Insurance Management

John M. Gagan

Home Address: ** ******** *****, **** ****, CA 94015

E-mail: *******@*****.***

Cell Phone: (925) 683- 2088

Objective: Seeking a leadership position in corporate risk management.

Summary:

With more than 20 years of insurance and risk management experience, I have provided leadership and guidance to corporate customers on underwriting and other insurance- related matters. I have contributed actively to corporate strategic planning and portfolio management. In addition, I have overseen the strategic functions of underwriting production, regulatory compliance, corporate audit, premium services, staff development, and product design / innovation. I have worked extensively with national and regional brokers on the placement of insurance in all states. Key highlights of my technical strength include:

• More than 20 years experience underwriting general liability, auto liability, excess liability and workers compensation

• Loss sensitive program designs & pricing techniques

• Alternative risk solutions, including captives & self- insurance

• Financial analysis & collateral methods (LOCs, Cash, Trusts, Surety, etc.)

• Loss forecasting & loss development analysis

• Contract (Indemnification, Program Agreement, etc.) analysis & negotiation • Coverage analysis & negotiation; Insurance Policy wording analysis

• Contractual risk transfer methodologies & tools

• Carrier service team coordination & implementation

Experience:

CompWest Insurance Company

San Francisco, CA

2010 – 2012

Corporate Underwriting Director / Managing Director

As a member of senior management, I contributed to corporate strategic planning, portfolio management, regulatory compliance, underwriting audits, staff development, product design and innovation. I was accountable for company- wide adherence to Corporate Underwriting guidelines ensuring the discipline and consistency of our superior underwriting tradition. I handled account referrals from underwriting staff for Small Accounts, Middle Market and Large Accounts. I was Managing Director and Strategic Business Unit Head of CompWest's Large Accounts division; responsible for growing the risk management footprint of the enterprise by producing and servicing large clients with custom tailored loss- sensitive programs and innovative solutions. In addition, I managed the Premium Services Team responsible for performing premium audits for our policyholders.

Core competencies:

• Providing leadership, guidance and informed advice on all underwriting matters

• Resource, coach & mentor to staff, for risk selection, prequalification, account exposure and control analysis

• Maintaining and advancing underwriting discipline through audits, staff training and preparing new guidelines

• Ensuring compliance with regulatory and statutory requirements; also serving as liaison with regulators & auditors • Maintaining the highest level of underwriting authority in the company, under the President

Travelers Insurance Company

San Francisco, CA

2004 – 2010

Strategic Underwriting Officer

Responsible for casualty practices (GL/Auto/WC) in the National Accounts division, actively overseeing the management of $150,000,000 in premium volume. Accountable for achieving improvement in new business and renewal retention targets, as well as, strengthening loss- sensitive program structures/pricing and enhancing financial risk positions through credit risk analysis and collateral usage. Responsible for executing collaborative underwriting reviews (C.U.R.E. Process) with underwriters on accounts in each of three West Region offices.

Core competencies:

• Assisting underwriters in effective risk prequalification, marketing analysis and strategy development

• Optimization of pricing and expense recovery elements through leveraging of account specific variables • Strategic mapping of business objectives, corporate guidelines, and region- wide budgeting and planning • Book diversification and risk analysis by industry and line of coverage, with U/W authority up to $5MM

• Carrying out region- wide underwriting audits and maintaining documentation to ensure SOX compliance

Swiss Reinsurance America

San Francisco, CA

2000 – 2004

Senior Underwriter, Casualty

Produced and managed a profitable portfolio of primary and excess casualty reinsurance accounts for a broad array of international, national and regional insurance carriers in the Western U.S. I was accountable for creating client and line- of- business diversification strategies, maintaining an energetic marketing level, and handling the underwriting of clients’ treaty exceptions.

Core competencies:

• Pricing techniques/models, including exposure rating, loss rating, penetration analysis and layer funding

• Technical strength in Workers Compensation, General Liability, Automobile and Umbrella

• Emerging risk trends and litigation patterns, industry- specific exposure characteristics and hidden hazards • Excess pricing and limits structures, as well as, risk- based capacity allocation

Zurich Financial Services Group

San Francisco, CA

1994 – 2000

Account Manager, Casualty

Managed the Northern California production underwriting team for the National Accounts division, generating a profitable book of business including corporations in the Fortune 500. Supervised two underwriters and managed my own accounts, with binding authority to $5,000,000 in EAP. Achieved top- line production targets and profitability goals. Mentored staff to ensure underwriting development, including the creation of business and marketing plans. Core competencies:

• Risk financing programs, cashflow structures (deductible/retro), SIRs, excess WC, Texas Opt- outs, captives • Negotiating contract language, manuscript policy wording and collateral requirements

• Comprehensive client servicing, including service transition plans and stewardship reports

• Evaluating retro close- outs, deductible and SIR aggregate buy- downs and loss portfolio transfers

Wausau Insurance Company

San Francisco, CA

1991 – 1994

Casualty Underwriter

Performed all facets of marketing, underwriting and pricing of commercial lines accounts involving all casualty coverages including workers compensation. Supported national and regional brokers in a broad territory including Northern California, Hawaii, and the Pacific Northwest. Initiated and monitored activities of the account service teams to ensure client satisfaction and enrich broker relationships. Managed a large book of business with an average size of $750,000 in premium. Achieved new business production and renewal retention goals.

Education:

St. Mary’s College of California (Moraga, CA)

1991

B.S. in Business Administration

Major in Finance, Honors Program

Minor in Economics

Affiliations:

Member of the WCIRB’s Classification & Rating Committee in 2011- 2012

Participant in local RIMS and CPCU chapter activities, as an associate member

Contact this candidate