Our Company

Wen Yee Lee, FIAA, FSAS, FASM

Principal, Consulting Actuary
Singapore, SG

Tel: +65 6327 2302

E-Mail | Download bio | VCard

Professional Designations

  • Fellow, Institute of Actuaries of Australia
  • Fellow, Singapore Actuarial Society
  • Fellow of the Actuarial Society of Malaysia

Education

  • Bachelor of Commerce (Honours degree), University of Melbourne

Current Responsibility

Wen Yee is a principal and consulting actuary based in Milliman's Singapore office. She has worked as a consultant in the region since 1998 and joined the firm in 2010.

Experience

Prior to Milliman, Wen Yee spent 12 years with Watson Wyatt, nine of which were spent in Asia Pacific with the other three in the U.K. In her 12 years with Watson Wyatt, Wen Yee worked on a wide variety of life insurance projects. Her experience includes providing appointed actuary services to companies in the U.K. and Singapore, carrying out appraisal valuations using both traditional embedded value (TEV) and market consistent embedded value (MCEV) techniques, undertaking technical lead roles in mergers and acquisition projects in both South-East Asia and the Central Eastern Europe region, assisting companies in the implementation of Solvency II, product pricing and development, business planning and providing advice on ALM.

Her recent assignments include:

  • Working on the sell-side valuation work for AIG's 13 businesses excluding Japan and the Philippines during 2008 and 2009, with a particular focus in Singapore and Malaysia.
  • Advising Met-life on the acquisition of ALICO, with particular focus in the CEE region.
  • Advising Aviva on the acquisition of PT Asuransi Winterthur Life Indonesia.
  • Advising investment banks and reinsurers operating in Singapore on the regulatory impact of proposed investment/ reinsurance solutions.
  • Advising a Singapore insurer on the implications of adopting various investment strategies.
  • Assisting a Singapore insurer in the pricing and development of Universal Life.
  • Managing the MCEV implementation project for a Singapore insurer. Work included carrying out an introductory appropriate methodology annually.

Wen Yee is currently Appointed Actuary for Swiss Life (Singapore) Pte Ltd and St. James's Place International, Singapore Branch.

Wen Yee speaks regularly at actuarial conferences and forums.

  • Work at Milliman

    • “I was offered a chance to come in, shake things up, create something."
    Work at Milliman