CAREER SUMMARY
Experienced, professional in corporate risk management and insurance operations. Proven strengths in the analysis and effective treatment of organizational risk within multiple industries.
Expertise in communicating risk management systems, design of cost effective risk financing programs, contract review, negotiating all insurance coverages and managing broker, carrier and vendor relationships.
Successfully developed a team approach to risk identification, loss control and claim management projects leading to total cost of risk reductions.
CORE COMPETENCIES
Property-Casualty Global Programs
Safety and Loss Control
Claim and Litigation Management
Alternative Risk Financing
Contractual Risk Transfer
ERM/Business Continuity Planning
Executive Liability
PROFESSIONAL BACKGROUND
Manager, Risk & Insurance North America
Coordinate North American risk and insurance management activities for global manufacturing and financial services company with current regional revenues of $34 billion and 30,700 employees.
• Established the office of Risk & Insurance North America, providing direct support for global and local property-casualty risk management programs at over a dozen subsidiary companies.
• Developed a risk identification and site audit process, contract review procedures, vendor agreements and loss control and claim management systems which were applied across divisions resulting in improved risk quantification, effective market submissions and cost of risk reductions of over 17%.
• Created an experience based premium allocation system for all group-wide casualty insurance programs. Authored executive risk planning report, including mitigation strategies for uninsurable risks.
• Managed all aspects of designing, communicating and implementing risk management programs for new financial services organization created after asset sale.
• Led corporate wide project to overhaul surety bond procurement arrangements. Indemnity agreements were centralized, carrier pricing structures streamlined and rates reduced an average of 16%.
• Expanded the scope of International Employee Benefits Pooling plans by working directly with carrier partners to propose and install local benefit programs, achieving average dividend payouts of 13%.
• Negotiated a national HPR property loss control service agreement, focusing engineering activities to better respond to local needs and providing resources to support supply chain risk management initiative.
• Liaised with General Counsel in organizing corporate compliance standards and framing ERM concepts.
Corporate Risk Manager
Directed corporate wide risk management programs for manufacturing, automotive retail, auto service and entertainment divisions of multi-billion dollar, international transportation services company. Supervised staff of professionals and managed corporate level medical and qualified retirement plans.
• Realized a 32% reduction in total cost of risk by negotiating cost effective global risk financing programs, multi-year broker and TPA contracts, and communicating improved safety/claim management techniques.
• Working with legal, medical and operational personnel, successfully developed a corporate disaster plan and led incident response activities at facilities hosting over 800,000 annual guests.
• Directed risk management M&A due diligence projects, including cutting costs over $750,000 in automotive retail division acquisition by integrating and restructuring risk financing and vendor contracts.
• Initiated a risk management system for 800 unit nationwide retail service center division including conducting management training sessions emphasizing facility risk control responsibilities.
• Implemented a comprehensive OCIP construction risk management program, including Superfund site environmental liability, for large scale construction project.
• Established claim auditing and loss development protocols to accurately measure outstanding liabilities.
Director of Risk Management
Developed and initiated risk management programs for private investment group owning portfolio companies in manufacturing, real estate and banking, with 2,100 employees and revenues of $650 million.
• Established a new corporate risk management department, consolidating multiple insurance and broker programs, broadening coverages and initiating an executive liability insurance program.
• Implemented a cash flow financing program lowering fixed costs 25% with discounts of $575,000.
• Worked with plant management to launch an employee safety program, strengthening ergonomic controls and medical management techniques. Changes helped lower workers compensation experience modifier by 15 points.
• Favorably concluded a $3.5M multi-location property loss adjustment involving both property damage and business interruption claims.
• Authored risk management manual standardizing protocols and reporting statistics. Established a systematic review of claim reserves and accounting methods for outstanding liabilities.
Risk Management Supervisor
Responsible for design and administration of risk financing, loss control and claims management programs for international manufacturer and entertainment company employing over 5,000 with revenues of $800M.
• Negotiated all global property-casualty coverages, formulated incentive based risk financing system, streamlined broker network and managed national self-insured workers compensation program.
• Championed revised standards for corporate loss control program, auditing over 30 domestic and international locations annually. Program was instrumental in reducing WC claim frequency rates for three straight years and strengthening HPR underwriting status.
• Coordinated builders risk placement and property loss control standards for construction of entertainment venue.
PRIOR EXPERIENCE
Senior Commercial Underwriter
Working for major property-casualty carriers, was responsible for risk analysis, pricing and account management for all lines of insurance. Helped open new underwriting office, assisting with marketing plan and supervising underwriting support staff. Successfully rewrote large account portfolio, aiding efforts to lower branch expense ratio 24 points.
EDUCATION
MBA, Management
BA, Business Administration
PROFESSIONAL CERTIFICATIONS
Chartered Property Casualty Underwriter (CPCU)
Associate in Risk Management (ARM)
Associate in Loss Control Management (ALCM)
Associate in Claims (AIC)
PROFESSIONAL AFFILIATIONS
Risk and Insurance Management Society, Past Chapter President
American Society of Safety Engineers |
