Senior Vice President, Worldwide Reinsurance And Risk Manager
Ch
* Responsible for global reinsurance strategy of the Chubb Corporation with total ceded premium ~ $1 billion annually* Directly responsible for the placement of large corporate treaties with $2 billion in limits and oversight of smaller business unit treaties* Manage large internal assumed reinsurance operations for subsidiaries in Asia, Latin America, and Europe with circa $400m annual assumed premium with goal of optimizing the capital structure between parent corporation and foreign subsidiaries* Senior executive responsible team for the issuance of seven catastrophe bonds, since 2007, for $1.75 billion total limit * Responsible for maintaining relationships with senior managers at reinsurance companies and reinsurance brokers through domestic and international meetings* Responsible for establishing and implementing the approved reinsurer list for the corporation* Manage units that are responsbile for the recovery of legacy reinsurance claims as well as billing of current reinsurance claims, claim settlements, arbitrations, and commutations with reinsurance companies in run-off, liquidation, or schemes of arrangement with recoveries > $200 million annually* Senior manager sponsor for the design and implementation of a new global reinsurance management reporting system* Three managers and seven total staff report to me* Responsible for all regulatory related reinsurance issues such as NAIC risk transfer testing and attestations, Sarbanes Oxley quarterly reporting to external audit firm, and other issues as needed* Annual presentation of reinsurance strategy to the big four rating agencies* Responsible for the Chubb Corporation's insurance risk management program, including self insured coverages and open market placements for property, GL, WC, Umbrella, and corporate aviation* Work closely CEO, CFO on risk tolerance, reinsurance, capital, and earnings related issues and report to the Chief Risk Officer
