ACTOMATE
PRODUCT DEVELOPMENT​
Our product development solution is designed to help businesses develop competitive products that drive higher sales and business growth.
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We provide experienced actuarial resources to support companies in launching new products, refining existing offerings, ensuring they remain relevant to market needs and customer expectations.
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Our approach is supported by a dedicated product committee, bringing together structured governance and cross-market experience to guide product design decisions. In addition, we leverage our proprietary web scraping tool to delivering continuous market intelligence, giving our clients full visibility of market developments, competitor offerings, and emerging trends.
This combination of actuarial expertise, structured product governance, and market insights enables us to develop products that are not only technically sound, but also commercially competitive.
product development & innovation
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develop product design and benefits
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research and identification of target market
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customer suitability assessment
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prepare product specification
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project management
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plan and oversee entire product initiative
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project planning
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progress monitoring
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status reporting
market intelligence & competitive insights
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market analysis
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competitor analysis
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competitor benchmarking
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product benchmarking
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insurance market trends
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product comparison
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product monitoring
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product research
product review & enhancement
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review product design and benefits
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review product specification
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product and benefit enhancement
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optimize insurance products
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product redesign
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product gap analysis
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insurance portfolio review
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refine insurance offerings
PRACTICE LEADER
Nadia Suharto
ASA
Country Lead, Indonesia
Nadia is an Associate Actuary and she is the Country Lead for Indonesia at Actomate. Nadia has over 4 years of experience in product development, product pricing and financial projections in life insurance, family takaful (Syariah life insurance), medical insurance, life reinsurance, health reinsurance, group employee benefits as well as for insurtech startups.​
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Nadia has led pricing projects in Malaysia, Indonesia, Cambodia and Myanmar, for multinational and local insurers. She is familiar with local regulatory requirements and internal requirements of large multinational insurers, including IFRS 17, market consistent embedded value (MCEV), traditional embedded value, Risk-based Capital (RBC) and many others. Nadia is proficient in Excel, Visual Basic for Applications (VBA), Prophet, Data Conversion System (DCS) as well as R. Outside of product pricing, Nadia also has experience in actuarial modelling and actuarial valuation of employee benefit schemes, life insurance and general insurance.​
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Nadia is also proficient in robotic process automation (RPA). She has developed an automated life insurance valuation routine using Automation Anywhere, applying the latest technology and innovation.​
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Nadia graduated from UCSI University in Malaysia with First Class Honours in BSc Actuarial Science. She is an Associate of the Society of Actuaries (US) and studying towards attaining Fellowship of the SOA. She is a fast learner and is always keen to learn new things. Her organizational experiences have developed her strong communication, time management and problem-solving skills.​