Sim Segal, FSA, CERA, is president and founder of SimErgy Consulting, a firm specializing exclusively in enterprise risk management (ERM). Headquartered in Manhattan, SimErgy provides ERM consulting services to companies in all sectors, primarily in the U.S. and Canada. SimErgy also provides executive education on ERM, including seminars, workshops, and webinars, globally.
With over 29 years of experience in measuring and managing risk, Segal is a globally recognized ERM thought leader with broad functional experience, deep technical knowledge, and ERM experience in a variety of sectors, such as insurance, banking, credit cards, technology, consumer goods, biotech, telecomm, hospitality, energy, services, timberland, education and research, nonprofit organizations, and government bodies.
Segal is author of Corporate Value of Enterprise Risk Management (Wiley, March 2011), which is required reading on the syllabi of the Society of Actuaries (SOA) and leading universities in the U.S., Canada, the U.K., Australia, China, Italy, Croatia, and Egypt. He is also director of ERM programs at Columbia University. Segal is host of Risk Radio™, a weekly radio show featuring discussions and interviews on ERM topics. He has also designed and coauthored several ERM research studies.
Segal has authored numerous articles in publications such as Forbes, American Banker, and Corporate Finance Review and has been quoted in publications such as the Wall Street Journal, Global Finance, National Underwriter, and Rough Notes. Segal is a frequently invited speaker to ERM conferences and events and has made over 150 ERM-related presentations globally.
Segal is active on industry committees. He served as inaugural chair of the SOA Risk Committee, leading the design and implementation of its ERM program (2009-2011). He also served as chief editor of Risk Management, a quarterly international ERM publication (2008–2009). Segal currently serves as vice chair of the Canadian Institute of Actuaries (CIA) ERM Applications Committee and as member of the Joint Risk Management Section’s ERM Symposium Program Committee, jointly run by the SOA, CIA, and Casualty Actuarial Society (CAS).
Prior to SimErgy, Segal led ERM consulting practices at Deloitte Consulting, Aon, and Towers Watson. Prior to his consulting experience, Segal was an officer at MetLife, where he was a key player in the first successful adoption of economic capital by a U.S. insurer, assisting in its integration into key company processes, such as strategic planning, capital management, and pricing. Segal also led one of the internal teams to convert MetLife into a stock company.
Segal has also played a leadership role in the actuarial profession, serving as vice president, SOA Board of Directors (2009-2011); member, SOA Board of Directors (2006-2009); member, editorial Board of The Actuary, an international publication (2005-2006); president, Actuarial Society of Greater New York (2002-2003); chair, SOA Management & Personal Development Section (2002-2003); and a lead actuary, Actuarial Foundation’s Advancing Student Achievement Program (2004-2006).
Segal graduated summa cum laude from Wayne State University, with a B.A. in mathematics. He is a Fellow of Society of Actuaries (FSA) and a Chartered Enterprise Risk Analyst (CERA). Segal is one of 40 ERM experts awarded the CERA for “thought leadership and significant contributions to advance the practice of ERM.”