Patricia Martin Email and Phone Number
Currently serving as Managing Director in Deloitte's Accounting and Reporting Advisory practice in Boston with a focus on insurance. Over 20 years of experience in a variety of roles including 10 years in Deloitte's Audit and Assurance practice serving public, mutual and captive insurers and over 10 years in industry leading accounting and financial reporting and claims risk management functions.Passionate about and have strong track record for execution of innovative solutions to business opportunities. Excellent communication skills that provide an atmosphere conducive to the stimulation and exchange of ideas across all levels of an organization.Member of the American Institute of Certified Public Accountants ("AICPA") and a Certified Public Accountant in the state of Connecticut and Commonwealth of Massachusetts.
Deloitte
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Managing DirectorDeloitte Jan 2022 - PresentWorldwide, OoLeader of Deloitte’s Insurance Accounting & Reporting Advisory ("ARA") practice in New England. Responsible for overseeing the execution and delivery of services targeted at helping clients solve their most complex and challenging projects, including technical accounting support, new accounting standard implementation (i.e., Targeted Improvements to the Accounting for Long-Duration Contracts), internal control assessment, testing and remediation as well as other process and operational improvement projects. -
Avp, Claims Risk Management And Qa, Group ProtectionLincoln Financial Group Oct 2018 - Jan 2022Radnor, Pa, Us- Provide functional expertise to lead and direct in-depth analyses of key claims risk metrics, trending, budget and costs- Collaborates with Claims, Finance and Valuation leaders to develop strategic recommendations to mitigate risk and to ensure strategic alignment between operational areas and financial objectives.- Provide oversight to Group Protection’s Claims Quality Assurance program and partner with claims operational leaders to provide value added feedback on claims handling and risk mitigation opportunities.- Deploys claims risk resources to analyze and recommend actions to ensure appropriate claims handling.- Directs cause/effect analyses and the evaluation of alternative means to reduce the organizations exposure to risk & loss; leads the development of remediation plans and risk mitigation strategies.- Directs senior-level claims risk resources to review individual claims/blocks of claims and to partner with claim operational leaders to identify areas of opportunity for improved risk management.- Directs team to analyze and report on budget trends for the Claims function, working with senior Claims and other operational leaders to identify trends and understand factors leading to budget variance, etc.- Establishes and directs the strategy for analysis of claims risk trends and financial outcomes for various metrics -
ControllerLincoln Financial Group May 2018 - Sep 2018Radnor, Pa, Us -
Controller - Liberty Mutual BenefitsLiberty Mutual Insurance Aug 2015 - Oct 2018Boston, Ma, UsResponsible for planning, directing and coordinating all activities, practices, policies and procedures related to LMB's accounting and reporting functions. These activities include the development of all accounting records, preparation of financial statements, and reporting and analysis of operating results. Also responsible for managing and guiding the LMB's internal control efforts, including annual Sarbanes-Oxley reporting, the external audit, and effectively communicating with functional partners regarding internal audit plans, execution, results and remediation of findings.Collaborate with internal and other business partners to support both on-going and ad-hoc accounting, reporting and internal control requirements. -
Assistant Controller - Director Of Individual Life Accounting PolicyLiberty Mutual Insurance Sep 2011 - Aug 2015Boston, Ma, Us -
Senior ManagerDeloitte And Touche Aug 2001 - Nov 2011Worldwide, OoSupervised and managed the audit procedures and engagement economics for large and mid-size life and property and casualty insurers• Reviewed audit and attest engagements to ensure compliance with Deloitte and Touche LLP policies and professional standards, with a focus on insurance engagements• Lead Senior Manager of the Insurance Operations of a large life insurer, one mid-size property & casualty insurer, and other clients across a diverse client base of public and privately held domestic entities.• Supervised and managed engagement economics of an $8 million life insurance company audit with a focus on development of the audit plan, budgeting, scheduling, staffing, assigning of workloads to the 123 deliverables throughout the year, including six statutory audits and other financial reporting under for multiple bases of accounting (including US GAAP, Statutory accounting, and Canadian GAAP).• Managed the Sarbanes-Oxley implementation at a large life insurer consisting of 10,000 hours of effort and the subsequent adoption of AS5 which resulted in a 50% reduction of audit hours• Researched and resolved technical accounting/auditing issues in relation to business combinations , credit crisis impacts on actuarially determined balances, and numerous statutory, US GAAP, and Canadian GAAP insurance specific issues as they arise• Participated in the initial public offering (S-1) of a property & casualty insurer
Patricia Martin Education Details
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Rutgers UniversityAccounting -
University Of HartfordAccounting
Frequently Asked Questions about Patricia Martin
What company does Patricia Martin work for?
Patricia Martin works for Deloitte
What is Patricia Martin's role at the current company?
Patricia Martin's current role is Managing Director l Insurance Accounting and Reporting Advisory l ESG l Sustainability.
What schools did Patricia Martin attend?
Patricia Martin attended Rutgers University, University Of Hartford.
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