Director, Financial Services Senior Analyst
Areas of focus: Financial Services
In May 2019, David was selected as a senior analyst in RSM’s cutting edge Industry Eminence Program, which positions its senior analysts to understand, forecast and communicate economic, business and technology trends shaping the industries RSM serves. These senior analysts advise clients on conditions influencing middle market leaders. David’s focus is on the financial services industry.
Summary of experience
David provides a diverse range of property & casualty (P&C) actuarial, insurance management and enterprise risk management consulting services for large financial institutions and clients in various other industries. He leads several complex model development initiatives in the area of economic capital and risk modeling, Appointed Actuary and External Peer Review engagements, and model validation and model risk management engagements for Canadian and U.S. clients.
David has experience leading teams in areas of corporate and strategic planning, capital adequacy assessment, insurance risk management, and model risk management programs at a large Canadian insurance company. He led the company’s Own Risk and Solvency Assessment (ORSA) and Dynamic Capital Adequacy Testing (DCAT) processes, through which he accrued extensive knowledge of capital adequacy assessment methodologies and techniques, regulatory capital frameworks and guidelines, and enterprise risk management. He also led the company’s actuarial challenge function, a team responsible for peer reviewing and challenging actuarial analyses and risk models throughout the company, including but not limited to product design, pricing, underwriting, sales & distribution, claims handling, reserving, reinsurance and asset management.
David also has consulting experience with a large global insurance broker, where he provided a variety of property & casualty actuarial consulting services to large professional services firms, including pricing, reserving, capital modelling, insurance and reinsurance program design and captive management.
Professional Affiliations and Credentials
- Fellow of the Casualty Actuarial Society (FCAS)
- Fellow of the Canadian Institute of Actuaries (FCIA)
- Bachelor of Science, specialization in actuarial mathematics, Concordia University
- Bachelor of Science, biology and mathematics, McGill University
Our summer financial services outlook focuses on bank branch strategies, solar financing, “buy now, pay later,” investment trends and more.
Insurance technology has long been causing disruption by streamlining traditional insurance functions. Now, insurtech is driving growth.
As competition in the insurance space will expands beyond traditional carriers, it is critical for insurance businesses to evolve digitally.