ROBERT J. DUQUETTE

East Hartford, CT *****

Cell 860-***-****

Email: ab85jc@r.postjobfree.com

CAREER OBJECTIVE: A senior financial or operational position that

utilizes my educational and work experiences in the finance, treasury and

accounting disciplines leveraged by process enhancement techniques gained

through General Electric's Six-Sigma Certified Black Belt program.

QUALIFICATIONS SUMMARY:

Financial professional with more than twelve years of experience in CFO

and Controllership roles proceeded by years of progressive accounting and

treasury experience: managed the settlement and accounting operations

related to short-term securities and foreign exposure hedge operations;

directed the treasury unit of a major health-care insurer performing cash

management, bank relations and investment management functions rising to

Treasurer of affiliated HMO's. Streamlined financial operations of a

manufacturer as its CFO / Controller. Acted as an IT Project Manager of a

life insurer in its long-term care (LTC) division which led to the Finance

Head position of a subsidiary of General Electric. While at GE, completed

its process improvement training, Six Sigma program, at the Black Belt

level to include oversight of various process optimization projects

utilizing data mining techniques. Most recent roles include Controller /

CFO of a start-up LTC insurer with over $1 billion in assets with

reinsurance operations in Bermuda and project controller of a major

healthcare insurer.

EMPLOYMENT HISTORY:

Robert Half International, Inc., Hartford, CT (2013 to Present)

Consultant to a large health insurer as a project controller.

Responsibilities include the development of forecast expenditures on

numerous IT projects with a combined annual spend of approximately $400m.

Role requires close interaction with department heads, project managers

and other stakeholders to finalize current- and five-year forecasts,

annual plan and other interim targets. Provide insightful variance

analysis of actual results against projections. Recommend and implement

process improvements to increase unit effectiveness.

Ability Resources, Inc., Framingham, MA (2007 to 2012)

VP & Controller of this LTC start-up insurer with an invested asset base

of over $1 billion. Responsible over domestic U.S. and Bermuda insurance

company statutory and consolidated corporate reporting based on generally

accepted accounting principles (GAAP). Also responsible for other

corporate financial functions to include investment accounting, liquidity

management, investment guideline compliance, risk management, external

reinsurance audits and the corporate audit.

Significant Accomplishments:

Designed the GAAP reporting system and accounting consolidation process of

the U.S. and Bermudian parent holding companies. Presided over the

process to convert accounting functions to SunGard's EAS system.

With CFO, established investment guidelines to ensure compliance to

statutory regulations of multiple jurisdictions, and with the lead

investment manager, established and maintained controls to ensure

investment guideline compliance.

Developed corporate wide liquidity process and variance analysis designed

to optimize investment portfolio returns and influence intra company

funding methods. e.g., debt vs. equity.

Assisted with the design of a corporate risk management matrix utilizing

Six Sigma tools. Also responsible for the placement of corporate

insurance coverages.

Established reinsurance client audit programs to include Six Sigma

methodology. Performed audits and successfully negotiated key control

improvements with clients while reaping in excess of $500k in favorable

audit adjustments. No material audit adjustments recommended by the

company's external auditors.

General Electric Corp., Fairfield, CT (2002 to 2007)

Financial Head of the LTC business segment of an insurance company

affiliate primarily responsible for all financial reinsurance processes of

this $350 million organization with reserves totaling over $2.5 billion.

Also earned Six Sigma Black Belt certification with a two-plus year stint

within the GE Quality organization.

Significant Accomplishments:

Partnered with the LTC business leader to develop LTC business strategies

including new business and exit tactics.

Provided insightful analysis of financial results inclusive of a $120

million reinsurance pool. Challenged inputs by accounting staff and

Actuarial with multi-million dollar adjustments realized per quarter.

Skillfully managed external and internal audits with no material comments.

Effectively engaged the LTC team to discovered treaty compliance issues.

Played a key role to mitigate the risk of treaty non-compliance. Directed

financial audits of external reinsurance clients.

