Actuary Biographies

Douglas W. Brooks, FSA, CERA, FCIA, MAAA

President & CEO, AEGON Canada

Upon graduation from the University of Waterloo, Doug joined Mutual Life (later Clarica) and the majority of his time was spent in the Individual Division, with responsibilities including product design, pricing, valuation and financial analysis. In 1997, he became chief actuary, overseeing the actuarial aspects of the company's demutualization, and having significant involvement in a number of acquisitions. In 2000, he was appointed senior vice–president and chief actuary, and added responsibilities for capital management, risk management and internal audit. In June 2002, Doug was appointed vice–president and chief risk officer at Sun Life upon the acquisition of Clarica by Sun Life. He joined the Equitable Life of Canada in September 2006.

Doug has had a number of industry involvements, including the CLHIA committee on solvency and capital and within the Canadian Institute of Actuaries (CIA) as a member of the Committee on the Role of the Appointed Actuary and member of the CIA Board of Directors. He is also a past chairman of the CIA Life Practice Committee, the CIA Committee on Risk Management and Capital Requirements and a committee on source of earnings disclosure.

Doug graduated from the University of Waterloo in mathematics and actuarial science. Doug has been a member, and is currently the chair of the Council of the Joint Risk Management Section of the Society of Actuaries, Casualty Actuarial Society and CIA. Doug is a Fellow of the Society of Actuaries (FSA), a Chartered Enterprise Risk Analyst (CERA), a Fellow of the Canadian Institute of Actuaries (FCIA) and a Member of the American Academy of Actuaries (MAAA).

Max J. Rudolph, FSA, CERA, CFA, MAAA

Founder, Actuary, Rudolph Financial Consulting, LLC

Max J. Rudolph is an actuary with Rudolph Financial Consulting (RFC), LLC. RFC provides strategic planning, enterprise risk management, asset liability management, pandemic planning, scenario planning and peer review to institutional clients. He has over twenty years of experience in the insurance industry.

Previously, Max was a vice president and actuary leading the Financial Risk Management unit of Mutual of Omaha Insurance Company. He was responsible for managing balance sheet risks such as asset liability management, liquidity and capital. Max also was heavily involved in managing account value products, along with valuation, financial projections and pricing of various group and individual life, health and annuity products.

Max is currently a member of the Society of Actuaries (SOA) Board of Governors, and previously served as chair of the SOA Investment Section and the ERM Strategy Task Force. Max also served on the Influenza Project Oversight Group as well as the Society of Actuaries/Casualty Actuarial Society/PRIMA ERM Symposium Organizing Committee.

Max is a Fellow of the Society of Actuaries (FSA), a Chartered Enterprise Risk Analyst (CERA), a CFA charterholder and a Member of the American Academy of Actuaries (MAAA).

Sim Segal, FSA, CERA, MAAA

US Leader of ERM Services, Watson Wyatt Insurance & Financial Services Inc.

With more than 20 years experience, Sim has a range of expertise, including ERM, capital management, Sarbanes–Oxley, value–based management and stochastic retail financial planning.

Sim's experience includes 5 years at Deloitte Consulting, where he co–led their ERM practice for insurance companies in the U.S., and led the development of their insurance ERM point–of–view and modeling approach and tools. His experience also includes 16 years at MetLife, where he was a key player in the first successful implementation of economic capital by a U.S. insurer, assisting in its integration into key company processes, including strategic planning, capital planning and pricing. Sim also led MetLife's IPO eligibility team and helped establish a corporate reinsurance unit.

Sim is a frequent speaker at professional conferences and has published numerous articles in industry publications. He currently serves as a member of the Society of Actuaries (SOA) Board of Directors, vice chair of the SOA Leadership Development Committee, a member of the SOA Strategic Plan Task Force, the SOA Risk Assessment Task Force, the American Academy of Actuaries ERM task force, multiple international ERM task forces, and the Continuing Education Committee of the Actuarial Society of Greater New York (ASNY). Sim has previously served as president of ASNY, as chairman of the SOA Management & Personal Development Section and as a Lead Actuary in the Actuarial Foundation's Advancing Student Achievement program.

Sim graduated summa cum laude from Wayne State University, with a B.A. in mathematics. He is a Fellow of the Society of Actuaries (FSA), a Chartered Enterprise Risk Analyst (CERA) and a member of the American Academy of Actuaries (MAAA). CERA is a professional credential in ERM recently launched by the SOA. Sim was one of a select group awarded the CERA based on his "thought leadership" and "significant contributions to advance the practice."

Sim works and resides in Manhattan.