Occupation:Insurance Underwriter |
Location:Southlake, TX |
Education Level:Bachelor |
Will Relocate:YES |
Description
Career Highlights * Developed and maintained unique business model, during strain in capital markets, under constant market pressures, resulting in consistent combined ratios of 90 -95%. * Identified need for, recommended, and obtained financing to expand company, resulting in eliminating a layer of cost, equaling 4% of premiums and allowing development of a unique business model. * Identified the need for, and developed, from conception through ongoing implementation, a department responsible for continuous monitoring of financial capabilities of reinsurance companies which allowed entrance into new markets that grew to 40% of the overall business. * Built, from scratch, system to measure and model capitalization requirements meeting aggressive goal of maximizing capital, resulting in consistent 15% ROE. * Hired, trained, coached, and mentored staff many of which were promoted from professional to executive positions and currently comprise the executive management of the organization. * Consulted with NAIC, as key member of trade group, to establish model/legislation, ensuring on-going operation of CPI business.