Wan Hsien Heah FIA CERA

Wan is a Principal within the Insurance Consulting team, providing advice and services to non-life insurance clients.

He has a wide set of experiences across non-life insurance in reserving, pricing and capital modelling. He also has a keen interest and specialises in the use of technology in actuarial processes, from small scale automation to end-to-end transformation of actuarial processes. Wan is also responsible for a number of tools that BW licenses to clients.

Significant experience:

• reserving experience ranging from smaller London Market insurers, to Lloyd’s syndicates and pan-European companies across a number of commercial and consumer lines. This also included reserving on a number of different GAAP bases.
• implementation of an enterprise end-to-end reserving solution for a large multi-national company, from data input and manipulation to management information reporting.
•  supported a number of clients through the internal model validation reviews, from either a first line or second line perspective. For Lloyd’s clients, this involved both Major Model Change validation and the business as usual annual validation. 
• reviewed and enhanced the commercial pricing processes for a large multinational captive insurer.
• experience in Solvency II for non-life insurers. Wan was one of the co-authors of the Application of the Solvency II Actuarial Function to General Insurance Firms paper which went on to win the Brian Hey prize.
• experience in non-life insurance operations and how the different parts of an organisation interconnect with the Actuarial function.

Other expertise:

He also has experience in capital modelling, commercial pricing and enterprise risk management for non-life insurers.