Lexington Insurance Company Work Values

Daily Duties at Lexington Insurance Company:

Divisional executive responsible for all underwriting, marketing, systems and results for the division that represented $220 million (1997 $) in gross written premium for the firm. Division include a dedicated staff of 20 with offices in London, Miami, Los Angeles, Boston, and San Francisco. Over a period of ten years was promoted withing the firm holding more responsible positions served as AVP and product manager for general property as well as AVP and Division head of the energy group.

What they like about Lexington Insurance Company:

Working in an organization that is technologically advanced, creative, and innovative is critical in your assessment of hiring companies. Less important to you are stability of the organization, the length of time an organization has been in business, and the business' plans for the future. You prefer a fast-moving company that will take risks to achieve its goals and objectives. The length of time the company has been in business is irrelevant. Maintaining status quo is unnecessary. You thrive on change, uncertainty and the upside of potential business risks, especially those associated with innovation. Stability for the long haul is not nearly as important as is working in an atmosphere that is charged with a sense of urgency and constant change.

Tags

RMIS, TCOR, ERM, CPCU, ARM, CRM, Compliance, CMBS, CDO, Mortgage, Bonds, Lending, Corporate, Risk, PML, Underwriting, Reinsurance, Consultant, Intermediary, Commercial Insurance, Foreclosed Property, Leader, Executive, President, Expert, Catastrophic, Loss, Management, Analysis, Manager, Insurance, Commercial, Real, Estate, Property, Casualty, Liability, Auto, Fire, Claims, Operations, Special, Master, Primary, Fannie, Freddie, Ginnie, Mae, Treaty, Facultative, Producer, Agent, Lender, Placed, Workers, Compensation, Marine, Inland, Company, Systems, Conceived, Created, Developed, Implemented, Homeowners, Umbrella, Excess, Layered, ART, Alternative, Transfer, SIR, Self, Insured, Retention, Blended, Structured, Banking, ISO31000, COSO, BASALII, EU, Lloyds, London, NY, MA, RI, CT, Hartford, Boston, Worcester, Providence, Travel, Life, Annuity, Term, Security, DOT, REMIC, B.S., M.S., MBA, International, Domestic, Speaker, Underwriter, AIG, Lexington, RLI, CWCapital, CWCAM, Broker, Major, Captain, SECRET, Clearance, Monoline, Package, Radar, AVP, SVP, EVP, VP, Earthquake, Flood, Hurricane, Marketing, Sales, Boiler, Staff, Premium, Research, Borrower, Servicer, National, Regional, Focused, Insighful, Enterprise, Chartered, FHA, Fitch, A.M.Best's, Vision, "C", Suite, BOD, Board, Directors, Director, Member, Skill, Diverse, Diversified, Revenue, due, Benchmarking, Review, Training, Trained, Submission, Application, Recommend, Techniques, Terrorism, Pollution, PLL, MIP, Impairment, NBCR, Nuclear, Biological, Chemical, Energy, Radiological, Statistics, @Risk, Deterministic, Probablistic, NFIP, Construction, Builders, Retrocessional, Retrocession, FAC, Multifamily, Hospitality, Lodging, Office, Retail, Transportation, Education, Apartment, Utility, Gas, Power, First, Audit, Military, NCO, Diligence, Bench, Mark, Allied, Lines, Air, Force, Basal, II, III, BasalIII, DodFrank, Dodd-Frank, MandA, Title, Nonbank, Banker, Nonadmitted, Admitted, Surplus, ISO, NAIC, SLIMPACT, NRRA, ECP, Exempt, Purchaser, Mergers, Acquisitions, Deed, NIMA, Eligibility, USA

Skills

Experienced in Business Development, Experienced in Strategic Planning, Organizational Process Design, Reporting, Balance Sheet Responsibility, Microsoft Office , Bookkeeping, Presentation Skills, Business Writing Skills, Design Organizational Process, Business Analysis, P&L responsibilities, Ecommerce Strategy and digital marketing channels optimization - SEO, SEM, email, affiliates - for high-profile accounts., Software Implementation, Requirements Analysis & Specification, Leadership , Risk Identification, Quantification of Risk, Probablistic Analysis, Deterministic Analysis, Proposing Alternatives to Risk Retention, Proposing Alternatives to Risk Transfer, Contract Indemnity Provisions, Creating high level design specificatiions for structured systems design and implementation, Commercial Real Estate insurance coverage analysis and design, Interpretation of commercial property insurance contracts, Interpretation of commercial liability insurance contracts, Claims advocacy for commercial clients, Mergers and Acquisitions analysis of predecessor liabilities and mechanisms for risk retention or risk transfer, Evaluation and assessment of insurance compliance for large loan portfolios prior to assumption, Review of lender commercial insurance requirements prior to loan closing, Designing and implementing master REO insurance programs for foreclosed or reposessed commercial real estate, Evaluating and recommending alternatives to adapt hold harmless provisions contained in commercial leases loans and associated contracts, PML meaning Probable Maximum Loss analysis of commercial real estate exposed to catastrophic loss events to include Terrorist Attack or Flood Loss or Earthquake Loss or Hurricane Losses, Developing risk management strategies for Alternative Risk Transfer socalled ART or Blended risk transfer programs that incorporate both risk transfer and retention in the same facility, Building teams of risk managers to manage and administer a corporations complex risks, Designing Captive Insurance Company claims department and systems, Assessment of commercial lender loan portfolios to determine expected losses due to catastrophic loss using limited information, Developing TCOR Total Cost of Risk for large complex organizations that operate multiple Strategic Business Units SBUs both domestically and internationally, Underwriting commercial property and casualty insurance with an emphasis on financial institutions professional liability crime and real estate portfolios, Developing and implementing Enterprise Risk Management so called ERM programs which break down SBU silos and present to management both the qualitative and quantitative exposure to the enterprise, Presenting very technical insurance and risk management topics to the BOD and C suite, Conversion of backroom overhead operations into profit centers by monitizing activities previously outsourced , Identifying new products and business opportunities related to risk management and insurance operations resulting in reduced expense or even net profits to the firm, Commercial Mortgage Backed Securities CMBS insurance requirements depositor obligations to include specifics of representations and warranties, GSE Government Sponsored Enterprises commercial multifamily programatic insurance requirements applications waivers and so called casualty claims reporting and administration, Adept at performing lender compliance with Fidelity Bond as well as Errors and Omissions coverage requrirments, Demonstrated ability in building teams that perform insurance compliance and related operations, Fannie Mae Freddie Mac and Ginnie Mae programatic multifamily loan insurance requirements on an individual and portfolio basis

These are some of the questions we asked our climbers about their experiences with Lexington Insurance Company: