Actuarial Transformation—Roadblocks and Disruptors

Gaurav Rastogi, FSA, FCIA
Tim Pauza
Benjamin Farnsworth, FSA, CERA, MAAA

Insurance organizations are evolving. The session aims to give a high level view of the current state of a typical insurance company and the anticipated future state as organizations adapt to new technologies. The session aims to deliver the hard hitting reality of changes that actuaries will see in their day to day functions as organizations become more technology centric and set themselves on the path of becoming truly companies of the future. The session will aim to educate the participants on the latest trends in the transformation space, discussing future disruptors such as robotics, enterprise data management, block chains and others that will transform the insurance industry in the near future.

Gaurav Rastogi is a Manager in the Insurance and Actuarial Advisory Services practice of Ernst & Young LLP’s Financial Services Office. He is based in the firm’s New York office. He has over seven years of experience in the life insurance market, dealing with valuation, pricing and asset modeling for life insurance products. Gaurav’s focus areas include advising clients on their modeling infrastructure, specifically discussing topics such as model design, model governance and model risk management. More recently, Gaurav has also been involved in large scale finance and actuarial transformation initiatives. Gaurav is a graduate of University of Waterloo and is a Fellow of Society of Actuaries (FSA) and a Chartered Financial Analyst (CFA).

Tim is an executive director at EY with more than 15 years of actuarial experience and 9 years of information technology experience. Tim is the global and US leader of EY’s Actuarial Transformation® field of expertise. Has assisted or led multiple insurance companies with Actuarial Transformation® projects over the last 9 years.

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