OUR TEAM
TEAM
Nicholas Yeo FIA FASM FSA FSAS AIIA
Founder & Actuary
Nicholas founded Nicholas Actuarial Solutions in 2015, a leading actuarial firm in Asia. He is an actuary with exceptional business acumen and a global perspective. His clients and his organization benefit from his strong grasp of strategic, operational and risk management aspects of the business.
Nicholas has developed various technology and software application including IBNR Robot, ReACC Robot, PET Robot, LRC Robot, LIC Robot, and PAA Robot. Nicholas also has significant experience in captive insurance, offshore insurance, robotic process automation, artificial intelligence and data analytics.
Nicholas has 18 years experience in actuarial work including life insurance, family takaful, general insurance, general takaful, employee benefits, pension, medical insurance, reinsurance and insurtech startups. Nicholas held appointed actuary and signing actuary roles in various jurisdiction across Asia.
Nicholas is a Fellow of the Institute and Faculty of Actuaries (UK) and a Fellow of the Society of Actuaries (US). He is a past Council Member of the Society of Actuaries’ Entrepreneurial & Innovation Section. He is also a past Chairperson of the Professional Development Committee and Events Committee of the Actuarial Society of Malaysia. Nicholas graduated from Bayes Business School with First Class Honours in BSc Actuarial Science. He is an Associate Member of the Institute of Internal Auditors Malaysia and holds a Certificate in Finance and Investment (CFI) from the Institute and Faculty of Actuaries (UK).
Shu Yi joined Nicholas Actuarial Solutions in 2017, she has more than 7 years of professional actuarial experience in life insurance and general insurance. She currently leads the employee benefits practice.
Shu Yi plays a key role in developing business and managing clients in Asia such as Bangladesh, Cambodia, Dubai, Indonesia, Kuwait, Myanmar, Malaysia, Singapore and etc. She is eager to expand the firm’s offering to emerging countries.
With Shu Yi’s current role in employee benefits, she has supported her clients of various background from non-governmental organizations to multinational and local companies and insurers. Shu Yi is familiar with International Financial Reporting Standards (IFRS) for employee benefits including IAS 19, MFRS 119, MPERS 28, MPSAS 25, SFRS (I) 1-19, SFRS for SE 28, IPSAS 39, NZ IAS 19. For Share-Based Payments IFRS 2, MFRS 2. In addition to the US GAAP ACS 715, ACS 718 and the UK GAAP FRS 102.
Shu Yi is actively involved in the design and planning of employee benefits including retirement benefits, gratuity benefits, pensions benefits, post-retirement medical benefit, leave encashment benefits and Employee Stock Option Scheme (ESOS).
She started her actuarial career in multinational life insurance company, responsible for the pricing of employee benefits. In 2023, Shu Yi received the BMI AFFINGEM Woman Entrepreneur Award. In a short period of just over 5 years, Shu Yi steered the company to grow by more than 10 times in revenue and profit.
Shu Yi was the Secretary of Actuarial Society of Malaysia (ASM) for years 2020 - 2021. She graduated from Sunway University in Malaysia holding a BSc in Actuarial Studies.
Lim Shu Yi
Partner
Teoh Wei Wei FSA
Actuary & GM Penang Office
Wei Wei is an actuary with over 20 years of experience in actuarial work. She oversees the office and clients in Penang. Wei Wei has experience working across many countries such as Malaysia, Thailand, Australia, India, Singapore, Taiwan and South Korea. She has experience across life insurance, family takaful, general insurance and group insurance business.
Wei Wei has extensive experience in actuarial works including financial reporting, regulatory reporting, business projection, planning & forecasting, value reporting, IFRS 17, traditional embedded value, market consistent embedded value (MCEV), value of new business (VNB) and market consistent value of new business (MCVNB), Solvency II, US GAAP reporting, PGAAP reporting, actuarial pricing, actuarial process review, reinsurance management and Prophet modelling & enhancements. Wei Wei also has experience leading and reviewing employee benefit valuations including gratuity, post-retirement medical benefits, pensions and other employee benefits.
Wei Wei is an expert Prophet user with experience in managing and setting controls and checks in Prophet and Data Conversion System (DCS). She is also proficient in Excel and Visual Basic for Applications (VBA). Wei Wei is well known for her Prophet expertise in Asia.
Wei Wei is a Fellow of the Society of Actuaries (US). Wei Wei graduated from Universiti Kebangsaan Malaysia with a BSc in Actuarial Science.
Raymond is a Fellow of the Society of Actuaries (US) and has over 30 years of actuarial, financial and risk management experience in the insurance industry. Raymond previously held appointed actuary, chief actuary and chief risk officer (CRO) roles and is currently the appointed actuary to life insurance, general insurance, family takaful and reinsurance companies.
Raymond has experience across many markets in Asia including Bahrain, Myanmar, Vietnam, Malaysia, Labuan and Indonesia. He is proficient in many actuarial areas including product development and pricing, actuarial valuation, financial reporting, financial projection and enterprise risk management.
Raymond has significant expertise in developing risk and capital management frameworks, developing growth strategies, performing risk analysis, developing compensation models and performing client value analysis. Raymond is a pioneer of new product ideas and systems and is recognised as a leading innovator in the market. He has coached and mentored many younger and successful actuaries.
Raymond is a Certified Financial Planner and a Certified Neuro-Linguistic Programming (NLP) Practitioner for Appraisal and Performance Management. Raymond also has specialized knowledge in internet marketing, social media marketing and blockchain technology.
Raymond Lai FSA FASM CFP NLP CBE
AI & Risk Management Expert
Sophia Ch'ng FIA FCMA CGMA CA(M)
Actuary
Sophia has more than 20 years of experience in pricing, valuation, reinsurance, asset liability management (ALM), capital management and risk management, for life insurance, general insurance and takaful.
Her previous roles span from Independent Non-Executive Director, appointed actuary, chief financial officer (CFO), strategic planning, performance management, risk management, product marketing and pricing to consultancy and lecturer. She had done works for Malaysia, Myanmar, Indonesia, Cambodia, Bahrain and Singapore.
Sophia is a Fellow of Institute and Faculty of Actuaries (UK), a Fellow of Actuarial Society Malaysia, Fellow of Chartered Institute of Management Accountants and Chartered Global Management Accountants. She held a Bachelor of Economics degree from Macquarie University.
She had authored 2 books for Malaysia Insurance Institute (MII):
Life Insurance Products, Sales and Operations
Life Insurance Companies Accounting and Financial Reporting
Sophia was the President for Actuarial Society Malaysia for 2019-2021. She is now an independent director for insurer.
