David Menes Email & Phone Number

Schaumburg, Il

Schaumburg, Il, United States

Analytics Expert, Enabling Analytics, 2017-PresentManage and lead projects from definition through completion, drive continuous improvement and automation of analytics systems, and support business units with recurring and ad-hoc analytics services.• Led a cross functional team from Claims, Underwriting, and Analytics to investigate trends for certain lines of business, and make recommendations for future underwriting, pricing, and reserving decisions.• Specified reporting tool for the Large Loss Management team that increased efficiency and improved internal reporting of enterprise-wide claim data to key stakeholders in the quarterly reserving process. • Designed dashboards with key metrics for claim managers and internal auditors to control automated claim processing.• Migrated the database for reporting annuity claims in France and the U.K. from Business Objects to Microsoft Business Intelligence while making the reports more concise and flexible.Senior Account Expert, Reinsurance Liability Management, 2003 - 2016Managed various portfolios of runoff business to mitigate future liability and accelerate finalization. • Reduced reserves on assigned runoff portfolio over 25% using data mining techniques to identify commutation and account management opportunities.• Led commutation and collection efforts of a disputed block of retro contracts. Recovered over $50M; 20% more than expected.• Facilitated the collection of more than $20M in retro recoverable balances through offset agreements with financially distressed counterparties.• Accumulated financial data from orphan systems for a block of P&C business in L&H legal entity for GAAP reporting; streamlined the quarter closing process to reduce lead time by one third.

Long Grove, Il

• Collaborated with marketing to model broker incentive plans and analyzed financial impact as part of the budgeting process; tracked results versus budget and prepared variance analysis.• Instituted new controls and reconciliation procedures to ensure contingent commission checks and bonus plan statements were accurate; reduced error rate from 8.3% to 0.5%.• Created models in Excel that allowed branch executives to forecast premium, losses and bonus amounts for an individual broker at the click of a button.• Filed financial data for workers compensation insurance with reporting bureaus and state insurance departments; developed new programs to mate mainframe systems to the NCCI reporting software, increasing efficiency and accuracy.

Mba, Finance, General

Bachelor'S Degree, Economics