Michael Mancuso, FCAS, MAAA has a diverse work experience in the actuarial field. Michael started their career in 2007 at PierCon Solutions LLC, where they worked as an Associate Radio Frequency Engineer and Radio Frequency Engineering Intern. In 2009, they joined Consulting Actuaries, Inc. as an Actuarial Analyst, providing support for pension plan administrators and performing valuations and projections for various pension plans. In 2010, they joined Equinox Management Group, Inc. as an Actuarial Analyst. Finally, in 2013, they joined AEGIS Insurance Services, Inc. and held various positions, including Actuarial Analyst, Associate Actuary, Senior Actuary in Reserving and Financial Reporting, and currently serves as Vice President, Actuarial.
Michael Mancuso, FCAS, MAAA, obtained their Bachelor of Science degree in Applied Mathematics from Montclair State University from 2007 to 2009. Michael furthered their professional development by obtaining the certifications of Fellow of the Casualty Actuarial Society (FCAS) in May 2019, and Member of the American Academy of Actuaries (MAAA) in January 2017.
AEGIS Insurance Services, Inc.
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AEGIS is a leading mutual insurance company that provides liability and property coverage, as well as related risk management services, to the energy industry. Our policyholders represent virtually the entire energy infrastructure in North America, including electric and natural gas utilities, related energy companies, oil & gas exploration and production companies, water utilities, and transmission & distribution companies. Our energy expertise, combined with a collaborative and fair approach to claims management and specialized loss control services, has set AEGIS apart from commercial insurance companies since the company was founded by its policyholder-members in 1975. AEGIS has continued to provide stable capacity and collaborative claims paying for more than 40 years – despite events such as the Superfund in the 1980s, the meltdown of Enron, the 9/11 terrorist attacks, Hurricane Katrina and Superstorm Sandy. AEGIS tailors many types of liability and property coverage to match the individual needs of our policyholders and we offer primary coverages through an alliance with Everest National as well as side-A directors and officers liability coverage through an alliance with Sompo. Our main office is in East Rutherford, New Jersey where we employ a professional staff of more than 200. AEGIS is the parent company of AEGIS London, which operates Syndicate 1225 at Lloyd's of London. The syndicate offers specialist knowledge, expertise and leadership for energy companies as well as a wide range of non-energy classes traditionally written in the Lloyd's market. AEGIS also has licensed operations throughout Canada. The company’s premium revenues are $2.1 billion and total assets are more than $8.6 billion. Additional details of our financial performance can be found in our recent annual report. AEGIS enjoys an A.M. Best rating of A (Excellent) with a stable outlook.