Leslie H Richmond FCA MAAA ASA EA MSPA

Vice President and Actuary, Build America Mutual

Contact Information

Build America Mutual
200 Liberty Street, 27th Floor
New York, NY 10281
US
Phone
2122352557
Email
lrichmond@buildamerica.com
Les Richmond's role in Build America Mutual’s credit underwriting group is to evaluate the pension and other postemployment benefit plans and liabilities of the more than 2,000 cities, counties, school districts, and other municipal entities BAM guarantees. Prior to joining BAM, he was with Hay Group, where he was a Senior Principal. His experience includes project leadership of a four-year engagement to conduct an actuarial audit of the five New York City Retirement Systems. He also conducted special pension studies for the New York City Office of the Comptroller. Prior to that, he was a Senior Vice President of Aon Consulting, which he joined in 1986, with responsibility for providing actuarial consulting on pensions, executive benefits, and postretirement health and life insurance benefits. In addition to his work at BAM, Les currently serves as a member of the Advisory Committee of the National League of Cities’ Public Sector Retirement Initiative. The goals of this new initiative are to develop research on trends, challenges and solutions to local government retirement and healthcare, and to engage and educate city leaders on strategies to achieving greater fiscal sustainability in these areas. He is an Associate of the Society of Actuaries and an Enrolled Actuary. He is also a member of the American Academy of Actuaries, Fellow of the Conference of Consulting Actuaries and a member of the American Society of Pension Professionals and Actuaries. He holds a B.A. in Mathematics from Rutgers College. Les is a member of the National Federation of Municipal Analysts and the Municipal Analysts Group of New York.

Connections:

CCA Member Since 2007

Government DB/DC Retiree Medical FAS106

Retiree Benefits

Effect of Public Retirement Plans on Credit Rating 2018 CCA Annual Meeting (October 22, 2018)

Implementing GASB 67 and 68 – and now GASB 74 and 75: Are the Stakeholders Ready? 2016 CCA Annual Meeting (October 24, 2016)

Disclaimer

The Conference of Consulting Actuaries (CCA) serves only as a clearinghouse for providing a list of its members and their specific areas of practice. The information appearing with each members name regarding their practice areas was furnished by the member and has not been independently verified in any way by the CCA. Neither the CCA nor its officers, members, or staff make any warranties or representations as to the professional competency of these individuals. Each person who is considering the use of the services of an actuary listed is advised to make an independent judgment regarding their choice of persons whose services they wish to utilize.