 2025</li></ul>SVIP:<ul><li>Peer review DVR results, carry out any side analyses needed</li><li>Support the team in budgeting and forecast processes</li><li>Work closely with the SVIP head of actuarial to optimize the quarter-close process</li><li>Support the team with any other ad-hoc projects including pricing exercises, data optimization projects, building monitoring frameworks/dashboards etc</li></ul>What we’re looking for:<ul><li>Degree in actuarial science, math, statistics or related fields</li><li>Having at least 3 years relevant experience in insurance business</li><li>Having FSAI qualification issued by PAI</li><li>Demonstrate a strong analytical capability, good at math and statistics and also passionate about how quantitative analysis can benefit business strategy</li><li>Effectively communicate with stakeholders and possess confidence to speak up with their ideas and convince decision-makers that certain policies are the best options for their business.</li><li>Easy to adapt and able to learn fast on the job</li></ul>We are an Equal Opportunity EmployerAmerican International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation.At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

Milliman is looking for talented and enthusiastic candidates with 1-5 years of working experience in the life insurance industry to join our team in Indonesia as an Actuarial Analyst.As a core individual within the team, you will support the development and successful delivery on a diverse range of projects across the South East Asian markets. This is likely to include work in mergers and acquisitions, modelling, risk management, and business/product strategy work in addition to traditional actuarial work (e.g. pricing of new products, and valuation of life insurance companies amongst others). This role may involve international travel from time to time.A strong focus will be placed on your ongoing professional development within an exciting and stimulating working environment. Candidates should have the following skills and attributes:<ul><li>Graduate of a program in Actuarial Science, Mathematics, or other numerate degree subject with strong academic record</li><li>Ability to analyse and apply creative problem-solving skills both independently and within a team</li><li>Self-motivated individual with a sense of intellectual curiosity and the willingness and ability to learn new things</li><li>Excellent communication and time management skills</li><li>Proficiency in Excel and VBA and experience with actuarial software would be a plus</li></ul>About MillimanMilliman is among the world’s largest independent actuarial and consulting firms. We provide support to our clients in the following primary practice areas:<ul><li>Life and financial consulting services</li><li>Employee benefits, investment, and compensation consulting services</li><li>Property and casualty consulting services</li><li>Health consulting services</li></ul>Milliman was founded in 1947 and today has offices in principal cities worldwide, covering markets in North America, Latin America, Europe, Asia and the Pacific, and the Middle East. With more than 4,500 employees and revenues of US$1.28billion in 2020, the firm serves the full spectrum of business, governmental, and financial organisations.Our Asian presence has over 400 employees working across 13 offices in many principal Asian cities including Singapore, Kuala Lumpur, Jakarta, Hong Kong, Beijing, Shanghai, Taipei, Delhi, Mumbai, Colombo, Seoul, Tokyo and Sydney in life and financial, healthcare, property and casualty, employee benefits consulting practices.

Milliman is seeking talented fresh graduates to join our general and health consulting team in Jakarta. The candidates can expect to be involved in:<ul><li>actuarial reserving;</li><li>mergers and acquisitions; and</li><li>products pricing;</li><li>business / product strategy work</li><li>profile risks analysis;</li></ul>This role will involve exposure to work in Indonesia and other markets around the region and may involve international travel from time to time. A strong focus will be placed on the continuous technical and professional development of the candidates, with a view of the candidates taking senior responsibilities in the near future.The candidates may be fresh graduates or have less than two years of working experience in the general or health insurance industry. Ideal candidates must be talented in quantitative work, strong analytical and problem-solving skills, have good written and verbal communication skills, are client-focused and are able to work both independently and in a team environment.About MillimanMilliman is among the world’s largest independent actuarial and consulting firms. We provide support to our clients in the following primary practice areas:<ul><li>Life and financial consulting services;</li><li>Property and casualty consulting services</li><li>Employee benefits, investment, and compensation consulting services</li><li>Health consulting services</li></ul>Milliman was founded in 1947 and today has offices in principal cities worldwide, covering markets in North America, Latin America, Europe, Asia and the Pacific, and the Middle East. Milliman has over 3,400 employees, including 1,100 qualified consultants and actuaries. the firm serves the full spectrum of business, governmental, and financial organisations. Our Asian presence has over 200 employees working across 12 offices in many principal Asian cities. For further information, visit milliman.com.Qualifications:Ideal candidates must be talented in quantitative work, strong analytical and problem-solving skills, have good written and verbal communication skills, are client-focused and are able to work both independently and in a team environment.

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