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Insurance Account Executive

Location:
Mission, KS, 66205
Posted:
December 21, 2010

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Resume:

Adam J. Cantu

**** ****** **., *******, ** *****

****.*.*****@*****.***

913-***-**** (cell)

WORK EXPERIENCE:

Lockton Companies, LLC – Kansas City, Missouri

Assistant Vice President – Account Executive

October 2007 – October 2010

• Maintained surety needs for Lockton insurance clients across six Lockton offices

• Lead contact and team leader ensuring all surety needs of our clients were being properly serviced

• Responsible for accounts needing one bond or accounts with aggregate limits exceeding $100,000,000

• Prepared RFP responses for prospective insurance clients

• Analyzed financial statements, work on hand schedules and other pertinent information for contractors,

manufacturers and home builders

• Reviewed and analyzed all contracts and related bond forms, to identify any potentially hazardous clauses for our

contract client

• Prepared full and detailed underwriting packages to ensure our client received the best terms and conditions

• Facilitated underwriting meetings with the client and surety markets

• Periodically reviewed account terms and conditions to confirm they exceeded market expectations

• Prepared, participated and organized surety presentations for Lockton associates, as well as outside organizations

RLI Insurance Company – Chicago, Illinois

Sr. Commercial Surety Underwriter

September 2002 – October 2007

Responsibilities:

• Frontline underwriter for all commercial brokers in the Midwest for accounts needing up to $50,000,000 in surety

capacity

• Managed a book of business that exceeded $2,000,000 in premium

• Reviewed financial statements, bank agreements, credit reports, industry news, bond mix, contracts and other

pertinent information in order to make a decision on a new submission

• Annually updated home office on existing accounts - financial profile, bond risk, industry news and other

noteworthy changes

Accomplishments:

• Maintained a combined ratio under 100% in 2003, 2004, 2005 and 2006

• Achieved a minimum 15% growth in written premium year over year

• Tripled the Midwest written premium in three years while purging the book of transactional business

Household International – Prospect Heights, Illinois

Credit Analyst

September 2000 - September 2002

• Developed criteria for loan campaigns to maximize ROE and response rates

• Prepared reports to summarize each campaign for upper management

• Tracked previous campaigns to review response rates, delinquency trends and profitability

EDUCATION:

University of Illinois at Champaign-Urbana

• Bachelor of Science degree in Finance - May 2000

LICENSES AND DESIGNATIONS:

• Associate in Fidelity and Surety Bonding

• Kansas and Missouri Property and Casualty Insurance Licenses



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