Skip to Content

Department of Applied Finance and Actuarial Studies

Our Graduates

Some Macquarie Actuarial Graduates

This page shows the variety of work in which some of our recent actuarial graduates are involved.

Macquarie's actuarial studies graduates include amongst their number a Rhodes Scholar, several who have undertaken postgraduate studies in prestigious overseas universities such as Stanford and Harvard, a winner of the Business Review Weekly Business Student of the Year Award, and past Presidents of The Institute of Actuaries of Australia.

Macquarie Actuarial Studies graduates can be found working in New Zealand, Europe, North America and Asia. The strong numbers of graduates in Kuala Lumpur, Singapore and Hong Kong are particularly noteworthy.

Adam Driussi (Graduated 1995) is a Director of The Quantium Group, a consultancy specialising in marketing and customer analytics. Adam provides strategic advice to many of Australia's leading brands in industries such as banking, telecommunications, media and insurance. This advice covers a wide range of strategic issues including customer and product pricing, customer value measurement, customer retention, competitor intelligence and media optimisation. Prior to co-founding Quantium, Adam was a Partner at Deloitte Touche Tohmatsu, where he led the firm's pricing and customer analytics practice.

Andrew Ang (Graduated 1994) is a Professor of Finance at Columbia Business School in New York City. After winning the University medal for his actuarial Honours thesis and working in industry for a short time, he attended Stanford University earning a Masters degree in Statistics and a Ph.D. in Finance. His research expertise includes empirical asset pricing, asset allocation, and dynamic valuation techniques. Andrew credits the flexibility of Macquarie's actuarial program for exposing him to many areas of financial economics and econometrics.

Aruna Pavithran (Graduated 1995) is Managing Director of Lucis, a boutique strategy and supply chain consulting company. She also provides independent private equity and risk advisory services in the energy sector for corporations and government. Prior to this, Aruna had a global service line role with Accenture, leading strategic assessment teams throughout Asia, in the UK and the US. Her actuarial undergraduate degree proved to be a significant differentiator at graduate level, and continues to add distinction to her commercial skills and activities.
Esther Kahumburu (Graduated 2001) works in Kenya for Jubilee Holdings Ltd. She heads the actuarial department and her work covers life insurance administration from inception to claim validation and payment, product innovation and development in general insurance, company-wide quality management, pensions and medical insurance. Esther is involved in setting up The Actuarial Society of Kenya (TASK), which will have the objectives of raising the profile of the profession and developing education systems to enhance local actuarial expertise. Esther believes that the broad nature of the Macquarie program has given her a good understanding of all areas of her company's business, and that the skills and knowledge she acquired in the Actuarial Control Cycle have been invaluable. Esther_20Kahumburu
Hoa Bui (Graduated 1984) is a director of KPMG Actuaries, an Australian actuarial consulting firm.  Hoa provides actuarial advice to a number of institutions, including life insurers, fund managers and investment banks both in Australia and in Asia Pacific. As the director in charge of the IFSA - KPMG lump sum risk experience investigation, Hoa also provides a service to the Australian insurance industry.  Prior to joining KPMG Actuaries, Hoa held a number of senior actuarial roles in AC&L, AXA and Tower in product development and financial reporting & control.
Marc Pillemer (Graduated 1999) is currently working for the investment banking and securities firm Goldman Sachs in New York. After graduation, Marc spent 2 years with Goldman in Hong Kong working in Debt Capital Markets in the bank's Fixed Income Division. After moving to New York and spending 18 months in the Interest Rate Derivatives Structuring and Marketing Group, Marc now works in the Financial Institutions Group in the Investment Banking Division, with a primary focus on Insurance. Marc plans to remain overseas to gain further overseas experience, before returning home to Sydney later in his career.
Melinda Howes (Graduated 1989) worked for life insurance company Prudential for 4 years in life insurance and superannuation, then spent 11 years at BT Financial Group where she was head of superannuation technical, head of education, managed a corporate super sales team and was most recently Director of Superannuation and Retirement Products. In 2004 she joined Alea Actuarial Consulting Pty Ltd, a small superannuation consulting firm. In late 2008 she was appointed Director of Policy & Insurance Practice at ASFA (the Association of Superannuation Funds of Australia. The Macquarie course provided a valuable grounding in investment and superannuation.
Matthew Robinson (Graduated 2006) having completed a Bachelor of Commerce majoring in Actuarial Studies. He joined Bain & Company in 2007 and has since been working on myriad strategic issues ranging from innovation to mergers and acquisitions for companies in the retail, consumer products, telecommunications & financial services sectors. The rigorous analytical training Macquarie Actuarial graduates receive provides them with a firm foundation to build their business careers.
Tony Coleman Macquarie Alumni

