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David Paul

David Paul

David Paul is an executive director in EY’s insurance and actuarial advisory services practice in New York, having recently moved from EY’s London office, where he spent the previous nine years.

Paul devotes a significant proportion of his client time to financial reporting and capital modeling projects. Up until mid-2014, he in particular focused on preparations for the impending Solvency II regime in Europe. He led projects in two major global non-life insurer groups, where EY partnered them through the typical journey of gap analysis, implementation planning, quantitative impact studies (QIS), internal model application process preparation, ORSA design, quantitative reporting template (QRT) preparation, etc.

From October 2014 to June 2015, Paul was full-time seconded as acting general insurance actuary/modeler to a major U.K. personal lines insurer. This role has principally involved the assessment and revalidation of an existing ECM, which was proving unsustainable in terms of both its technical robustness and an insufficiency of governance in preceding years.

Paul led the actuarial input for EY U.K.’s largest property casualty audit client from 2007 to 2010.

Paul’s role before joining EY in 2006 was as group chief actuary of an
international insurance group, where he led the installation of an economic capital model in 2005/2006 under UK’s recently introduced ICA capital modeling regime at that time, ahead of Solvency II.

Recent Articles by David Paul

Insurance CROs: Shifting to Offense

EY’s seventh annual survey of chief risk officers in the insurance industry confirms that companies are starting to move on from the post-crisis era of defensive risk management. While some CROs speak of works in progress or continuing improvements to their company’s risk management efforts, more CROs report they are comfortable with functioning frameworks that […]

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