Jay P. Allard Email & Phone Number

Hartford, Connecticut, United States

- Lead the consolidated global annual plan and quarterly forecast reporting process for HSB Group in compliance with Munich Re's required International Accounting Standards (IFRS17).- Develop consistent financial and non-financial KPI reporting for HSB Group as part of consolidated reporting under the parent company.- Analyze and present results by utilizing Oracle and Power BI, related to HSB Group’s actual, forecast and plan information.

Hartford, Connecticut, United States

- Provides direction to the Long Term Care, Group Insurance and other Workplace Solutions Group businesses in developing and maintaining an effective and efficient risk management program in accordance with the company's Operational Risk Management framework.- Ensures operational risks are properly identified, assessed, monitored, controlled and reported.- Promotes and builds a strong risk management culture through engagement and relationship building with senior management and Operational Risk Committees.- Provides Operational Risk support and advice to business partners, including facilitating assessments of major new business activities and ensuring appropriate controls are implemented.- Advises business groups and corporate functions on the development and implementation of action plans to address control gaps.- Proactively partners with Compliance, Legal, and SOX counterparts to identify risk management processes with enterprise-wide implications and effective methods to evaluate control effectiveness.

Hartford, Connecticut

- Implemented all aspects of the Operational Risk Management (ORM) Framework, including Risk and Control Self Assessments, Risk Events and Key Risk Indicators (KRI's).- Conducted risk assessments of major business initiatives, and ensure appropriate controls are implemented.- Identified and resolved risk issues impacting the business by conducting control reviews or gap analyses for existing processes.- Reviewed and analyzed transactions and processes for compliance with regulatory requirements including Privacy annual assertion.- Promoted risk awareness and accountability throughout the Individual Life Insurance and Prudential Advisors businesses.

Farmington, Connecticut

Lead the Payroll function for the company's 2,000 caregivers, and the Billing department including the accounts receivable and collections activities for Medicaid, Long Term Care policyholders, and private paying clients.- Managed a team of 6 full-time call center individuals responsible for the efficient processing and reconciliation of timesheets to insure a timely distribution of payroll. - Lead the Billing team and Accounts Receivable function to insure accurate invoices were produced which reflected the services provided.- Managed collection activity and negotiated payment plans to insure the timely remittance of outstanding balances.- Made recommendations to discontinue service due to non-payment and researched historical legal cases as a result of uncollectible balances.

Hartford, Connecticut Area

Led a diverse organization of 28 employees and 37 Cognizant resources across 4 disciplines: General Ledger Administration, Financial Integrity, Cash and Claim Processing, and Group Benefit Tax Services.- Ensured reconciliations for General Ledger instances across the enterprise were performed with financial integrity and adhered to operating policies, and internal and external audit requirements. Managed the enterprise unclaimed property function.- Directed the financial close process ensuring source system information was fed in a timely and accurate manner on a monthly, quarterly, and annual basis. - Developed and managed the Ledger Confirmation Unit that monitored balances in the general ledger including the utilization of technology to facilitate the structured and consistent reporting of balances by multiple account owners.- Developed the SOX effort on behalf of P&C Accounting Services by defining, organizing and developing the roles and necessary requirements for 52 sub-processes and the testing of 140 key controls across the organization.

Farmington, Ct

Led a diverse organization of 28 employees and 37 Cognizant resources across 4 disciplines: General Ledger Administration, Financial Integrity, Cash and Claim Processing, and Group Benefit Tax Services.- Ensured reconciliations for General Ledger instances across the enterprise were performed with financial integrity and adhered to operating policies, and internal and external audit requirements. Managed the enterprise unclaimed property function.- Directed the financial close process ensuring source system information was fed in a timely and accurate manner on a monthly, quarterly, and annual basis. - Developed and managed the Ledger Confirmation Unit that monitored balances in the general ledger including the utilization of technology to facilitate the structured and consistent reporting of balances by multiple account owners.- Developed the Sarbanes-Oxley effort on behalf of P&C Accounting Services by defining, organizing and developing the roles and necessary requirements for 52 sub-processes and the testing of 140 key controls across the organization.

Southington, Ct

- Managed the personal lines relationships with national insurance agencies and brokers across the U.S.- Managed and monitored insurance programs including book of business profiles, loss ratio development, marketing plans and customer satisfaction.- Developed annual premium plans and reporting monthly progress towards goals and objectives via face-to-face meetings and teleconferencing. - Delivered sales presentations and developed written proposals for incoming new business opportunities. - Negotiated and executed ongoing contract amendments.- Initiated and guided project development teams utilizing Six Sigma methodology.

Bachelor’S Degree, Accounting

Master Of Business Administration - Mba