Mangini Actuarial
Mangini Actuarial and Risk Advisory LLC offers principles-based reserves, audit support, reinsurance, expert witness services, ERM/governance, and boutique client services.
About
Mangini Actuarial and Risk Advisory LLC, led by Leonard Mangini, provides comprehensive actuarial and risk advisory services including principles-based reserves, audit support, reinsurance, expert witness services, ERM/governance, and boutique client services. With over 30 years of experience, the firm serves direct insurers, reinsurers, FinTech startups, hedge funds, private equity, accounting firms, law firms, and investment banks.
Leonard Mangini, a Fellow of the Society of Actuaries (FSA) and Member of the American Academy of Actuaries (MAAA), chairs the Academy of Actuaries' Life Reserve Work Group and has extensive experience in PBR reserving, reinsurance pricing, valuation actuarial work, and risk management across multiple jurisdictions.
Services
Principles-Based Reserves (PBR) Services
Peer review of VM-31 PBR Actuarial Report, assumption and margin setting, strategy consultation, valuation model design, governance review, and PBR-efficient product design.
Audit and Appointed Actuary Support Services
Comfort reviews of actuarial balances, life, health, and annuity reserve validation, external appointed actuary services.
Reinsurance Services
Traditional preferred risk underwriting, accelerated underwriting for PBR compliance, assumptions for non-traditional products, modeling and testing, governance and ERM.
Expert Witness and Legal Support Services
Longevity calculations for civil torts, underwriting classification disputes, non-forfeiture and valuation law compliance disputes, COI and non-guaranteed element disputes, par governance disputes.
ERM and Governance Services
Education and training on governance requirements, risk appetite and budget allocation, magnitude-based incidence and severity matrices, risk avoidance through product design, risk mitigation through reinsurance and hedging, risk measurement model integration, and analysis of pandemic, catastrophe, and operational risks.
