VP of Claims
Summary
Cover Letter
CurrentLocation US: Phillipsburg, NJ
Industry
Insurance
Compensation
Current: ***,***
Desired: 150,000+
WillingtoRelocate No
PreferredLocations
Travel Availability
MyPerfect Job
DesiredTitle VP of Claims
Cover Letter
Ladies and Gentlemen: I am looking for an ideal VP of Claims position with a well funded company. It can be with a start-up claims operation or an established claims department. My expertise is in the area of enhancing underwriting profitability through a unique claims program I developed over the past 10 years. I can significantly reduce the combined loss and loss expense ratio by up to 10%. I would welcome the opportunity to discuss my background and how it would assist your organization. Sincerely, Walter R. Hnot, Jr.
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Resume
WALTER R. HNOT
ESQ.
2493 Belvidere Road, Harmony, New Jersey 08865
Phone: 908-***-****
** Mobile; 908-***-**** ** Home; E-mail: *****@*********.***
SENIOR INSURANCE EXECUTIVE
Legal Expense Reduction Claims & Risk Management Profitability Enhancement
Broad legal, primary/excess claims and risk management supervisory background with more than 20 years experience in global market. A unique combination of high tech experience with practical application of computers. A persuasive individual possessing powerful negotiating skills, oral and written communication skills, as well as being a very strong manager-motivator. A successful history of dramatically reducing legal expenses including the use of appropriate insurance and risk management techniques. Demonstrated experience in successfully managing outside counsel in litigating hundreds of cases. Resourceful with the ability to assess all issues adequately and to protect the client, insured & corporate interests while enhancing underwriting profitability.
SUMMARY OF QUALIFICATIONS
20 years experience, claims, risk management and reinsurance;
Management of a wholesale brokerage facility;
New Jersey Property, Casualty and Health Producers License;
Significant Loss & Loss Adjustment Expense reduction;
Create, manage and merge claims departments;
Create network of attorneys handling claims, coverage and trials;
Manage 100+ employee claims departments;
Manage legal departments;
Primary/excess: D&O; E&O; PL; GL; Trucking; Products; Environmental; Asbestos; Marine & Aviation; Property; and W. Compensation, Etc.;
Professional Liability: Lawyers, Accountants; Doctors; Architects; Engineers; Insurance & Real Estate Agents; Teachers; Judges; Etc.;
TPA accounts, runoff accounts and subrogation;
Lecturer on claims handling, risk management and profitability;
Market claim services;
Claim and legal audit programs.
PROFESSIONAL EXPERIENCE:
2000
2003Phillips, Hnot & Associates, LLC. (PHA)
As the co-founding, Managing Principal of this wholesale brokerage facility, the responsibilities included:
Managing all aspects of MGA relationship for D&O and E&O classes;
Establishing new markets and other MGA relationships for other classes of business;
Establishing New Jersey and National client base;
Create and review all forms, rates and procedures;
Operate Risk Management and primary/excess Claims Consultation services;
Manage all day to day operations of brokerage facility; and
Produce business.
1994
2000 Tamarack American
(Specialty Lines Division of Great American Insurance Co.)
As the President of Tamarack Americans Claims Division, the responsibilities included:
Creating and building Tamaracks first claims department;
Assisting in achieving underwriting profitability at minimum cost;
Reducing loss & loss adjustment Expense by 10 points;
Managing all aspects of the best Claims Department in the insurance industry;
Establishing a panel of results-oriented, and highly successful defense counsel;
Designing and implementing a paperless claims system;
Overseeing primary/excess claims, runoff, subrogation matters, legal activities, policy drafting, Reg. Compliance and handling all reinsurance matters;
Handling a caseload of large problematic primary/excess claims for all lines;
Emphasizing a cost-effective balance of expense to indemnity payments; and
Maintaining a select, highly skilled, focused and very successful claims team.
1989
- 1994The Home Insurance Company
As the V.P. of Specialty Lines Claims, the Senior Legal Officer of Specialty Lines, and the Director of Products Liability and Aviation Claims at the Corporate Headquarters, the responsibilities included:
Managing the entire Specialty Lines Claims and Legal Departments;
Coordination between the Claims, Loss Control, and Underwriting Departments;
Marketing the Home\'s Commercial Insurance Claim Service to prospective insureds;
Designing and developing claim management, TPA and runoff programs;
Designing and implementing audit programs on claim files and attorney files;
Managing and implementing Alternative Dispute Resolution (ADR) programs; and
Extensive lecturing on all aspects of claims handling.
1986
- 1989Colt Industries, Inc.
Corporate Claim Manager, Product Safety Officer, Director of Real Estate, and Assistant Risk Manager, the responsibilities included managing all related activities for the Corporation and 24 separate Subsidiaries.
1979
- 1986 Insurance Company of North America
Managing Claims Attorney, in the areas of Products Liability, General and Environmental Liability, Professional Liability, Marine and Aviation at the Corporate Headquarters; the responsibilities included managing all related primary/excess claims activities through a network of 50 field offices.
1973
- 1979United States Aviation Underwriters (USAIG)
Home Office Claims Attorney; responsibilities included supervising and handling the defense of major airlines, airports, component part manufacturers and airframe and engine manufacturers.
EDUCATION:
2000
- Doctoral Candidate Psychology of Communication.
1970
- 1973 University of Akron College of Law: J.D.
1965
- 1968 University of Pittsburgh: B.A. Economics, Pol. Science.
1965
- 1968 Flight School: Pvt., Comm., Inst., CFII, MSEL.
LICENSES, AFFILIATIONS & AUTHORITIES:
Member of State Bar of New Jersey;
Member of New Jersey and American Bar Associations;
Member of PLUS;
New Jersey Property, Casualty & Health, Producers Authority;
Commercial Pilots License.
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Contact Information
Walter Hnot
2493 Belvidere Road
Phillipsburg, NJ 08865
US
email *****@*********.***
Phone: 908-***-****
Phone: 908-***-****
Industry: Insurance
City: Phillipsburg
State: NJ
Zip: 08865
Country: US
Date: 00000000
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