Richard Lang Email & Phone Number

London, Greater London, United Kingdom

Dublin

Led the underwriting, pricing and financial administration functions for a global insurance organisation in over 76 countries for a €1.6bn Commercial and Consumer Medical and Life portfolio

Al-Shu’Araa, Riyadh Region, Saudi Arabia

Approached to design and implement of end to end transformational strategies to enhance business growth for the Al Rajhi Takaful, Medical, Motor, Life and P&C portfolio on a one-year contract. Spearheaded a sweeping review of the existing portfolio and commenced an extensive program of underwriting re-alignment, product diversification and distribution expansion. Key Accomplishments:♦ Implemented controls and procedures that ensured financial compliance, resource allocation, and risk… Show more Approached to design and implement of end to end transformational strategies to enhance business growth for the Al Rajhi Takaful, Medical, Motor, Life and P&C portfolio on a one-year contract. Spearheaded a sweeping review of the existing portfolio and commenced an extensive program of underwriting re-alignment, product diversification and distribution expansion. Key Accomplishments:♦ Implemented controls and procedures that ensured financial compliance, resource allocation, and risk mitigation and led to value added opportunities for the organisation.♦ Managed several successful projects and developed a five years’ business case / plan for the organisation that included the development of a Bancassurance Roadmap, re-launch of a Life Assurance program, Medical and Motor Underwriting framework and a branch rationalisation plan.♦ Facilitated the re-design of Medical, Life and Motor rating and rules- the implemented changes resulting in profitable medical growth at 163% of budget and a 32% turnaround in growth rate in Q2. ♦ Improved the Customer Relationship Management (CRM) system to manage and deliver pipeline that accounted of a 77% increase in commercial quotations and SAR 2bn in prospects. Show less

Johannesburg Area, South Africa

Led the turnaround of a $180m Health, Life, Accident and Travel business in South Africa and the Consumer Lines Division that consisted of Commercial and Individual, Supplemental Medical, Life, A&H and Personal Lines products. Full P&L responsibility for all areas of the business serving 888k direct and 8m group policyholders with 88 direct and c750 TPA headcount. Led the pricing underwriting, product development and distribution expansion across 15 countries in the CECIS region as the VP and… Show more Led the turnaround of a $180m Health, Life, Accident and Travel business in South Africa and the Consumer Lines Division that consisted of Commercial and Individual, Supplemental Medical, Life, A&H and Personal Lines products. Full P&L responsibility for all areas of the business serving 888k direct and 8m group policyholders with 88 direct and c750 TPA headcount. Led the pricing underwriting, product development and distribution expansion across 15 countries in the CECIS region as the VP and Regional Underwriting Manager.Key Accomplishments:♦ Launched several financial management programs and products development strategies that generated material cost and expense reduction across several organisations. ♦ Established several critical growth initiatives at AIG, CECIS that accounted for diversified business growth of 322% ($120m) with a healthy combined ratio of 86%.♦ Facilitated the launch of 35 new regional products and distributions channels that generated new annualised premium of $32m.♦ Introduced underwriting analytics & anti-fraud programs that led to an increase in annualised net profit by $10m USD♦ Managed, developed and coached underwriting teams within the 15 countries in the CECIS region in portfolio control, account shaping, trend analysis and producer & pipeline management skill sets. Show less

Uk

United Kingdom

Prior positions

Bachelor Of Science (Bsc), 2:1 Honours

Internet Marketing Course, Marketing, 10 Week Course