An adventurous person who is interested in actuarial valuation, financial reporting, model developing and data analysis. Passionate to grow and add value to insurer, self and the society by utilizing great programming skills as well as passion in interpreting numbers.I am keen to advance my skills in data analytics, risk management, mathematics and actuarial science application. Extensive extracurricular activity experiences have made me an enthusiastic, responsible and adventurous person.I join Nicholas Actuarial Solutions in 2019 as an Actuarial Analyst in the financial reporting practice. I gained valuable internship experience in the Corporate Risk Department of Allianz Life Insurance Malaysia. I graduated with First Class Honours in BSc (Hons) in Actuarial Science from Universiti Tunku Abdul Rahman. I am currently pursuing Fellowship of the Society of Actuaries.
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Singapore Country LeadActomateSingapore -
Actuarial AnalystSinglife Jan 2022 - PresentSingapore Created & streamlined IFRS 17 workflow by understanding the existing data structure, reinsurance setup & BAU valuation timeline Performed IFRS 17 valuation for GI portfolio & handled auditor queries. Seconded to short-term capital management team & performed RBC 2 valuation for GI and Retail Health business. Developed Alteryx models that replicate data cleaning system prepared by IT. Create tools using VBA or Alteryx to facilitate data/result checking process. Conducted UAT tests ensuring correct data flow, expected data transformation, and adherence to timelines. -
Actuarial AnalystActomate Sep 2019 - Dec 2021Malaysia Performed actuarial valuation for multiple general and life insurers in several countries. Handled auditors' queries and requests related to valuation. Built valuation models that generate monthly actuarial valuation results with a single click. Enhance Prophet models for group products to implement IFRS 17 for Singapore life insurer. One of the trainers in IFRS 17 training organized by The Society of Actuaries of Indonesia (Topics: Liabilities measured in GMM, PAA & PAA eligibility test). Performed loss ratio analysis for life insurer for repricing work. Cleaned up data with data cleaning software to perform financial impact analysis of implementation of IFRS 17 Developed actuarial valuation process checklist & set up SOP for model change documentation. Seconded to one of the Big Four accounting firm for IFRS 17 implementation for reinsurer. Built contract screening models for Malaysia Financing Reporting Standard 17 implementation. These templates have been utilized by several general insurers and reinsurers. Performed Insurance Capital Adequacy Quantitative Impact Study for life and non-life insurers. This analysis essential for regulator to understand insurers capital level and risk profile. -
InternAllianz Life Oct 2018 - Dec 2018Kuala Lumpur, Malaysia Enhanced daily monitoring risk model using MS Excel & VBA. Conducted risk assessment on Distribution Risk & Reputational Risk that needed to present to board. Analysed operational risk data and prepared presentation slide for board meeting. Evaluated risk of investment brokers. -
Mathematics TutorDewan Komuniti Taman Muda Mar 2015 - Dec 2018Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia Guided students to understand Form 5 mathematics syllabus. Explained and illustrated mathematics problems to students. Motivated students to learn and apply mathematics knowledge.
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Customer Relation OfficerGenting Information Knowledge Enterprise Sdn Bhd Jan 2016 - May 2016Wisma Genting Received calls to reserve hotel rooms & transportation through phone calls for Genting cardholders. Explained and solved problems encountered by customer through phone calls patiently. Assisted and handled special cases that encountered by other customer relation officers.
Wai Chung C. Education Details
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Cgpa: 3.70 -
Smk Cheras
Frequently Asked Questions about Wai Chung C.
What company does Wai Chung C. work for?
Wai Chung C. works for Actomate
What is Wai Chung C.'s role at the current company?
Wai Chung C.'s current role is Singapore Country Lead.
What schools did Wai Chung C. attend?
Wai Chung C. attended Universiti Tunku Abdul Rahman (Utar), Smk Cheras.
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