Financial Analyst Insurance
Resume:
James Edward Butler
************@*****.***
DESIGNATIONS
(CPCU) – Chartered Property & Casualty Underwriter
(ARe) – Associate in Reinsurance
(AIS) – Associate in Insurance Services
(API) – Associate in Personal Insurance
PROFESSIONAL EXPERIENCE
Guy Carpenter, Philadelphia, PA 12/17 – 4/18
Catastrophe Modeler II
Manage portfolio of complex, large, or highly-customized quantitative analysis projects
Calculate risk exposure and potential loss that may occur due to natural and man-made catastrophes
Complete CAT assessment on individual accounts using vendor models (RMS/AIR) and internal tools
Establish strong client relationships and provide them with risk-reducing/ profitability recommendations
Develop new business opportunities by identifying potential areas of business growth in existing projects
Assist brokers, clients, and reinsurers in the understanding of catastrophe risks, sensitivity studies, and added analytics based on risk analysis and catastrophe model results
Complete Supplemental Rating Agency Questionnaires (SRQs) for assigned clients
Medergy Health Group, Yardley, PA 08/17 – 11/17
Sr. Financial Analyst
Assist the CFO with monthly and year-end forecast and budget reports
Calculate accruals, prepaid expenses, and depreciation for fixed assets
Verify monthly financial reports and general ledger entries for external auditors
Create financial models for productivity reporting
Monitor expense reports for consultants on finished and current projects with clients
Prepare management reports for the CEO
Complete monthly revenue reconciliation, balance sheet, and P&L summaries for 5 assigned companies within the Group
Munich Re America Insurance Company (MRAm), Princeton, NJ 07/01 – 01/17
Catastrophe Risk Analyst, Sr. (05/09 – 01/17)
Analyzed MRAm’s potential exposure to natural catastrophe and terrorism events
Used pricing and modeling tools to direct underwriters in the pricing of MRAm products
Evaluated portfolio analysis results for assigned strategic business units
Provided loss cost, uncertainty parameters, PML curves, and budget data to underwriters
Completed pricing study projects to evaluate exposure data quality and reinsurance structure
Provided feedback and expertise to support the underwriting effort of the company
Managed databases for Assessments (Windpool and Fair Plan funding structures)
Gave presentations and training sessions on various cat management topics to internal and external clients
Financial Analyst (03/07 – 05/09)
Performed financial analysis of all companies in the Munich Re Group, clients, reinsurers / retrocessionaires and vendors
Assisted in the presentation and communication of MRAm’s quarterly financial results to senior management, Munich Re, rating agencies, investors, and MRAm employees
Provided support for the enhancement or development of analytical tools utilizing automation systems that would streamline our financial analysis workflow
Provided support to the department in the updating/running of our financial analysis models and worksheets and rating agency capital models
Assisted in the completion of the company’s quarterly and annual statements, ensuring regulatory and Sarbanes Oxley compliance
Constructed market research studies and identified industry norms
Assisted in the completion of the rating agency annual meeting packages, questionnaires, galleys, and other rating agency required data as needed
Reviewed work performed by staff/interns, which included the quarterly reporting package, financial modeling/screenings, and financial analysis reviews
Performed special projects assigned by the CFO
Account Analyst (07/01 – 03/07)
Reviewed, prepared, and monitored bordereau and financial statements: premium, commission, losses, expenses, reserves, and unearned estimates
Insured timely reporting and accurate processing of client account statements
Confirmed that statements were in accordance with contract terms and procedures
Prepared special rated calculations and accruals for Profit Commissions, Sliding Scale Commissions, and Retrospective Contingents
Assisted with the monthly/quarterly corporate closing process
Researched and resolved any discrepancies on the Account Receivable/Payable Reports
Collaborated with business groups to ensure proper accounting procedures and applications with assumed and ceded reinsurance, in accordance with Schedule F
Researched validity of outstanding balances due to/from liquidating companies
EDUCATION
Rider University, Lawrenceville, NJ
Masters of Business Administration – May 2008
Concentration: Finance
Drexel University, Philadelphia, PA
Bachelor of Science in Business & Administration – June 2000
Majors: Finance and Marketing
Additional Training
Recurring Testing of Insurance/Reinsurance Practices:
Treaty Contracts & Agreements
Property & Casualty Fundamentals
Reinsurance Principles & Practices
Statutory Accounting Principles
Clear Business Writing
Recurring Testing of General Accounting Principles:
Balance Sheets
Income Statement Analysis
Cash Flow Statements
Ratio Analysis
Corporate Finance
TECHNICAL SKILLS
PC and Apple software
SAP software for Finance and Accounting
Windows & Mac OS; Microsoft Word, Excel, Access, PowerPoint, Microsoft Dynamics SL, OneNote, Adobe Acrobat, Lotus, Minitab and iWork
SharePoint, MindMap, Highline Data (Insurance Analyst Pro, InsLink, OneSource), BCAR, S&P CAR
Internet research (A.M. Best’s Insurance Reports, A.M. Best’s Rating Center, Moody’s.com, and S&P Classic Direct)
Able to generate, organize, and analyze financial data
Underwriting Platforms: Detailed Exposure Manager (DEM), RiskLink, Risk Browser, RMS Probabilistic Terrorism Model (PTM), AIR Touchstone, KatRisk, R-Studio, and SQL Server Management Studio
Able to generate, organize, and analyze catastrophe exposure data
COMMUNICATION SKILLS
Working knowledge in Spanish
Delivered many oral and visual presentations at company meetings
Trained numerous employees regarding work tasks and special assignments
Organized and implemented department team-building exercises and presentations on efficiently managing workflow
Presented a speech on adjusting to a boarding school environment to incoming freshmen and a speech on college life to graduating boarding school seniors
MEMBERSHIPS
CPCU Society, Central Jersey Chapter
Financial Management Association (FMA)
American Marketing Association (AMA), Drexel Chapter
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