Richard Lassow, FSA, MAAA
Licensed Realtor at Bean Group- Claim this Profile
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Bio
Experience
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Bean Group
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United States
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Real Estate
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400 - 500 Employee
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Licensed Realtor
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Apr 2020 - Present
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Self-employed
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Greater Boston Area
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Consultant
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Nov 2018 - Present
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Pinnacle Group
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Portsmouth, New Hampshire
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Executive Actuarial Recruiter
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Mar 2018 - Oct 2018
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self employed
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Hampton, NH
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Independent Consultant
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Oct 2017 - Mar 2018
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Sun Life
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Financial Services
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700 & Above Employee
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AVP, reinsurance and experience studies
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2015 - Sep 2017
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Mass Mutual
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Enfield, CT
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Vice President and Actuary
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2013 - 2014
COLI / BOLI / EGUL Product Management / Product development for a $17B block of business. Supported successful sales effort of $1B new business and generated $175M of profit in 2013. COLI / BOLI / EGUL Product Management / Product development for a $17B block of business. Supported successful sales effort of $1B new business and generated $175M of profit in 2013.
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ING
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Malvern, PA.
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Head of Reinsurance and Product Risk Management
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2011 - 2012
Led reinsurance efforts of traditional life and employee benefit divisions. Peer review new products prior to introduction in an effort to identify, measure and mitigate pricing risk. Led reinsurance efforts of traditional life and employee benefit divisions. Peer review new products prior to introduction in an effort to identify, measure and mitigate pricing risk.
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Consultant - Investors Insurance Corp (a subsidiary of SCOR)
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2009 - 2011
Responsible for diversifying product offerings and expanding distribution and managing a $1.3 Billion block of Equity Index Annuities and MYGA fixed annuity business. Included managing the static hedging program. Supported SCOR efforts to divest the company in 2011 which resulted in a successful sale of the company to Athene Life Re. Responsible for diversifying product offerings and expanding distribution and managing a $1.3 Billion block of Equity Index Annuities and MYGA fixed annuity business. Included managing the static hedging program. Supported SCOR efforts to divest the company in 2011 which resulted in a successful sale of the company to Athene Life Re.
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Senior Vice President
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2007 - 2009
Responsible for acquiring profitable new business. Managed pricing actuaries, underwriters, marketing and treaty negotiation. Also, since we were a new start up organization, I was the acting CFO and worked closely with the appointed actuary. Exceeded sales and profit goals of 30 million in sales and 3 million in GAAP profit in the 2nd year of operation. Became CEO when parent company decided to divest themselves of the life reinsurance business and the current CEO left. I managed the sale of the company to potential buyers, kept the team together, did presentations to regulators and interested parties. Resulted in the successful sale of company to SCOR. Show less
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Liberty Mutual Insurance
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United States
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Insurance
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700 & Above Employee
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Vice President and Actuary
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1994 - 2007
Led product deveopent efforts which involved idea generation, design, pricing, filing and implementation. This included products for 3 different distribution channels (Multiline Exclusive Agents, Financial Planners and Bank distributors). Managed the Structured Settlement program from an actuarial perspective. Product management of inforce business. Managed COLI program and I persuaded Liberty to enter the BOLI Market. Managed a staff of between 8 and 12 people. Results included growing Structured Settlements 10 fold, BOLI sales in excess of 500M and double digit growth in all other product lines. GAAP profits had a CAGR in excess of 10%. Show less
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Education
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The University of Connecticut
BA, Math