Paul Ferrara, FSA, CERA, CSPA

Consulting Actuary


  • Fellow of the Society of Actuaries
  • Chartered Enterprise Risk Analyst
  • Certified Specialist in Predictive Analytics


  • Ph.D., Mathematical Statistics
    University of Virginia
  • M.S., Pure Mathematics
    Virginia Commonwealth University
  • B.S., Applied Mathematics (honors)
    Virginia Commonwealth University

Paul Ferrara has been in the actuarial field since 1999 with much of his focus on advanced risk modeling and predictive analytics.  His experience includes the following:

  • Leveraging predictive models and advanced data analytics to enhance pricing, underwriting, marketing and claims management.
  • Enterprise Risk Management.
  • Reinsurance capital markets, Insurance Linked Securities, and third-party capital management.
  • Insurance Linked Securities product development.
  • Advanced analytics for natural catastrophe risks, including experience with catastrophe vendor models (RMS).
  • Portfolio management and optimization, including the facilitation of marginal (incremental) pricing, and optimal portfolio construction, subject to high-dimensional, complex, risk constraints.
  • Stochastic reserving and traditional actuarial reserving.
  • Capital modeling, including marginal risk capital, and EVA, calculations.
  • Asset modeling and ESG validation, including models for market risk, and counterparty credit risk.
  • Casualty catastrophe modeling, including experience with Praedicat© and Entail© software. 

Paul was an assistant professor of Actuarial Science at Drake University, and his research has been published by the Casualty Actuarial Society and the Society of Actuaries. He is also a frequent presenter at actuarial conferences and meetings.