Joseph Fox Email & Phone Number

Jersey City, NJ, US

Greater New York City Area

• Deployed restructured corporate general ledger, financial sub-ledger, and assumed/(retro)ceded reinsurance administration system in < 2 years (full lifecycle) and minimal business interruption
• Developed and implemented an application rationalization strategy to support the integration of a $1.8B reinsurance company and Lloyd’s syndicate

Greater New York City Area

• Provided operational leadership, supported executive decision making, enhanced operational efficiencies and direct capital investment efforts. Ensured accurate and timely execution of contractual terms and conditions.
• Designed, gained executive approval for, and initiated deployment of global application architecture with $1,400,000,000 Net Present Value (NPV) on $235,000,000 investment through capital optimization, tax arbitrage.
• Initiated and led 18 month operating model transformation generating $83,000,000 NPV in reduced operating expense by transitioning from highly decentralized, fragmented structure located in 72 countries to consolidated.
• Created the global operations function through consolidation of process and system accountability, recruiting and developing recognized industry and company-specific domain expertise, and consistently delivering a high.
• Enabled >$100,000,000 annual reduction in ceded reinsurance premium through deployment of operationally and capital efficient internal reinsurance contractual structures amongst 88 legal entities.

Twickenham, United Kingdom

• Enabled successful deployment of transformation initiatives through facilitation and leadership of vision creation, implementation planning, program execution, and organizational transition.
• Designed and implemented ceded reinsurance platform for AIG UK executing policy exposure and premium allocation, premium accounting, reinsurance claims recovery determination and reserving, collections, disbursements.
• Designed, gained executive sponsorship for, and deployed consolidated operating model which clarified accountability, reduced operational complexity, enhanced efficiency, and supported transition of business processes.
• Developed business process, technical, and operating model designs as prototypes with global engagement allowing accelerated enterprise-wide implementation with minimal process or system modifications

Princeton, NJ

• Led US-based subsidiary of German parent accountable directly to group CEO and founder for profitable growth of software license and consulting service sales and delivery, ensuring client satisfaction, establishing and.
• Transitioned subsidiary from financial dependency on parent to self-sustaining entity through institution of dedicated sales and marketing team, alignment of personal incentives with company objectives, expanding.
• Increased software license and custom application development income by $15,000,000 and consulting revenue by 112% between 2004 and 2009 while simultaneously leading group’s most strategic global deployment.
• Secured first US-based global client for company’s reinsurance platform and associated large-scale, multi-year consulting engagement thereby enhancing marketplace credibility, establishing a financial foundation for.

Princeton, NJ And Munich, Germany

• Led client engagements providing program support in the areas of project management and governance, business and technical design, realization, testing, and implementation for the deployment of company software.
• Prioritized, planned, and coordinated the activities for 4 year, 400 person project including client, consulting and contractor resources in Germany and U.S. to design and implement a global treaty administration.
• Transformed company client engagement from vendor-customer relationship to trusted advisor and partner within the senior management team solidifying company as long-term services provider.
• Positioned company as the service provider for Munich Reinsurance’s Global SAP Support Team realizing a long-term revenue stream to enable continued system development and market expansion.

Primary focus on reinsurance process and systems implementation consulting

Mba, International Business, Summa Cum Laude

Bche, Chemical Engineering