Mangini Actuarial and Risk Advisory LLC

​​​Mobile:          1 (516) 418-2549
Fax:                1 (631) 582-8039
E-mail:           leonardmangini@gmail.com
LinkedIn:      https://www.linkedin.com/in/leonardmangini
Twitter:         https://twitter.com/leonardmangini
Address:       Mangini Actuarial And Risk Advisory LLC
                       245 Southlawn Avenue
                       Central Islip, NY 11722

​​​​​​​​​Principles Based Reserves (PBR) Services


Peer Review of VM-31: PBR Actuarial Report

Implementation Planning and Execution

​Experience Studies and Credibility Analyses

Review and Optimization of Assumptions and Margins

Valuation Manual Interpretations

Product Design and Strategy

Modeling: Reviews and Run-Time Strategies

Board Advisory and Communications Assistance


Mr. Mangini is a regulatory expert who Chairs the Academy of Actuary's Life Reserve Work Group (LRWG) which works directly with regulators to develop and improve PBR reserving for Life Insurance Products.


Leonard has Peer Reviewed VM-31 PBR Actuarial Reports for insurers early-adopting PBR. 


Previously, as Deputy Global Chief Actuary and head of valuation risk for a multi-line insurer already subject to Principle-Based valuation, Leonard supervised Principle-Based Assumption/Margin setting for more than 100 products in 19 business units across the US, Canada and Asia, explained Principle-Based earnings to stakeholders, supervised Principle-Based valuation assumption and model governance in an ORSA environment.

In addition, he has served as a US Chief and Appointed Actuary, Chief Pricing Officer and Chief Life Risk Officer with more than 10 years of reinsurance experience reviewing, pricing and valuing client's mortality, morbidity, lapse and policy-holder behavior- allowing him to help you with: experience study reviews, assumption and margin setting, PBR documentation