Michael Escobar

Michael Escobar Email and Phone Number

Enterprise Risk & Insurance Management @ Greenbacker
Michael Escobar's Location
Berkeley, California, United States, United States
Michael Escobar's Contact Details

Michael Escobar personal email

n/a
About Michael Escobar

I build full-spectrum risk management programs focused on best practices, culture change, and incremental improvement for optimal return on investment.

Michael Escobar's Current Company Details
Greenbacker

Greenbacker

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Enterprise Risk & Insurance Management
Michael Escobar Work Experience Details
  • Greenbacker
    Risk Manager
    Greenbacker Oct 2022 - Present
    New York, Ny, Us
    Empowering a sustainable world by connecting individuals and institutions with investments in clean energy.
  • Vta
    Risk Analyst
    Vta Nov 2016 - Oct 2022
    San Jose, Ca, Us
    Supported a robust Enterprise Risk Management program by delivering contractual risk management expertise and building relationships with stakeholders and internal customers. Negotiated liability and insurance requirements in contracts. Supported resolution of claims with insurers, including active shooter event and cyberattack. Collaborated with Legal to develop company response to litigated matters. Compiled data for annual insurance renewals. Conducted RFPs for outsourced services including insurance brokerage, third party adjustors, and Workers' Compensation managed care. Developed an OCIP for a major construction project. Led internal training sessions to improve negotiating acumen by increasing insurance and risk management knowledge across the enterprise.
  • Shimmick Construction
    Risk Manager
    Shimmick Construction Jun 2015 - Mar 2016
    Irvine, California, Us
    Managed the full property-casualty insurance program for one of the premier heavy civil engineering general contractors in California, including some lines insured by group captive program. Provided oversight to the claims adjustors and attorneys handling complex GL, Worker's Compensation, and Professional claims. Partnered with the insurance broker for claims advocacy and subrogation. Led the procurement process for new D&O insurance options in connection with a planned Initial Public Offering. Supported project management teams in negotiating indemnity terms with vendors and subcontractors. Assisted estimating teams in identifying and satisfying insurance requirements in specifications for project bids, including a prospective job covered by OCIP, and prepared competitive CCIP quotes for bidding on a large project. Enrolled the company in a GC's CCIP for a newly-won subcontractor job.
  • Belectric, Inc.
    Risk Manager
    Belectric, Inc. Feb 2014 - Mar 2015
    Managed the full property & casualty insurance program for this utility-scale solar PV EPC and O&M contractor. Assisted in negotiating indemnity and insurance terms for contracts with clients, subcontractors and landowners for optimal risk allocation. Overhauled the whole program at 2015 renewal to secure better coverage and rates. Built a certificate tracking program to prevent gaps and lapses in subcontractors' insurance to ensure compliance with our contracts. Performed periodic safety inspections at our worksites and enforced subcontractor compliance with safety program. Managed a successful competitive RFP process to select a new insurance broker, with participation by several top-tier candidates. Developed hurricane contingency plan for construction site in Puerto Rico.
  • The Hartford
    Underwriter
    The Hartford Feb 2011 - Oct 2013
    Hartford, Ct, Us
    Served all major and many mid-size commercial insurance brokers as The Hartford's sole Marine underwriter in the S.F. Bay Area. Specialized in builder's risk (course of construction), contractor's equipment, equipment rental/dealers, ocean cargo and stock throughput, motor truck cargo and warehouse legal liability, renewable energy equipment, all other Inland floaters, and monoline commercial property. Risks insured included installation and property coverage on residential, commercial, and utility-scale solar power, a major museum renovation project, construction of a hotel, property for a city's main hospital, equipment used in construction of a metropolitan subway tunnel, warehouse legal liability for a chocolate and coffee warehousing & logistics company, and cargo for apparel, pharmaceutical and electronics distributors. Used AIR CatStation and MunichRe NATHAN to manage corporate concentrations and underwrite natural-catastrophe risk.
  • Rli
    Underwriter
    Rli Jun 2007 - Feb 2011
    Peoria, Il, Us
    Underwrote Ocean and Inland Marine insurance: ocean cargo including consumer electronics, pharmaceuticals, and apparel distributors; Hull and P&I for small oceangoing vessels; marine liability packages for marinas and boat yards; motor truck cargo for small and midsize trucking fleets; warehouse legal liability for 3PL providers; builder's risk and contractor's equipment for small and midsize construction contractors, etc. Responsible for building a profitable book of business in the western United States with selected brokers. Served as the principal West Coast underwriter for RLI's participation in a major broker's national ocean cargo marketing platform. Used RMS RiskBrowser to manage corporate concentrations and price EQ risk.
  • Rli
    Operations Assistant
    Rli Nov 2005 - Jun 2007
    Peoria, Il, Us
    Assistant to several underwriters in the E&S Property unit. Assisted underwriters by preparing data on commercial property accounts, including earthquake risk modeling, compiling data from submissions and loss-control reports, and ensuring compliance with loss control recommendations. Account servicing, processing policy issuance and endorsements, statistical reports for management, and account management. Liaison with brokers.
  • Export Shipping Co.
    Export Operations Assistant
    Export Shipping Co. Jul 1998 - Nov 2005
    Assisted part-time for many years in this family business. Performed inside sales of oceanfreight and related services to the public; procured subcontract services including trucking, packing, and foreign agents for facilitation of final delivery after shipment arrival at destination seaports. Designed the business' first website.
  • University Of California
    Research Assistant
    University Of California Feb 2004 - Dec 2004
    Oakland, California, Us
    Assistant to Director of New Initiatives (business development) in the Industry-University Cooperative Research Program (administrator of the UC Discovery Grant). Research on educational offerings of the University of California and various comparison institutions, public and private. Research on current state of R&D among various California firms in homeland security, electronics and pharmaceutical fields. Interviews with various research subjects. Collaboration on project design. Contributed to writing reports on program development.

Michael Escobar Skills

Underwriting Commercial Insurance Property And Casualty Insurance Risk Management Insurance Brokers Legal Liability Latin American Studies Microsoft Office Freight Casualty Insurance Risk Analysis Inland Marine Liability Workers Compensation Construction Insurance Sales Selling Casualty Creative Problem Solving Consultative Selling Project Management Working With Brokers Sap Purchasing And Contract Negotiation Minutetraq

Michael Escobar Education Details

  • University Of California, Berkeley
    University Of California, Berkeley
    Latin American Studies
  • Pontificia Universidad Católica De Chile
    Pontificia Universidad Católica De Chile
    History
  • Pasadena City College
    Pasadena City College
    A.A.
  • Burbank High School
    Burbank High School
    Diploma

Frequently Asked Questions about Michael Escobar

What company does Michael Escobar work for?

Michael Escobar works for Greenbacker

What is Michael Escobar's role at the current company?

Michael Escobar's current role is Enterprise Risk & Insurance Management.

What is Michael Escobar's email address?

Michael Escobar's email address is mi****@****vta.org

What is Michael Escobar's direct phone number?

Michael Escobar's direct phone number is +151077*****

What schools did Michael Escobar attend?

Michael Escobar attended University Of California, Berkeley, Pontificia Universidad Católica De Chile, Pasadena City College, Burbank High School.

What are some of Michael Escobar's interests?

Michael Escobar has interest in Education.

What skills is Michael Escobar known for?

Michael Escobar has skills like Underwriting, Commercial Insurance, Property And Casualty Insurance, Risk Management, Insurance, Brokers, Legal Liability, Latin American Studies, Microsoft Office, Freight, Casualty Insurance, Risk Analysis.

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