Tony Coleman  BA (Macq) MBA (Macq) FIA FIAA is a prominent Alumni from Macquarie's Actuarial Studies program and from 2000 until 2008, was the Chief Risk Officer & Group Actuary of Insurance Australia Group (IAG). Prior to joining IAG, Tony was a senior corporate finance partner of PricewaterhouseCoopers (PwC) and he is now a Director of Lonergan Edwards and Associates, a leading specialist valuation firm.
Throughout his career, Tony has played an active voluntary role in the actuarial profession. He was President of the Institute of Actuaries of Australia (IAAust) in 2001 and was later Chairman of the IAAust HIH Royal Commission Taskforce. Actively involved internationally since 2001, he is currently Chairman of the Enterprise & Financial Risks Committee of the International Actuarial Association (IAA) and a member of the IAA Executive Committee and the IAA Nominations Committee.
In recent years, Tony has also been active in promoting a better understanding of global warming and climate change in government, the community and business by working extensively on this issue with eminent scientists, business leaders and NGOs. This has included working with World Wildlife Fund (WWF) since 2004 as part of the Australian Climate Group and the Australian Conservation Foundation since 2005 on initiatives that have included the Australian Business Roundtable on Climate Change in 2006.

Wendy Fu (Graduated 2003) is a Consulting Actuary in Tillinghast, the  financial services and insurance consulting practice of Towers Perrin. Whilst primarily based in Hong Kong, she has worked with clients throughout the Asia-Pacific area, including Japan, China, Taiwan, India, Australia, Hong Kong, Singapore, Malaysia, Indonesia and Thailand.The diversity of work has been both interesting and rewarding; and ranges from assessing the economic value of life insurance companies for M&A deals, asset and liability management, risk-based / economic capital assignments, actuarial software implementation, bancassurance assignments, to license application for start-up companies. She believes the Macquarie Actuarial Studies Program has provided an excellent and solid technical foundation to the students, giving them a head-start to a promising future in their career.



Wade Tubman (Graduated 1996) is a Principal at Quantium, a consultancy specialising in marketing and customer analytics. Wade has over 15 years actuarial experience covering business and customer analytics, and the modelling and management of value and risk. Since joining Quantium, Wade has developed a number of customer and business analytics solutions, particularly for data rich businesses, such as banks, insurers, telcos and loyalty programs. These focus on using data and analytical techniques to acquire, retain and engage customers. Prior to joining Quantium, Wade worked with PricewaterhouseCoopers as a Director in the Financial Services Actuarial practice.

Prameet Jamnadas  (graduated 2005) is currently a management consultant at Bain & Company. After graduating from Macquarie's actuarial program, Prameet joined Bain's Sydney office, and in his time there, worked across a broad range of strategic and operational issues for the company's corporate clients, while also spending six months in the company's Private Equity Group. After completing transfers to Bain's New Delhi and San Francisco offices, Prameet took a leave of absence to undertake his MBA at Harvard Business School, and also spent one year as a Teaching Fellow in Harvard University's Department of Economics. After graduating with his MBA in 2010, Prameet returned to Bain & Company, this time in the company's Chicago office.