Felix Tromp Email & Phone Number

Tampa, Florida

SME for internal controls related to system conversions to a third party ensuring accounting and reporting is accurate and complete. Created SOX and audit controls to ensure TPA processing meet standards and accurately record all business events in Brighthousefinancial’s records.Leader responsible for the design and implementation of the new BlackLine accounting system for reconciliation’s and month end account certification.The financial operations representative on operation outsourcing projects responsible for accounting, reporting, financial cut- over procedures, and financial controls.

Tampa/St. Petersburg, Florida Area

Responsibilities included:• Project management for multiple projects• Account reconciliations• Implementation of new IT financial tools• Proof of Concept for new systems• Co-ordination between external consultants, vendor, and internal staff.

Tampa/St. Petersburg, Florida Area

• Month-end close assistance• Payroll assistance• Agency billing• Direct billing• Documentation and training on new billing system• Review of Payables and Receivables

Tampa Florida

Managed 200-person Life New Business Division including 15 direct manager and senior individual contributor level associates with an annual budget of $46 million. Designed and built organizational structure for multi-functional division to improve efficiency, reduce costs, and improve customer experience.• Reduced direct expense by over 1MM annually by consolidating units from four locations and consolidating the Life and Disability lines of business. Developed plan, restructured unit, integrated functions, carried out cross-training, with daily monitoring and corrective action. • Hired 45 associates with transfer of Licensing and Contracting division, saving $300,000 per annum. Held strategy meetings with recruiters and developed behavior based interviews. Filled all positions within three months. • Saved $4 million over a 5 year period and recouped $2 million in overcharges by analyzing expenses of 130 vendor accounts, implementing process, controls and negotiating contract conditions, wording and prices. • Created recognition program - Start With Service, End With Success - which resulted in improved team work and morale. Associates awarded with Gold Club membership, which held meetings covering public speaking, book reviews and case studies.• Migrated 65 associate functions to Noida (India) which resulted in $1.3 million in savings per year. Identified functions, logistical requirements and training needs and collaborated with India to document processes, and create and implement migration plan.

Tampa/St. Petersburg, Florida Area

Administered premiums and claims for two large Life Insurers with monthly premium transactions in excess of $30 million. Reconciled daily transactions and month-end balances resolving discrepancies. Ensured accurate posting of accounting records.• Eliminated outstanding billings and collections worth $100 million by analyzing detailed administration records ensuring completeness and accuracy. Contacted re-insurers and reconciled balances and negotiated discrepancies.• Reconciled and cleared all accounting (entries, sub-ledgers) in the General Ledger. Obtained all reinsurance month end balances and verified against detail administration records.• Migrated treaties from Excel spreadsheet to reinsurance administration system. Studied and became proficient with administration system functionality and built treaty parameters required to process transactions.

Tampa/St. Petersburg, Florida Area

Lead auditor, for the Tampa Financial Operations segment of business. Responsible for user-acceptance testing for the conversion to a new consolidated reporting system. Closely planned, supervised and reported on key Financial Operations audits including Reinsurance, Restacking, Sarbanes-Oxley, Hyperion Financial Management system conversion, Derivatives, Securities Lending, and Travelers integration team.Responsibilities included:• Participated in the creation and implementation of a major insurance acquisition plan• Assisted management in a number of key integration risks and controls (e.g. Reconciling Historic GAAP figures to current GAAP figures). • Restacking of business units from lower enterprise levels to form a new company structure• Created audit program and managed the audit team. • Subject matter expert on reconciliations within MetLife. • Audits have lead to significant improvements within the control environment

Johannesburg Area, South Africa

Managed a staff of over 350 professionals operating in the property & casualty insurance sector. Responsibilities included:• Management of the company including, strategic plans, budgets, operations, staff remuneration and training and product development. • Extensive knowledge of property and liability insurance, including reinsurance, from corporate clients to individual business clients. • Specialized in the motor vehicle market and hire purchase banking sectors. • A member of the audit committee of Imperial Bank and a member of the board of Regent Life Insurance Company.• Managed coached and mentored staff to ensure successful careers and developed an effective management team. Key Accomplishments:• Grew the company from a ranking of 21 to being rated the 9th largest P&C company in South Africa.• Attained both growth and profitability targets over this period and achieved underwriting profits in each of the years under my leadership.• Initiated the design and implementation of a new, fully networked, and integrated insurance computer system • Developed new insurance products for the company including, self-funding for trucking fleets, aircraft, taxi’s, personal lines and specialized motor insurance products.(4X4, executive vehicles, etc.)

Cape Town Area, South Africa

Hired by the HSBC banking group to start up and manage a small company specializing in providing finance for short term insurance premiums. Key Accomplishments:• Under my leadership, the company successfully evolved in two years from one-man to financing over 100m Rands, employing seven people, and using a computerized finance system. • Marketed the benefits of premium financing to customers. Customers included brokers, agents and insurance companies.• The intense growth of the company necessitated to increased capital requirements, and Rand Merchant Bank provided local finance. Rand Merchant Bank purchased 75% of the company in 1994.

Cape Town Area, South Africa

Responsibilities include all management of insurance activities in the Western Cape, from creating budgets to meeting budgets. The region operated five branches, had a staff compliment of 80 people and produced an income of 90m Rands. The company went into curator ship in 1993. HEAD OFFICE ACCOUNTANTResponsibilities included the production of the Annual Financial Statements, taxations returns preparation, statutory filings, and budget preparation.

Johannesburg Area, South Africa

Responsible for planning and supervising a wide range of audits and reporting to the Audit partner. Clients included: Amalgamated Beverage Industries, National Co-Operative Dairies, Castrol, Impala Platinum Mines, African Life Insurance, to name a few.

Honors (Masters) Of Accounting Science, Accounting, Auditing, And Economics

Series 6 Series 26, Securities

Ca(Sa), Chartered Accountant

Fii(Sa), Insurance

Fellowship in Property and Casualty Insurance

Bachelor Of Accounting Science, Accounting, Auditing And Economics