Michael Rieger Email & Phone Number

Bethlehem, Pa

King Of Prussia, Pa

Develop strategy and manage risk management programs according the Group’s Risk Management Philosophy including loss prevention/control programs, claims management (all lines of insurance coverage), cost containment, insurance reserve management, acquisition integration, divestiture activity, plant closings and risk management information system’s needs. Review and advise businesses and Law Department on contractual insurance language and confirm the adequacy of coverage for given exposures. Oversaw the renewal of all property and casualty lines of coverage for North America. Trained the new Risk Analyst in budgeting, allocations, and gathering of renewal information.Responsible for communication of the insurance program including casualty, property, business interruption, earthquake, flood, environmental, cargo, aviation and furnace coverage, as well as related loss control, engineering and claims management services. Responsible for managing outside vendor relationships associated with these placements and for communicating to risk management personnel any changes to programs. Ownership of the Environmental Liability, Ocean Cargo, Aviation and Medical Device Products insurance programs. Leadership role in the casualty renewals, budget process and insurance allocations to multiple entities.

Bethlehem, Pa

Maintain the property and casualty insurance programs for the US operations of a cement manufacturer in conjunction with global ownership. US operations include activities in 21 states. Responsibilities include liability and workers compensation claims oversight, maximizing recovery on property losses, analyzing insurance needs, securing optimum coverage, reconciling historic collateral obligations, contract review, oversight of performance bonds, detailed financial reporting, setting the insurance budget, premium allocation, and subrogation. Involved in multiple lines of coverage including all-risk property, boiler and machinery, builder's risk policies, general and excess liability, workman's compensation, an OCIP, marine, pollution, directors and officers, crime, fiduciary liability, and business travel & accident.

Reading, Pa

Manage a unit of 10 general liability claims technicians. Duties include overseeing productivity, assuring file quality meets acceptable standards by conducting multiple audits and spot reviews (this includes determining if contacts are timely, whether coverage is in order, if ultimately the correct liability decision is made and a thorough investigation is complete), significant amount of time devoted to training and answering employee’s questions, often respond to broker and insured inquiries, and resolve Human Resource issues.

Philadelphia, Pa

Thoroughly review reinsurance claims submitted by various insurance companies, interact with brokers, set appropriate reserves, review underlying claims and contracts, and recognize when retrocessional arrangements apply. Conduct audits when appropriate. My pending encompassed multiple areas of insurance including London Market ocean marine, professional liability, workers compensation, general liability and more. Develop monthly reports for our largest client.

Plymouth Meeting, Pa

Responsibilities include: ensuring the appropriate investigations are done by the immediate response unit, handling attorney represented third party and UM/UIM claims, follow up with underwriting on key issues, present training on low impact cases, develop and roll out training on tort, act as a resource on legal issues, case law and coverage questions, train new hires, act as facilitator for various meetings.

West Chester, Pa

Handled liability and UM/UIM injury claims from start to finish including the initial investigation until the ultimate resolution. This included managing cases in litigation and often included several in person meetings with the individuals involved in a loss and settlement conferences for matters in litigation. I was involved in training new hires with Nationwide’s systems.

Bba, Risk Management And Insurance, 4.0 In Major, 3.59 Overall

Activities and Societies: Gamma Iota Sigma

High School, College Prep