Insurance Manager | Global Business Development | Life & P&C Insurance
Gmac International Operations
High Wycombe, Buckinghamshire, United Kingdom
Working within the international division of General Motors captive finance business with a core focus on maximising / optimising Insurance income for the group. International within GMAC meant everything external of the US (EMEA, LATAM and Asia). Focused on the underwriting and performance management of a wide range of products associated to the sale of a vehicle (auto, extended warranty, GAP, Credit, Wholesale, Tyre). Further responsibility for the management of the insurance for the company fleet and personal lease vehicles, balancing stable returns for insurers with acceptable premium payments.Exposed to all aspects of insurance from product creation, business analysis and pricing through to marketing to legal and strategy. During my tenure we grew the business to over £100m annual premium, incorporated a reinsurance entity in Bermuda and a direct writing Life insurance company in Sweden. Responsibility for maintenance and development of an extensive client portfolio with accountability for all aspects of automotive related insurance and reinsurance, extending to Auto, Credit life, GAP (financial and VRI), Tyre, SMART and extended warranty. Major Contributions:- Part of the leadership team that delivered the ideation and incorporation of two insurance companies and with the seamless integration of a new I.T. finance system.- Developing Regional Insurance Programs and customer propositions across sixteen countries contributing towards annual written reinsurance premiums in excess of $100 million.- Renegotiating contract and pricing terms with Insurance companies (Zurich, Allianz, Swiss Life, UKI, Ageas).- Global experience operating programs across 3 regions with extensive business travel.