David Nix Email & Phone Number

Waltham, Massachusetts, United States

Responsible for Fixed Annuity Strategy and Product Development. Design, develop, and implement lifetime income solutions to ensure financial security to and through retirement.Developed 360 feedback loop with Sales and Distribution partners to help them position our products against competitors and ensure that product development was in line with the.

Waltham, MA

Responsible for analyzing, developing, and implementing sales and product concepts for the Life Insurance Organization. Serve as liaison between the Marketing and Product organizations to ensure that new products are developed that are profitable and appealing to the market.Negotiate and manage contracts with external vendors and distribution.

Led a business unit of 20 professionals responsible for all Financial, Compliance, Operational, Systems, and Case Management functions related to Corporate Owned Life Insurance (COLI), Bank Owned Life Insurance (BOLI), and High Net Worth Private Placement business with $9B in Assets under Management.Oversaw the day-to-day Operations, including Client.

Corporate Markets Developed and maintained relationships with key producers generating annual product sales in excess of $240 Million, including eight successive record-breaking sales quarters for Corporate MarketsExceeded sales goal targets each quarter for COLI and BOLI DistributionDeveloped and redesigned product promotion and launch materials to.

Corporate MarketsCreated and managed independent accounting unit for Corporate Markets, responsible for all Statutory and Regulatory Financial reporting as well as building accounting and cash flow structures tailored for COLI and BOLI casesDevised appropriate accounting for unique policy features, including Experience Rated Refunds, surrenders with Cash.

Constructed and launched Operations and Customer Service Departments for the newly created Individual Insurance Variable Universal Life productDesigned and refined a trade and reporting system for the daily cash flow activity. Created workflows and provided training to staff on all aspects of the business, from Accounting to Investments to Variable Life.

Restructured and Managed Individual Insurance Division Tax department Improved Department productivity performance from 40% to 98% according to Corporate Standards within the first six months Increased accuracy to 99% eliminating rework and improving the overall quality of the Service provided.Facilitated development of automated process for creation.

Bachelor'S Degree, Business Administration, Management And Operations

Bachelor'S Degree, English