Chong Sheng 中盛 Lim 林

CEO

Kuala Lumpur, Malaysia14 yrs 1 mo experience

Highly Stable

Key Highlights

Extensive experience in digital insurance across Asia.
Expert in IFRS17 and financial reporting.
Proven track record in insurance strategy and partnerships.

Stackforce AI infers this person is a strategic leader in the insurance industry with expertise in financial regulations and actuarial science.

Contact

Skills

Core Skills

Ifrs17Financial ReportingInsuranceBusiness StrategyActuarial Consulting

Other Skills

Executive ManagementGeneral InsuranceBusiness PlanningData AnalysisStatistical ModelingStrategic PlanningEconomic CapitalInternational Financial Reporting Standards (IFRS)StrategyConsultingMergers & Acquisitions (M&A)Strategic NegotiationsStrategic PartnershipsGo-to-Market StrategyLife Insurance

About

Non-traditional actuary with extensive experience in (digital) insurance industry across Greater China, SEA and India. Key experiences including: - Insurance strategy and investment - Partnership and alliance - IFRS17 - Reserving/ Reporting - ERM and Capital Modelling

Experience

14 yrs 1 mo

Total Experience

2 yrs 3 mos

Average Tenure

10 mos

Current Experience

Generali malaysia

Appointed Actuary

Jul 2025 – Present · 10 mos · Malaysia

IFRS17Executive ManagementBusiness StrategyFinancial ReportingGeneral InsuranceBusiness Planning+3

Tune protect group

2 roles

TP Malaysia | Appointed Actuary

Jan 2022 – Jun 2025 · 3 yrs 5 mos · Federal Territory of Kuala Lumpur, Malaysia

IFRS17Economic CapitalExecutive ManagementInsuranceInternational Financial Reporting Standards (IFRS)Financial Reporting+5

Head of Actuary

May 2021 – Jun 2025 · 4 yrs 1 mo · Federal Territory of Kuala Lumpur, Malaysia

IFRS17Economic CapitalExecutive ManagementInsuranceInternational Financial Reporting Standards (IFRS)Financial Reporting+3

Xiaomi technology

Mi Global Insurance | Head of SEA

Oct 2019 – May 2021 · 1 yr 7 mos

Main functions include:
Develop insurance business strategy and capability
Advise on insurance related investment and partnerships
Develop and price insurance product
Geographical coverage mainly include SEA, India and China market.

Executive ManagementInsuranceStrategic NegotiationsStrategic PartnershipsStrategyBusiness Strategy+3

Ey

Consulting Actuary

Sep 2018 – Oct 2019 · 1 yr 1 mo · Beijing City, China

Main engagement/ roles:
Performed IFRS17 Gap and Financial Impact Analysis, and led IFRS17 Training for 9 General (Re)Insurers in Greater China region (including China, Taiwan and Hong Kong)
Enhanced Pricing Mechanism and Business Monitoring Strategy for Multinational General Insurer (then JV)
Managed actuarial audit and stress test for large general insurers (including credit insurer) based in China
Conducted HKGAAP conversion for Multinational Reinsurer

IFRS17Economic CapitalExecutive ManagementInsuranceInternational Financial Reporting Standards (IFRS)Financial Reporting+2

Msig holdings (asia) pte ltd

General Insurance Actuary

Aug 2016 – Aug 2018 · 2 yrs · Singapore

Coverage:
Singapore
Vietnam
Thailand
Hong Kong
Macau
Support / Functions:
IFRS17 gap and impact analysis
IFRS17 implementation
Reserving/ Valuation
Local and Group reporting
Stress test analysis
Portfolio monitoring
Rating review
Business planning
Reinsurance review
Singapore RBC2 QIS
Other ad-hoc actuarial/financial functions

IFRS17Economic CapitalInsuranceInternational Financial Reporting Standards (IFRS)Financial ReportingActuarial Consulting+2

Pwc

Actuarial Consultant

Oct 2014 – Jul 2016 · 1 yr 9 mos · Singapore

Life Insurance:
Supported and performed actuarial audit duties for more than 5 life (re)insurers across Singapore,
Indonesia, Vietnam and Malaysia.
Conducted thorough market research on current Bancassurance business for both Singapore and Indonesia market, specialising in Bancassurance business and sales models.
General Insurance:
Independently constructed ERM Economic Capital Model, and projected Financial Statement and Capital Adequacy based on the understanding of the reinsurer’s business profile and risk appetite through constant communication/discussions.
Consulted client regarding the possible breach in risk tolerance, and advised on feasible mitigating actions and business strategies accordingly.
Supported and performed actuarial audit duties for more than 5 general (re)insurers across Singapore, Thailand and Malaysia.
Fully involved and also supported PwC’s role as certifying actuary for several (re)insurers.