Nicholas Yeo, the Founder & Actuary of Nicholas Actuarial Solutions, Debbie & Nadia, Both Analysts, Presented About Developing Applications Using R Shiny

 Nicholas Yeo, Founder & Actuary of Nicholas Actuarial Solutions, Debbie Ooi & Nadia Suharto, both Actuarial Analysts, presented at the PAI-SOA Joint Webinar, Digital Transformation & Artificial Intelligence that was held virtually. They described the processes and challenges of developing industry-grade, automated R Shiny applications for various actuarial work from scratch.

The theme of this Joint Webinar is “Digital Transformation & Artificial Intelligence.” The webinar provides a learning and networking platform for members and non-members in the Asia-Pacific region to share their experiences on how both digital & artificial intelligence impacted the actuarial profession and field.

In the presentation, Nicholas, Debbie and Nadia shared their actual experience in designing, building, and executing IFRS 17, reinsurance, and risk management applications in R Shiny. They also shared various topics, including the thought processes of designing the R Shiny application, why do actuaries need more tools like R shiny, how to ensure the relevance of R shiny tools and examples of R shiny tools built for actuarial work.

Nicholas Actuarial Solutions is a technology-focused actuarial firm. Established in Kuala Lumpur, Malaysia in 2015, it is now a leading actuarial firm in Asia with 5 offices in the region. Nicholas Actuarial Solutions is the first and only actuarial firm awarded MSC Malaysia status by the Malaysian government, a mark of world-class service and achievement. In 2020, Nicholas Actuarial Solutions received the Quality Assurance Scheme (QAS) accreditation from the Institute and Faculty of Actuaries. The QAS mark is a clear signal of Nicholas Actuarial Solutions’ commitment to the highest standards, giving both confidence to employees and a guarantee of quality to clients. In 2019, Nicholas Actuarial Solutions were awarded Top Actuarial Firm in Asia by Captive Review and shortlisted as a finalist for Risk Solution of the Year by the Asia Pacific Risk Management Awards.

Nicholas Actuarial Solutions Sdn Bhd

Nicholas Yeo

+6012-502-3566

www.n-actuarial.com

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  • Artificial Intelligence

Nicholas Actuarial Solutions Completion of the First Phase of Its Disposal Exercise for Its Minority Shareholding in Deartime Berhad

 Nicholas Actuarial Solutions, a leading technology-based actuarial firm in Asia, today announced the completion of the first phase of its disposal exercise for its minority shareholding in Deartime Berhad.

The second phase of the disposal exercise is expected to complete later this month. The completion of this two-phased disposal exercise will mark Nicholas Actuarial Solutions’ full exit from Deartime Berhad. Deartime Berhad aims to be licensed by the Ministry of Finance under Financial Services Act 2013 to be a full-fledged digital life insurer.

“The shareholding exit from Deartime Berhad will put us in a more favourable market position and enable us to focus on our core business of providing actuarial services and technology solutions.”

“The proceeds from the disposal exercise will be reinvested into our core business. At this juncture, there are unprecedented growth opportunities in our core business. Acquiring, developing and retaining scarce actuarial talent is our immediate priority,” Nicholas Actuarial Solutions Founder and Actuary Nicholas Yeo said.

Nicholas Actuarial Solutions is a technology-focused actuarial firm. Established in Kuala Lumpur, Malaysia in 2015, it is now a leading actuarial firm in Asia with 5 offices in the region. Nicholas Actuarial Solutions is the first and only actuarial firm awarded MSC Malaysia status by the Malaysian government, a mark of world-class service and achievement. In 2020, Nicholas Actuarial Solutions received the Quality Assurance Scheme (QAS) accreditation from the Institute and Faculty of Actuaries. The QAS mark is a clear signal of Nicholas Actuarial Solutions’ commitment to the highest standards, giving both confidence to employees and a guarantee of quality to clients. In 2019, Nicholas Actuarial Solutions was awarded Top Actuarial Firm in Asia by Captive Review and shortlisted as a finalist for Risk Solution of the Year by Asia Pacific Risk Management Awards.

Nicholas Actuarial Solutions Sdn Bhd

Nicholas Yeo

+6012-502-3566

www.n-actuarial.com

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  • Investment

Nicholas Yeo, Founder & Actuary of Nicholas Actuarial Solutions, and Debbie Ooi, Actuarial Analyst Present About Developing Actuarial Applications Using R Shiny

 Nicholas Yeo, Founder & Actuary of Nicholas Actuarial Solutions, and Debbie Ooi, Actuarial Analyst presented at the SOA Asia-Pacific Annual Symposium that was held virtually. They described the processes and challenges of developing industry-grade, automated R Shiny applications for various actuarial work from scratch.

