Elaine Lehnert is a Managing Director at Ankura with more than 25 years of experience in forensic accounting, internal controls evaluation, and technical accounting and auditing matters. She has performed a great deal of work in the insurance and reinsurance industries.
Prior to joining Ankura in November 2016, Elaine was a Managing Director in the forensic and litigation services practice at FTI Consulting, and a managing director at Veris Consulting. Elaine led numerous consulting engagements involving a variety of internal controls, accounting, and auditing matters. Elaine directed major engagements involving litigation and expert testimony, forensic accounting, fraud investigations, reinsurance disputes, and assistance to the Public Company Accounting Oversight Board, and provided expert testimony on several occasions. In addition, she provided internal audit outsourcing and Sarbanes-Oxley Section 404 compliance services.
Prior to FTI and Veris, Elaine was with the American Institute of Certified Public Accountants as a technical manager, with responsibility for assisting and managing the activities of the Insurance Companies Committee and its task forces, Relations with Actuaries Committee, and various Accounting Standards Executive Committee task forces.
In addition, Elaine was responsible for making quarterly presentations regarding AICPA activities to the National Association of Insurance Commissioners, working directly with the insurance regulatory process, evaluating and commenting on regulatory proposals, serving as primary staff liaison with various state insurance regulators, and acting as AICPA primary staff liaison on technical matters related to insurance accounting with staff of the Securities and Exchange Commission and the Financial Accounting Standards Board.
Before joining the AICPA, Elaine was a manager at KPMG, where she was responsible for a broad range of accounting, auditing, and statement preparation and reporting functions, and provided insurance industry training to staff, consultants, and management.
Board Member, Society of Insurance Financial Management
Fair Haven Parent Teacher Association, Treasurer, 2009-2011
Fair Haven Board of Education, 2011-2015