Founder & Actuary

Nicholas founded Nicholas Actuarial Solutions in 2015. 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 holds himself to very high standards and always deliver excellent performance.


Nicholas has a wide range of experience in traditional actuarial work, as well as in non-traditional areas such as offshore insurance, artificial intelligence, insurtech and analytics.


Nicholas is a Fellow of the Institute and Faculty of Actuaries (UK) and a Fellow of the Society of Actuaries (US). He is a 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 Cass Business School with First Class Honours in BSc Actuarial Science.


Lim Shu Yi


Shu Yi joined Nicholas Actuarial Solutions as a partner in 2017. She has an outstanding business acumen and a desire to succeed.


Shu Yi has experience in performing actuarial pricing and reserving work. She also plays a key role in business development. She is keen to explore data analytics, insurtech and other non-traditional applications of actuarial knowledge.


Prior to this, she has experience working for large Japanese and European multinational insurance companies. She holds a BSc in Actuarial Studies and is studying towards attaining Fellowship of the Society of Actuaries.


Teoh Wei Wei FSA


Wei Wei is a Fellow of the Society of Actuaries (FSA). She has experience working across many countries such as Malaysia, Thailand, Australia, India, Singapore, Taiwan and South Korea.

Wei Wei has extensive experience in actuarial work including business projection, planning & forecasting, value reporting including Traditional EV, MCEV, VNB and MCVNB, Solvency II, US GAAP and PGAAP reporting, actuarial pricing, actuarial process review, reinsurance management and Prophet modelling and enhancements.

She was the lead team members responsible for ING and Public Bank’s Takaful successful license application to Bank Negara Malaysia. She is also an expert Prophet user with experience in managing and setting controls and checks in the Prophet System.


George is a Chartered Accountant in Nicholas Actuarial Solutions, primarily responsible for the advisory role in (re)insurance and (re)takaful practice. He has relevant practical experience in overseeing financial and accounting activities including controls to transaction processing and ensuring compliance with local in-country statutory and regulatory requirements. In addition, he has regional project experience in mergers, business combinations, structuring and risk management. He is a regular speaker for accounting standards, big data, financial planning and insurance topics in the local and regional conferences.

He has significant experience in actuarial and management work including development of annual operating plan according to strategic initiatives, actuarial management of participating fund, review of actuarial valuation processes, methodologies and assumptions, merger and acquisitions, and feasibility studies on exclusivity arrangements and outsourcing strategies for banks and insurers.


Chartered Accountant



AI & Risk Management Expert

Raymond is a Fellow of the Society of Actuaries (FSA) and has over 25 years of actuarial, financial and risk management experience in the insurance industry, previously held Appointed Actuary, Chief Actuary and Chief Risk Officer roles.


Raymond has significant expertise in developing risk and capital management framework, 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 Past President of the Actuarial Society of Malaysia and is the Society of Actuaries’ Ambassador to Malaysia . He is also a Certified Financial Planner and a Certified NLP Practitioner for Appraisal and Performance Management. Raymond also has specialized knowledge in Internet Marketing, Social Media Marketing and Blockchain Technology. Raymond is a Certified Blockchain Expert.


Man Yeng is the Marketing & Social Media Director of Nicholas Actuarial Solutions. She is responsible for business acquisition and client relationship management. 

In her previous roles, Man Yeng managed product development, business development and actuarial teams in insurance companies. She has over 10 years of experience spanning across life insurance, general insurance and reinsurance. 

Man Yeng graduated from Drake University, Des Moines, Iowa, United States with a BSBA in Actuarial Science. She has passed professional exams from the Society of Actuaries (US) and the Malaysian Insurance Institute (MII). 

Man Yeng has a keen interest in cyber risk and microinsurance.

Shum Man Yeng

Marketing & Social Media Director


Sophia Ch'ng FIA FASM


Sophia is a Fellow of the Institute of Actuaries with 20 years of experience in life insurance, general insurance and family takaful businesses as well as and in shared services of insurance companies. She held senior positions such as Chief Financial Officer (CFO) and Appointed Actuary (AA), as well as heading strategic planning, product pricing and product management functions.

Over the last 15 years, she has been active on boards including the Main Board Committees, Risk Management Committees and Audit Committees of insurance companies. Her expertise and knowledge of strategy, actuarial, finance, product, investment, risk, compliance, control and governance have enabled her to provide useful information to Boards for decision making.

Currently, Sophia is the President of Actuarial Society of Malaysia. She was the first woman and first Malaysian to win the ASEAN Insurance Council’s Award for Young Managers in 2009. Sophia was in charge of the risk management portfolio of 16th Commonwealth Games (1998) held in Malaysia. She is also the author of two books - Regulatory Environment of Life Insurance Products, Sales and Operations and Life Insurance Companies Accounting and Financial Reporting.


Wan Zamri is an advisor to Nicholas Actuarial Solutions. He is an accomplished and seasoned financial services professional with more than 30 years experience in banking, insurance, and Takaful in Malaysia. He has extensive experience in strategic management, channel and sales management, and wealth management.

Currently, Wan Zamri serves as an independent member of the board of directors of Bank Rakyat, the largest Islamic Co-operative Bank in Malaysia. He is also an independent non-executive director of Zurich General Insurance Malaysia Berhad.

He is the former Chief Executive Officer of AIA Takaful International Berhad and former Chief Executive Officer of AmMetLife Takaful Berhad. His leadership management in the setting up of two Takaful operators in Malaysia over a period of 7 years is testament to his success. He has also served HSBC (in Malaysia, Hong Kong and across multiple countries in Asia Pacific) for more than two decades.

