Pacer International, Inc., Work Values

Daily Duties at Pacer International, Inc., :

Formed the Risk Management Dept. and trained staff to support all needs of a publicly traded international company, generating $2.2 billion of revenue at year end 2008. Instituted complete self-management of liability & cargo claims, and litigation, and obtained approval from all major insurers. Managed litigated claims from 2000 to 2004. Key Accomplishments: • Participated in due diligence review for 10 acquisitions reflecting nearly $1.6 billion of revenue and improved insurance and cost of risk for the acquired companies by 35% to 80%. • Instituted risk measurement metrics driving corporate safety initiatives, improving frequency from key accident causes and improving overall severity by 45%. • Handle negotiation of insured claims totaling $40 million to date. • Procure insurance averaging $6 million annual cost with insured claim payments exceeding premium payments on liability lines by 126%. • Cost of Risk has measured approximately 35% less than comparable industry benchmarks. • Engaged and pursued a legal strategy transferring $7 million of a $10 million claim to other parties, saving over a million dollars in future insurance cost. • Developed a risk scorecard to measure and reduce risk of using third party carriers. • Implemented contractual risk transfer language avoiding liability incurred by competitors. • Trained staff to handle and coordinate all corporate needs across 20 operating units within 10 business units.

What they like about Pacer International, Inc., :

The social vibrance of a hiring firm is very important to you. Your ability to make and maintain friendships there is a critical part of your decision. You would likely be dissatisfied with a workplace that is quiet, cold, or otherwise not particularly social. When you investigate a new hiring company, ask recruiters, managers, and potential co-workers about the social life and opportunities there. This is especially important when you are relocating; moving dramatically alters your social sphere both inside and outside the workplace.

Tags

Insurance , Risk Management, Property & Casualty, Alternative Risk, Transportation , Captives, Major Accounts, Client Services, Alternative Risk Services, Securitization, Credit Enhancement, Directrors, Claims and Litigation Management, Marketing and Insurance Procurement, Reinsurance, Independent Contractor Issues, Contracts, Contractual Risk Transfer, Risk Control, Risk Metrics

Skills

Software Implementation, Insurance, Reinsurance, Alternative Risk Financing, Captive Management, Directors and Officers Liability, Professional Liability, Surety, Securitization, Credit Enhancement, Customized and New Solutions, Fiduciary, Fidelity, Program Business, Life, Health and Accident, Claims and Litigation Management, Marketing and Insurance Procurement, Independent Contractor Issues, Contracts, Contractual Risk Transfer, Risk Control, Risk Management Operations

These are some of the questions we asked our climbers about their experiences with Pacer International, Inc., :