Mission Statement
To facilitate and drive thinking, discussion and activity around the provision of Enterprise Risk Management (ERM) education to actuarial students as part of the Actuary qualification process.
To achieve this, the Education Faculty’s objectives are to:
- Support wider CPD offerings in ERM to members by collaborating with other practice areas;
- Work with and support a number of parties in this area, including the Institute Secretariat, the Institute Council and other committees, global actuarial bodies (e.g. the CERA treaty board) and local universities;
- Support the Enterprise Risk Management (ERM) subject within the Actuaries Institute Fellowship Program; and
- Approve the detailed learning objectives that sit under the top-level learning objectives..
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Members
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Faculty Head - 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.
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SME - Daniel Cheng
Consultant, Deloitte
Daniel is an actuarial consultant from Deloitte with a great passion for enterprise risk management. He has experience managing regulatory risk from various client works. Daniel passed the Enterprise Risk Management Specialist Principles (SP9) exam offered by the IFoA in 2019 and holds a Bachelor of Applied Finance and Bachelor of Actuarial Studies from Macquarie University. He was also a member of the Global Association of Risk Professionals (GARP) in 2018 and is a current member of the Actuaries Institute.
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RMPC Representative - Martin Considine
Head of Risk and Actuarial, Challenger Life Company Limited
Martin has been a member of the education sub-committee for ERM since 2009 and been a member of the RMPC since 2019. He has represented the Institute of Actuaries of Australia on the Global CERA Review Panel since 2011 and was previously the external examiner for the Australian National University CERA examination.
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SME - Shivani Padayachy
Shivani is a Senior Financial Risk Manager with over 15 years’ of experience. She has worked in the field of Life Insurance and Risk Management in South Africa and other African markets and is now based in Australia. Shivani is passionate about enterprise risk management and is currently studying towards an MBA specialising in this field. She hopes to use her skillset to promote the actuarial profession in less traditional areas. Shivani is a Fellow of the Institute of Actuaries in Australia and the Actuarial Society of South Africa.
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Chief Examiner - Zachary Tirrell
Zachary is a member of the Institute’s Actuarial Education team. He is a casual senior consultant at Quantium Health and a scholarship-holding candidate at the Macquarie University Centre for the Health Economy, with research focusing on risk. Zachary has experience in a diverse range of industries including healthcare, financial services and data analytics. He is a member of the Health Practice Committee and the health editor for Actuaries Digital.
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SME - 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.
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Secretary - Harry Liu
Harry specialises in pricing for personal line products and has experience in commercial line pricing and long tail reserving. He was a Tutor for actuarial courses at UNSW prior to commencing work full time. Harry completed his Bachelor of Actuarial Studies (Co-op) from UNSW in 2017 and achieved FIAA and CERA qualifications in 2020.
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Mike Callan
Executive General Manager – Education, Actuaries Institute
Mike has over 30 years’ experience in life insurance, wealth management, pensions and educating actuaries. Whilst in Europe, he led a team of over 60 actuaries covering product design, reserving, embedded value profit reporting and built up a risk management function for a large, multi-national insurer. Mike set up the Part II program at Monash university and is now heading the Actuaries Institute’s development and delivery of the new education program.
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Michelle Gavri
Education Design & Delivery Manager, Actuaries Institute
Michelle supports the delivery of the new education program for tomorrow’s actuaries. She has a background in education across multiple industry sectors and previous to this worked as a practising solicitor. In her spare time Michelle enjoys lifting heavy objects at the gym.
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