Wong joined Nicholas Actuarial Solutions as an Advisor for Captive Insurance in 2020. He brings significant expertise, experience and dynamism to the team. He is well known as a leader in the captive insurance industry. Wong has helped to firm and manage many captives in Asia achieving superior risk management and cost savings for the parent companies.
Wong has over 30 years of experience in the general insurance industry. In his past capacity as a chief executive officer (CEO) and managing director of insurance companies, Wong led major transformation initiatives and turnaround programs in the companies he helmed. He also took an active role in the Malaysian general insurance industry by serving the General Insurance Association of Malaysia (PIAM) in 2009 as a Deputy Chairman and was elected as Chairman in 2012.
Wong is also a Principal Director in Labuan Insurance Management Services Limited and a Chartered Insurance Practitioner. He is also admitted to the Malaysian Bar as an advocate and solicitor of the High Court of Malaya.
Wong Kim Teck
Director
Lim Jone Keat
Technology Development Lead
Jone Keat joined Nicholas Actuarial Solutions in 2020, he is the Technology Development Lead of the company. He has over 3 years of experience serving as a programmer and software developer in the actuarial industry. Jone Keat has practical experience in both the software development and actuarial works including frontend and backend web applications, application programming interface (API), database, and actuarial valuation in Malaysia.
Jone Keat is proficient in R, Visual Basic for Applications (VBA), HTML and CSS, and he is learning Javascript and Rust programming languages. He is also proficient with actuarial applications and automation tools such as Excel, Data Conversion System (DCS) and Data3Sixty. He has worked on several software development projects, including ReACC Robot for reinsurance accounting, LRC Robot, LIC Robot for IFRS 17, and job recruitment application. To better understand our client needs, Jone Keat is proactively involved in actuarial valuation projects of general insurance. Jone Keat is also an experienced trainer, he has drafted training materials and provided technology training to internal staff.
Jone Keat has prior work experience in the economic database company, to ensure the accuracy and timeliness of the economic data and financial forecast. In his prior experience, Jone Keat is equipped with knowledge of building automation tools to enhance the efficiency of the operations, and modelling time series.
Jone Keat graduated from Universiti Tunku Abdul Rahman with a BSc (Hons) in Actuarial Science. He is currently studying towards attaining Fellowship of the Casualty Actuarial Society (CAS).
Yue Shen is an Associate Actuary at Nicholas Actuarial Solutions. He has over 5 years of experience in actuarial work. Yue Shen has worked with different clients with different needs and expectations. All these different experience has made him a fast learner, and also flexible to adapt to the current situation.
Yue Shen has experience in actuarial valuation, actuarial modelling, financial reporting, business projection and pricing. He is well versed with statutory reporting, embedded value, IFRS 17 and process automation, leading various projects for general insurance, life insurance, family takaful, reinsurance and captive insurance clients.
Yue Shen's work covers Malaysia, Brunei, Singapore, Indonesia, Cambodia and Fiji, he is familiar with the local regulations and business environment. Yue Shen is proficient in Prophet, Data Conversion System (DCS), Excel, Visual Basic for Applications (VBA) and RiskIntegrity.
Yue Shen graduated from Heriot-Watt University Malaysia. Yue Shen is an associate member of the Institute and Faculty of Actuaries. He is currently studying to be a Fellow of the Institute and Faculty of Actuaries (UK).
Goh Yue Shen AIA
Associate Actuary
Debbie Ooi (Min Jyeh)
Analytics Lead
Debbie joined Nicholas Actuarial Solutions in 2018. She is the Analytics Lead. She has over 5 years of experience in the actuarial industry. Debbie has extensive experience in a wide range of actuarial work including actuarial valuation, product pricing, financial projection, business feasibility studies, risk management, financial reporting, IFRS 17 and underwriting policy development.
Debbie has experience across life insurance, general insurance, captive insurance life reinsurance, general reinsurance, family takaful and general takaful verticals. Her work spans across Malaysia, Australia, Cambodia, Myanmar, Singapore, Indonesia, Thailand and Bahrain.
Debbie is proficient in R, Python, Visual Basic for Applications (VBA), Statistical Analysis System (SAS) and Structured Query Language (SQL) programming languages, as well as actuarial applications such as Excel, Data Conversion System (DCS) and Prophet. She has led several actuarial software development projects, including PET Robot, LRC Robot, LIC Robot for IFRS 17 and ReACC for reinsurance accounting. She also has extensive experience building automation tools to enable process automation in actuarial work.
Debbie has strong communication skills due to her prior exposure to journalism and leadership experiences. She has been actively delivering educational talks to university students on topics relating to the actuarial industry. Debbie has co-written a research paper for the Society of Actuaries (SOA) on the topic of artificial intelligence and its application in actuarial work.
Debbie graduated from the University of Liverpool, United Kingdom with a BSc (Hons) in Actuarial Mathematics. She is currently studying towards attaining Fellowship of the Institute and Faculty of Actuaries (UK).
Man Yeng is the Marketing and Social Media Director of Nicholas Actuarial Solutions. She is responsible for business acquisition and client relationship management.
Man Yeng has over 12 years of experience spanning across life insurance, general insurance and reinsurance. She has led product development projects of retail products and commercial products from end-to-end including being responsible for product launching. Familiar with internal requirements, regulatory requirements and risk management requirements of large multinational insurers.
Man Yeng has been hands-on in most aspects of marketing plans which includes business planning, website creation, SEO optimisation, social media strategy, email and content marketing.
Man Yeng graduated from Drake University, Des Moines, Iowa with a BSBA in Actuarial Science. She has passed professional exams from Society of Actuaries (US) and the Malaysian Insurance Institute (MII).
Shum Man Yeng
Marketing and Social Media Director
Nadia Suharto ASA
Country Lead, Indonesia
Nadia is an Associate Actuary and she is the Country Lead for Indonesia at Nicholas Actuarial Solutions. 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.
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.
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.
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.
Jessie is the Reporting Lead at Nicholas Actuarial Solutions. She started her career as an Actuarial Analyst in Nicholas Actuarial Solutions in 2019. Jessie has over 4 years of experience in actuarial work, and have led various actuarial valuation projects in Malaysia, Cambodia, Laos and Papua New Guinea.
Jessie is heavily involved in IFRS 17 implementation projects for general insurance and captive insurance companies. Apart from that, Jessie was involved in reviewing and building an inhouse IFRS 17 software PAA Robot. Jessie is proficient in Excel and Data3Sixty.
