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ACTOMATE

IFRS 18

IFRS 18 introduces significant changes to the presentation and disclosure of financial statements, requiring insurers to reassess their reporting processes and financial statement formats. Leveraging our extensive experience in IFRS 17 implementation and insurance financial reporting, we help insurers transition to IFRS 18 efficiently while ensuring compliance with the latest accounting requirements.


MFRS 119

Our multidisciplinary team combines accounting, actuarial, and regulatory expertise to deliver practical solutions that integrate seamlessly with existing reporting processes.


Our services include:

  • Gap assessment 

  • One-off implementation

  • Training

  • Regular Reporting

PRACTICE LEADER

Jessie Leong
AIA C. Act
Reporting Lead

Jessie is an Associate Actuary and she is the Reporting Lead at Actomate. Jessie has over 5 years of experience in actuarial work, and has led various actuarial valuation projects across Malaysia, Cambodia, Laos, and Papua New Guinea.

Jessie is well-versed in local regulatory requirements and oversees all internal regular statutory and financial reporting, ensuring compliance with regulations and adherence to submission deadlines. Jessie is also heavily involved in IFRS 17 implementation projects for general and captive insurance companies. Apart from that, Jessie has contributed to the review and development of in-house IFRS 17 software, the PAA Robot. Jessie is proficient in Excel and Data3Sixty.

Jessie has worked with a diverse range of clients, including family takaful, general insurance, general takaful, captive insurance, reinsurance, and funeral service companies. Her expertise covers actuarial valuation, financial reporting, reinsurance optimization, capital modeling, and product pricing. Jessie also has experience assisting audit firms with actuarial-related audit work.

Jessie graduated with First-Class Honours in BSc (Hons) Actuarial Science from Heriot-Watt University, Malaysia. Jessie is currently studying towards attaining Fellowship of the Institute and Faculty of Actuaries (UK). Jessie is keen on exploring and applying her actuarial knowledge in both traditional and non-traditional areas of actuarial work.

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