We aim to be the platform and industry benchmark forprinciples-based insurance data analytics and risk management.

Fueled by data contributed each year from companies comprising approximately 70% of the variable and fixed indexed annuity markets, Ruark’s behavioral analytics services include industry- and company-level experience studies and actionable assumption model recommendations for complex and interrelated behavioral factors such as surrenders, income utilization, annuitizations, and mortality, based on a combination of expert judgment and advanced analytics such as predictive modeling techniques. Our behavioral analytics engagements range from discrete consulting projects to full-service outsourcing relationships. As a reinsurance broker, Ruark has placed and continues to administer dozens of bespoke treaties totaling over $1.5 billion of reinsurance premium and $30 billion of account value, and also offers reinsurance audit and administration services.

We are frequent speakers at industry events on the topics of longevity, policyholder behavior, product guarantees, and reinsurance. Our work and commentary have appeared in National Underwriter, Investment News, American Banker, Annuity News, Retirement Income Journal, Insurance Risk, The Actuary, Reinsurance News, Risk Management, and an iTunes podcast of the Society of Actuaries (SOA). We are active within the SOA, through elected membership on section councils, editorial work for publications, working groups, blogging for the Riskpertise website, and other projects.

We enjoy an ongoing collaboration with the Goldenson Center for Actuarial Research at the University of Connecticut, and we are members of the Bermuda International Long Term Insurers and Reinsurers Association.

OUR TEAM

Timothy Paris

Timothy Paris


Chief Executive Officer

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Tim is chief executive officer at Ruark Consulting LLC, which aims to be the platform and industry benchmark for principles-based insurance data analytics and risk management.

Fueled by data contributed each year from companies currently comprising approximately 70% of the variable and fixed indexed annuity markets, Ruark’s industry experience studies and behavioral analytics provide actionable quantitative insights into complex and interrelated behavioral factors such as surrenders, partial withdrawals, annuitizations, and mortality, based on a combination of expert judgment and advanced analytics such as predictive modeling techniques. As a reinsurance broker, Ruark has placed and continues to administer dozens of bespoke treaties totaling over $1.5 billion of reinsurance premium and $30 billion of account value, and also offers reinsurance audit and administration services.

Actuary, business leader, and frequent speaker at industry events on the topics of longevity, policyholder behavior and dynamic assumption model development, product guarantees, and reinsurance. Tim’s work and commentary have appeared in National Underwriter, Investment News, Life Annuity Specialist (Financial Times), American Banker, Annuity News, InsuranceNewsNet, Retirement Income Journal, Insurance Risk, The Actuary, Reinsurance News, Risk Management, and an iTunes podcast of the Society of Actuaries (SOA).  He is also the author of the chapter Modeling and Managing Policyholder Behavior Risk in the recently published book “Non-traditional Life Insurance Products with Guarantees”.

Tim is active within the SOA, as an elected member of the Reinsurance Section Council, Caribbean Editor for the International News magazine, member of the Policyholder Behavior in the Tail working group of the Joint Risk Management Section, leader of the Assumption Development and Governance Group, and blogger for the Riskpertise website. He has previously served as Contributing Editor for The Actuary magazine.

Tim is a member of the Advisory Board of the Goldenson Center for Actuarial Research at the University of Connecticut, member of the Business Advisory Panel of Insurance Ireland, member of the Financial Reporting Committee of the Bermuda International Long Term Insurers and Reinsurers Association, and member of the Board of Directors of Retirement Income Group Limited (New Zealand).

Tim is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries, and a graduate of the University of Connecticut, where he earned a BS in Mathematics with high honors.

Claudia Berns


Project Manager

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After graduating from the University of Connecticut with a Bachelor’s Degree in Finance, Claudia began her career at the Travelers Insurance Company in Hartford CT in the Life, Health and Financial Services Department.  She then accepted a position at GE as a Financial Analyst.  Claudia was selected as an internal recruit for the prestigious Financial Management Program where she gained extensive experience in various areas including accounting, sourcing, cost estimating and project management.

Before joining Ruark, she was an integral part of a start-up small business which she successfully managed for over ten years.  In her current position, she is responsible for operations support and project management.

Michael Doyle


Information Technology Director

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Mike Doyle serves as the Information Technology Director for Ruark. He has been working in the technology field for over twenty years. During this time, he has held a number of leadership positions.

Mike ran his own technology firm which Ruark Consulting integrated into the Data and Technology Practice in 2012. He has also held senior positions in industries such as Software, Manufacturing, Marketing, Distribution and Business Consulting.

He brings his depth of experience, technical skills and management capabilities to The Ruark Companies where he supports the production, administration and management operations.

When not working on an computer Mike can be found with his family or on a soccer field.

Peter Gourley


Vice President

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Peter is responsible for Ruark’s experience studies. These studies provide clear, reliable, and useful information to client company audiences. Peter joined the company in January, 2002 and has been involved in all aspects of the company in his tenure.

In his 20-year career prior to Ruark, Peter served in a variety of actuarial roles in many areas at CIGNA and Lincoln National. Peter graduated from Middlebury College with a BA in mathematics. He lives in Bloomfield, Connecticut with his wife, Ruth Ann Woodley, another actuary in the Ruark pantheon of companies

Eric Halpern


Chief Operating Officer

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Eric Halpern is Chief Operating Officer of Ruark Consulting. In this role, he leads the company’s policyholder behavioral analytics work, including industry- and company-level experience studies, predictive modeling and assumption model development, and related client projects. Eric provides leadership for these products from an actuarial, work process, and information technology standpoint.

