Vince Bodnar is a Senior Managing Director in the Global Insurance Services practice with almost 40 years of experience in the life and health insurance industries. Vince is recognized as one of the country's leading long-term care insurance experts, having worked with such products since the 1980s. He was recently named one of the “20 Most Creative People in Insurance” by Think Advisor. His long-term care experience includes both stand-alone long-term care products and hybrid products in which long-term care benefits are provided through life insurance and annuity chassis.
Prior to joining FTI Consulting, Vince was Chief Actuary of Bain Capital Insurance, where he sourced and screened private equity investment opportunities in the insurance sector and developed post-acquisition value creation plans. Before joining Bain Capital, Vince was a Partner and Long-Term Care Practice Leader with Oliver Wyman. Preceding Oliver Wyman, Vince was the Senior Vice President of Product Management at Genworth. Throughout his career, he has been a highly visible actuarial consultant focused on solutions for in-force blocks of long-term care insurance policies and new product innovation.
Vince is an extremely active contributor to the long-term care industry. He has thrice chaired the Intercompany Long-Term Care Insurance Conference and twice chaired the Society of Actuaries Long-Term Care Insurance Section and its Long-Term Care Think Tank. Vince is the founding Chairperson of the Society of Actuaries ElderTech Summit, which is dedicated to introducing the long-term care insurance industry to innovative services that enable and prolong healthy aging.
Vince has led product design and pricing projects, distribution strategy, in-force management, experience analysis, strategic planning, M&A, financial analysis and projections, reinsurance, reserve valuations, operational reviews and company rehabilitations and liquidations. He is a trusted advisor of industry management, regulators and public policy leaders. Vince has been engaged several times as an actuarial expert witness.
Vince is a sought-after and frequent speaker at industry and regulatory meetings and his work has been published several times. He is a co-author of the Society of Actuaries 2000-2011 Long-term Care Intercompany Experience Study. He is an Associate of the Society of Actuaries and a Member of the American Academy of Actuaries.