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Michigan National Corporation Work Values
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Daily Duties at Michigan National Corporation:
Responsible for the risk management, insurance marketing and environmental liability areas of the corporation. Reported annually to the board of directors the status of various insurance programs and general insurance market condition. Reduced overall insurance expenses by 60% over a five (5) year period. Represented the corporation by appointment to the board of directors and served on the executive committee of Bankers Insurance Company, Ltd., a Bermuda based group captive insurance company providing professional liability coverage to member banks. Created and implemented an “Insurance Manual” used by the operating business units that provided details on exposure and claim reporting requirements for various insurance programs in force to protect corporate assets. Served as president of the credit life reinsurance subsidiary and managed the income producing insurance activities for the bank increasing revenues by 25% annually. Developed and staffed an “Environment Specialist” position to mitigate the corporation’s exposure to environmental losses by training loan and trust officers; coordinated the reimbursement of remediation expenses form various governmental agencies.
What they like about Michigan National Corporation:
Organizations with strong, centralized leadership are particularly attractive to you. You require a work environment with leadership that aggressively seeks to expand and grow the business and does so in a visible and decisive manner. In general you prefer to work in an environment in which there is a strong link between leadership, its actions, and a strong set of company-wide values.
Tags
Chief Risk Officer, Financial Services, Banking, Insurance Company, Captive Insurance Company, Large Deductible Programs, Professional Liability, RFP Response, Certificate of Insurance, Total Cost of Risk, Risk Manager, Vendor Contracts, Establish and Maintain Internal Controls, M/A Analysis, Team Leadership, Risk Management, Insurance Program Marketing and Placement, Department Budget Management, Insurance Cost Allocation
Information about Michigan National Corporation
Company Rank: 4.0 out of 5
Average length of employment : 5 years
Average salary of employees: $120,000
These are some of the questions we asked our climbers about their experiences with Michigan National Corporation:
05| | ||
Were your performance expectations clearly communicated? | 4.0 |
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Were you recognized for meeting or exceeding expectations? | 4.0 |
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Did you feel like your personal contribution was important? | 5.0 |
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Was your career path clearly outlined and discussed? | 5.0 |
03| | ||
I would recommend this as a place of employment. | 3.0 | |
I believe in the purpose of this organization. | 3.0 | |
I would work for this organization again. | 3.0 | |
I feel employees are fairly compensated. | 3.0 |