Jessie has worked with many clients including family takaful, general insurance, general takaful, captive insurance, reinsurance and funeral service companies, performing actuarial valuation, financial reporting, reinsurance optimisation, capital modeling and product pricing. Jessie also has experience assisting audit firms performing audit related work.
Jessie graduated with First Class Honours in BSc (Hons) in Actuarial Science from Heriot-Watt University, Malaysia. Jessie is currently studying towards attaining Fellowship of the Institute and Faculty of Actuaries (UK). Jessie is keen on exploring and applying her actuarial knowledge in both traditional and non-traditional actuarial work.
Jessie Leong
Reporting Lead
Jacy joined Nicholas Actuarial Solutions as an Actuarial Analyst in 2021. Jacy has over 3 years of experience in actuarial work covering life insurance, family takaful and reinsurance.
Jacy has experience in actuarial valuation, actuarial modelling and IFRS 17 in the life insurance field. She has been working on life reserving valuation for a company in Cambodia. Apart from that, Jacy has been involved in IFRS 17 implementation and reporting projects for life insurance and family takaful companies. She is proficient in Prophet, Excel and Data Conversion System (DCS). Jacy has worked with clients in Malaysia, Cambodia and Singapore.
Jacy has several experiences on secondment to large multinational insurance companies for IFRS 17 projects. Jacy was involved in IFRS 17 implementation work in the life insurance field from operating and testing the IFRS 17 transition tool to analysing the results. She is currently working on IFRS 17 parallel run work in the Family Takaful company. Jacy helps in IFRS 17 modelling work which includes building the IFRS 17 roll-forward mechanism in Prophet and Data Conversion System (DCS). Besides, she is also involved in IFRS 17 retakaful modelling and ad-hoc enhancements on the working templates.
Jacy graduated from Sunway University with first-class honours in BSc (Hons) Actuarial Studies. She is currently studying towards attaining the Fellowship of Institute and Faculty of Actuaries (UK), IFoA.
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Jacy Chin Jia Xin
Actuarial Analyst
Dyson is an Associate Actuary at Nicholas Actuarial Solutions. He is an expert in product development and plays a key role in making Nicholas Actuarial Solutions a household name and market leader in product development services and solutions. He brings to the table his expertise in end-to-end product development and product management within the life insurance and family takaful industry, as he is well versed in all topics from product design to customer experience to market trends to profitability targets. He has experience across all distribution channels, including agency, bancassurance and direct channels.
Dyson has also experience in actuarial valuation and actuarial audit. He has worked on projects for life insurance, general insurance, and family takaful companies. Dyson has collaborated with clients in Malaysia, Cambodia and Laos. He is proficient in Excel, Visual Basic for Applications (VBA) and Robotic Process Automation (RPA), enabling him to turnaround actuarial valuation work in a short time.
Prior to this role, Dyson had 6 years’ experience in product development and product management in life insurance and family takaful, working with leading insurance companies and banks in Malaysia. He consistently contributes innovative ideas, leveraging his forward-thinking mindset to drive the team's success. His contributions often lead to improvements in processes, products, or services, positioning the company ahead of competitors. His commitment to excellence and his consistent track record of contributing valuable insights make him an indispensable asset to the team.
Dyson is highly skilled in communication, adept at both verbal and written forms, ensuring clear, concise, and effective interactions with colleagues, clients, and stakeholders at all levels. In time management, he excels at prioritizing tasks, managing deadlines, and optimizing workflows to ensure efficient use of resources and timely project completion. With a strong follow-up approach, he consistently monitors progress, provides updates, and ensures that commitments are met.
Dyson graduated from Universiti Tunku Abdul Rahman in BSc (Hons) Actuarial Science. He is an Associate of the Society of Actuaries (US) and is currently studying towards attaining Fellowship of the Society of Actuaries.
Dyson Yong ASA
Associate Actuary
Ng Eng Kheng
Modelling Lead
Eng Kheng is the Modelling Lead at Nicholas Actuarial Solutions. He has over 4 years of experience in actuarial work, covering fields such as life insurance, family takaful, reinsurance, employee benefits, funeral schemes, pension and insurtech startups.
Eng Kheng has worked for clients across Asia, including Malaysia, Cambodia, Thailand, Singapore, Bangladesh and Mauritius Seychelles. He has underwent secondments to client in regional IFRS 17 roles. For these clients, he has performed actuarial valuation, product pricing, financial reporting, capital modelling, stress testing, feasibility studies and financial projections.
Eng Kheng is skilled at Prophet and Data Conversion System (DCS) modelling, as well as providing training in DCS and Prophet. He has also supported IFRS 17 implementation for insurance and takaful companies in Malaysia. Eng Kheng is proficient in Excel, Visual Basic for Applications (VBA) and R. He has significant experience in building and testing application software using R Shiny. He is involved significantly in the coding and testing of reinsurance software, ReACC robot which is used by clients regularly to generate reinsurance results.
Eng Kheng graduated from the University of Manchester with First Class Honours in BSc Actuarial Science and Mathematics in 2018. He is currently studying towards qualifying as a Fellow of the Institute and Faculty of Actuaries (UK).
Yan Chin started her career as an Actuarial Analyst in Nicholas Actuarial Solutions in 2022. She is earnest to construct actuarial solutions for her clients.
Yan Chin has close to 2 year of experience in life and general insurance valuation. She has set up valuation process, performed sensitivity analysis, and prepared valuation reports adhering to Bank Negara Malaysia (BNM)'s regulations.
Yan Chin is involved in an IFRS 17 implementation project, where she helps the company to prepare the required data, IFRS 17 compliant financial statements and provide impact analysis. These equipped her with strong Excel skills, familiarity with in-house PAA robot and IBNR robot.
Yan Chin graduated from Sunway University with BSc (Hons) in Actuarial Studies and is currently studying towards attaining the Fellowship of the Institute and Faculties of Actuaries (UK).
Lee Yan Chin
Actuarial Analyst
Gai Min-Qi
Actuarial Analyst
Min-Qi joined Nicholas Actuarial Solutions as an Actuarial Analyst in 2021. She has nearly 3 years of experience in the actuarial industry. She has experience in actuarial analytics, actuarial valuation and statistical reporting covering general insurance in Malaysia.
Min-Qi is proficient in Excel and Structured Query Language (SQL) programming language. She has experience working with R programming, Data3Sixty, Visual Basic for Applications (VBA). She is involved in enhancing and maintaining actuarial technology such as LIC Robot and LRC Robot. She has undergone an actuarial secondment with a multinational insurance company. She has also performed data processing enhancements for the clients to improve the process efficiency and reporting accuracy. Her work experience has shaped her to be attentive to details and helped her develop analytical as well as problem-solving skills.
Min-Qi graduated from Sunway University with a First-Class Honours in BSc (Hons) in Actuarial Studies. She is currently studying towards attaining Associateship and Fellowship of the Institute and Faculty of Actuaries (UK), IFoA.
Zi Feng became a part of Nicholas Actuarial Solutions in September 2023, propelled by a profound passion for actuarial work. Before taking on this position, he worked as a product pricing intern at a
general insurance company, amassing over a year of experience in the actuarial field.
Zi Feng has engaged in product pricing and valuation projects for general insurance companies in Labuan, Cambodia, and Malaysia. This has provided him with a comprehensive understanding of actuarial work, encompassing areas such as actuarial valuation, product pricing, IFRS 17, and financial reporting.
As an alumnus of Asia Pacific University, Zi Feng graduated with First Class Honours in BSc (Hons) in Actuarial Studies. He has earned six exemptions from the Institute and Faculty of Actuaries (UK) and is
currently pursuing the esteemed titles of Associate and Fellow of IFoA.
Chong Zi Feng
Actuarial Analyst
Vincent Tanuwidjaja
Actuarial Analyst
Vincent joined Nicholas Actuarial Solutions as an Actuarial Analyst in 2022. Vincent has over 1 year of experience in actuarial work, covering life insurance, reinsurance, family takaful, and employee benefits.
Vincent is currently involved in secondment for IFRS 17 parallel run work in a family takaful company. Vincent supports the IFRS 17 implementation, reporting, system validation, and enhancements. Vincent also has experience in employee benefits valuation, having performed various valuations for clients across Southeast Asia, and also is involved in the development of the employee benefits valuation. Apart from that, Vincent also has been working on reinsurance results calculation for a company in Cambodia. Vincent is proficient in Excel, Visual Basic for Applications (VBA) and Data Conversion System (DCS). Vincent also has experience in Prophet and Robotic Process Automation (RPA).
Vincent graduated from UCSI University with first-class honours in BSc (Hons) Actuarial Science and Finance. He is currently studying towards attaining the Fellowship of the Society of Actuaries (US), SOA.
Kun Khim oversees all the actuarial works in Nicholas Actuarial Solutions. He has over 10 years of experience in actuarial work covering life insurance, general insurance, family takaful, general takaful, captive insurance and reinsurance. Kun Khim is currently serving as the appointed actuary or external actuary in these verticals.
His area of expertise includes actuarial valuation, actuarial modelling, financial reporting, product pricing, business planning, strategic planning, shareholder reporting and risk management. He has led several IFRS 17 implementation projects for life insurance, general insurance and family takaful companies. Kun Khim is proficient in Prophet, Excel and Visual Basic for Applications (VBA). Kun Khim has worked with clients in Malaysia, Singapore, Cambodia, Myanmar, Mauritius and Laos.
In his previous role, he was the assistant lead for the IFRS 17 implementation project for a large multinational insurance company. He was involved in leading the work from establishing going-in positions for both conventional life insurance and family takaful businesses, coordinating the position with regional and corporate offices as well as leading the relevant technical discussions and assessments with the project team. He also led the actuarial modelling function, covering the consolidation of new product model, ad-hoc enhancements and independent model review with regional review team.
Kun Khim is a Fellow of the Institute and Faculty of Actuaries (UK). He graduated from the Australian National University with a BSc Actuarial Studies.
Woon Kun Khim FIA
Actuary
Yong Zhien Choong ASA
Associate Actuary
Zhien Choong is an Associate Actuary with the company. He possesses an extensive background in actuarial field, accumulating over a decade of invaluable experience. His journey in the industry began 15 years ago, marking the commencement of a career characterized by innovation and excellence.
Zhien Choong's expertise lies on pricing and valuation work. His impactful work extends across Malaysia, Indonesia, Labuan, covering diverse sectors such as life insurance, general insurance, family takaful, and reinsurance. Zhien Choong excels in predictive analytics, machine learning, and deep learning techniques, driving data-driven business decisions through analytics.
In his earlier roles, Zhien Choong held influential positions, including Head of Analytics at various multinational company, where he pioneered advanced analytics and spearheaded initiatives involving external consultants, reinsurers, and centralized repository infrastructure management. His leadership in predictive modeling, AI, and visual analytics, played a pivotal role in shaping the landscape of these organizations. Zhien Choong's invaluable experience in pricing and valuation further underscores his comprehensive skill set, contributing to the financial success of the organizations he has been part of.
Zhien Choong's academic prowess includes a B.Sc. in Actuarial Mathematics and Finance from the University of Malaya. His professional qualifications include being an Associate of the Society of Actuaries (US) and a Chartered Financial Analyst (CFA). Additionally, Zhien Choong is certified in deep learning and holds Statistical Analytics System (SAS) certifications, showcasing his commitment to staying abreast of technological advancements. Proficient in tools like SAS, Tableau, Amazon Elastic Compute Cloud (AWS EC2), and programming languages like Python and Visual Basic for Applications (VBA), Zhien Choong is a dynamic professional contributing to the intersection of tradition and innovation in the ever-evolving field of actuarial sciences.
Ming Wei is an Associate Actuary at Nicholas Actuarial Solutions. Ming Wei has close to 4 years of experience in actuarial valuation, financial reporting and capital modelling in reinsurance, general insurance, life insurance, captive insurance and takaful fields. She has led actuarial valuation projects for insurance companies in Malaysia, and Singapore hence she is familiar with the local regulatory requirements.
Ming Wei is involved in IFRS 17 implementation projects for several insurance and takaful companies. She worked on data and impact assessment, transition approach, financial projection, modelling, and provided training to the clients. Apart from that, Ming Wei also gained extensive experience in building and testing IFRS 17 measurement software applications using programming tools. She is proficient in Excel, Visual Basic for Applications (VBA), R, Prophet and Data Conversion System (DCS). Ming Wei had also underwent actuarial secondments with several insurance and takaful companies.
Ming Wei graduated from Heriot-Watt University Malaysia with a BSc (Hons) in Actuarial Science. Ming Wei has attained Associateship from the Institute and Faculty of Actuaries (UK) and she is currently studying towards attaining the Fellowship of the IFoA.
Ming Wei is deeply passionate about mathematics and problem-solving. She is a self-motivated achiever and is always keen to learn and explore the broad diversity of actuarial work.
Outside of traditional actuarial work, Ming Wei also played a role in funding activities and investor relations of the company.
Kok Ming Wei AIA
Associate Actuary
Chee Wei oversees actuarial works in Nicholas Actuarial Solutions. He has over 8 years of experience in actuarial work covering life insurance, general insurance and family takaful. Chee Wei is currently serving as the appointed actuary or external actuary in these verticals.
