Interview with Ms. Giovani Gracianti
Ms. Giovani Gracianti is my lecturer in Universitas Pelita Harapan who is a very inspiring person in this actuarial world for me. She has outstanding academic background and work experiences, and passionate about performing art, culture and children welfare too! May this interview will widen our actuarial knowledge.
Halo Earlitha... Sure! I have a Master's of Science (MSc) degree in Numerical Techniques for Finance from the University of Nottingham in the UK. Upon graduation from this program, I returned to Indonesia and became a lecturer in the related field at Universitas Pelita Harapan.
Furthermore, two years after I completed this degree, I was fortunate to get a scholarship from the government of Canada to pursue a Master of Actuarial Science (MActSc) at the University of Waterloo. Upon completion of my study in Canada, I have been focusing more on conducting actuarial science lectures and supervising actuarial Undergraduate students' thesis.
I have also involved in the project of Global Affairs Canada, called "Risk Management Economic Sustainability and Actuarial Science Development in Indonesia (READI) as an Actuarial Science Training Specialist.
How did you get interested in actuarial science?
I am very interested in how mathematics is applied to real-world situations, particularly in problem-solving and decision making based on statistical analysis. The excitement became greater when I met an 'uncertainty'. Yes, I do remember when I became keen on the Risk theme. At first, it was only for the sake of writing my thesis (to fulfill part of academic requirements for my double-degree in Applied Mathematics and Informatics Engineering) as I found it 'cool' and challenging to discuss intricate problems. Later it became something more than an impressive subject for me, I realized that it is an important issue.
I took part in a conference and presented my works there. As a result, I was asked to do a research together with Indonesian Agency for Meteorology, Climatology & Geophysics (known as BMKG). Then, my last thesis was devoted to scientific computation, yet the topic of the dissertation is also something related to risk.
Then the moment of truth was coming when I pursued Master of Actuarial Science (M.Act.Sc.) program at the University of Waterloo. I learned about actuarial science comprehensively in Canada and that was the time I could say to myself: “This is the one."
Is there any field of work for actuaries other than insurance?
Many! Such as:
- Other financial institution (bank, investment, Pension)
- Government agencies/Social security (OJK, BPJS Kesehatan, BPJS Ketenagakerjaan)
- Consulting, Higher Education
- Other industry (e.g. oil and gas) since most of Chief Risk Officer (CRO) are actuaries
- Climate change (especially since Actuaries Climate Index (ACI) has been launched in November 2016)
and… all the field who needs Mathematics to identify the issue and to provide advice :)
Your advice to the actuarial exam (SOA or PAI) candidates?
- Study & exercise (no choice!)
- Keep up your motivation and dream
- See the bigger picture and remember the non-mathematical side of actuarial science as well; preparing you for the profession
Some tips before choosing actuarial science degree?
- Answer yes to this question: do you love mathematics?
- Explore some actuary websites (like actuaryinreality.com) and discover the future of the actuarial science and the actuarial profession. Answer yes to this question: does it suit my calling/passion, my talent, and my dream to contribute to the society?
- Understand the national and international actuarial accreditation for you to choose the route/track you are going to pursue.
- See the study-program syllabus in the university to give you a bit of idea of what modules you will be going through.
- Ask .. Ask .. Ask.