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| Desired Industry: Healthcare |
SpiderID: 9888 |
| Desired Job Location: Hartford, Connecticut |
Date Posted: 11/24/2006 |
| Type of Position: Full-Time Permanent |
Availability Date: 12/04/2006 |
| Desired Wage: 125,000 |
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U.S. Work Authorization: Yes |
| Job Level: Management (Manager, Director) |
Willing to Travel: Yes, Less Than 25% |
| Highest Degree Attained: Bachelors |
Willing to Relocate: Yes |
Objective:
To secure a challenging and rewarding risk management position with a healthcare company that has demonstrated a significant commitment to the implementation of a comprehensive risk management program.
Experience:
WELLPOINT, INC., Indianapolis, Indiana 1994 - 2006
(A Fortune 40 national health insurance company with annual revenues of over $51 billion and employing more than 42,000 people. Subsidiaries included a large Pharmacy Benefit Management company, Dental, Life Insurance and Vision benefit companies.)
Insurance and Risk Manager: Blue Cross and Blue Shield of Connecticut, Inc. (1994 – 2000)
Director, Corporate Risk Management: Anthem, Inc. (2000 – 2005)
Director, Enterprise Risk Mitigation: WellPoint, Inc. (2005 – 2006)
·Designed and implemented a professional
liability risk identification and
mitigation program that decreased the
rate of litigation filed against the
company by over 30%.
·Designed and successfully placed a $150
million Directors and Officers
liability program and a $200 million
Errors and Omissions liability program
during hard market conditions.
·Determined most cost effective risk
retention levels based on loss history
and market conditions.
·Managed the risk management due
diligence and integration for 6 mergers
and acquisitions.
·Directed the activities of a
cross-functional team that decreased
the company’s workers’ compensation
experience mod from 1.79 to less than
1.0 over a three-year period.
THE MATHOG AND MONIELLO COMPANIES, INC., East Haven, Connecticut 1992 - 1994
(A privately held, regional insurance brokerage that also provided risk management consulting and workers’ compensation TPA services. One of Business Insurance magazine’s 100 largest insurance brokerages by revenue prior to its acquisition by a large statewide bank.)
Risk Unit Manager
·Managed the risk management and client
service functions for a $40 million
multi-line book of insurance accounts.
·Key contributor to the reorganization
of the company’s operating structure
and workflow processes.
·Risk management consultant for key
accounts in a broad range of
industries.
VETERANS MEMORIAL MEDICAL CENTER, Meriden, Connecticut 1986 - 1992
(A multi-campus, 236-bed acute care general hospital that was a member of the larger Connecticut Health System and employed more than 500 people.)
Director, Risk Management and Loss Control
WWII Veterans Memorial Medical Center (1986 – 1991)
Veterans Memorial Medical Center (1991 – 1992)
·Designed and implemented the company’s
first coordinated risk management
program.
·Participated in the management of a
captive insurance company providing
medical professional liability coverage
for 3 hospitals and over 200 admitting
physicians.
·Responsible for compliance with state
and federal safety and risk management
regulatory requirements.
Education:
B.A., Political Science
Central Connecticut State University
New Britain, Connecticut
Associate in Risk Management
Insurance Institute of America
Malvern, Pennsylvania
MBA classes
Quinnipiac University
Hamden, Connecticut
Skills:
Risk Management Executive with 20 years of comprehensive risk management experience working for large, complex organizations, including publicly traded companies. Proven ability to decrease the total cost of risk for all previous employers. Particular expertise includes:
Risk Financing
·Risk financing program design including
use of traditional insurance, captive
insurance companies and other
alternative market risk financing
vehicles
Risk Control
·Professional liability risk
identification, mitigation and claims
management
·Workers’ compensation and premises
liability safety, claims management and
cost control
·Contract drafting and review for
insurance requirements and
indemnification matters
Program Administration
·Collaboration with operations
management to achieve targeted risk
management goals
·Strong data management and analytical
skills leading to focused risk
management actions
·Insurance budgeting and premium
allocation methodologies
·Staff recruitment, training and
development
·Excellent insurance renewal management
and negotiation skills
Additional Information:
I am a risk management professional with twenty years of experience in healthcare related industries where significant professional liability exposures were key components of their overall risk profile. During the course of my career I have designed and implemented the first comprehensive risk management programs for several companies, including hospitals and health insurance companies.
My risk financing experience includes the use of traditional risk transfer mechanisms such as commercial insurance and alternative risk financing vehicles such as captives and a self-insured trust. I have experience in the administration of large deductible programs as high as $50 million per claim and in several different lines of coverage.
I am a strong negotiator with insurance markets and have the ability to present the company in the best light to underwriters. I am familiar with both domestic and international insurance markets and have experience going to market for companies in industries with high exposure risk profiles during difficult market conditions. I am able to determine the most appropriate deductible/retention levels for a company based on its claims history and the prevailing insurance pricing/market conditions
I also have significant experience in designing risk identification, reporting and control programs, with an emphasis expertise on professional liability. However, my risk control expertise is not limited to professional liability. I also have extensive experience in workers’ compensation risk control and claims cost containment programs. In the past, I have utilized my strong analytical abilities to identify root causes of claim trends and to implement target risk management actions to address the trends. I have a long history of working very collaboratively with operations management and can provide strong references from executives in support of my candidacy for this position.
Lastly, I have successfully organized and administered all of the elements of a risk management office, including insurance budgeting, contract review and the development of risk financing allocation systems designed to create “risk accountability” at the operating level.
Reference:
Cynthia S. Miller, SVP, Chief Valuation Actuary and Chief of Staff
WellPoint, Inc.
120 Monument Circle
Indianapolis, IN 46204
(317) 488-6011
cindy.miller@wellpoint.com
Elizabeth Travers, Tax Manager
Yale University
155 Whitney Avenue
New Haven, CT 06511
(203) 432-6120
elisabeth.travers@yale.edu
Candidate Contact Information:
| Name: Mark Fitzgerald |
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| Street: |
Phone: (203) 239-7780 |
| City: North Haven |
Fax: - |
| State: Connecticut |
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| Zip: 06473 |
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| Web Site: |
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