Erica Chan

Erica provides support on various projects, including appraisal valuations, embedded value reporting, model build/reviews, and Asian market research/entry strategy work.

Her projects include:

• Playing a leading role or acting as a core member 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, 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 for its China JV in order to conduct SAA studies and capital projections under various capital regimes
• Providing Solvency II gap analysis support to an Indian company
• Performing appointed actuary tasks for various Hong Kong and Macau companies, covering review of experience studies, statutory valuations, solvency testing, actuarial model reviews, year-end valuations, product development, business plan projections, asset-liability management, and dividend reviews
• Assisting as a secondment for numerous companies in various roles, including:
  • Providing on-site secondment support to a leading multinational company in Hong Kong on business planning projects for all its major business units
  • Working with a Belgium company’s IFRS 17 implementation team on its methodology of splitting cashflows meeting contract boundary requirements for universal life with different guarantees and reinsurance modelling for GMM
  • 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