Andrew has 13 years’ experience as an actuary in Australia and overseas, and advises numerous injury schemes, insurers and government clients in the health and social sectors. He specialises in using advanced analytics to help his clients make better policy, pricing and operational decisions.
Andrew has developed social investment simulation models, which assist governments to evaluate and implement better policies for vulnerable people. This involves applying statistical and machine learning techniques to project individual life pathways and interactions with government services. Andrew says:
“Modelling in the social sector is a great example of using data for good. It’s rewarding to apply our theory to real-world issues affecting society, and contribute to positive change for our clients and the community.”
Previously, Andrew consulted in Australia and the United Kingdom, advising on actuarial reserving and pricing for government schemes and private insurers, particularly in workers compensation and builders warranty. He has advised the Australian Government for many years on activity based hospital funding.
Beyond his day job, Andrew is a two-time Microsoft Excel World Champion and was the Financial Modelling World Champion in 2019.Andrew’s Qualifications
- Fellow of the Institute of Actuaries of Australia
- Chartered Enterprise Risk Actuary
- Bachelor of Commerce, First-class Honours and University Medal in Actuarial Studies, UNSW
- Bachelor of Science in Mathematics and Statistics, UNSW
Areas of Expertise
Andrew Ngai’s Areas of Expertise
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