Actuarial Risk Management (ARM), an Austin-based boutique actuarial consulting firm, has added David Ingram and Max Rudolph to lead the firm’s new strategies and risk solutions for executives (SRSE) program.
Ingram and Rudolph, who collectively bring 80+ years of enterprise risk management (ERM) experience, will launch the new offering – which includes a newsletter, webinars, and one-on-one interactions focused on risk topics. The program is designed to “stimulate risk discussions with property, casualty, life, and health insurance executives,” according to a press release from ARM.
Ingram and Rudolph join the firm as senior ERM consulting actuaries. Ingram will focus on the intersection of risk and strategy for insurers, while Rudolph will focus on the stability of asset and liability assumptions and improving practical decision-making over long time horizons.
Ingram previously spent 12 years in the reinsurance division of Willis Towers Watson, where he was an EVP and led the ERM advisory group. Before that, he was senior director of ERM at Standard & Poor’s, where he led an initiative to incorporate ERM into insurance ratings. Ingram also previously spent seven years at Milliman, where he was a consulting actuary.
He holds a bachelor’s degree in mathematics from Lehigh University and is a fellow of the Society of Actuaries (FSA), a chartered enterprise risk analyst (CERA), a financial risk manager (FRM), and a professional risk manager (PRM). Ingram currently a board member of the Society of Actuaries.
Rudolph previously spent 23 years at Mutual of Omaha, where he was VP of financial risk management and focused on improving asset-liability management and enterprise risk management practices. He has taught graduate level courses in ERM and investment topics as an adjunct professor at Creighton University for the last 11 years.
Rudolph holds a bachelor’s degree in mathematics from Michigan Technological University and has CFA, FSA, and CERA certifications.
“Dave and Max bring deep industry experience and leadership around risk topics to ARM,” said Corwin Zass, principal founder of ARM. “We are thrilled to have them join the company and complement our existing global actuarial resource pool for current and prospective clients. And we’re looking forward to leveraging their profound risk expertise to develop practical solutions for our insurance clients to cope with the evolving risk environment.”
Founded in 2006, ARM provides risk measurement and risk management advice in the areas of insurance and reinsurance, healthcare, employee benefits and retirement, and operational strategy.
The firm has approximately 10 employees, according to LinkedIn, and works with many of the Top 30 accounting firms – including BDO.