Bram Spector Email & Phone Number

Chicago, Il, Us

Newport Beach, Ca, Us

Radnor, Pa, Us

Lead finance and actuarial senior executive for Group Protection business, a $4.3B insurance premium business, reporting directly to the business unit president, and indirectly to the enterprise CFO. Group Protection is a top three group disability carrier, and accounts for ~25% of consolidated enterprise operating revenues and ~20% of consolidated enterprise income from operations. Lead a finance and actuarial organization of approximately 250 professionals, including five direct reports, and six office locations. Organizational responsibilities included:- financial management, financial operations, financial reporting, financial planning and analysis,- actuarial valuations, product pricing, profitability management, model development, maintenance, and governance, pricing and underwriting tools,- premium administration and billing operations, internal sales representative and external producer compensation administration,- data strategy, information management, operational reporting, business intelligence and advanced analytics, and- reinsurance strategy and administration, enterprise risk management, mergers and acquisition strategy

Worldwide, Oo

Through excellence in consulting and benchmarking services, maintained ongoing relationships with Presidents, CFOs, Chief Actuaries, Chief UWs, Chief Claims Officers, and COOs of the top Group Insurers. Maintained comprehensive data and knowledge of competitive landscape, marketplace trends, disruptive forces, carrier strategies, technology vendor landscape, Insurtech landscape, organic and inorganic business strategies, mergers and acquisitions, etc.Focused on leading successful client outcomes at the intersection of Actuarial, Finance, Data & Analytics, and strategy and operations. Led Deloitte's Actuarial and Finance relationships across the portfolio of group insurance accounts. Lead broad consulting engagements in support of:- product strategy, product portfolio rationalization and harmonization, product pricing process and tools, underwriting process and tools, or rate filing models.- Utilizing proprietary benchmarks, assessed general and administrative expenses structures, spans and layers, operational unit costs, and competitive positioning to identify expense reduction opportunities, hypotheses, and business cases.- Assess claims operational performance to identify operational efficiency and effectiveness, and size potential claim leakage.- Developing bespoke and standardized algorithmic solutions for group insurance pricing and underwriting.- Full suite Data & Analytics services, including: strategy, design, creation, integration, and governance of analytics tools and capabilities, business intelligence, management/executive dashboards, operational reporting, and advanced analytics solutions.- Valuation system implementation and transformation- Full suite of buy-side M&A advisory services, including deal strategy, financial due diligence, quality of earnings, analysis of product suite positioning and pricing, actuarial appraisal development and analysis, revenue and cost synergy development, and integration planning and execution.

Chicago, Illinois, Us

Chicago, Il, Us