His area of expertise includes actuarial valuation, financial reporting, business planning, strategic planning, shareholder reporting, capital management, reinsurance reporting, investment strategy review, inforce management, participating fund management and family takaful surplus and investment profit distribution. Chee Wei is proficient in Prophet, Excel and Visual Basic for Applications (VBA). Chee Wei has worked with clients in Malaysia, Cambodia and Laos.
In his previous role, he was the statutory reporting lead for both on-shore and off-shore entity of a large multinational insurance company. He was involved in various regulatory development works such as quantitative impact study of Risk-based Capital 2 (RBC2) and parallel run of Insurance Capital Adequacy Framework (ICAF). He was involved in participating bonus revision to recommend and declare new regular bonus (i.e. cash dividend) scale for post asset share and annuity policyholders.
Chee Wei is a Fellow of the Society of Actuary (US). He graduated from the Malayan University with First Class Honours in BSc (Hons) Actuarial Mathematics and Finance.
Tiw Chee Wei FSA
Actuary
Ryan started his career as a Business Development Analyst in Nicholas Actuarial Solutions in 2021. Ryan has over 2 years of experience in business development work mainly assisting the firm to better understand and meet clients' objectives. Ryan is also actively analyzing market trends and seeking out business opportunities, as well as preparing business and financial reports.
Ryan is a team player and has strong communication and interpersonal skills which is key in maintaining relationship with customers & external parties. Ryan is also a fast learner which allows him to be agile and adapt to different request & expectations of the clients.
Ryan has served clients from various industries in the insurance sector, banking and finance, construction, food & beverage, agriculture, healthcare, manufacturing, automotive, tourism, plantation, electrical, large MNCs and NGOs across the Asia region mainly in Malaysia, Singapore, Cambodia and Indonesia.
Ryan graduated from Taylors Lakeside University with a Bachelors in International Business and Marketing. He interned in a large audit firm as a Market Analyst before joining Nicholas Actuarial Solutions.
Ryan Lim Wen Yang
Business Development Analyst
Celine joined Nicholas Actuarial Solutions as an Actuarial Analyst in 2022. Celine has over 4 years of experience with 2 years in actuarial work covering life insurance, general insurance and reinsurance, and another 2 years in product development and pricing support.
Celine has experience working on secondments for large multinational companies in the aspects of reinsurance and embedded value (EV) calculation. Her proficiency in using Prophet contributed to
the reinsurance modelling for new and existing products of the company and she worked on ad-hoc work including building Excel validation templates to validate the reinsurance variables of Prophet
against the Excel model. Besides, she was involved in assisting EV calculation work for clients to make management decisions.
Moreover, Celine has experience working on actuarial valuation, insurance and reinsurance optimisation work, in life insurance, general insurance and reinsurance. She has been working on actuarial valuations for clients from Cambodia & Labuan in providing the clients with a clear and accurate picture of their financing outstanding and future liabilities. Despite that, she worked on the
insurance and reinsurance optimisation work for clients from Cambodia & Malaysia by using Excel and R to analyse the results, in minimizing costs and managing risk effectively.
Celine graduated from Asia Pacific University with a First-Class Honours in BSc (Hons) in Actuarial Studies and currently studying towards in attaining the Fellowship of Society of Actuaries (US), SOA
Celine Chew Kah Yan
Actuarial Analyst
Wei Zheng joined Nicholas Actuarial Solutions as an Actuarial Analyst in May 2024. Before assuming this role, he served as a pricing intern at a life insurance company for 3 months during his studies.
In the company, Wei Zheng is currently involved in pricing projects for multinational insurers based in Cambodia and Myanmar. On top of that, he has experience in product pricing and valuation for reinsurance. Wei Zheng is proficient in Excel , Visual Basic Application (VBA) and R.
Wei Zheng studied at Sunway University in Malaysia and graduated with First Class Honours in BSc (Hons) in Actuarial Studies. With 6 exemptions in hand upon graduation, he is currently aiming to qualify as a Fellow of the Institute and Faculty of Actuaries (UK), IFOA.
Ivan Cha Wei Zheng
Actuarial Analyst
Raymond is an Associate Actuary with over 5 years of experience in the industry. Having embarked on his professional journey in 2018, Raymond joined the company in 2022. His commitment to actuarial excellence and passion for innovation have driven him to make impactful contributions throughout his career.
Raymond has spearheaded diverse projects in countries like Malaysia, Cambodia, Laos, and Vietnam. His expertise extends across both life and general insurance, encompassing insurance valuation, product pricing, economic scenario generators (ESG) and IFRS 17 implementation and training. His skills include utilizing Excel, Visual Basic for Applications (VBA), R, Prophet and Python.
In his previous role, Raymond played a pivotal role in an insurtech start-up in Vietnam, where he served as an investment and business analyst. There, he was instrumental in project management, proposal development, and communication with clients, partners, and investors. In addition, he led the data and analytics team, managing extensive responsibilities in big data, modeling, and machine learning projects.
A graduate with First Class Honours in Bsc Actuarial Science from UCSI University Malaysia, Raymond is currently an Associate on the path to achieving Fellowship of the Society of Actuaries (US), SOA.
Raymond Goh ASA
Associate Actuary
Selwin joined Nicholas Actuarial Solutions in 2022. She is an Actuarial Analyst. She has over 1 year of experience in the actuarial industry. Selwin has experience in a wide range of actuarial work including actuarial valuation, product pricing, financial projection and business feasibility studies across general insurance, life insurance, general reinsurance and life reinsurance. Her work spans across Malaysia, Cambodia and Myanmar. During her study, Selwin had internship experience in the insurance industry in Indonesia and Malaysia.
Selwin is proficient in R and Visual Basic for Applications (VBA) programming languages. Selwin had extensive organization experience, which shaped her outstanding communication, time-management, and problem-solving skills.
Selwin graduated from UCSI University Malaysia with First Class Honours in BSc (Hons) Actuarial Science. She is currently studying towards attaining Fellowship of the Society of Actuaries (US).
Selwin Chrisany
Actuarial Analyst
Wen Xiang joined Nicholas Actuarial Solutions as an Actuarial Analyst in May 2024, driven by strong motivation and enthusiasm. He is particularly interested in diving deeper into the actuarial field, tackling complex challenges, and providing innovative contributions.
Wen Xiang possesses robust analytical capabilities and mathematical proficiency, complemented by a keen passion for problem-solving within a dynamic professional setting. He has experience in Economic Scenario Generator production, aligning with economic capital reporting and IFRS17 reporting.
