Senior Underwriter, Political Risk & Structured Trade Credit at Chubb Insurance
Allentown, Pennsylvania Area
Senior Underwriter, Political Risk & Structured Trade Credit at Chubb Insurance
Allentown, Pennsylvania Area
(Public Company; 10,001 or more employees; CB; Insurance industry)
March 2008 — Present (10 months)
Evaluate inquiries, make recommendations, and bind cover for Political Risk and Structured Trade Credit insurance with inquiries originating from North American broker plant. Chubb is a Top 5 non-ECA participant in these lines.
Political Risk includes exposure to perils of confiscation, expropriation, and nationalization; as well as, sovereign entities failing to uphold contractual obligations or enacting policy which causes a counterparty to default on performance.
Structured Trade Credit considers insuring of medium-term, single-buyer, structured trade transactions. Typical underlying transactions include pre-export finance deals, open account payment, L/C confirmation, and loans to emerging market banks for trade finance purposes. There must be cross-border exposure between counterparties. Tenor can run to five years, and in the case of pre-shipment periods we can support up to two years.
(Educational Institution; Higher Education industry)
July 2006 — Present (2 years 6 months)
Adjunct instructor for Macroeconomics, and for Introduction to Business Organization (general survey class on business organizations and operations).
(Public Company; CB; Financial Services industry)
April 2004 — March 2008 (4 years)
2.5 years with Chubb Surety have been in the role of Pricing Manager. Assisted and led development of tools and processes for evaluating a risk-adjusted return on capital (RAROC) allocated to the SBU, bottom up analysis starting at a transactional level. Also, led improvements to usage of Moodys KMV RiskCalc tool to better fit contract surety exposures.
Since April-07, selected to participate on home office team for national accounts. Evaluate prospects and existing accounts, and make recommendations for capacity and pricing decisions. Notional exposures to US$1.25 Bn on some accounts.
(Privately Held; 11-50 employees; Pharmaceuticals industry)
January 2003 — July 2003 (7 months)
Evaluated peer data, specifically with respect to out-licensing of human monoclonal antibody IP.
(Public Company; AZ; Financial Services industry)
August 1998 — August 2001 (3 years 1 month)
Surety branch operation in San Francisco. Managed book of business, mostly "middle market" contractors, but also participated in a few, larger commercial exposures. Credit analysis to make recommendations on exposure. Also, assisted in developing tools to migrate some repetitive processes from underwriting staff to lower-cost administrative staff. Developed CRM in Microsoft Access to develop understanding of the territory's activity, including distribution of business by surety companies and by brokers, as well as tracking bid spread by contractor.
(Privately Held; 1-10 employees; Construction industry)
August 1997 — August 1998 (1 year 1 month)
Estimated and managed small commercial projects, typically new construction. Most projects involved setting up the electrical service and grounding system for cellular telephone towers in the St. Louis metropolitan area.
MBA, Finance, Strategy, 2001 — 2003
BA, Economics (major), Geography (minor), 1991 — 1994
Columbia, Missouri 1986 — 1988
finding the better way, understanding the customer's experience, financial modeling
St. Baldricks (http://www.stbaldricks.org). I have participated in two fundraisers to help raise money for cancer research targetting children afflicated with cancer. Chubb Surety has been an active supporter. It's a great cause. ,
Homes for Our Troops (http://www.homesforourtroops.org/site/PageServer?pagename=AboutHFOT), I have only participated directly as a donor. This is a worthy cause. Regardless of your side of the aisle, I think we can all agree that we have a responsibility to do what we can for the US soldier.
AFSB, Kauffman Entrepreneur Internship Program