JOHN BULLITT WONG
*** ****** *****, **********, ** 06877
(H): 203-***-**** (C): 203-***-**** ac4mds@r.postjobfree.com
PROFILE
Experienced, analytical and goal-oriented finance accounting leader with a successful record of developing, growing and improving financial operations. Skilled manager with demonstrated ability to oversee multiple processes in order to meet critical financial reporting requirements. Strong strategic and operational abilities, creating value-added results and process improvements. Develop highly skilled staff by utilizing a participative, team-oriented management style that encourages an entrepreneurial and empowering environment.
Financial Operations Management
Financial Accounting
GAAP, SEC and Statutory Reporting
Financial Planning & Analysis
Reinsurance & Insurance Accounting
Staff Management and Development
PROFESSIONAL EXPERIENCE
PARTNER REINSURANCE COMPANY OF THE U.S., Greenwich, CT 2000–September 2014
(North American Operations of PartnerRe Ltd.)
Partner Reinsurance Company of the U.S. (PartnerRe US) is a property & casualty reinsurance company with premiums of $1.6 billion and a statutory surplus over $1.3 billion. It is authorized to write business in all 50 states, the District of Columbia and Canada. PartnerRe US is the principal North American operating company of the PartnerRe Group.
SVP, Chief Financial Officer & Treasurer- North America (2013 – September 2014)
SVP, Controller & Treasurer -North America (2000 – 2013)
Accountable for all accounting, treasury and financial functions including review and analysis of consolidated financial statements for the North American entities in the PartnerRe Group on both a US GAAP and local statutory basis.
Served on executive team that played a pivotal role in identifying and implementing tactical and strategic solutions for standardization of the PartnerRe Group Finance processes.
Led North America Finance task team following the acquisition of the Presidio Group of companies (Accident & Health) in December 2012. Successfully integrated and consolidated the company under the PartnerRe Group’s North America operations.
Successfully integrated the Company’s Canadian Branch office in Montreal and a Delaware domestic insurance subsidiary, headquartered in Miami, FL, into PartnerRe’s North American operations subsequent to the acquisition of both companies from ParisRe.
Reorganized the structure and processes of the PartnerRe US Reinsurance Accounting department strategically aligning its activities with the Business Unit underwriters resulting in improved and immediate feedback to underwriting and substantially increased client support.
Implemented disciplined finance and accounting controls critical to complying with Sarbanes-Oxley and the NAIC Model Audit Rule throughout the North American operations.
Managed the scope, fees and audit work of our external auditors, Deloitte & Touché and the state insurance regulators of New York and Delaware.
Initiated a Finance Roundtable across global entities to insure consistency and sharing of best practices, policies and procedures across the PartnerRe Group, worldwide.
Executive member of the Financial Security and Retrocession Committee for the PartnerRe Group, ensuring financial adequacy of client’s financial condition.
Executive member of the Investment Committee for the North American Operations, ensuring investment compliance with the investment regulations and guidelines.
Executive member of the Risk-Transfer Committee in evaluating certain underwriting contracts to ensure proper accounting treatment.
Served on the Board of Directors of PartnerRe US and on the CFO council of PartnerRe Group.
JOHN BULLITT WONG (H): 203-***-**** (C):203-***-**** Page 2
XL RE AMERICA, Stamford, CT 1987 – 2000
(Formerly NACRe Corporation)
Vice President and Controller
2nd Vice President and Assistant Controller
Accountable for all accounting and financial functions including the review and analysis of consolidated financial statements for both US GAAP and Statutory accounting. Responsible for various reports for management, Board of Directors, SEC, state insurance regulators, shareholders and creditors. Accountable for expense budgeting and analysis, reinsurance accounting operations and financial systems.
Led in the purchase and implementation of a new general ledger/accounts payable system, a client-server based technology.
Re-engineered financial functions creating more efficiency while maintaining headcount levels.
Coordinated various financial aspects of potential acquisitions, debt and equity offerings and rating agency reviews.
Led the development of a financial forecast model for the Company.
Invited to join the BRMA Accounting Committee. Co-Authored an accounting paper that was published in the Journal of Reinsurance (1997 Fall Issue).
AVP, Financial Reporting Manager (1987 – 1994)
Managed the corporate accounting, accounts payable and financial reporting functions.
Implemented general ledger and accounts payable system.
Developed reporting requirements for newly formed international subsidiary.
Expanded departmental responsibilities to include research in current accounting issues.
Developed the Company’s Travel & Expense Policy.
THE PENN CENTRAL CORPORATION, New York, NY 1983 – 1987
Senior Accountant, Corporate Reporting/SEC
GENERAL ELECTRIC COMPANY, Plainville, CT 1982 – 1983
Accountant, Financial Planning and Analysis
NORTHEASTERN UNIVERSITY COOPERATIVE EDUCATION PROGRAM
Chesebrough-Ponds, Accountant, Greenwich, CT January - June 1982
Continental Forest Industries, Accountant, Teterboro, NJ January - June 1981
International Business Machines, Accountant, White Plains, NY January - June 1979 & 1980
Received special IBM award for outstanding performance, first time offered to a co-op student.
EDUCATION AND PROFESSIONAL DEVELOPMENT
MBA, Finance Major (Honors), PACE UNIVERSITY, White Plains, NY 1991
Bachelor of Science in Business Administration, Accounting Major (Honors)
NORTHEASTERN UNIVERSITY, Boston, MA
Received CV Starr Scholarship for full tuition. Enrolled in 5-year Cooperative Education Program 1982
Completed Mid-Management II, UNIVERSITY OF MICHIGAN, Ann Arbor, MI 1993
PROFESSIONAL AFFILIATIONS
Accounting Committee Member, Reinsurance Association of America (RAA). Vice-Chair in 2014.