ACTUARIAL BUSINESS SOLUTIONS CONSULTING CO., LTD.
"Aj. Tommy" (Pichet Jiaramaneethaweesin) established Actuarial Business Solution Consulting Co., Ltd., hoping to help Thai businesses grow sustainably.
Applying the principles of "Actuarial science" that looks complicated to make it easy to understand. And access organizations of all levels at a cost-effective price suitable for every business to lead to the effective future planning of the company with over 20 years of experience that has been trusted by a large number of auditors and service users. Take care of the whole process for customers. Always accessible and answer questions closely.
Tommy Pichet FSA, FIA, FSAT, FRM, MBA, MScFE (Distinction), B.Eng (Hons)
Tommy is a seasoned qualified actuary with over 20 years of experience across Asian insurance, finance and employee benefit valuation and management.
• Valuation of insurance and retirement benefit
• Product pricing and development
• Actuarial modeling and financial risk management
• Business plan and M&A activities
He currently is Managing Director of Actuarial Business Solutions Consulting Co., Ltd
Key leadership positions:
• President of The Society of Actuaries of Thailand (SOAT)
• Chairman of Actuarial committee of Thai Life Association Assurance (TLAA)
• Board director of Insurance Premium Rating Bureau in Thai General Insurance Association (TGIA)
• Director of actuarial department in AIA Thailand
Tommy obtained international recognition such as;
• Young ASEAN Manager Award (YAMA) in 2012 from ASEAN insurance council
• National Statistician Award in 2016 from Thai Statistical Association
• Honor lecturer in 2017 from NIDA university
He holds master degrees in Financial Engineering and also MBA. He becomes qualified actuary since 2005. He is fellow of the Society of Actuaries (USA), fellow of the Institute and Faculty of Actuaries (UK), and fellow of the Society of Actuaries of Thailand. He also holds Financial Risk Manager (FRM) designation from USA and passed Chartered Financial Analyst (CFA) level 2.
Puttarak Thipchatchawanwong, ASA
Puttarak is a seasoned actuary with over 20 years career experience in insurance industry specialized in both Life and Non-Life insurance.
He is expert in TFRS17 especially not only actuarial related area, but he also has a strong experience in Accounting Policy Choices, Acquisition cash flows, Expense Allocation, and Chart of Account related. He leads several project managements under TFRS17.
Prior to joining ABS, his latest role was Chief Actuary at Dhipaya Life Thailand. His technical expertise is in working on both product pricing and valuation for life and non-life companies.
He is currently head of TFRS17 project and chief actuary. To be precise, he has business acumen in insurance business with extensive experience including business projection, planning & forecasting, value reporting including TFRS17, Traditional EV, VNB, RBC, TH GAAP reporting, actuarial pricing, actuarial process review, reinsurance management and Prophet modelling and enhancements.
He held bachelor degree from Chulalongkorn University in Engineering (B.Eng).
Terence Lin, FSA, B.SoC.SC
Terence has experience over than 25 years in the employee benefits, insurance and reinsurance industries. He is a qualified actuary and has extensive international experience spanning many territories: Hong Kong, Indonesia, Mainland China, Singapore, Taiwan and Thailand.
He was in CFO roles for various multinational companies for 18 years, having worked for Huatai/Chubb Life and Citic-Prudential Life in Mainland China, AIA Thailand and AIA Indonesia. He was in charge of actuarial, distribution compensation management, finance, healthcare management, investment, product development, project management, strategic planning, real estate, and unit linked business administration.
Terence is particularly passionate about development of finance and actuarial professionals through systematic coaching/mentoring programs on top of organizational changes, process simplification and technological upgrade.
He has extensive experience in various organic or inorganic enterprise-wise strategic business, people and technical initiatives. He is value focused and stresses long term sustainable growth with financial discipline.
Terence is a Fellow of the Society of Actuaries in the U.S. and has a Bachelor of Social Sciences from the University of Hong Kong.
Pranee Wonglertsiri, CPA
Pranee is a seasoned CPA and accountant with over 25 years career experience in insurance industry.
She is expert in problem solving and project management process. She is very expert in TFRS4 and other accounting standards related to insurance industry. As a part of TFRS17 implementation project, she also has a special expertise in TFRS17 Accounting Practice, Accounting Policy Choice, Chart of Account in insurance industry, and practice in accounting system. She had also been handling the TGIA guidance note paper of TFRS17 for ABS.
Prior to joining ABS, latest role was director of finance and internal audit at AIA Thailand. Her technical expertise is to assess business risk together with suggestion in risk management approach to strengthen control and business plan. Her profession is also to perform audit task to any key functions in insurance company.
With her business acumen in insurance business, she always participate in either operation, accounting, or financial risk committee.
She holds a Bachelor degree in Accounting, Bachelor degree in Laws, and Master degree in Accounting from Thammasat University. She also holds accounting designation as CPA Thailand.
Raksa Wimonsutthikul, FCAS
Raksa is a qualified and certifying actuary with over 12 years career experience in insurance industry specialized in Non-Life insurance especially in TFRS17 practice.
She is an Associate Director in TFRS17 department of ABS. Prior to joining ABS, her latest role was a qualified actuary at Thai Reinsurance. Her main expertise is in working on liability valuation including estimating regulatory loss and expenses reserves for Non Life insurance companies.
Her subject matter expertise under TFRS17 is, for example, Level of aggregation, PAA Eligibility test, Measurement model, Reinsurance Contracts, Separation and combination of contracts, Transition Approach, Contract boundaries, Risk adjustment methodology, Discount rate, Acquisition cash flows and other cash flows. She leaded the TGIA guidance note project for ABS and successfully deliver the paper to OIC.
Raksa has already passed all subjects toward fellowship courses such as Regulation and Financial Reporting, Advanced Ratemaking, Estimation of Policy Liabilities, Insurance Company Valuation, and Enterprise Risk Management.
She held bachelor degree from Chulalongkorn University in Engineering in Nano Technology (B.Eng) and became fellow (FCAS) in 2016.