Robert Pan Email & Phone Number

San Dimas, CA, US

• $500M company based in San Dimas, CA. American States Water Company is comprised of two utility segments: Golden State Water Company and American States Utility Services. Golden State Water provides water to over 1.
• Saved $150K through self-initiated staffing reductions and hiring more capable employees for the remaining positions.
• Executed 1M shares of equity issuance @ $31 per share.
• Successfully executed a $100M syndicated credit facility with 3 years duration at 120 BPS spread. Amended and restated 3 years later with a 5 year duration at 65 BPS spread.
• Executed a $40M private placement debt at 6.7% coupon rate in 2009 (10 year duration).
• Issued $62M of debt and redeemed $30M between 2011 and 2012.

Woodland Hills, California, US

• HEALTH NET, INC. (NYSE:HNT) $12B managed care organization that delivers managed health care services through health plans and government-sponsored managed care plans.Led a staff of 7 responsible for annual and.
• Streamlined the process for financial disclosures on the annual and quarterly statutory filings.
• Worked with the Data Management team to implement margin reports for both HMO and Life product segments which resulted in the elimination of a manual reconciliation process and improved reporting lead time.

• $45B diversified health care company serving the markets for health benefits through UnitedHealthcare and the growing markets for health services through Optum. Led a staff of 6 responsible for a $1B PPO market’s month.
• Streamlined the month end process reducing the close from 9 to 4 days.
• Partnered with the Information Technology group to implement a reinsurance lag triangle database allowing the timely and accurate estimation of the yearly experience fund pool.
• Part of the integration team that successfully centralized accounting functions on two acquired health plans allowing the Company to achieve its projected post acquisition profit margin.

Woodland Hills, California, US

• Responsible for creating reports and explaining variances in monthly healthcare costs. Prepared quarterly and annual company financial statements for the subsidiary Board of Directors. Major accomplishments include:
• Partnered with Information Technology to implement automation reports, streamlining the monthly healthcare cost closing cycle by 80%.
• Spearheaded the effort and worked with Information Technology to develop an analytics capability via the web for senior management to gain visibility into claim trends and margins.
• Member of team responsible for the successful transition of the subsidiary accounting function to Corporate.
• Streamlined the process for financial disclosures on the annual and quarterly statutory filings.

US