Assumption Setting, Risk Classification, Models, and Governance for Traditional, Accelerated and FinTech Distribution/Underwriting
Mangini Actuarial and Risk Advisory LLC
Traditional Preferred Risk Underwriting
Accelerated Underwriting: PBR Compliance, Risk Selection and Mortality, Persistency, Longevity
Assumptions for Non-Traditional Insurance/Financial Products with Underlying Actuarial Risk Drivers
Modeling and Testing
Governance and ERM
Relevant Experience and Qualifications:
- Fellow, by Examination, of the American Academy of Life Underwriters (FALU)
- VP, Life & Health Reinsurance Pricing for P&C, Health, and Life special-risks reinsurer
- VP, Dept Head- Life & Health Reinsurance Pricing- Annuity, Life, Health reinsurer
- Head, Reinsurance Purchasing for Industry Leading US-Term and UL direct insurer
- SVP & Deputy Global Chief Actuary- Multi-line insurer operating in US, Canada, Asia
- Member, Global Product Risk Oversight Committees for two Global Direct Insurers
- Member, Global Asset Liability Management Committee for a Global Direct Insurer
Track Record of Success and Client Engagements:
- Co-Founded US Life and Health Reinsurer- developing underwriting and pricing processes and manuals, and Enterprise Risk Management processes and controls
- Supervised Assumption Setting and Unlocking for 100+ Products Issued Under Multiple Distribution Systems within the US, Canada, and Asia
- Oversaw Assumption Setting for Products in US, Latin America, Middle East, and Asia
- Assisted client Global Service Firm's "FinTech Incubator" Accelerated Underwriting
- Assisted client Start-Up FinTech Firm with Mortality, Morbidity, Longevity Risk Models
- Assisted client Reinsurer with "Shadow Peer Review" of Assumptions and Modeling