Wan Hsien Heah FIA CERA
Wan is an associate within the Insurance Consulting team, providing advice and services to non-life insurance clients.
He is an experienced reserving actuary with over 10 years of experience across a number of lines, companies and European countries. He is also a technology, process and automation specialist, having implemented wide scale reserving and business planning transformations with multi-national companies.
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.
- 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.
Comment & Insight
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Blog post One more year…can we stop thinking about IFRS17 for now?
On 14 November 2018, the IASB announced a deferment of the IFRS17 implementation date by a year, with some still calling for a two year delay.
Career
Wan has over 10 years of experience in general insurance. He started out in actuarial consultancy where he spent 5 years working with clients on reserve reviews and capital modelling, as well as the implementation
of an enterprise business planning solution for a large insurer and reinsurer. He spent his next 5 years at AIG where he managed various European reserving portfolios across a number of years, including Commercial Property and Energy, Specialty, Personal Accident and Personal Lines. He also led various business planning, forecasting, process and transformation workstreams from an Actuarial standpoint across the years.
Memberships
- Fellow of the Institute and Faculty of Actuaries UK (FIA).
- Chartered Enterprise Risk Actuary as awarded by CERA Global Association (CERA).
- Associate Member of the Institute of Mathematics and its Applications (AMIMA).
Interests
Wan enjoys travelling and sampling the local cuisine.