Vijay Manghnani

SVP, Risk & Analytics, PIMCO ILS Fund, Chief Risk Officer/Chief Actuarial Officer at Newport Re

Dr. Manghnani is a senior risk and analytics executive at the PIMCO with a focus on the Insurance Linked Security asset class. He is also the Chief Actuary and Chief Risk Officer at Newport Re. Most recently, he was the Head of Catastrophe Risk Management and Analytics COE at AIG. In this role, he was responsible for implementing state of the art science and analytics into AIG’s Property underwriting and catastrophe risk management strategy. Prior to that,Dr. Manghnani was at ACE USA, where he managed a portfolio of innovative weather/catastrophe insurance products and was responsible for catastrophe risk management for various Property and specialty businesses. Previously, Dr. Manghnani held the position of Climatologist and Trader at Weather Predict (a Renaissance Re subsidiary) and at Aquila Inc., where he was involved in weather derivatives trading and portfolio management. Vijay has been an Adjunct Professor of Civil Engineering at Clemson University. He holds a Ph.D. in Meteorology from North Carolina State University. He is a member of the American Meteorological Society and a Fellow of the Casualty Actuarial Society (FCAS). He has also served as the Chair of the North American Actuaries Climate Change Committee which is charged with quantifying the risk of climate change for the insurance industry.