Eric comes to Ruark with over 20 years’ experience in actuarial science, financial modeling, risk management, and investment management. Most recently, he was VP of Global Hedging Programs for White Mountains Life Re (Bermuda), a global reinsurer of variable annuity guarantees, where he was responsible for day-to-day management of the company’s financial risk mitigation program. He has also held annuity risk management positions at Phoenix and Cigna, as well as diverse actuarial staff positions at Cigna. Eric holds a BS in Mathematics from Yale University and is a Fellow of the Society of Actuaries.

In addition to his work at Ruark, Eric teaches insurance risk management in the Master’s Program in Financial Risk Management at the University of Connecticut School of Business. He lives with his family in West Hartford, Connecticut.

Mike Loftus


Senior Consultant & Actuary

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Mike joined Ruark in January, 2005 and is involved in all aspects of the company, including consulting, reinsurance reporting, and peer review.

Mike came from The Hartford where he worked as a Pricing Actuary for Group Annuities. Prior to that, Mike had a distinguished 15-year career at CIGNA with responsibilities in CIGNA’s Pension and Healthcare operations.

Mike is a graduate of American International College where he earned his BA in Mathematics in 1983. He lives in Windsor, CT with his wife, Molly, and three children.

Judy Mason


Analyst/Office Manager

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Judy joined Ruark in January, 2001. As an Analyst/Manager, she handles a broad range of duties including client reporting, budgeting and financial reporting, tax filing, invoicing and banking. Before joining RIA, Judy worked at CIGNA for many years.

Judy resides with her husband, Scott, in Windsor, Connecticut

Sally Osit


Chief Administrative Officer

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Sally joined Ruark in July, 2001, where she focused on reinsurance program reporting, including book of business reviews, experience studies, and program renewals. Currently, as Chief Administrative Officer, she has led the administration of Ruark as it grows its consulting, reinsurance & experience studies offerings.

Sally has over 24 years of varied insurance industry experience. Prior to joining Ruark, Sally held a position of Director of Integration & Synergy with CIGNA Health Services. She also has a wide variety of both pricing and financial reporting experience, having managed cash flow testing for all of CIGNA’s pension products as well as pricing for CIGNA’s dental, COLI, and 401(k) products.

Sally is a graduate of the University of Connecticut, where she earned her BA in Actuarial Science in 1990. She currently lives in South Windsor, Connecticut with her husband, Alan, and three children.

Don Ruark


Chief Financial Officer

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Don joined Ruark as our Chief Financial Officer in September 2010.

Graduated with Bachelors of Business Administration in 1977 from Eastern Michigan University.
Became a CPA in 1979.
35 years experience, including both the public and private sectors.

Don Resides in Canton MI with wife Kayla, youngest daughter Alyse, and Scout the dog.

Randy Schott


Data Analyst

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Randy joined Ruark in 2012 with over 15 years in the insurance industry and actuarial environments.

Prior to joining the company, Randy was involved in Small Group Medical Pricing with Aetna and United Healthcare.  He also has experience with state filings, pension analysis and Underwriting.

Randy is a graduate of The University of Connecticut.  He lives in Vernon Connecticut with his wife and family.

Eric Swan FSA - Ruark Consulting

Eric Swan


Senior Consultant & Actuary

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Eric joined Ruark in 2009 with over 20 years of experience in the insurance industry.

Before joining the company, Eric was an Assistant Vice President at MetLife, responsible for product development and pricing of Corporate Owned Life Insurance products. Eric also has experience in pricing retail Universal Life and annuity products, state insurance department and SEC filings, cash flow testing and Illustration Actuary product compliance.

Eric graduated Magna Cum Laude and Phi Beta Kappa from Colby College, where he earned a BA in Economics/Mathematics. He lives in Suffield, Connecticut with his wife and two children.

Ruth Ann Woodley


Dental Practice Leader

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Ruth Ann joined Ruark Consulting, LLC in 2004 and developed its dental consulting practice. Prior to joining RCL, Ruth Ann spent 11 years with CIGNA Corporation. There she served as the actuary for CIGNA Dental and the reserving actuary for CIGNA Healthcare, among other roles. She is involved in volunteer work for the Society of Actuaries’ Entrepreneurial Actuaries Section, and in the National Association of Dental Plans.

She is originally from North Carolina, where she graduated from UNC-Chapel Hill with degrees in both mathematics and music. She lives in Bloomfield, Connecticut with her husband Peter Gourley.

Steve Wright


Sr. Consultant & Actuary

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Steve joined Ruark in 2009 with 17 years of insurance experience, most recently as a principal in a small reinsurance underwriting company. Prior to that he was at The Phoenix and the former Connecticut Mutual, which included positions in Group and Special Risk reinsurance and Ordinary Life reinsurance. Along the way, he also served a few years as a CT-certified high school math teacher, where he beat into his students the love of math.

Currently, Steve is spearheading Ruark’s growth into predictive modeling and assumption setting. His programming abilities and actuarial expertise have also been leveraged to further enhance the company’s annuity industry experience studies.

Steve is a graduate of Bates College where he earned a BS in mathematics, is a Fellow in the Society of Actuaries, and is a Member of the American Academy of Actuaries.