Welcome to the IFoA Generative AI Working Party!
This is a new IFoA working party dedicated to researching and applying this new technology to the actuarial profession, as well as assessing the impact and establishing best practices for its use.
Meet the Team
Lei Fang
Dr Lei Fang is a Senior Lecturer in the School of Mathematical Sciences at Queen Mary University of London, where she serves as Programme Director for the MSc Risk Analytics and Deputy Head of the Centre for Mathematical Education. Her expertise spans actuarial science, risk analytics, and applied machine learning. Dr Fang is the founding Chair of the GenAI Working Party at IFoA, where she leads efforts on integrating GenAI into actuarial education and professional practice. Her research explores digital transformation, AI in education, and the mathematical foundation of AI.
Betty Zhu
Betty is a qualified actuary with deep expertise in insurance pricing, data science, and extensive experience in insurance software development gained through roles at multiple leading industry vendors, including WTW (Radar Suites), Aon (Aon Pricing Platform), and Akur8. She's always passionate about leveraging the cutting-edge GenAI knowledge and techniques into the day-to-day work and has delivered multiple presentations and workshops in this avenue. Betty is currently on a career break and exploring possibilities for the next exciting venture.
Daniel Ramsay
Daniel Ramsay is an Associate Director in WTW’s Insurance Consulting and Technology division, where he works in research and development. His work primarily focuses on introducing GenAI features to WTW’s actuarial software suite. Daniel is a founder and co-chair of the IFoA’s GenAI Working Party and has presented on topics of GenAI and AI agents at the IFoA Life conferences in 2023 and 2024. Daniel is also a member of the International Actuarial Association AI Taskforce.
Ben Dennesen
Ben Dennesen is an experienced actuary, architecting and delivering large-scale technical solutions with modern technology. He deeply understands insurance finance change, regulatory reporting, capital management, and the operational intricacies of actuarial functions. For the past couple years, he has focused on Artificial Intelligence, applying his software engineering and statistical knowledge to effectively use AI models in the insurance sector.
Within this working party, Ben contributes his thought leadership on AI's impact on actuarial science, leveraging his experience implementing AI in actuarial processes. He is passionate about using AI to enhance the efficiency of actuarial work.
Ben Ratcliffe
Ben is Deloitte’s GenAI lead across actuarial. He is focused on the practical implementations of GenAI, and the risks that this can pose. Ben recently led the working party discussion with the profession to develop training material around how to deploy Agents safely.
David King
David has over thirty years’ experience in investment management, with a focus on data-driven research, risk management, and NLP techniques for company document analysis. He contributes to the working party’s exploration of GenAI in financial text analysis and believes it can extend traditional NLP tools in identifying investment opportunities.
Asmita Jain
Asmita works as a Pricing & Portfolio Modelling Actuary at Nephila. She is currently experimenting with multimodal generation models.
Krushna Bhala
Krushna has over 8 years of actuarial consulting experience, with a focus on finance transformation and AI in life insurance. He is especially interested in how AI agents will reshape finance and actuarial workflows in insurers.
Hiteshi Gupta
Hiteshi is a life actuary at PwC with experience across UK, US, and India. She focuses on modelling, transactions, and GenAI use cases in life insurance. She brings a strong perspective on responsible adoption and is active in client engagement on GenAI strategy.
Disha Dagli
Disha Dagli is a Senior Pricing Actuarial Analyst at Brit Insurance, with previous experience as a Lead Actuarial Associate at WTW in pensions consulting.She is passionate about the transformative potential of AI within the actuarial profession and believes actuaries have a critical role to play in shaping its future. Disha is particularly interested in the ethical and regulatory considerations that must underpin the profession’s adoption of AI technologies. She is currently a member of both the IFoA’s GenAI Working Party and the Data Science, Regulation and Ethics Working Party.
Gillian McMahon
Gillian is a Lecturer (Education) Actuarial Science at Queen’s University Belfast and a former pensions actuary. She teaches undergraduate and postgraduate actuarial science modules, focussing on modelling and data science. She has a particular interest in the ethical application of AI and in ensuring her students are equipped for the future job market.