He graduated from Southern Illinois University, Carbondale, USA.

Wan Zamri Wan Zain


Goh Yue Shen

Actuarial Analyst


Yue Shen joined Nicholas Actuarial Solutions in 2018. He is keen learner, disciplined and is eager to work to achieve his goals.

Yue Shen is interested to apply actuarial mathematics and statistics to various fields including artificial intelligence and education. He is keen to actuarial mathematics beyond than the traditional applications.

Yue Shen has had prior experience interning for Great Eastern Malaysia. He graduated from Heriot Watt University Malaysia with First Class Honours in BSc in Actuarial Science. He is currently studying towards becoming a Fellow of the Institute and Faculty of Actuaries.

Min Jyeh started her career in Nicholas Actuarial Solutions as an Actuarial Analyst who plays a significant role in assisting business development and management. She is very keen in exploring actuarial science and mathematics applications. She had graduated from the University of Liverpool, United Kingdom with a BSc (Hons) in Actuarial Mathematics, and she is currently studying towards attaining Fellowship of the Institute and Faculty of Actuaries (IFoA).

Due to her unique exposure to journalism and leadership experiences, she has extensive communication skills, which makes her great in building and sustaining strong relationships with clients.


Ooi Min Jyeh

Actuarial Analyst

Loh Yuan Xi

Actuarial Analyst


Yuan Xi started his career at Nicholas Actuarial Solutions in 2019 as an Actuarial Analyst in the risk management practice. He is also involved in various actuarial work. He is keen to advance his skills in data analytics, artificial intelligence, and other non-traditional actuarial work.


Prior to this, he has experience working in a leading life insurance company and in an actuarial consulting firm in Malaysia. He was involved in life insurance operations, liability valuation of general insurance business and business strategy development. 


Yuan Xi graduated from Universiti Tunku Abdul Rahman with a BSc (Hons) in Actuarial Science. He is currently progressing towards the Fellowship of the Society of Actuaries.


Nadia came from Indonesia to pursue her actuarial passion in Malaysia where she graduated from UCSI University with First Class Honours in BSc Actuarial Science. She started as an intern in Nicholas Actuarial Solutions in 2018 and joined the team as an Actuarial Analyst in 2019, with hope of contributing as well as exploring more of the applications of her actuarial knowledge. She is also eager to play a part in the optimization and search engine marketing for the company.


Nadia is currently studying towards attaining Fellowship of the Society of Actuaries. She is a fast learner and always keen to learn new things. Her organization experiences have developed her strong communication, time management and problem- solving skills.

Nadia Suharto

Actuarial Analyst



Jessie graduated from Heriot-Watt University Malaysia with a First Class Honours in BSc Actuarial Science. She started her career as an Actuarial Analyst in Nicholas Actuarial Solutions in 2019.

She is keen on exploring and applying her actuarial knowledge in traditional and non-traditional actuarial work.

Jessie is currently studying towards attaining Fellowship of the Institute and Faculty of Actuaries (IFoA). She has exceptional analytical skills and a strong desire to achieve success.

Jessie Leong

Actuarial Analyst



Wai Chung joins Nicholas Actuarial Solutions in 2019 as an Actuarial Analyst, assisting financial reporting practice. His extensive extracurricular activity experiences have made him an enthusiastic, responsible and adventurous person.

He is keen on exploring and advancing his skills in data analytics, risk management, mathematics, and actuarial science application.

Wai Chung has gained valuable internship experience in the Corporate Risk Department of Allianz Life Insurance Malaysia. He graduated with First Class Honours in BSc (Hons) in Actuarial Science from Universiti Tunku Abdul Rahman. He is currently studying towards attaining Fellowship of the Society of Actuaries.

Chong Wai Chung

Actuarial Analyst



Billy joined Nicholas Actuarial Solutions in 2019 as an Actuarial Analyst in Financial Reporting Practice, with MSc in Actuarial Management from UCSI University.

His unique experience as a process engineer helped to shape him to be analytical, efficient, meticulous, composed under pressure, and able to solve actuarial problems from different perspectives.

Billy is always looking forward to learning and applying his actuarial aptitudes in traditional and non-traditional actuarial work, and always up for new challenges. Billy is currently studying towards attaining Fellowship of the Society of Actuaries.

Billy Tanuwijaya

Actuarial Analyst



Eng Kheng joined Nicholas Actuarial Solutions in October 2019, with the hope to contribute to the firm with his problem-solving skills. He has prior experience in life product pricing by interning for Great Eastern Life Insurance and working as Pricing Executive in Allianz Life Insurance Malaysia. Besides, he is keen on pursuing more exposures in various actuarial work such as valuation and modeling.

Eng Kheng is a diligent and self-motivated individual and is currently studying towards qualifying as a Fellow of the Institute and Faculty of Actuaries. He graduated from the University of Manchester with first-class honours in BSc Actuarial Science and Mathematics.

Ng Eng Kheng

Actuarial Analyst



Wei Jet started as an intern at Nicholas Actuarial Solutions before joining as an actuarial analyst under the Financial Reporting practice in 2019. He graduated from Sunway University with a First-Class Honours in BSc (Hons) in Actuarial Studies. 

Wei Jet is interested in exploring and exposing himself to all fields of actuarial work and applications, be it traditional or beyond. He wishes to leverage on his creativity and tenacity in meeting expectations to bring impact to the company. Wei Jet is currently studying towards attaining Fellowship of the Society of Actuaries.

Tang Wei Jet

Actuarial Analyst

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