Together, FIS and Persatuan Aktuaris Indonesia (PAI) are helping create the next generation of actuaries.
Indonesia's financial infrastructure is always on the forefront to keep pace with rapid economic growth and has a shortage of skilled actuaries. Now, FIS has teamed up with the country's society of actuaries, PAI, to improve the actuarial training at Indonesian Universities - with help from our award-winning modelling solution, Prophet.
FIS currently serves around half of insurance companies in Indonesia, with eight out of ten of the nations's life insurers now running Prophet. Thanks to the partnership with PAI, five of Indonesia's largest universities can now use Prophet in their actuarial science lectures - giving students the opportunity to perform sophisticated risk calculations with the software.
With practical experience of using FIS' solution, university graduates will be in a stronger position to take up actuarial and risk management positions, more quickly, in Indonesia's insurance market.