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.
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).
- June 12, 2017
On the morning of Thursday 8th June, Bill Duggan of the READI project joined Professor Edy Tri Baskoro, Ph.D, Dean of Mathematics and Natural Sciences at the Bandung Institute of Technology to sign the Memorandum of Understanding (MoU). The MoU aims to strengthen co-operation in education and research at the strategic and technical levels by leveraging institutional strengths and comparative advantages.
The READI Project staff will collaborate with partner universities to exponentially increase awareness of Actuarial Science as a field of interest. This includes targeting high school students as well as actuarial science lecturers through co-operative education, mathematics outreach, academic exchange and scholarships.
- June 6, 2017
The READI (Risk Management, Economic Sustainability and Actuarial Science Development in Indonesia) project aims to increase the number and quality of Indonesian actuarial science graduates to address the country’s growing demand for actuaries. In collaboration with Government of Indonesia, insurance industry, key university partners and the Persatuan Aktuaris Indonesia (PAI), the READI project aims to develop Indonesia as a center of actuarial science excellence. Project efforts will supplement the Otoritas Jasa Keuangan (OJK)’s 1,000 Actuaries program by providing gender-equitable opportunities and support for innovative, high-quality actuarial science education, certification and professional development.
- May 31, 2017