Leonardo Diamante
Winnipeg,MB
Summary
Actuarial Professional with over 10 years of solid experience leading product pricing who has done the shifts on the GLM tariff in the Auto Portfolio with roughly 100 thousand items increasing portfolio profit around 3pts on a policy year basis. Reserving Actuary who has extensive experience in reviewing and evaluating the Insurance Company Losses and Premium reserves through the deep knowledge on the claims and underwriting process and business decisions that impact on them. Risk Manager with 3 years’ experience that led the project to implement and design the Enterprise Risk Management program engaging compliance, internal control, internal audit, and actuarial functions. Skilled Mentor who has experience and a strong track record of shifting and coaching actuaries’ teams who are focused on common goals and business objectives.
Overview
10
10
years of professional experience
1
1
Certification
Work History
Assistant Director
Liberty Mutual Insurance
01.2022 - 10.2023
- Individual contributor responsible for providing insightful and tailored guidance on pricing, underwriting and capital strategy through timely and robust analyses
- Developing analytics tools with high sophistication level to assess the effectiveness of new pricing models, analyzing their efficient frontier dislocation, opportunities and business insights
- Calibration of Underwriting and Pricing models of Automobile and Homeowner products
- Analysis results and assumptions are discussed with different areas, level of audience and opinions to be challenged and to be in service of the best answer
- Seize these sets of insights to design tailored guidance for state level to support their thrive toward the targets
- Reporting to the Manager.
Assistant Director
Liberty Mutual Insurance
08.2021 - 01.2022
- Leading projects, encouraging discussions around the key drivers, initiatives, and the right timing to grow and/or profit
- Building of economic models and tools with high complexity to deepen the understanding of the most sensitive drivers such as price elasticity, market reaction, distribution channel and macro-economic factors
- Use of the analysis result to guide conversation with different levels of audiences and opinions
- Partnership with cross-functional areas in the Company to support and challenge our recommendations to the business unit
- Development of Efficient Growth (LifeTime Value), and Targets ROE, Loss Cost and Premium calibration, setting specific targets by brand, segments and distribution channel
- Reported to the Director of West Economics.
Consultant
Liberty Mutual Insurance
01.2020 - 07.2021
- Leading projects, encouraging discussions around the key drivers, initiatives, and the right timing to grow and/or profit
- Building of economic models and tools with high complexity to deepen the understanding of the most sensitive drivers such as price elasticity, market reaction, distribution channel and macro-economic factors
- Use of the analysis result to guide conversation with different levels of audiences and opinions
- Partnership with cross-functional areas in the Company to support and challenge our recommendations to the business unit
- Development of Efficient Growth (LifeTime Value), and Targets ROE, Loss Cost and Premium calibration, setting specific targets by brand, segments and distribution channel
- Reported to the Director of West Economics.
Sr. Actuarial Analyst
The Wawanesa Mutual Insurance Company
11.2019 - 01.2020
- Supported the Personal Insurance pricing team with analysis to enhance the price
- I developed an indication for geospatial coordinates to challenge the traditional postal code
- Reported to the Actuarial Manager.
Actuarial Superintendent
Liberty Seguros Brasil
03.2015 - 09.2019
- Managed the actuarial team, whose activities included: development of Best Practices, review of the technical reserving calculation, challenge the methodologies used, seek efficiency on the calculation processes using problem-solving methodology; development and accompaniment of the actuarial indicators; understanding of emergence losses and product decisions; Formulation of Actuarial Technical Notes; Regulatory Capital monitoring, development of Internal Model for Risk Capital under Solvency II principles and responsible for the implantation of Enterprise Risk Management (ERM) based on the regulatory guidelines, including Asset Liability Management, the definition of Risk Appetite, Risk Policy, KRI, identification of Risk Profile and implementation of the Risk Committee
- The area also assumed the Policyholder Assistance rate making which was developed in Emblem
- Reported to the VP Analytics & Actuarial.
Actuarial Manager
Ace Insurance Company
09.2013 - 03.2015
- Managed the actuarial pricing team, whose activities include: GLM tariff model development for rating Automobile and Homeowner products
- Monitoring the level and relativities of the Pure Premium, frequency and severity modeled and actual
- SAS and Emblem were the toolkits used for rate making
- Development and accompaniment of the Actuarial Indicators reports; Development of Products and Actuarial Technical Notes for filling; development of the following studies: Portfolio Risk Profile, Technical Parameters Evaluation, Reinsurance Treaty impact on the portfolio
- Working on the project for the development of the Reinsurance feature of the EBAO system
- Frequent interaction with the head office to report the most relevant issues, and work presentations
- Reported to the Personal Lines Director.
Education
Machine Learning in Python Course -
Data Risk
Statistics Modeling Course -
AON Benfield
IFRS Course -
International Accounting – PriceWaterHouse & Coopers
Specialization in Risk -
BM&F Bovespa Educational Institute
01.2011
Post Graduation in Risk Management and Financial Products -
São Paulo University (FIA/USP)
São Paulo, Brazil01.2007
Bachelor Degree in Actuarial Science -
Federal University of Rio De Janeiro (UFRJ)
Rio de Janeiro, Brazil06.2005
Skills
- Programming
- Product Pricing
- Model Development
- Reporting Skills
SAS / SQL / Snowflake / R / Python / VBA
- Reserving techniques
- Actuarial software proficiency
- Microsoft Office Package
Resq / Igloo / Emblem / Radar
Excel / PowerBI / ThinkCell
Languages
English
Full Professional
Portuguese
Native or Bilingual
Spanish
Full Professional
Certification
- ACIA - 2019
Timeline
Assistant Director
Liberty Mutual Insurance
01.2022 - 10.2023
Assistant Director
Liberty Mutual Insurance
08.2021 - 01.2022
Consultant
Liberty Mutual Insurance
01.2020 - 07.2021
Sr. Actuarial Analyst
The Wawanesa Mutual Insurance Company
11.2019 - 01.2020
Actuarial Superintendent
Liberty Seguros Brasil
03.2015 - 09.2019
Actuarial Manager
Ace Insurance Company
09.2013 - 03.2015
Machine Learning in Python Course -
Data Risk
Statistics Modeling Course -
AON Benfield
IFRS Course -
International Accounting – PriceWaterHouse & Coopers
Specialization in Risk -
BM&F Bovespa Educational Institute
Post Graduation in Risk Management and Financial Products -
São Paulo University (FIA/USP)
Bachelor Degree in Actuarial Science -
Federal University of Rio De Janeiro (UFRJ)
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