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Experience
Erica has worked on numerous important merger and acquisitions, EV methodology reviews and enhancements, actuarial modelling (embedded values, Solvency II/ RBC, US GAAP) , business planning, pricing and capital management projects in most of the countries in the Asia-Pacific region, especially Hong Kong, Thailand, and Vietnam.
- Playing a leading role or acting as a core member/project manager on various M&A and IPO projects in the Asia-Pacific region. Tasks include:
- Constructing actuarial models required in various appraisal valuations
- Conducting comprehensive Prophet model reviews
- Providing market benchmarking support, including new business margin / assumptions benchmarking, providing expense assumptions benchmarking, and assessing product trends
- Performing regular embedded value and value of new business reviews for insurance companies in Hong Kong and Thailand
- Providing support to companies in Thailand relating to enhancing embedded value methodologies and capital management
- Performing purchase GAAP reviews for insurance companies in Hong Kong, Indonesia, and Thailand
- Carrying out business planning for potential joint venture/ bancassurance agreement opportunities in several markets, including Hong Kong, Thailand, and Vietnam
- Assisting a multinational company to build an ALM model to conduct SAA studies and capital projections under various capital regimes
- Comparing the cost of capital across various capital regimes and internal economic capital requirements for Asia companies
- Performing appointed actuary tasks for various Hong Kong and Macau companies
- Performing ORSA reviews for a Hong Kong company
- Assisting as a secondment for numerous companies in various roles, including:
- Working with a Belgium company’s IFRS 17 implementation team
- Working with an ERM team of a large multinational company in The Netherlands on Solvency II ratio sensitivities analyses, preparing the risk section in the company's Annual Report, and assisting on EIOPA stress testing projects
- Implementing and enhancing actuarial models for the purpose of Solvency II reporting, performing new product SOE analyses, model efficiency improvements, and model standardisations for companies
Publications and Presentations
- Participating business in Asia joint regional conference held in Thailand, July 2023.
- SOA Climate risk management webinar, SOA Asia-Pacific, July 2022.
- Participating business trends on selling participating products, participating fund managements and regulation in Asia markets. Society of Actuaries’ Thailand conference, November 2020.
- Comparative analysis of Asia’s life insurance capital regimes and implications. Joint regional conference held in Thailand and Vietnam, July and August 2019.
Professional Designations
- Fellow of the Society of Actuaries
- Fellow of the Actuarial Society of Hong Kong
- Chartered Enterprise Risk Analyst
Education
- Bachelor of Business Administration from the Chinese University of Hong Kong
