Vice President Insurance

Elise L. Fitzsimmons, ARe, CPCU

573-***-****

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Columbia, MO 65203

Proven track record in delivering results. Demonstrated ability to turn around reinsurance operations to highly

profitable levels through production and expense reduction. Noted for creativity, initiative and ability to meet

pre-established deadlines. Skillful negotiator with highly developed interpersonal skills. Experienced at all

aspects of reinsurance operations including reinsurance buying.

Axiom Reinsurance, Chicago, IL 2008 – Present

Broker Consultant for Reinsurance Brokerage Company. Concentrating on entry into the Texas Mutual

Company Marketplace. Duties include Soliciting business, review of financial statements and submissions,

design of reinsurance programs and dealing with customer issues.

Shelter Insurance Companies, Columbia, Missouri 2003 - 2007

Director of Reinsurance Operations

Responsible for Assumed Reinsurance Operations. Responsibilities included: underwriting (pricing, terms &

conditions), accounting, business plan, budget, reinsurance contracts, SOX, and claims (reserving,

commutations and payments).

Accomplishments include:

! Developed strategy and implementation of a regional company campaign designed to fit Shelter

Mutual’s diversification strategy.

! Developed ability to lead and offer meaningful capacity through aggressive monitoring of aggregates

and return on exposure.

! Worked with brokers and clients to design optimum reinsurance program for client companies.

! Led audit teams to client companies for reinsurance compliance and to assist the client company’s

underwriting and production efforts.

! Increased writings by 250 percent producing record profits. The 2007 year had record premium volume

for reinsurance’s 22 year history.

! Increased surplus through profitable growth by 60% over four years.

! Reduced expense ratios by 22% though technology enhancements including imaging, paperless

environment, monitoring expenses and commission levels.

AEGIS Insurance Services, Jersey City, NJ 1997 – 2003

Vice President – Reinsurance

Responsible for all aspects of functions related to ceded and assumed reinsurance.

Accomplishments included:

! Established new product lines for AEGIS as a key member of development teams. Product line

successes included Property, Errors and Omissions, Cyber risk and Terrorism Insurance.

! Chairperson of Reinsurance Security Committee for review of reinsurer’s financials. Review included

commutation proposals, and LOC requirements.

! Continuous review of primary policy and reinsurance treaty wording for comprehensive coverage

analysis to insure exposures, coverages, and exclusions are inclusive and complete.

Elise L. Fitzsimmons, CPCU, ARe

673-***-****

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Gerling Global Reinsurance Corporation of America, New York, NY 1995-1997

Assistant Vice President

Responsible for treaty underwriting, production, and servicing in the Midwest. Portfolio included property risk

and catastrophe programs, commercial casualty and auto. Accomplishments included establishing new

relationships from broker firms which produced on profitable business, conducting audits and review of contract

and policy wording for treaty clients. Responsible for handling special acceptances of primary exposures.

Security Reinsurance Companies, Farmington, CT 1993 – 1995

Assistant Vice President

Responsible for overall treaty marketing and underwriting a reinsurance treaty portfolio

of $53 million.

Travelers Insurance Companies, Hartford, CT 1982 – 1992

Reinsurance Director

Responsible for reinsurance buying for short tail lines. On ceded reinsurance contracts: negotiated terms &

conditions, pricing, contract wording, and reinsurers. Chair of reinsurance security committee. Also

responsible for accounting, claim notification; and claim collections.

Aetna Insurance Company, Hartford, CT 1980 – 1981

Actuarial Analyst, Duties included filing for rates and forms.

General Reinsurance, Greenwich, CT 1976 – 1980

Rate Analyst and Client Service Representative

Education

Pace University Finance Masters of Business

Administration, 1982

Hofstra University Mathematics Bachelor of Science

Cum laude, 1976

Associate in Reinsurance from American Institute for Chartered Property and Casualty Underwriters

(ARe), 1994.

Chartered Property and Casualty Underwriters from American Institute (CPCU), 1997.

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