Actuarial Strategy Assistant Manager
Current• Led the projection of in-force policies to support accurate business plan calculations, conducting thorough reviews of key assumptions to enhance forecasting reliability and decision-making.• Monitored income statement performance by conducting detailed analysis of key profitability drivers, identifying trends and improvement areas to inform management and optimize financial outcomes. • Coordinated with cross-functional teams to prepare and submit the annual actuarial report to OJK, ensuring compliance with regulatory standards and timely, accurate reporting. • Conducted comprehensive profitability analysis using the Sources of Earnings method, segmented by company and business channel, resulting in actionable insights that improved overall profitability management. • Regularly calculated and analyzed the Value of In-Force (VIF) for BNI Life, tracking movements to provide insights into long-term profitability. Additionally, as part of the calculation and preparation of the Embedded Value report, collaborating with teams to ensure precise evaluation and reporting that informed BNI Life’s strategic financial planning.• Conducted regular monthly analysis of expense overruns (segregated by Acquisition & OPEX overrun) to identify variances and control costs, ensuring alignment with the company’s financial goals. Provided actionable insights to management for improving expense efficiency and minimizing budget deviations.• Currently enhancing my understanding of the income statement projection format under IFRS 17 as part of business plan preparation. Actively engaged in activities such as setting up Prophet models, refining assumptions, and incorporating updates related to cash flow calculations. This hands-on experience ensures accurate projections and compliance with the new standards, supporting effective financial planning.