David Manheim is a Ph.D. candidate in policy analysis at the Pardee RAND Graduate School and an assistant policy analyst at RAND. Manheim has worked with modeling risk in both insurance and equity derivatives. He has specialized in extreme tail risk and managing large datasets. He has developed and explained complex mathematical models and automated and redesigned business processes. Manheim has worked extensively with the development and validation of terrorism risk models in insurance. Before joining RAND, he assisted or led the testing of new versions of Risk Management Solutions terrorism models, development of training for models, and consulting projects on insurance exposure accumulations and probabilistic loss modeling. His academic background is in abstract mathematics and financial modeling.