Engineer Software

Mandar Kolgaonkar

Mandar Kolgaonkar has more than 17 years of diverse experience in the

IT industry working in senior capacity/lead in different areas like

Architecture, Solution, Development and Business. During the course of his

career, he has worked for Financial- Insurance, Telecom and Graphics

related Software Product companies within various units like Risk

Management and R&D. He has designed and deployed diverse set of high

performance software applications and frameworks applying object oriented

design principles and patterns using languages like Java and C++. Currently

he is working at CNA Financial which is a Fortune 500 insurance company.

His primary responsibilities include designing and building pricing and

risk-management quantitative applications to calculate pricing and risk

based on mathematical/statistical models developed by Quants/Actuaries for

different business units like Large Property, Casualty and Reinsurance.

As a part of his MBA program he has completed courses in Risk

Management, Advanced Derivatives & Pricing, Econometrics and

Macroeconomics. His final project for Econometrics course consisted of

building a quantitative alpha macro-economic (Regression & Simultaneous)

model using STATA with the goal of interpreting effects of statistically

significant financial and economic factors (Time-series) which influenced

the S&P500 index. He has also implemented options pricing models in Java

using Monte Carlo and Finite difference methods.

Education:

. University of Bombay - Bachelor of Engineering: Computer Science (Honors)

. DePaul University- MBA (2011): Finance & Applied Economics (Distinction

GPA: 3.75)

Immigration Status: US Citizen

Contact Information:

. Email: ************@*****.***

. Phone: 312-***-****

CNA Financial. - U.S.A.

Designation: Sr. Architecture January 2002 - Present

Specialist

Roles and responsibilities:

- Develop and implement innovative and effective solutions to diverse

and complex business problems.

- Design and implement quantitative pricing and risk-analysis models

designed by Quants/Actuaries belonging to various risk-management

groups for various lines.

- Participate in the development, specification and communication of the

firm's technology architecture plan, the infrastructure components

required to support it, and in the integration of corporate and

business area architectures.

- Provide guidance to others informally and formally and lead teams from

inception to deployment. Managed teams from 5 to 15 members working in

multiple time zones (UK and India) with project budgets ranging from

100k to 1 Million dollars.

Modules Designed and Implemented:

Risk Analysis Pricing Information Decision (RAPID) is an enterprise

application for Large Property business unit to capture and process

location information, manage account information, rate and calculate

premiums for accounts with excess of 100 million dollars of insured

value.

The application was developed using J2EE WebSphere server and JAVA Swing

client.

. Catastrophe modeling module: Implemented and maintained quantitative

risk models for Fire, Wind, Earthquake, Flood and Terrorism risks.

These models used policy deductibles/limits and geographical

characteristics of the locations to calculate catastrophe risk for a

given account. Server design incorporated simultaneous processing of

multiple jobs each capable of analyzing and data-mining information

for two to three million plus locations based on 500 plus rules.

. Integration of MS-Excel/VBA based statistical Rating engine with

versioning capabilities within RAPID to allow underwriters to

calculate premiums for Large Property policies.

. Address broker server: Scalable and robust JAVA server (Threading and

Queuing mechanism utilized) capable of processing thousands of

locations simultaneously at real-time for multiple clients. The server

enhanced a location based on the user request by retrieving or

calculating various attributes related to geocoding, earthquake,

flood, terrorism, taxes, etc.

. Location intelligence solution which incorporated RMS flood and soil

data and introduced sophisticated set of visual tools to allow the

underwriters to perform advanced and detailed data analysis.

. Designed and developed Java/C++ based quantitative pricing framework

for calculating premiums, losses for various lines of business for

Smart-Writer, which was the primary underwriting application for CNA

Reinsurance business unit.

Neumark Technology Group - U.S.A.

Designation: Senior Managing Consultant May 1998 - Jan 2002

Roles and responsibilities:

- Lead and directed multiple teams from inception to deployment for the

modules described in the section below.

- As the Architecture lead, set the technical direction and standards

for all the software development within the risk management group.

Researched and evaluated new and/or alternative solutions and

technologies to enhance operational effectiveness and reduce costs.

Modules Designed and Implemented:

Unified Pricing System was a large integrated system for analyzing risks

and developing prices for all of casualty and claims related services

offered by Risk Management organization of a large insurance institution.

The system completely automated and added more rigor and oversight to the

pricing and work flow process of around 40 to 70 underwriters.

Casualty pricing module: The casualty module of the system captured a

customer's historical exposure and loss experience in order to project

future losses. The captured and developed information was then used to

create multiple insurance and related services alternatives.

Claims pricing module: This module was a configurable pricing engine used

to price and calculate various claims services taking into account loss

history, claim counts and splits.

. Designed and developed multiple Java based Visibroker-ORB servers from

the ground up to manage the business and persistence mechanism.

Critical requirements like server memory management, data integrity

via object locking, inter-server communication, client cleanup via

heart-beat mechanism were developed.

. Designed and implemented a critical security framework which was

extensible so that it could be adapted by any server or client within

the UPS domain. The framework utilized Visibroker-ORB interceptor

mechanism.

Corel/WordPerfect Corporation - Canada

Designation: R&D Software January 1996 - April 1998

Engineer

Modules Designed and Implemented:

. Developed a graphics engine based on various mathematical equations

with a diverse set of API capable of rendering complex 2D shapes with

a wide range of complex attributes, fills and colors.

. Primary developer of the new Java-based WWW graphics publishing

technology know as "Barista". This technology enabled users to publish

documents directly as web pages while retaining all the graphics, text

and tables formatting information to get WYSIWYG documents on the Web,

thereby overcoming limitations of HTML. This technology was

incorporated in leading word processing (WordPerfect) and graphics

applications suites (Corel-draw, Ventura, etc) and used as a major

marketing tool during the new release of the office suite.

Blue Star InfoTech - India

Designation: Software Engineer March 1995 - January 1996

Modules Designed and Implemented:

. Developed Laboratory information management system using Microsoft

Visual C++ 1.52, MFC and Oracle for a Belgium based client. The

application was designed to manage the workflow within a lab and could

optimize and automate the tasks for collection, analysis, retrieval,

and the reporting of the lab data.

. Developed several prototypes for customized visual components and

created software techniques for displaying multiple European languages

as per client specifications. These prototypes played a significant

role in winning the multimillion dollars contract.

Kanazia Digital Systems Pvt. Ltd. - India

Designation: R&D Software Engineer January 1994 - March 1995

Modules Designed and Implemented:

. Designed and developed EPBAX Traffic Analysis Application using

Microsoft Visual C++ and Windows SDK which integrated with the MD 110

PBX from Ericsson. The software would analyze the call data at real

time to provide critical traffic information such as total traffic,

total calls, average call length, etc. as well as operator performance

data such as average speed of answer, average talk time, etc.

. Researched and developed a Terminate and Stay program on DOS platform

so that call output from ROLM PBX from IBM could be captured and

integrated into various in housing reporting and billing programs to

provided added value to the clients.

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