Russell's InformationLocation: YORKTOWN HEIGHTS, NYExperience: 12+ yearsWilling to Relocate: NoWilling to Travel: No TravelCareer Level: IntermediateWork Status: Green CardMember Since: 2012-08-14 Helpful Links
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Russell Ian Bilton
SUMMARY
Accomplished Insurance Professional with substantial experience in Management Liability product lines, Professional Liability, Accident and Health as well as Personal Lines coverage’s.
Proven ability for meeting or exceeding budgets, as well as relationship building internally and externally, and an effective communicator.
PROFESSIONAL EXPERIENCE
Marsh US Consumer, New York, NY 2005 to 2010
Global Client Executive – Brands DivisionManaged and led a team of 7 people globally, handling the MasterCard Cardholder Solutions insurance placements, insurance program strategies and general administration, working closely with the client on a daily basis. Grew the book of business approximately 15% annually.Scheduled weekly meetings with underwriters for the improvement of products and services provided.Main areas of Cardholder coverage’s are embedded benefits such as Accident and Health and Personal Lines Products including but not limited to Accidental Death and Dismemberment, Unemployment Insurance, Extended Warranty and Car Rental or CDW. Developed excellent relationships with both Client and underwriters at all levels.
Marsh USA, Inc, New York, NY
Vice President – PEMA FinproPlayed lead role on a team of 14 working closely with Private Equity Mergers and Acquisitions core group, providing Due Diligence reports for potential acquisitions by Private Equity Companies. Supervised staff of Technical Assistants.Served as Client Advisor for renewal programs for both General Partner and their Portfolio Companies ensuring best available terms. Worked closely with Insurance markets and clients directly for all lines of Management and Professional Liability Products.Transactional Specialist for clients having a local Client Advisory team for renewal programs. New acquisitions for the Private Equity Company. This involved extensive marketing, and negotiating terms and pricing for the client, working closely with the local client advisor as well as core PEMAInstrumental in achieving and exceeding group budget.
Zurich North America, New York, NY 2003 to 2005
Underwriting Manager - GlobalManaged a team of four Professionals overseeing the Bank Unit portfolio.The portfolio in total was about $70 Million, grew this approx. 35% to $96 Million.Underwriting Directors and Officers Insurance, Errors and Omissions Insurance for Banks and Mortgage originators in excess of $5 Billion in Assets. Mutual and Hedge fund Accounts with Assets Under Management in excess of $150 Million REIT’s and Private Equity Accounts for the General Partner Liability, cross marketing where possible.Approximately 25% of my time was spent on New Product(s) and Product EnhancementExcess Blended Programs on many of the worlds largest BanksWorked closely with the Chief Actuary to build pricing and rating models for each line of business.
Russell Bilton ***************@*****.*** 914-***-****
AIG, New York, NY 1995 to 2003
Regional Underwriting Manager (National Union)
Promoted to increasingly higher levels of responsibility for outstanding service to Top Tier.Held full responsibility for the Boston and Philadelphia Regions accounts renewal and growth, and all marketing efforts for Management and Professional Liability new business. Part of a Home Office team that concentrated on the Commercial and National Accounts with Sales in excess of US$100 Million (Commercial) and in excess of US$700 Million (National). Served as product champion for Credit Card and Charge Card accounts with main concentration on Card not Present Transactions.E-Commerce was a specialty line for cross marketing.
Senior Underwriter (Home Office AIU Financial Lines)Oversaw all Regional Managers globally on Fidelity related issues both Commercial and Financial Institutions outside of their authority, which also included Reinsurance issues both Facultative and TreatyFrom a Home Office standpoint liaised with Regional Managers on all Management and Professional Liability Lines (D&O, Fidelity, E&O, EPL and Fiduciary) to achieve and exceed budget.Selected as the point person for any and all queries relating to the suite of Management and Professional Liability (D&O, E&O, Pension Trust, Employment Practices, Fidelity and K&R) this included Policy Development as well as enhancing existing policies for various regions, Latin America, Middle East, South East Asia & South AfricaProduced a new Fidelity Product for JapanKey point person for production of a Credit Card Program for Visa Latin AmericaLead role in a team that produced the NetAdvantage Suite of products – Cyber LiabilityHelped E-Commerce Product Development to finalize a Card Not Present ProductApproximately 50% of my time was spent on New Product Development and Product Enhancement
UnderwriterUnderwrote the Management and Professional Liability Lines products for the North American DivisionExceeded budget every quarterManaged and built the Fidelity portfolio from less than $1 Million to over $4 Million in less than two yearsInstrumental in the increase the overall portfolio from $6 Million to in excess of $12 MillionBuilt an excellent relationship with Brokers of all levels
National Home Loans, Beneficial Bank, Solihull, England 1990 - 1995
British Gas PLC, Solihull, England 1988 - 1990
Her Majesty's Armed Forces 1984 - 1988
EDUCATION
B.A. (Equivalent) SolihullCollege of Technology, Solihull, England
Fluent in Spanish and Portuguese as well as an understanding of German
Financial Statement Analysis course at New YorkUniversity
New YorkState Property and Casualty License