Douglas Burdick Email & Phone Number

Fort Wayne, In, Us

Hamilton, Bermuda, Bm

Lincoln, Nebraska, Us

Radnor, Pa, Us

Directed and led multiple functions for Life, Annuity, Retirement Plan Services and the Enterprise Digital Program. Developed a $188M annual budget and managed ~40 employees across 4 locations. • Managed all financial aspects of a $125M Enterprise wide run-rate expense reduction strategy including budgeting, reporting of expenses & benefits, employee level metrics, and operational reporting. • Developed highly visible reporting materials for board, investor and rating agency presentations.• Created and implemented expense versus pricing gap calculations and unit cost calculations. • Integrated anticipated savings into operational area budgets for the first time in Enterprise history by utilizing strong influence, change management and execution skills.• Captured and validated program generated savings, incorporating business unit finance and corporate FP&A into process. • Met regularly with cross-functional stakeholders to provide status updates, deliver/receive feedback, discuss recommendations and perform analytical program reviews to make effective business decisions. • Communicated issues, potential solutions and problem resolution in a written and verbal manner.

Radnor, Pa, Us

Directed and led multiple functions for Annuity and Retirement Plan Service business units. Developed and managed a $49M annual budget. Teams consisted of approximately 120 members in the Fort Wayne location along with remote employees.• Headed in-force processing for Individual Annuity Operations, consisting of approximately 1M contracts in-force, over 11M transactions/year with over 90% automated.o Among the first insurance carriers to deploy industry post issue self-service.o Developed and implemented Unclaimed Property controls and a work from home strategy for employees.o Achieved first ever #1 ranking in OMR in In-Force Operations for Lincoln Financial Group• Owned all aspects of budgeting, expense reporting, employee level metrics, and annuity operational reporting. o Performed regular comprehensive data source validations.o Met or exceeded expense guidance every year while continuing to reinvest in the business.o Implemented noted improvements in expense reporting and forecasting.• Championed financial controls, including suspense account, tax withholding, and accounts receivable reconciliations by utilizing data matching tools to improve efficiencies. • Developed and performed annual financial and operational risk reviews. • Performed vendor due diligence and led implementation of fraud prevention software.• Retained assets due to surrender/withdrawal through agent relationship building resulting in an increase in retention dollars by over 16% annually since 2007 to $1.3B in 2016. Partnered with the actuarial department to develop the first retention profitability study in company history. • Led operational efforts related to PeopleSoft general ledger conversion.

Radnor, Pa, Us

Led and managed teams responsible for general ledger administration, monthly, quarterly, and annual close process, Statutory reporting, bank reconciliation, fixed assets, prepaid accruals, expense allocation, reinsurance administration, annuity product line reporting, SOX controls and Life, Annuity and RPS Financial Controls. Teams consisted of approximately 50 employees if 4 LFG locations.• Led efforts to consolidate monthly close & financial reporting processes related to a significant merger.• Negotiated multi-year ledger maintenance agreement resulting in over $300k per year of savings.• Led Enterprise efforts to fully utilize chart fields creating an excess of 25% redundancy savings.• Utilized ledger features to automate numerous manual calculations and journal entries.• Partnered with IT to improve the performance of ledger reporting universe and reduce the down-time by 50% during year-end close activities.

New York, Ny, Us

Led and managed teams of ~13 employees responsible for general ledger administration, monthly, quarterly, and annual close process, statutory reporting, GAAP reporting and reinsurance administration. • Utilized ledger features to automate allocation entries, manual calculations and journal entries which reduced the monthly close by 1 day.• Integrated financial reporting processes with parent company due to an acquisition.• Reduced the preparation time needed for Statutory reporting resulting in reductions in printing costs.

Bachelor Of Science - Bs, Accounting

Associate'S Degree