Wen Xiang graduated from Heriot-Watt University Malaysia with a BSc (Hons) in Actuarial Science and is currently working towards becoming an Associate of the Institute and Faculty of Actuaries (UK), IFoA.
Lim Wen Xiang
Actuarial Analyst
Pei Sim is an Actuarial Analyst at Nicholas Actuarial Solutions. Pei Sim has close to 2 years of experience in actuarial valuation and financial reporting in life insurance and reinsurance field. She was a pricing intern in a life insurance company.
She has worked on employee benefits which included gratuity benefit scheme and post-retirement medical benefit scheme. She also has experience in actuarial valuation for life insurance and reinsurance companies in Cambodia and Labuan. Apart from that, Pei Sim has conducted the Internal Target Capital Level (ITCL) assessment for Labuan clients. She is proficient in Excel, Visual Basic for Applications (VBA), R, Prophet, Data Conversion System (DCS) and Robotic Process Automation (RPA). Pei Sim had also undergone IFRS17 secondments with several insurance and takaful companies.
Pei Sim graduated from Sunway University Malaysia with a BSc (Hons) in Actuarial Studies. She is currently studying towards attaining the Fellowship of the Institute and Faculty of Actuaries (UK), IFoA. She aspires to gain extensive experience and exposure in the actuarial industry.
Ng Pei Sim
Actuarial Analyst
Kin Joe has been an Actuarial Analyst at Nicholas Actuarial Solutions since 2022. He has over a year of experience in actuarial valuation for insurers in general insurance.
Over the past year, he has worked on the GI valuation for clients in Malaysia and international clients in Cambodia. He was involved in the IFRS 17 implementation work for several general insurance companies. He had also undergone secondments to life insurance companies on IFRS 17 and some modelling-related works. He has experience in tools like Excel, Visual Basic for Applications (VBA), Structured Query Language (SQL), Prophet, Data Conversion System (DCS) and Robotics Process Automation (RPA) tools such as Uipath.
Kin Joe graduated from Universiti Tunku Abdul Rahman (UTAR) with a B.Sc (Hons) in Actuarial Science. He's studying towards obtaining an Associateship from the Society of Actuaries (US). He is keen to acquire exposure and experience in actuarial work.
Looi Kin Joe
Actuarial Analyst
Shao Weng joined Nicholas Actuarial Solutions as an Actuarial Analyst in December 2022. He has over 1 years of experience in actuarial work covering life insurance, family takaful and general insurance. He has worked with various clients in Malaysia.
Shao Weng is currently working on product pricing in a family takaful company. He has several experiences on secondment to large multinational insurance companies for pricing projects.
Shao Weng has experience in actuarial valuation in the general insurance and pricing in the life insurance and family takaful field. He is proficient in Prophet, Excel and Data Conversion System (DCS).
Shao Weng graduated from Sunway University with first-class honours in BSc (Hons) Actuarial Studies. He is currently studying towards attaining the Fellowship of Institute and Faculty of Actuaries (UK), IFoA.
Ng Shao Weng
Actuarial Analyst
Gwen is an Actuarial Analyst at Nicholas Actuarial Solutions. She joined Nicholas Actuarial Solutions in 2023 and has over 1 year of experience in actuarial work. Prior to this, she worked as a data analyst and gained experience in a quantitative role that covered valuation and forecasting. She appreciates the challenge of using statistical models to make predictions about complex events and wants a career that allows her to help people make better decision using mathematical skills.
Gwen has worked with various general insurance companies from Malaysia and Cambodia on their actuarial valuation and IFRS 17 implementation. She also has experience in conducting the Internal Target Capital Level (ITCL) assessment for Labuan clients.
Gwen is proficient in Microsoft Excel, Visual Basic for Applications (VBA), R Programming, Structured Query Language (SQL) and Statistical Analysis System (SAS). She strives to be proactive and thorough in her work and plans to immerse herself in the position by developing any necessary qualifications and skills.
Gwen graduated from the University of Manchester in BSc (Hons) Actuarial Science and Mathematics. She is currently studying towards qualifying as a Fellow of the Institute and Faculty of Actuaries (UK).
Gwen Lee
Actuarial Analyst
Jonson joined Nicholas Actuarial Solutions in 2023. He is an Actuarial Analyst with one year of experience in the actuarial industry. Jonson works in actuarial analytics, actuarial-related technology development and general insurance. His exposure to general insurance provides him with a broad horizon of actuarial work as exposed to actuarial valuation, product pricing, ICAAP, IFRS 17 and financial reporting.
Jonson is proficient in R, Matlab, and Excel Visual Basic for Applications (VBA). Jonson managed to program applications for actuarial software development, such as ReACC robot for reinsurance accounting, and non-actuarial software development for the recruiting process.
Jonson graduated from the Heriot-watt University (Malaysia), majoring in BSc Actuarial Sciences. He is currently studying towards attaining the Fellowship of the Institute and Faculty of Actuaries (UK).
Jonson Lee Jun Sheng
Actuarial Analyst
Cun Yi joined Nicholas Actuarial Solutions as an Actuarial Analyst in August 2023. Prior to this role, he served as a pricing intern at a life insurance company, accumulating over 1 year of experience in the actuarial industry.
Cun Yi is involved in valuation projects for general insurance companies in Labuan and Cambodia. Additionally, he is involved in Risk-based Capital (RBC), specifically on the Insurance Capital Adequacy
Framework (ICAF). He has also conducted Individual Target Capital Level (ITCL) assessments for Labuan insurers. Cun Yi is proficient in Microsoft Excel, Visual Basic for Applications (VBA), and R Programming.
Cun Yi graduated from Sunway University in BSc (Hons) Actuarial Studies. He is currently studying towards qualifying as a Fellow of the Institute and Faculty of Actuaries (UK).
Chang Cun Yi
Actuarial Analyst
Jasmine is an Actuarial Analyst at Nicholas Actuarial Solutions. She joined Nicholas Actuarial Solutions in 2023 and has over 2 years of experience in actuarial work. Jasmine has experience in actuarial valuation, statutory reporting, IFRS 17 implementation, pricing, and data analytics work.
Jasmine has worked with various life insurance, general insurance and family takaful companies from Malaysia and Singapore on their actuarial valuation and IFRS 17 implementation, which includes transition work, Prophet testing and Moody’s Analytics RiskIntegrity for IFRS 17 validation. Her work experiences have helped her develop strong communication, analytical and problem-solving skills.
