Welcome to Risk Management, Economic Sustainability, and Actuarial Science Development in Indonesia

The Risk Management, Economical Sustainability, and Actuarial Science Development in Indonesia (READI) project activity is undertaken with the financial support of the Government of Canada provided through the Department of Global Affairs Canada (GAC), with the University of Waterloo serving as the Canadian Executing Agency (CEA). The project is housed in the Department of Statistics and Actuarial Science at the University of Waterloo. Additional funding is being provided by Manulife Indonesia and Sun Life Asia to support elements of the project to reach its goals.

The objective of the project is to establish Indonesia as a regional centre of actuarial excellence.

The project is working with a range of key stakeholders – including high schools and universities, the insurance and pensions industry, Indonesia’s professional actuarial association, and government agencies – to:

  • Increase the number and quality of Indonesian actuarial science graduates available to Indonesian businesses, uni­versities and government agencies;
  • Strengthen the linkages between industry, government and edu­cational institutions in support of actuarial science and risk management;
  • Deepen the under­standing of actuarial science and risk management as a profession.

Global Affairs Canada affaires mondiales Canada

Risk Management, Economic Sustainability and Actuarial Science Development in Indonesia (READI) Project undertaken with the financial support of the Government of Canada provided through the Department of Global Affairs Canada (GAC).

  1. May 12, 2017Role of Actuaries in Assessing Risks Associated with Climate Change - Workshop held in JakartaImage of Climate change discussion panel

    "A 2o C World might be insurable. A 4o C World certainly would not be"

    Henri de Castries, AXA CEO, May 2015

       


    On May 9th, 2017, the READI (Risk Management, Economic Sustainability and Actuarial Science Development in Indonesia) project held a workshop on “The Role of Actuaries in Assessing Risks Associated with Climate Change” in Jakarta, Indonesia. The READI project, which aims to support the development of Indonesia as a regional centre of excellence for actuarial science education, is funded by Global Affairs Canada, with co-funding provided by Manulife Indonesia and Sun Life Financial.  The Government of Indonesia’s Financial Supervision Authority (Otoritas Jasa Keuangan) is the GoI counterpart.  The University of Waterloo serves as the Canadian executing agency for the project.

  2. Apr. 11, 2017Universitas Prasetiya Mulya signing of a Memorandum of Understanding Universitas Prasetiya Mulya and the READI group pose for a photo

    Prof. Dr. Djisman Simandjuntak (third from right), Rector at Universitas Prasetiya Mulya, stands with colleagues and READI Project officials following the April 11, 2017 signing of a Memorandum of Understanding to participate in the READI Project’s Indonesian activities which includes the creation of an Actuarial Science co-operative education program at his university.

  3. Apr. 10, 2017UPH signing a Memorandum of UnderstandingImage of Prof. Dr. (Hon) Jonathan L. Parapak, Prof. Dr. Manlian Ronald A. Simanjuntak, and William James Duggan

    Prof. Dr. (Hon) Jonathan L. Parapak, M. Eng. Sc., (centre), Rector at Universitas Pelita Harapan, is joined by colleague Prof. Dr. Manlian Ronald A. Simanjuntak, S.T, M.T (right) and William James Duggan, READI Project Field Director, Indonesia, at the April 10, 2017 signing of a Memorandum of Understanding to participate in the READI Project’s Indonesian activities which includes the creation of an Actuarial Science co-operative education program at his university.

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Meet our people

Giovani Gracianti

Master of Actuarial Science (University of Waterloo)

BSc (Universitas Pelita Harapan)

BInf (Universitas Pelita Harapan)

MSc (University of Nottingham)