While in GE Quality, extensive use of process maps (using Visio) and other

statistical analysis (using Minitab) to significantly improve an agent

recruiting system for a major GE external client. Developed an internal

financial accounting and reporting system for the largest LTC reinsurance

block. Also mentored various Green Belt projects each having a material

operational impact.

GBR Systems Corp., Chester, CT (1997 to 2002)

Chief Financial Officer-Reporting to the Vice President and General

Manager of this manufacturer of high speed paper handling equipment with

additional reporting duties to its German parent company. Responsible for

all accounting, finance, treasury, risk management, and 401(k) fiduciary

functions.

Significant Accomplishments:

Led the role to develop with management sound business strategies and

plans.

Provided an additional source of working capital by successfully

negotiating a revolving line of credit within the banking sector. Also

responsible for all foreign exchange activities including exposure

management.

Initiated safeguards over corporate assets to include an effective use of

letters of credit with foreign sales, enhancements to risk management

policies and inventory practices and procedures.

Significant contributor to the analysis supporting the decision to upgrade

the company's computer network and operational software. Led efforts to

enable system modules to become operational.

Responsible for the selection of investment vehicles for the company's

401(k) plan.

Aetna Inc., Hartford, CT (positions prior to 1997)

Aetna Inc., Hartford, CT (HMO Treasurer)

Treasury Director, Aetna Health Plans-Reporting to the divisional Vice

President & Controller of this national health-care insurer with revenues

in excess of $7.5 billion. Primarily responsible for the review,

establishment and maintenance of sound cash management practices, bank

relations and risk management throughout the division. Also responsible

for the liquidity, surplus and debt management of approximately 25

health-care subsidiaries. Led or participated with varied financial

consulting projects that reaped material benefits.

Significant Accomplishments:

Launched the AHP treasury group at the request of senior management to

ensure divisional cash resources are optimized.

Reorganized treasury field operations to realize synergy while reducing

operational costs.

Developed investment strategies and respective guidelines with portfolio

managers that added 75 basis points to subsidiary yields.

Instituted a capital management program at the subsidiary level, which

significantly reduced the need for parent company capital.

Recommended and implemented changes to premium collection functions that

increased cash flows by $25 million.

Aetna Inc., Hartford, CT (Investment Operations Manger)

Investment Operations Manager-Responsible for unit operations specialized

in short-term securities settlement functions with annual transaction

volume approximating $1 trillion. Worked closely with portfolio traders

to resolve settlement issues. Provided accounting and reporting services

in support of corporate money-market mutual funds. Also directed the

settlement and accounting functions of the corporate foreign hedge unit.

Provided FX trader performance reporting and assisted with efforts to

quantify the corporation's foreign exposures.

Significant Accomplishments:

Developed a system with our lead custodial bank to automate the majority

of the security settlement transactions that extended the trading day and

increased unit productivity.

Worked with the head of the foreign risk management group to develop an FX

trading performance and loss-limit measurement system, which significantly

influenced the corporate FX hedge program.

Aetna Inc., Hartford, CT (Subsidiary Controller & Investment Operation

Administrator)

Controller / Senior Administrator-Acted as the Controller of an Aetna

subsidiary dedicated to the operations of its oil and gas ventures and

Controller of a subsidiary involved with a leased semi-submersible

drilling platform. Responsible for all general ledger accounting

functions, computer hardware and software administration, review of tax

returns, policy compliance and corporate reporting. At the parent company

level, supervised the private bond settlement functions, related swap

accounting and portfolio pricing activities including all filings with the

Securities Valuation Office of the National Association of Insurance

Commissioners.

EDUCATION:

Central Connecticut State University, BS in Accounting. University of

Hartford, MS Professional Accounting.

PROFESSIONAL ORGANIZATIONS:

National member of the Association for Treasury Professionals. Earned the

Certified Cash Manager (CCM) designation. Upgraded designation to

Certified Treasury Professional (CTP) in 2003 - designation kept current,

through 2015, with continuing education credits. Earned the GE Six Sigma

Black Belt certification in 2005.

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