Customized ERM Solutions:

Mr. Mangini's has measured and managed risks for a full array of life, annuity, health and financial products sold through multiple distribution channels in the US, Canada, and Asia so has the experience to understand the risk factors driving your business. Having operated in an ORSA environment under IFRS, principle-based, US GAAP, Statutory and Tax reporting regimes Leonard understands the accounting impacts arising from hedging pure economic risks and the economic impacts of hedging accounting optics. Having served as a CRO for a start-up insurer/reinsurer he's been "in the trenches" and understands the practical aspects of implementing a "good enough" full-ERM cycle with limited resources and staffing. With a Masters in Quantitive Finance and certified-FRM and PRM exam-based risk management designations, has the technical acumen to asses and model your underlying risk drivers.

With this background Mr. Mangini can assist you with:

  • Education and Training on governance and control requirements in a Principle-Based Environment
  • Identifying the firm's Risk Appetite and establishing Risk Budget allocations
  • Review and development of Magnitude-Based Incidence and Severity Matrices- Pre and Post Mitigation
  • Evaluation and recommendations for Risk Avoidance through Product Design
  • Evaluation and recommendations for Risk Mitigation through Reinsurance and Hedging
  • Evaluation of Risk Measurement models and integration with Pricing and Valuation Models
  • Analysis of Pandemic, Catastrophe, and Operational Risks
  • Review and Development of Risk Dashboards for Key Stakeholders​

To set up a free consultation about your ERM program please click the Company Logo:

phone:      (516) 418-2549
fax:           (631) 582-1702
address:   245 Southlawn Avenue
                 Central Islip, NY, 11722

Risk Management Needs

  • Are you the CEO, CRO, or Chief Actuary of a company large enough to be subject to ORSA requirements, yet small enough to have limited in-house actuarial and risk management resources? 

  • Is your company small enough to be exempt from ORSA, but still interested in the benefits of applying appropriately-scaled ERM concepts to your business to optimize resources and enhance return on capital?

  • Have you read the new proposed Actuarial Standards (ASOP) on Models and wondered how you'll have the time to document processes and implement enhanced assumption and model governance, while also dealing with PBR?

  • Are you concerned about how the "freedom" to set Principle-Based assumptions and margins and the Governance and Controls required by the new Valuation Manual intersect with your ERM program?