Occupation:Financial Manager, Branch or Department |
Location:Lake Zurich, IL |
Education Level:Master |
Will Relocate:YES |
Description
Professional Summary Innovative business leader with extensive experience delivering results across a diverse range of areas including P & C insurance, reinsurance, finance, accounting, and residual market shared service operations. Proven ability to drive organizations through substantial change while bringing about desired financial results. Recognized for ability to excel at managing operations and implementing solutions that deliver a bottom line impact aligned with business objectives. Established new Branch Accounting operation. Developed infrastructure Provided operational, financial and reinsurance related leadership and consulting services for U.S. and Canadian operations. Governed reporting, reinsurance recoveries, cash flow maximization. Maintained excellent external industry/customer relationships. * Operationalized largest U.S. P & C catastrophe reinsurance program. Launched reinsurance operations cross discipline team. Built infrastructure, maximized cash flow, including over $2 billion in reinsurance recoveries. Achieved excellent reinsurance audit results. * Co-developed several property exposure management initiatives in Florida, including required commutations, catastrophe loss reporting and auditing protocol. * Strengthened various government reinsurance programs - CEA, TRIA, WYOF, MCCA, State Guarantee Funds - resulting in operational and cash flow improvements through cross functional teams and processes * Prevailed in several successful multi-million dollar arbitrations, collections and complex reinsurance negotiations. Consistently achieved $1 million + in annual realized financial benefits from audits, process improvements, dormant collections. * Led several successful ceded reinsurance system implementations and conversions across multiple business functions, resulting in improved data, cash flow and reporting. * Integrated the CNA Personal Lines Book of business as part of post-sale mergers and acquisitions accountabilities. new operating environment and international accounting processes. Led procedural organizational changes international reporting requirement process systems and culture shift. Met all reporting timeframes and requirements managed major organizational culture change. Ildiko Maintained high levels of productivity customer service and employee morale. Minimized impact on external clients. Maximized cash flow through timely collections and issue resolution. * Maintained experienced staff levels met or exceeded all department goals no turnover during purchase/transition.
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