Insurance Management

CAMERON B. WAITE

**** ****** ****, *********, ** 18073

abhjrq@r.postjobfree.com 610-***-****

Seeking a C-level leadership position with a financial services firm committed to growth and serving its community.

EXECUTIVE SUMMARY

Thought-generating, strategic MBA with more than 30 years progressive financial management and executive

leadership in private and public corporate environment. Focused vision of financially prudent growth, blending profit

management and customer loyalty to drive enhanced shareholder returns.

CORE LEADERSHIP COMPETENCIES

• Thrives in a dynamic environment, motivating others through solicitation of ideas and creativity. Embraces

the challenge of emerging issues and uncertainty, moving forward and ready to adjust.

• Tolerance of risk balanced by prudent planning and consideration of consequences and contingencies.

• Determines and articulates vision for the future, charting direction for benchmarked results.

• Balanced, thoughtful approach to decisions impacting all stakeholders, including shareholders, customers and

employees.

• Thorough grasp of market dynamics, policies and practices that can be successfully implemented within the

organization.

• Clearly understands customers' needs and preferences. Empathy is not ignored for profit; it is used as a

means to enhance profit.

• Motivates others through communication, integrity and respect. Maintains unwavering loyalty to company

and conveys that loyalty to management team.

• A quick, relentless, and versatile learner. Can analyze both successes and failures and learn from the

experience.

PROFESSIONAL EXPERIENCE

PRESIDENT & CEO

March 2010 – Present

Anderson-Barclay, LLC, Pennsburg, PA

Formed and led national consulting practice specializing in insurance company management and government relations.

• Wrote business plan and developed financial models for $500MM surplus de nova global reinsurance

operations.

• Removed cease and desist order for commercial liability risk reinsurance group through negotiation with state

insurance department.

• Conducted due diligence and negotiated $5MM book value purchase agreement of property and casualty

insurer.

• Provided lead testimony in Commonwealth Court for $220MM accident and health insurer liquidation

petitions.

• Wrote business plan for continuing TPA operations of liquidated LTC insurers.

• Provided counsel to state insurance department on rehabilitation and liquidation plans for multiple insurers.

EXECUTIVE VICE PRESIDENT, STRATEGIC OPERATIONS

May 2004 – March 2010

CHIEF FINANCIAL OFFICER

May 1996 – May 2004

Penn Treaty American Corporation, Allentown, PA

Chief strategist and CFO responsible for leading direction and all financial aspects of a publicly-traded, capital-

challenged long-term healthcare insurer with $400 million annual revenue.

• Raised $200MM in public equity and convertible debt issues.

• Provided $130MM in additional surplus through innovative reinsurance programs.

• Chaired investment committee responsible for $1.1B portfolio.

• Gained approval of $300MM in annual premium rate increases through negotiation with 50 state insurance

departments.

• Purchased or created multiple insurance and agency subsidiaries allowing for expansion into additional

product markets and all 50 states.

• Listed the company on the NYSE.

• Renegotiated reinsurance treaty for $150MM gain and eliminated warrants representing 35% of company

ownership.

• Co-managed 300 employees, with direct reports from Finance, Legal, HR, IT, Actuarial, Reinsurance and

Policyholder Service.

• Testified before US Congressional committee and numerous courts, arbitrations and mediations as (30)(b)(6)

witness.

• Served as national spokesman in press and trade forums, and as chief contact with rating agencies and state

insurance departments.

CHIEF FINANCIAL OFFICER & TREASURER

September 1994 – May 1996

Blue Fish Clothing, Inc., Frenchtown, NJ

Directed all financial activities and controls for a start-up, high growth apparel manufacturer, wholesaler, and retailer

with $15MM annual sales.

• Took company public through one of the first direct public offerings in the U.S., raising $4MM from existing

customers.

• Implemented new accounting system, inventory controls and planning systems.

• Reengineered cash flow during crisis period using unconventional financing, including $1MM bank line

obtained in one week.

• Added three additional stores nationally, increasing sales by 60%.

VICE PRESIDENT, ASSET LIABILITY MANAGEMENT

April 1983 – September 1994

Independence Bancorp, Inc., Perkasie, PA

Progressive financial management responsibilities for a $3B multi-bank holding company.

• Coordinated implementation strategies for three bank acquisitions, monitoring expense synergy, EPS impact,

and overall merger valuation.

• Managed ALM for $3B investment portfolio, including chairing multiple bank investment committees.

• Created transfer pricing and product profitability models for all investment, retail and commercial products.

BOARD DIRECTORSHIPS & MEMBERSHIPS

• National Alliance of Life Companies – Director, 2005-2011; Immediate Past President

• Penn Treaty Network America Insurance Company – Director, 2008-2009

• American Network Insurance Company – Director, 1996-2009

• American Independent Network Insurance Company of New York – Director, 1998-2011

• Bank Administration Institute – Director, Philadelphia Chapter, 1988-1994

• Zoning Hearing Board – Chairman, Milford Township, 1989-Present

EDUCATION

MASTERS OF BUSINESS ADMINISTRATION – FINANCE & MANAGEMENT

Lehigh University, Bethlehem, PA

BACHELOR OF ARTS -- ECONOMICS

Dickinson College, Carlisle, PA

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