JOSE EDUARDO ALVAREZ ALGARIN

**** * **** ***

Hollywood, FL 33020

Tel. 787-***-**** email: ac7ukz@r.postjobfree.com

OBJECTIVE: To obtain a challenging position in Management that requires a motivated, dedicated person and where individual achievement and performance will be recognized, thereby allowing opportunities for growth and development.

EXPERIENCE:

ORIENTAL INSURANCE, INC., Hato Rey, PR

2010 – 2018 Vice President of Insurance

-Recruited, trained and directed the sales force

-In charge of the administration and compliance of the General Agency

-Supervised 36 people in Sales and Administration

-Responsible for the sales and distribution of products, i.e., Annuities, Life Insurance, Long Term Care, Disability, P&C (dwelling), Title, Commercial and Personal Insurance.

-Coordinated and supervised the submission of brokers’ insurance licenses with the Commissioner of Insurance

-Developed, created and trained the sales force in Series 6 license, Life Insurance and Variable Life licenses

-Prepared annual marketing objectives, operating budgets and forecast

-Annuities sales increased from $5,000,000.00 to $36,000,000 a year

-Help in the development of Oriental Bank and Trust Branch strategy and culture.

This position reported to the Retail Channel Senior VP of Oriental Bank.

WESTERNBANK, Mayaguez, PR

2003 – 2010 Sales Manager

-Recruit, train and direct the sales force

-Supervise 15 people in Sales and Administration

-Responsible for the sales and distribution of products, i.e., Annuities, Life Insurance, Mutual Funds, Advisory program

-Coordinate and supervise the submission of brokers’ insurance licenses with the Commissioner of Insurance

-Develop, create and train the sales force in Series 6 license, Life Insurance and Variable Life licenses

-Prepare annual marketing objectives, operating budgets and forecast

-Annuities sales increased from $5,000,000 to $32,000,000 a year

-Mutual Funds sales increased from $1,000,000 to $12,000,000,000 a year

-Developed Westernbank Branch Referral Program strategy

This position reports to the President of the Trust Department

SEGUROS DE VIDA TRIPLE S, INC., San Juan, PR

2001 – 2003 Consultant

-Developed new Annuity product

-Created diverse marketing training and product publication

-Created and composed promotional material

This position reported to the President.

JOSE EDUARDO ALVAREZ ALGARIN

Page 2

ORIENTAL FINANCIAL GROUP, Hato Rey, PR

1997 – 2001 Vice President Sales

-Recruited, trained and directed the sales force

-Supervised 59 people in Sales and Administration

-Responsible for the sales and distribution of products, i.e., Annuities, Life Insurance, Mutual Funds

-Coordinated and supervised the submission of brokers’ insurance licenses with the Commissioner of Insurance

-Developed, created and trained the sales force in Series 6 license, Life Insurance and Variable Life licenses

-Prepared annual marketing objectives, operating budgets and forecast

-Annuities sales increased from $800,000 to $40,000,000 a year

-Mutual Funds sales increased from $5,000,000 to $50,000,000 a year

-Developed Oriental Bank and Trust Branch strategy

This position reported to the President of Oriental Financial Service, a Broker Dealer Company

1995 – 1997 PRAICO LIFE, Hato Rey, PR

Marketing Vice-president

-Prepared annual Marketing objectives, operating budgets and forecasts

-Tracked a variety of data to actively forecast buying trends and motives as well as analyzing competitors, market position, product lines and service levels

-Created and composed promotional material

-Created diverse marketing training and product publication

-Responsible for sales and profit objectives

-Recruited, trained and directed the sales force

-Responsible for the sales, promotion and distribution of products, i.e., Credit Life, Annuities, Life, etc.

-Supervised a staff of 10 employees in the Marketing Department

-Managed up to 150 people in sales and administration

-Member of Policy Making Corporate Management Team

-Prepared brochures and promotional material for conventions

This position reported to the President.

1994 – 1995 AIG LIFE INSURANCE COMPANY OF P.R., Hato Rey, PR

Sales and Marketing Director, Individual Life

-Created, designed and wrote sales brochures

-In charge of managing Service Department with a staff of four

-Established, trained and maintained a 40 person sales force

-Responsible for identifying system problems

-Responsible for identifying, researching and developing marketing segment opportunities

-Responsible for preparing department’s budget

-Served as liaison between sales force and Commissioner of Insurance, including submission of agents’ licenses

-Served as liaison between the company and Commission of Insurance, including the submission of new products

-Analyzed and coordinated new product development

This position reported to the President.

JOSE EDUARDO ALVAREZ ALGARIN

Page 3

1992 – 1994 COSVI, Río Piedras, PR

Business Conservation Officer, Marketing Department

-Coordinated, supervised and supported the six (6) regional offices in order to help them maintain and service the policies in force

-Developed and trained the sales force as to the modern techniques of business conservation

-Evaluated policies’ trends in order to study reasons behind their lapse rate

-Developed new ways and ideas that helped improve persistency

-Developed and created a system to better serve the orphan policyholders

-Supervised the second shift customer service office

-Coordinated a marketing research to evaluate the trends of COSVI’s target markets and product mix

This position reported to the Sales and Marketing Vice President.

1986 – 1992 THE NEW ENGLAND LIFE INSURANCE CO., Boston, MA

Marketing Specialist, Marketing Department

-Developed and implemented an IRA and SEP marketing sales strategy

-Monitored legislative changes on IRA’s, SEP’s and Annuities

-Provided quality response to field and Home Office inquiries on:

Products: Annuities, Traditional Life and Variable Life

Markets: IRA’s, SEP’s, IRA Rollover, TSA’s, Retirement and

Education Markets

Systems: Income Analysis, Sales Assistant and Marketing

Illustration Systems

-Assisted in product definition for annuities

-Researched and evaluated new market segments, i.e. Hispanic and Asian market

-Coordinated, participated and teach Career School Training Seminar for Agents

-Member of Customer Satisfaction Quality Improvement Team

ACHIEVEMENTS: Received the 1991 Extra Mile Award at The New England

EDUCATION: BSBA Sacred Heart University, Santurce, PR (1984)

Major: Management

LUTCF - 1996

Series 7 – 1997

Puerto Rico Licenses: #9722 NPN: 6872914

Puerto Rico Agent Life Insurance License - 1996

Puerto Rico Variable Life – 1998

Puerto Rico Property & Casualty – 2000

Puerto Rico Title License – 2010

Florida Resident Life and Variable License – 2018 (#W246468)

Special Training

-Total Quality Core Training

-Microsoft Word, Microsoft Word for Windows,

Microsoft Windows, Excel, Illustration System, Power Point,

Internet, Act 2009

Money Guide Pro Financial Planning/ Web base System

Certified Personal Financial Counsel

Tax Prepared 2019

ASSOCIATIONS: NAIFA - 1996

LUTC Moderator - 2000

LANGUAGES: Fluent Spanish and English

References will be furnished upon request.

Contact this candidate