Risk Management Practice Committee (RMPC)


Elizabeth Baker
Risk Manager –The Hollard Insurance Company

Elizabeth has worked for 30 years in the financial services industry in Australia, Europe and Asia. She is a Fellow of the Institute of Actuaries of Australia (FIAA), an Associate of CPA  Australia and holds a Masters of Applied Finance.

Prior to joining Hollard, she worked at EY, CommInsure and was the Appointed Actuary for CMLA.

Before returning to Australia in 2013, Elizabeth worked internationally for 15 years in Europe, Japan and the Asia Regional office in Singapore for AXA, in a range of senior Actuarial, Risk and Finance roles across a number of insurance and reinsurance businesses. She has extensive operational experience in Finance, Capital Management, Actuarial, Risk Management and Strategy


RMPC Members


Nicholas Han (Secretary)
Manager, Ernst & Young

Nicholas is a Manager in the Actuarial Services practice at EY with over 4 years’ experience in a consulting capacity. Nicholas has provided modelling, pricing and valuation support to a number of participants in the Australian Life Insurance and Wealth Management market. Nicholas is a Chartered Enterprise Risk Actuary (CERA) and a Fellow of the Institute of Actuaries Australia (FIAA).

meera Meera Sardana 
Associate Director – Ernst & Young

Meera has 10 years of consulting experience in the Australian Life insurance and Wealth Management industries.

She has supported a number of Appointed Actuaries with financial condition investigations and reporting for life insurers, reinsurers and friendly societies.

She has led independent assessments of the Risk Management Framework and Internal Capital Adequacy Assessment Process for a number of life and general insurers.

She has extensive experience performing and reviewing stress and scenario testing, including developing assumptions and models for life insurers and reinsurers.

  Peter Yeates 
Director, Analytic Partners

Peter has nearly 20 years’ experience, principally as an actuarial consultant, across general insurance (including serving as CRO of a Lloyd’s syndicate), health and wider fields. He has worked in New Zealand, the UK and Australia. Peter is a Chartered Enterprise Risk Actuary (CERA) and is also chair of the RMPC Education subcommittee and co-chair of the Cyber Insurance Working Group. 

  Ashutosh Bhalerao
Appointed Actuary, ClearView Life Assurance Ltd

Ash has 20 years experience in the financial services industry, specialising in life insurance. He has a wide range of experience including risk management, capital management, financial reporting, asset liability management, product pricing and reinsurance. Prior to ClearView, Ash was the Appointed Actuary for Swiss Re Life And Health Australia and has also held other senior actuarial roles in TAL, Challenger and AMP. Ash is also a member of the LIWMPC. 

Clare Hughes Clare Hughes
Public Policy & Practice Excellence Adviser, Actuaries Institute

Clare is a member of the Public Policy and Practice Excellence team at the Institute. Clare has a background in strategic communications including Investor Relations, Government Relations and Internal Communications and has experience in financial services and real estate investment trusts (REITs). Clare has a Bachelor of Business (Banking & Finance).

tim Tim Gorst
Independent Consulting Actuary and ERM Educator

Tim has over 25 years of financial services experience across both banking and wealth management and currently consults independently as a senior financial services and ERM actuary. Tim also teaches Enterprise Risk Management at the Australian National University in Canberra and for the Actuaries Institute of Australia. Tim is a Fellow of the Institute of Actuaries of Australia and a Chartered Enterprise Risk Actuary 

Gaurav Agrawal
Senior Manager, Enterprise Risk, Allianz Australia Life Insurance Ltd.

Gaurav is a Risk Actuary with over 10 years' regulatory and consulting experience across the general and life insurance and wealth management industries. As Senior Enterprise Risk Manager at Allianz Australia Life Insurance Ltd, he currently supports the Chief Risk Officer with end-to-end oversight of risks across the Allianz Australia Life and Allianz Retire+ businesses, risk reporting to management and Board committees, and leading the response to the regulatory change agenda. Gaurav's key focus areas encompass strategy, governance, risk and capital management and business partnering.

Prior to joining Allianz, Gaurav worked at Ernst & Young, Rice Warner Actuaries and APRA with experience across regulation and supervision, risk and capital management, independent reviews, benchmarking and group insurance tender management.