Jasmine is proficient in Excel, Visual Basic for Applications (VBA), R Programming, Structured Query Language (SQL), Prophet, Data Conversion System (DCS), Alteryx and Moody’s Analytics RiskIntegrity for IFRS 17. She is a fast learner and is always keen to learn and expand her actuarial knowledge to provide solutions to real-world problems.
Jasmine graduated from Sunway University with BSc (Hons) in Actuarial Studies and is currently studying towards qualifying as a Fellow in the Institute and Faculty of Actuaries (UK), IFoA.
Jasmine Lau
Actuarial Analyst
Min Li is an Actuarial Analyst with near 3 years of experience in the life insurance industry. She first started her career in 2021 and joined Nicholas Actuarial Solutions in 2023. She has modelling experience in Prophet and Data Conversion System (DCS) and valuation experience in takaful statistical reporting, economic capital reporting and local statistical reporting.
Min Li is proficient in Excel, Prophet, DCS and FoxPro. Min Li is involved in internal target capital level project for Labuan insurers. Apart from that, Min Li is involved in medical repricing project for Malaysia takaful company and valuation work for insurtech start-up.
Min Li has various modelling experience which includes model enhancements and new product coding in the family takaful industry. She has also been involved in performing data enhancements to improve reporting accuracy. Apart from that, Min Li has supported table and model updates, data checking and negative testing for IFRS17 reporting.
Min Li also developed and enhanced programming for statistical reporting and provided support in handling statistical reporting-related queries. Aside from that, Min Li has experience in economic capital reporting and IFRS17 implementation. She has performed analysis on economic capital reporting and assisted to set up runs to perform variable fee approach (VFA) eligibility test and profitability assessments.
Min Li graduated from Sunway University with a First-Class Honours in BSc (Hons) Actuarial Studies, and she is currently studying towards qualifying as a Fellow in the Institute and Faculty of Actuaries (UK).
Tan Min Li AIA
Associate Actuary
Clement Tan
Actuarial Analyst
Clement is an Actuarial Analyst at Nicholas Actuarial Solutions. Ever since joining the actuarial industry back in 2022, Clement has over 2 years of experience in actuarial valuation and reporting in life insurance, reinsurance, family takaful and retakaful fields.
Clement is involved in many technological projects that offer innovative solutions in the field of actuarial science, including enhancing and maintaining n-actuarial's exclusive apps such as ReAcc Robot, LIC Robot and LRC Robot. He also assisted the team in IFRS 17 implementation projects for several general insurance companies. Apart from that, Clement also worked on the valuation and modelling of employee benefits that cater to the client's requirements. He underwent actuarial secondments with several life insurance and takaful companies. He is proficient in Excel, Visual Basic for Applications (VBA), R, Prophet and Data Conversion System (DCS) and has gained extensive experience with data analytics tools such as Alteryx.
Clement graduated from Sunway University in Malaysia with a BSc (Hons) in Actuarial Studies. He is currently working towards attaining associateship with the Institute and Faculty of Actuaries (UK), IFoA. He is a fast learner with an open mind who is always keen to learn and explore new things. His work experiences have helped him develop strong communication, time management and problem-solving skills.
Jiachen joined Nicholas Actuarial Solutions as an Actuarial Analyst in 2023 and has close to 2 years of experience in the industry. He enjoys collaborating with others and eagerly seizes opportunities to acquire new knowledge and skills.
Jiachen has worked on various projects with local and multinational insurers from Malaysia and Singapore. His responsibilities include conducting actuarial valuation, Internal Target Capital Level (ITCL), and IFRS17 implementation exercises for clients in Labuan. Additionally, he has experience in actuarial modelling and valuation for employee benefit schemes, reinsurance and retakaful. Jiachen possess proficiency in utilizing Excel, Visual Basic for Applications (VBA), R, Python and Prophet to leverage his skills effectively.
Jiachen graduated from Sunway University with First Class Honours, earning a BSc (Hons) in Actuarial Studies. He is a recipient of the China-Southeast Asia (CSEA) scholarship from the IFoA Foundation and is currently working towards attaining his Fellowship in the Institute and Faculty of Actuaries (UK).
Zhang Jiachen
Actuarial Analyst
Zi Yang joined Nicholas Actuarial Solutions as an Actuarial Analyst in November 2023. Zi Yang has over 1 year of experience in product development within the life insurance and family takaful industry.
Zi Yang has experience in financial reporting, employee benefit and IFRS 17 in the life insurance field. He has been working on IFRS17 implementation for a company in Cambodia. Apart from that, Zi Yang has been involved in preparing employee benefit valuation report for various companies in Malaysia, Cambodia and Singapore. He is proficient in Excel and R.
Zi Yang graduated from Asia Pacific University with first-class honours in BSc (Hons) Actuarial Studies. He is currently studying to be an Associate of Institute and Faculty of Actuaries (UK), IFoA.
Soo Zi Yang
Actuarial Analyst
Tiong Gee joined Nicholas Actuarial Solutions in 2023 right after he finished his studies. He has gained 6 months of experience as an Actuarial Analyst in the company, on top of his 4 months of product pricing internship experience in a life insurance company during his studies.
In the company, Tiong Gee is involved in product and pricing projects of life insurance and family takaful products for clients from Malaysia and Indonesia. In addition, he revolves around projections, valuations, and Risk-based Capital (RBC) works of general insurance clients in Malaysia. Given the nature of his work, he is proficient in Excel and using Visual Basic for Applications (VBA) and is experienced in applying technology such as Robotic Process Automation (RPA) to enhance the workflow of the company.
Tiong Gee has graduated from Asia Pacific University with First Class Honours in BSc (Hons) in Actuarial Studies and has won the Best Student Award. He is currently studying toward qualifying as an Associate of the Institute and Faculty of Actuaries (UK), IFoA with 6 exemptions on hand.
Lee Tiong Gee
Actuarial Analyst
Chu Wei Jie AIA
Associate Actuary
Wei Jie is an Associate Actuary at Nicholas Actuarial Solutions. He has over 4 years of experience in product pricing of life insurance products.
Wei Jie previous experiences extends to product pricing and modelling of investment-linked products. He has also contributed to automation projects, demonstrating his commitment innovation and efficiency. Notably, he developed a Visual Basic for Applications (VBA) template for post-purchases disclosures, highlighting his problem-solving skills.
Wei Jie has also developed a strong competency in Prophet software, Excel, VBA and Structured Query Language (SQL). His attention to detail ensuring accuracy and precision in every aspect of his work.
Education-wise, Wei Jie holds a BSc (Hons) in Actuarial Science from Heriot-Watt University and has earned an MSc in Actuarial Management. Currently on the path to achieving Fellowship qualification with the Institute and Faculty of Actuaries (UK), he remains dedicated to advancing his professional credentials.
