NICHOLAS ACTUARIAL SOLUTIONS SDN BHD
Awards and Recognition:
2023
Company details
CEO/Director’s Name
Nicholas Yeo Chee Lek
Designation
Founder & Actuary
Address
Unit 32-01, Level 32,
Tower B Vertical Corporate Towers,
Jalan Kerinchi, Bangsar South,
59200, Kuala Lumpur, Malaysia
Unit 32-01, Level 32, Tower B Vertical Corporate Towers, Jalan Kerinchi, Bangsar South, 59200, Kuala Lumpur, Malaysia
Website
Nicholas Actuarial Solutions Sdn Bhd (n-actuarial) is a multiple award-winning technology-based actuarial firm founded in 2015. Its vision is to make significant contributions through actuarial work and the mission is to make clients more successful. The company’s values are progressive, can-do, open communication and professionalism.
The turnover of the company is consistently on the rise in the past 3 years. Throughout this period of growth, the business has remained profitable. n-actuarial has a talented team of over 40 people in the international and professional arena. The strong and experienced team has held senior positions across all functions of securities including general management, marketing, risk, finance, actuarial, employee benefits, product, and strategy. The company has an inclusive hiring process. Diversity, equity, and inclusion (DEI) best practices have been embedded into its business strategy.
n-actuarial’s large and diverse client base is a further testimony of the unparalleled success of the business. As a market leader in the insurance space, the clients range from the largest multinational insurance companies in the region to household local insurance companies in Malaysia, Singapore, Brunei, Cambodia and Myanmar. Outside of the insurance sector, n-actuarial serves both the public and private sectors, providing actuarial and analytics solutions.
n-actuarial is well positioned for growth, with its business spread across the region and clients from around the globe. Aside from its operations in Malaysia (Kuala Lumpur and Penang) n-actuarial has subsidiaries in Singapore, Indonesia and Cambodia. Currently, approximately half of the company’s revenues are generated from clients within Malaysia. Aside from clients from the ASEAN markets, n-actuarial has clients from Australia, Europe, Africa and North America. The company’s work is highly sought after internationally, as its dynamic and quick-learning team can adapt to different business practices, regulations, and cultures across different markets to add value to the diverse clients.
As a leading actuarial firm in this region, in addition to providing services to clients, n-actuarial develops technology solutions. Combining artificial intelligence and robotic process automation, technology is at the forefront of actuarial technology. Ultimately clients benefit from using technology through time and cost savings. Licensing its technologies to clients has become an additional revenue source.
Winning the SME100 Award is a testimony to the success and growth mindset. It also provides the team the impetus to continue to pursue growth and sustainability as a market leader in actuarial innovation and technology.
The turnover of the company is consistently on the rise in the past 3 years. Throughout this period of growth, the business has remained profitable. n-actuarial has a talented team of over 40 people in the international and professional arena. The strong and experienced team has held senior positions across all functions of securities including general management, marketing, risk, finance, actuarial, employee benefits, product, and strategy. The company has an inclusive hiring process. Diversity, equity, and inclusion (DEI) best practices have been embedded into its business strategy.
n-actuarial’s large and diverse client base is a further testimony of the unparalleled success of the business. As a market leader in the insurance space, the clients range from the largest multinational insurance companies in the region to household local insurance companies in Malaysia, Singapore, Brunei, Cambodia and Myanmar. Outside of the insurance sector, n-actuarial serves both the public and private sectors, providing actuarial and analytics solutions.
n-actuarial is well positioned for growth, with its business spread across the region and clients from around the globe. Aside from its operations in Malaysia (Kuala Lumpur and Penang) n-actuarial has subsidiaries in Singapore, Indonesia and Cambodia. Currently, approximately half of the company’s revenues are generated from clients within Malaysia. Aside from clients from the ASEAN markets, n-actuarial has clients from Australia, Europe, Africa and North America. The company’s work is highly sought after internationally, as its dynamic and quick-learning team can adapt to different business practices, regulations, and cultures across different markets to add value to the diverse clients.
As a leading actuarial firm in this region, in addition to providing services to clients, n-actuarial develops technology solutions. Combining artificial intelligence and robotic process automation, technology is at the forefront of actuarial technology. Ultimately clients benefit from using technology through time and cost savings. Licensing its technologies to clients has become an additional revenue source.
Winning the SME100 Award is a testimony to the success and growth mindset. It also provides the team the impetus to continue to pursue growth and sustainability as a market leader in actuarial innovation and technology.