About Us | actuarialbusiness

Tommy is a Seasoned Qualified Actuary with over 25 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

Former 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

• Quality Persons of the Year Award, 2022

• Consultant for the Office of the Auditor General of Thailand

He possesses dual master’s degrees in financial engineering and business administration (MBA), achieving qualification as an actuary in 2005. A distinguished professional, he holds fellowship status with esteemed institutions such as the Society of Actuaries (USA), the Institute and Faculty of Actuaries (UK), and the Society of Actuaries of Thailand. Additionally, he is a designated Financial Risk Manager (FRM) in the United States and has successfully completed the Chartered Financial Analyst (CFA) Level 2 examination.

Tommy Pichet FSA, FIA, FSAT, FRM, MBA, MScFE (Distinction), B.Eng (Hons)

Puttarak Thipchatchawanwong, FSA

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).

Nuttapon is a qualified actuary with over 18 years career experience in insurance industry specialized in both product pricing and valuation.

He is currently Associate Director under TFRS17 project. Prior to joining ABS, he worked in multinational Life insurance companies for more than 10 years under Actuarial department as either pricing or valuation team leads. His latest role was Head of Pricing (Acting) at Ocean Life Insurance.

He is not only expert in actuarial related area, but also has strong experiences in consulting actuary, for example, TFRS 17 Accounting Policy Choices, TFRS 17 Cash Flow Models, Business Projection, etc. His technical expertise applies to both life and non-life companies.

Specifically, his extensive expertise in insurance business include valuation reporting for TFRS17, Traditional EV, MCEV, VNB, RBC, prophet modelling and enhancements, actuarial process review, actuarial pricing, product management, premium certificate sign-offs, and reinsurance management.

He held master degree from the University of Melbourne in Finance.

Nuttapon Trihattakarn, FSA, FRM

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.

Terence Lin, FSA, B.SoC.SC

Raksa Wimonsutthikul, FCAS

Raksa is a qualified and certifying actuary with over 14 years of career experience in the insurance industry, specializing in non-life insurance, especially in reserve practice.

In her current role as Associate Director within the Insurance Department at ABS, she demonstrates both leadership and expertise. Prior to joining ABS, her latest role was as a qualified actuary at Thai Reinsurance. Her specialization is liability valuation, including estimating regulatory loss and expense reserves for non-life insurance companies.

Her commitment to professional development is evidenced by her successful completion of all subjects required for the fellowship, including but not limited to Regulation and Financial Reporting, Advanced Ratemaking, Estimation of Insurance Liabilities, Insurance Company Valuation, and Enterprise Risk Management.

Raksa holds a bachelor's degree in Engineering with a specialization in Nanotechnology from Chulalongkorn University (B.Eng) and achieved fellow status (FCAS) in 2016.

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.