Lim Wei Wei ASA
Associate Actuary
Lim Wei Wei joined Nicholas Actuarial Solutions as an Associate Actuary in 2024. She has over 20 years of experience in actuarial work covering life insurance and family takaful.
She has experience in actuarial valuation, actuarial pricing, reinsurance and audit in the life insurance field. She is good in Excel and Data Conversion System (DCS).She has experience in Prophet as well. She has been working under various teams within her working experience is past 20 years. Under pricing team, she has done pricing, system setup, system migration and various experience studies. Under valuation team, she has done statutory reserving, stress test, internal capital adequacy assessment process, value of new business, financial condition report, etc. Under reinsurance team, she has done reinsurance system setup, reinsurance report, etc. She was also being seconded to internal audit department for one year, she has been performing actuarial audit within the year.
She graduated from Universiti Kebangsaan Malaysia (UKM) in BSc Actuarial Science. She is currently an Associate of the Society of Actuaries (US), SOA.
Eyan recently joined Nicholas Actuarial Solutions as an Actuary in January 2024. She has over 7 years of experience in the pension and risk management consulting industry while working in the United States. Eyan currently serves as the project lead and shadows the appointed actuary on several general insurance actuarial valuations as she onboards into her new roles.
Prior to joining, Eyan has had exposure applying consulting, actuarial, and statistical techniques in the areas of US Retirement plan valuation and design, compliance, risk, and financial management for both defined benefit and defined contribution plans. Additionally, Eyan has provided support on diverse projects related to forecasting, plan mergers, and de-risking of employee benefit plans for several key US clients.
Eyan is proficient in Excel, Access, Visual Basic for Applications (VBA), and Structured Query Language (SQL) and has experience implementing actuarial models to analyse potential risks, assess financial implications, and develop strategies for optimal risk management of employee benefit plans.
Eyan is a Fellow of the Society of Actuaries (US), SOA. She graduated with a BSc in Mathematics from the Pennsylvania State University, which has been designated by the SOA as a Centre of Actuarial Excellence. Eyan is committed to staying abreast of industry trends and eager to contribute her analytical skills and strategic thinking to make an impact on the bottom line.
Eyan Su FSA
Junior Actuary
Syed joined Nicholas Actuarial Solutions in 2024 as Actuarial Developer. His expertise revolves around R programming and Visual Basic for Applications (VBA).
He has strong analytical skills, mathematical proficiency, and a passion for problem-solving in a dynamic professional environment. He also has experience in the claim processing and data analysis for life insurance.
Syed is currently working on several actuarial software projects to maintain and fix issues, including the PET Robot for IFRS 17 and the Gratuity Robot for the service gratuity calculator.
Syed graduated from Universiti Teknologi Mara in BSc (Hons) Actuarial Science and is currently studying towards attaining Associate of Institute and Faculty of Actuaries (UK), IFoA.
Syed Muhammad Ikhwan
Actuarial Developer
Jane is a seasoned Actuarial Analyst with over four years of expertise garnered from her tenure at an Indonesian actuarial consulting firm. Joining Nicholas Actuarial Solutions in April 2024, she is committed to leverage her extensive knowledge base while actively seeking to expand her horizons within the actuarial field.
Her proficiency in Excel is complemented by her adeptness in executing actuarial valuations and sensitivity analyses, the formulation of annual valuation reports as well as providing actuarial audit support in compliance with regulatory frameworks outlined by the Indonesia Financial Services Authority (OJK) and the Indonesian Accounting Standard. Furthermore, Jane has played a pivotal role in facilitating the implementation of IFRS 17 for Indonesian general insurance companies.
Graduating with first-class honours from UCSI University with a BSc (Hons) in Actuarial Science, Jane's academic prowess underscores her commitment to excellence. She is currently on the path to attaining accreditation as an Associate of the Society of Actuaries (US).
Jane Nicholas Jong
Actuarial Analyst
Ooi Wei Wei
Actuarial Analyst
Wei Wei joined Nicholas Actuarial Solutions as an Actuarial Analyst in May 2024. Prior to this role, she served as a valuation intern at a general insurance company.
She has experience in user acceptance testing (UAT) work of IFRS17 implementation and data analytics work. Her responsibilities in UAT are mainly inputting data from source system and manual files, applying filter criteria to do calculations for different aggregation field, and checking alignment with finance team. She is proficient in Excel, R, and SPSS Statistics.
Wei Wei is a detail-oriented person with good time management. Her prior experiences have honed her skills in communication and problem solving. She is now committed to gain hands-on experience in actuarial field and be familiar with the market best practices.
She graduated from Heriot-Watt University Malaysia with First Class Honours in BSc (Hons) Actuarial Science and is currently studying towards qualifying as an Associate of the Institute and Faculty of Actuaries (UK), IFoA.
Joey joined Nicholas Actuarial Solutions as an Actuarial Analyst in May 2024, bringing a fresh perspective and eagerness to learn and contribute.
Joey will be involved in actuarial valuation across both general insurance and life insurance sectors. Her proficiency in Excel and R ensures a solid foundation for her responsibilities. During her internship with the company, she actively participated in valuation and pricing projects, providing valuable support and gaining insights into the intricacies of the insurance business. This experience further enhanced her understanding of industry dynamics.
Joey graduated from Heriot-Watt University Malaysia in BSc (Hons) Actuarial Science. She is
currently studying towards attaining the Fellowship of Institute and Faculty of Actuaries (UK), IFoA.
Joey Leong
Actuarial Analyst
Tan Xin Kai
Actuarial Analyst
Xin Kai joined the company as an Actuarial Analyst in June 2024. Prior to this role, he embarked on his professional journey through his internship as a Pricing intern at a life insurance company.
Xin Kai has experience in user acceptance testing (UAT) for investment-linked plans(ILP). Additionally, he was involved in the calculation and verification of Cost of Insurance (COI) and Cash Surrender Value (CSV) of existing policies for Bank Negara Malaysia routine checks. Besides, Xin Kai also assisted in quoting premiums for Group Mortgage Reducing Term Assurance (GMRTA). He is proficient in Excel, Visual Basic for Applications (VBA), and R.
Xin Kai's experience has honed his technical skills and improved his ability to communicate effectively with different stakeholders. He strives to acquire practical experience within the actuarial field and to fully engage with the role by developing the necessary skills and qualifications.
Xin Kai graduated from Sunway University Malaysia with a BSc (Hons) in Actuarial Studies. He is currently working towards attaining associateship from the Society of Actuaries (US), SOA.