The theme of this year’s symposium is “New Frontier of Insurance and Actuaries.” The symposium provides a learning and networking platform for members and non-members in the Asia-Pacific region to share their experiences in the actuarial profession, the finance and insurance industries, as well as other fields related to actuaries.

In the presentation, Nicholas and Debbie shared their actual experience in designing, building, and executing IFRS 17, reinsurance, and risk management applications in R Shiny. They also discussed various topics, including UI design, application performance, data wrangling, and integration of manual adjustments. A detailed explanation was presented regarding the breakdown of R code during the “Building R Shiny App,” “Furnishing R Shiny App,” and “R Shiny App Performance.”

Nicholas Actuarial Solutions is a technology-focused actuarial firm. Established in Kuala Lumpur, Malaysia in 2015, it is now a leading actuarial firm in Asia with 5 offices in the region. Nicholas Actuarial Solutions is the first and only actuarial firm awarded MSC Malaysia status by the Malaysian government, a mark of world-class service and achievement. In 2020, Nicholas Actuarial Solutions received the Quality Assurance Scheme (QAS) accreditation from the Institute and Faculty of Actuaries. The QAS mark is a clear signal of Nicholas Actuarial Solutions’ commitment to the highest standards, giving both confidence to employees and a guarantee of quality to clients. In 2019, Nicholas Actuarial Solutions was awarded Top Actuarial Firm in Asia by Captive Review and shortlisted as a finalist for Risk Solution of the Year by the Asia Pacific Risk Management Awards.

Nicholas Actuarial Solutions Sdn Bhd

Nicholas Yeo

+6012-502-3566

www.n-actuarial.com

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  • Computer Programming

Nicholas Merchant Joins the Live Free Podcast

 The Live Free Podcast has seen an uptick in notable guest stars, with 2022 so far featuring Drakoloid alumni Sarah Kellysen, game streamer Brayden James, and now creator of the ongoing web series “Derek & Ryan,” Nicholas Merchant.

Similar to how Barkhoff met Kellysen during her appearance in the podcast, Barkhoff follows suit for Merchant, too. The two discuss their similarities, the ‘Derek & Ryan’ saga of series and films Merchant has accomplished, Merchant’s new content creator Maroon TV, and both of their dissatisfaction with how COVID has effected their film plans.

Merchant also announces that he Episode 2 of “Derek & Ryan,” subtitled “Fight Nazis” is set for released Feburary 3rd, 2021.

You can catch Week 15 of The Live Free Podcast on YouTube and Spotify tomorrow at noon.

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  • Movies & Film

Nicholas Yeo, Founder & Actuary of Nicholas Actuarial Solutions in Promoting Your Business Townhall Networking Event

 In the webinar series of “Promoting Your Business Townhall” organized by the Society of Actuaries, Nicholas Yeo, Founder & Actuary of Nicholas Actuarial Solutions and Aneesha Deshpande, Head of Product Innovation of Haven Life shared business ideas and methods on how to further improve and expand your actuarial business.

In the presentation, Nicholas and Aneesha shared their views on key business challenges, discussing a wide range of key issues faced by actuarial firms across the globe as well as the outlook for new entrance actuarial firm looking to enter the market.

“I am very pleased to participate in this networking event. Business requirements are rapidly changing and we need to ensure we continue to remain relevant while providing quality assurance. Having a platform to discuss these challenges is an excellent start,” said Nicholas Yeo. Nicholas is the Founder & Actuary of Nicholas Actuarial Solutions, a leading actuarial firm in Asia.

In the event, Nicholas also shared n-actuarial’s sales methodology. SNAP selling is introduced into Nicholas Actuarial Solutions where the method is clear and efficient in terms of eliminating complexity, bringing unique propositions that creates value, being relevant and aligned to the prospect’s objective & having the prospects see the solution as a must-have.

Nicholas Actuarial Solutions is a technology focused actuarial firm. Established in Kuala Lumpur, Malaysia in 2015, it is now a leading actuarial firm in Asia with 5 offices in the region. Nicholas Actuarial Solutions is the first and only actuarial firm awarded MSC Malaysia status by the Malaysian government, a mark of world class service and achievement. In 2020, Nicholas Actuarial Solutions received the Quality Assurance Scheme (QAS) accreditation from the Institute and Faculty of Actuaries. The QAS mark is a clear signal of Nicholas Actuarial Solutions’ commitment to the highest standards, giving both confidence to employees and a guarantee of quality to clients. In 2019, Nicholas Actuarial Solutions was awarded Top Actuarial Firm in Asia by Captive Review and shortlisted as a finalist for Risk Solution of the Year by Asia Pacific Risk Management Awards.

Nicholas Actuarial Solutions Sdn Bhd

Nicholas Yeo

+6012-502-3566

www.n-actuarial.com

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