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Our Expertise

We provide assistance in all areas of Consulting Actuaries, which include financial reporting obligations for employee benefits, with the accounting principles and actuarial techniques. We also serve companies of Insurance and Pension Funds in which we continue to strive improving the role of the Finance and Actuarial Advisory, which enhance our value to the Insurance and Pension Fund Operator. We always strive to keep upgrading the role of an actuary from a merely "Walking Calculator" to become a "Financial and Actuarial Advisory" with more friendly and easy-to-understand language to our clients.

Employee Welfare Benefit Calculation : We have more than 1000 clients from all Public Accounting Firm in Indonesia, which performs application of IAS 24 since the beginning of their audit process to their clients. We are also known by other accounting firms. Until now we keep getting new clients which mostly come from as referral from our existing customers. Calculation of Employee Benefits Program is a recurring business, and we have 96% of the level of persistence.

General Insurance : Since the application on the convergence of IFRS Convergence started in 2012 many general insurance company switched to actuarial consultants in assessing their reserve. We were the first actuarial consulting firm to deploy this version of calculation for we are the only local consultants who have some knowledge of the IFRS convergence with deep knowledge of IAS 62 and 36/28. We also get the trust of customers for our success in outlining the actuarial methodology into something more easily to understand by our customers; which by we often do in life insurance that has made us the market leader in general insurance with 18.28% penetration.

Life Insurance : Market Leader in the Life Insurance industry with a penetration of more than 19.23%. This is because we have fully experienced experts in Life Insurance Industry whose backgrounds are in top management levels in the Multi-National Companies. We are also actively participating in a variety of key roles to support the industry especially in the development areas of standard actuarial practices. We also actively assist Indonesian Accounting Council in the revision process of Insurance Accounting Standards in the Alignment of International Best Practice Standards.

 
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Sutrisno, SE, MAk, CFP

Commissioner

Sutrisno joint PT Padma Radya Aktuaria since 2009. Carrying more than 5 year experience as independent auditor in Public Accounting firm. Attained Magister of Accountant Degree (MAk) and with expertise in the field of Accounting and Financial Statement Examiner he is also continuously been active in any Tax seminars and trainings to keep his roles up to date.

 
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Dwi Hastuty Slipiaty, S.Si, FSAI

Director and Registered Actuary

Is a Senior Actuary with over 21 years of experience practicing various actuarial functions (financial reporting and life insurance). Her extensive experience in Multi-National Life Insurance Companies has equipped her with International Actuarial Technique and Methodology. Over the last 9 years she has focused on providing consulting services in the areas of Employee Benefit Liability Valuation.

 
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Raymunda Norita Kurniati, S.Si, FSAI

Actuary

Is a senior actuary with over 19 year experience practicing actuarial function in life insurance and actuarial consulting. Her experience in life insurance industry, both local and international, have equipped her with thorough understanding of actuarial techniques. She is also very familiar with the regulations of insurance in Indonesia and International. She is as well really hands on in actuarial consulting in calculation of employee benefits program, providing more value for their work in the actuarial field.

 
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Mira Purnama Dewi, S.Si, ASAI

Associate Actuary

Is an Associate Actuaries with 10 year experience in the actuarial field. Experience working in a life insurance company or insurance and actuarial consultants, both in Local and Multi-National Companies. Her experience which emphasize on product pricing, reserve assessment and financial reporting has added on her knowledge and understanding of the actuarial techniques.

 
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Romadoni, S.Si

Assistant of Actuary

A mathematics graduate from Bandung Institute of Technology with more than 9 years of experience as a consultant in the field of Employee Benefit Obligations particularly in regard to the calculation of Post-Employment Benefits Employee and presentation in the financial statements based on PSAK-24, IAS 19 and FAS 158. Actively involved as a speaker in the training aspect of Actuarial and Employee Benefits and assist clients in the selection of appropriate funding requirements. Doni main responsibility as a Quality Controller of IAS-24 calculation produced in PT Padma Radya Aktuaria. He joined the company since 2005 and has passed several exams organized by the Society of Actuaries of Indonesia.

 
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Benny Hardi, S.Si

Assistant of Actuary

Graduated from the Mathematics Faculty the University of Indonesia and carries more than 9 years of experience as a consultant in the field of Employee Benefit Obligations particularly with regard to the calculation of Post-Employment Benefits Employee and presentation in the financial statements is based on PSAK-24, IAS 19 and FAS 158 as well as international accounting standards. Benny responsible for Employee Benefits in the field of training for internal or external parties both as a coordinator and a speaker to assist clients in the selection of funding in accordance to the requirements defined by Accounting Standard. He has been with PT Padma Radya Aktuaria since 2005.

 
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Risza Bambang, S.Si, CLU, ChFC, CFP®

Senior Advisor

He is a Very Senior Life Insurance and Financial Planning practitioner with over 22 years of experience in leading role in various Multi-National Life Insurance Companies. His expertise is in Marketing and Sales area (in particular, for life insurance companies). He also writes and is frequently being asked by various publishing media as source of information on financial planning area.

 
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Riana Magdalena, S.Si, FSAI

Senior Advisor

She is very senior actuary with over 22 years of experience practicing actuarial functions in the area of financial reporting (such as PSAK 24R, IAS 19, FAS 158) as well as life insurance (such as reserve valuation & review, financial projection, product development, shareholder value management). She brought her extensive experience from assuming leading role in various multinational companies in our team.

 
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