Tanushia Paransothy Email & Phone Number

Perth, WA, AU

Perth, Western Australia, Australia

Overseeing the Insurance Product and Sales team, with direct reporting to the Risk and Compliance Partner.

Sydney, New South Wales, Australia

• Project Manager for the review of retail life insurance policy disclosures and marketing materials to ascertain whether premium increases or repricing were accordance to policy terms for a large insurance company.
• Project Officer and core team member for an end-to-end audit review across 13 workstreams at a large corporation. Delivered detailed reports outlining areas for improvement including Risk Management & Controls.
• Partnered with KPMG’s Risk Management Team to effectively map regulatory obligations pertaining to AFSL, AML, and ABC to existing controls. Identified gaps and implemented new controls where required.
• Quality assurer for a government program by proactively identifying and optimising internal processes through data-driven hypothesis formulation, survey design, meticulous data coding and analysis.
• Facilitated the integration of ISO 45001 document management practices for a large corporation by conducting a comprehensive current state assessment and developing group-wide procedures.

Singapore

• Developed climate change stress testing model by simulating catastrophe losses impacting Earnings and Solvency for Group business.
• Spearheaded the reporting of Sustainability Disclosures following TCFD guidelines.
• Automated the monthly monitoring and reporting of Key Risk Indicators (KRI) to Management and Board.
• Headed the FY2022 Risk Appetite Statement annual review for Financial and Non-Financial KRIs.
• Developed the Environmental Risk Management framework and Insurance Risk Policy to ensure sustainable business practices within the organisation.
• Strengthened the 3rd due diligence requirements for Outsourcing, Data Intermediary and Reinsurance.

Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia

• Enhanced the General Takaful & Insurance dashboard for Solvency, Earnings & Liquidity KRIs using MS Power BI.
• Projected Income Statement for Economic Capital Modelling and optimum treaty reinsurance pricing.
• Headed data analytics and flood simulations to ensure adequate reinsurance capacity using Remetrica.
• Developed Return on Risk-Adjusted Capital (RORAC) measurement for all classes of business.
• Executed Product Risk Assessments to assess pricing risk, underwriting risk, investment risk, reinsurance risk, fraud risk, etc. before product launch.

Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia

• Insurance & Takaful Risk ManagementDivision: Risk Analytics & Portfolio ManagementDivision: Governance, Consolidation & ReportingEconomic Capital Modelling (ECM)
• Compiled Attritional, Large and Catastrophe Losses as well as Premium, Commission and Management Expense historical data for Economic Capital Modelling and optimum treaty reinsurance pricing.
• Developed the Underwriting Risk model.IFRS17 Reinsurance Work stream
• Contributed to the Reinsurance & Retakaful work stream on the initial stages of IFRS17 adoption such as separation of contracts, level of aggregation and cash flow illustration.Product Risk Assessment
• Executed Product Risk Assessments to assess on pricing risk, underwriting risk, investment risk, reinsurance risk, fraud risk and etc.Catastrophe Flood Modelling
• Headed data analytics and flood simulations by leveraging on ReBanjir and Impact Forecasting models to ensure adequate treaty capacity and monitor exposure movements for flood prone areas. Reinsurer/ Retakaful Risk.

Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia

• Product Risk Assessment
• Assisted in executing Product Risk Assessments for Life Insurance Products in assessing pricing risk, underwriting risk, investment risk, reinsurance risk, fraud risk and etc.Catastrophe Flood Modelling
• Data extraction finto Rebanjir model for quarterly flood exposure.Half-yearly Product Report
• Life Insurance Product performance analysis, review and reporting based on new business margin.

Jalan Lagoon Selatan, Bandar Sunway, 47500 Subang Jaya, Selangor, Malaysia

• Assisted two law lecturers in their research area on Conventional & Islamic Insurance (Takaful).
• Prepared materials for lecture slides using PowerPoint for Business students.

Bachelor Of Science (Bsc) Hons, Actuarial Science

Activities and Societies: Sunway Actuarial and Finance Excellence (SAFE) Awarded Full Scholarship in BSc (Hons) Actuarial Science by the.

Cambridge A-Levels, Biology, Chemistry, Mathematics

Awarded full scholarship to pursue Cambridge A-Levels by the Lasallian Brothers