San Diego, California, United States
Insurance brokerage servicing home, auto, commercial lines, life, accident and health insurance needs in California for over 30 years.
Manage a global Pricing Risk Management initiative to develop technical pricing capabilities across all product lines for Liberty's specialty business. Lead senior management, underwriters, and actuaries across 5 geographies (US, Canada, Latam, Asia-Pacific, and UK) and 3 product groups (P&C, Surety, Reinsurance) in change management initiative for $5bn premium organization. Lead Drone / UAV capabilities for Liberty's Global Specialty business. Formed relationship with distribution startup to offer bespoke, pay as you fly insurance solution. Member of Liberty Mutual Innovation Council.
Rotation 1: (July 2013 - December 2013, Boston, MA) Commercial Insurance claims vendor management. Created and executed strategy for Liberty Mutual's field investigation unit with 3rd party contractors. Consolidated contracts from over 100 providers to 3 national providers, resulting in over $3 million of annual savings. Rotation 2: (December 2013 - July 2014, San Diego, CA) Commercial Insurance Underwriter - Underwrote small commercial accounts in the Southern California region. Exposure to commercial property, auto, auto liability, general liability and work comp lines. Worked with local management to define agency growth and market share strategies. Rotation 3: (July 2014 - January 2015, London, UK) Global Specialty Financial Planning & Analysis - Create forward looking financial plan for global specialty and reinsurance practices (combined $3bn per annum). Rotation 4: (January 2015 - August 2015, Seattle, WA) Created growth initiatives to increase personal lines market share through technological solutions in the independent agent channel. Developed a set of independent agent digital personas to help define Safeco's digital go-to-market strategy.
Evaluated leveraged buyout, debt investment and growth equity opportunities across multiple sectors for middle market focused private equity fund with significant exposure to financial institutions, industrial, and consumer industries. Member of investment committee. Selected transactions include the management led buy out of First Republic Bank ($19bn book value), formation of Grandpoint Bank (including 3 add-on bank acquisitions), and an international add-on acquisition for the IPS portfolio company.
Advised financial institution clients on financing and mergers and acquisitions. Select transactions include the IPO of Och-Ziff Capital Management (OZM), sale of GMAC Reinsurance to Maiden Holdings, and a $375m hybrid debt offering for Lincoln Financial Group.