PRIORITY & PRIVATE BANKING-FINANCE SERVICES, Investment, and Financial Services. We provide exclusive investment-related advice and goes beyond managing investments
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ACCOUNTANCY ACTUARIAL & HUMAN RESOURCES BENEFITS REWARD SERVICES as follows: EXPERIENCED ACTUARIAL ACCOUNTING SPECIALIST SERVICES are as follows Actuarial Accounting, Sciencetech For Insurance & Risk Management, Benefits & Compensation Consulting Chief Actuary, Pension Funds & Group Retirement, ADVISORY & ACTUARIAL SERVICES are as follows: Pricing, Reserving, Asset Liability Management, Dividend & Capital Management. HUMAN CAPITAL & BENEFITS are as follows: Human Resources Consulting, Outsourcing, Investment Consulting.
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CORPORATE BANKING FINANCE & INSURANCE PENSION SCIENCETECH RISK MANAGEMENT SERVICES as follows: Banking Financial & Strategy Transactions, Risktech For Insurance & Management, Insurance Services & Brokerage, Education and Development.
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NEWS AND LEGALITIES

Actuarial • Accounting • HR Benefits 

 

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Banking • Financial • Insurance Investment

 

 

 

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International Financial Reporting Standards (IFRS)

IFRS 17 (PSAK74)

A. SOURCE SYSTEMS

* Policy data, Claims data, Product data, Premiums, Commissions, Expenses, Reinsurance

 

B. ACTUARIAL

B1. DATA FOR CALCULATIONS

* DATA PREPARATION

Processes automation, transparency, High data volume management, Control, Data Integration

B2. CALCULATIONS

* FUTURE CASH FLOWS

Cashflow projections, time value of money, Liability for remaining coverage and Incured claims, Different allocation levels, Reinsurance modeling

* RISK ADJUSTMENT

Disribution estimation, Equivalent confidence level, Pre-defined Risk Adjusment Methodologies and Customized calculations, Diversification Effect, Modeling of dependences

* CONTRACTUAL SERVICE MARGIN

Allocation for Future Cashflow from porfolio level of groups of insurance contracs, Calculations of the Contractual Service Margin

B3. DATA FOR ACCOUNTING

* DATA PREPARATION

Automation, Data formation, Data intergration, Tranparency

* DISCLOSURE PREPARATION

Several disclosure template, User defined reports, Automatic update of excel reports

 

C. ACCOUNTING

IFRS 17 SUBLEDGER

Insurance revenue, Insurance finance expenses, Analysis of change (Related to past, current, and future services), P&L, Separate Disclosures between insurance contratcs and reinsurance contratcs held.

 

D. STORAGE

IFRS 17 RESULTS DATABASE

Dataflow automation, Storage of results and assumptions, Keeping track of data-auditability and future reporting period analysis.

 

 

 

 

 

 

 

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Indonesia Financial Accounting Standards (PSAK)

 

 

 

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Financial Education (CCF) * Banking * Real Estate

 

 

 

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Financial Services Authority (OJK)

 

 

 

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Ministry of Finance (MoF)

 

 

 

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Central Bank (BI)

 

 

 

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Our Legal and Licenses

Kantor Akuntuaris Publik

* Decree Minister of Justice of Republic of Indonesia: Number, C-07437 HT.0101.-TH.2007

* Decree Minister of Justice and Human Rights of Republic of Indonesia: Number, C-30272 HT.01.01. TH.2003

* Decree Minister Industrial and Trade of Republic of Indoneisa: Number, 510/2399,-PERINDAG/PK/XII/2007

* Decree Minister of Finance of Republic of Indonesia: Number, OJK KEP-230/KM.6/2004

* Notary Deed: Annie Sri Rahmani Hendrotomo, SH.

* Notary Deed: Andriani Mariam, SH.

* Register Number of Actuary (FSAI) Reg. PAI: 200110186 in The Society of Actuaries of Indonesia

* Register Number of Banker Investment (BIC) Reg. BIC: 2018I00019 in The Chartered Investment Bankers Association of Indonesia

* Register Number of Private Banker (CPB) Reg. PBI: 2018P00002 in The Certified Private Bankers Association of Indonesia

* Decree of Public Actuary Reg. Act-1.17.00104/KMK No. 697/KM.1/2017 Tgl.14/07/2017

* Register Number of Public Actuary Reg. F.00160 Tgl. 08/12/2016

* Register Number of Associate Life Management Institute (AAAIJ) in The Insurance Management Institute of Indonesia (AAMAI): Reg. AAMAI: 96030247

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