Gaurav is a Chartered Enterprise Risk Actuary (CERA), Associate of the Institute of Actuaries Australia (AIAA) and Financial Risk Manager (FRM) designation holder. He is also a member of the Actuaries Institute University Accreditation Panel, a sub-committee of the Council's Education Strategy Committee (ESC).

Martin Considine

Head of Actuarial, Challenger

Martin has over 30 years experience in the Australian, Irish and Italian life insurance industries. Martin has extensive experience predominantly in the valuation and capital management areas.

He is chair of the Risk Management Education Faculty, and is 1 of the 2 Actuaries Institute representatives on the Global CERA Review Panel.

2021 CC_1  Camille Cuche
Chief Risk Officer, Asia - RGA

Camille Cuche is Chief Risk Officer, Asia at RGA Reinsurance. A Fellow of the Institute of Actuaries of Australia since 2004, Camille has over 20 years experience in the life insurance industry. Since joining RGA in 2006, she has held several pricing leadership roles with responsibility spanning multiple markets including Japan, Korea, India, Taiwan and Australia. Camille has led diverse actuarial teams across Asia Pacific.

Prior to RGA, Camille has actuarial consulting experience with Deloitte and Milliman as well as investment banking experience at Credit Suisse.

 Paul Caputo

Head of Risk Consulting and Technology Australia and New Zealand, Willis Towers Watson

A financial services executive with over 30 years experience with expertise in risk, finance, and leading and transforming teams. A specialist in life insurance, general insurance and mortgage insurance within Australia and Asia and is passionate about driving risk management as a key competitive proposition within organisations.

A broad range of professional experience which includes heading up the Australian risk and actuarial consulting business for Willis Towers Watson, Chief Risk Officer and Chief Executive for a large insurer, CFO and establishing a start-up life company in Thailand. This experience provides a unique balance of strong commercial acumen together with a deep understanding of building and driving effective risk management within organisations.

A proven ability to manage and influence a diverse range of stakeholders including senior management, regulators and government bodies, rating agencies and company boards.

Xiao Xu

Lecturer, UNSW

Xiao is a Lecturer in the School of Risk and Actuarial Studies and the Academic Mentor for the Actuarial Society of UNSW. Her research interests centre around variable annuities, retirement planning and artificial intelligence (AI) deep learning. Xiao lectures various actuarial and risk management courses in UNSW.

Before joining UNSW, Xiao had three years of industry work experience in life insurance, consulting business and VC entrepreneurship. Xiao holds several professional qualifications: Chartered Financial Analyst, Chartered Accountant - Australia, Fellow of the Institute of Actuaries of Australia, Certified Public Accountant – USA, Financial Risk Manager (2016), Fellow of Society of Actuaries and Chartered Enterprise Risk Analyst.

Jason_Yu Jason Yu

Commercial Pricing Manager, Suncorp Group

Jason is an experienced insurance professional with a pricing and actuarial background. He has developed solid capabilities over the past 10 years in pricing and analytics, modelling, systems and various product knowledge spanning across both Commercial and Consumer Insurance. Jason’s roles as Commercial Pricing Manager and Pricing Manager have further developed and seasoned his ability as a leader, mentor and strategic thinker.

His key interest and skill set is his ability to look through the lens of different stakeholders and customers. Jason bridges the gap between using advanced analytics and the real world implementation of products that are often very traditional in nature.

Outside of work, he is an education faculty member at the Actuaries Institute, a fanatic basketball fan and foodie.

Srikar_Velivela Srikar Velivela

Manager of Capital Performance, Advice and Frameworks, Suncorp Group

Srikar is an experienced professional in the financial services industry. His experience spans across reserving in General Insurance across both direct insurance and reinsurance portfolios, Risk Management and Capital Management across General Insurance, Life Insurance, Wealth and Banking industries. 

GiriVaratharajan Giri Varatharajan

Giri is an experienced actuary who has worked in the superannuation and life insurance industries. Having started his career in Sydney, he spent over 20 years in the UK where he was responsible for a multi-disciplined team providing actuarial advice, benefit consultancy and administration services for a number of corporate pension schemes. During this time, he advised several pension trustee boards on the development of their risk and governance frameworks.

On returning to Australia, Giri worked in the pricing team at CommInsure and before joining the Insurance Risk Team at APRA in 2018. He is a Fellow of the Institute of Actuaries of Australia as well as the Institute and Faculty of Actuaries.