Esteban Paez
Global M&A Leader, Actuarial
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Esteban is a partner in our New York office and the Mergers and Acquisitions leader of the Actuarial Consulting Practice.

He has more than 10 years of experience advising insurers, reinsurers, investment banks, and private equity firms, with a particular focus on mergers and acquisitions.

Esteban advises clients across the transaction lifecycle, helping them evaluate opportunities, manage risk, and create value through acquisitions, divestitures, and strategic capital decisions. His experience spans actuarial and financial due diligence, transaction support, capital management, valuation, and regulatory advisory.

His recent work includes leading actuarial and financial due diligence for buy-side and sell-side transactions, developing actuarial appraisals for both full-company and block acquisitions, supporting post-acquisition integration through pro forma P-GAAP analyses, and advising multinational insurers on capital management and reinsurance strategies across multiple jurisdictions.

He has also served as Appointed Actuary for insurance companies in the US and Bermuda, led embedded value implementation and review projects, and developed internal capital models under regulatory frameworks including Risk-Based Capital (RBC), Bermuda Solvency Capital Requirement (BSCR), and Best's Capital Adequacy Ratio (BCAR).

Esteban is a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries.