MARCANTHONY SALVATINI, PMP - Operations & Technology Executive .
Consulting & Project Management . Process Architect . BPM. BPO . Sales .
SME in all Insurance Products (P&C, Life, Annuities, A&H, Reinsurance, and
Healthcare)
90 West Rich Street . Columbus, OH 43215
Tel 1-847-***-**** (M) 1-614-***-**** (O) . **********@***.***
Accomplished Senior Operations and Technology Executive with expertise in
Insurance technology, operations management, merger integrations, project
management and Private Sector & Federal Government business development.
Possess an organizational intuitiveness and laser focus on the critical
validity of strategic planning and developing solutions that consistently
surpasses company and client expectations. Demonstrated expertise in the
full insurance value chain including: (P&C-Commercial & Personal, L/H,
Annuities/Pensions); merger integrations; project and program management;
Sales; and BP/ITO. A leader in Change Management, responsible for
technology and culture change initiatives and able to foster team
empowerment and accountability in a global delivery model, resulting in
dramatic leaps in productivity, profitability, and customer satisfaction.
. Sophisticated operations management skillset providing the technological
and ideological foundation for aggressive solutions to today's complex
global business demands. Effective at utilizing technology to leverage
business processes to achieve business strategy.
. Tactical leadership prowess with the ability to build enlightened and
focused teams in a global delivery model; ready to function.
. A creative problem-solver who envisions smart solutions and executes with
importance across the organization.
. Uncompromising integrity and work ethic.
. Successful in expanding footprint for existing clients in the Insurance
and Financial Services space through new operating architectures and
technologies both internally and on a Global basis
. Current on new technology and platform market offerings on a global basis
for all functions within the value chain including TPA's, Claims
administrators, MGU's, insurance companies, and the interfaces with
carriers, HC Payers, and regulatory agencies.
Key Qualifications
Strategic Planning . Financial Planning . BPR . BPO . ITO . Sales . Claims
& Policy Administration Technology (Custom and COTS) . Process Improvement,
Reengineering and Transformation . Requirements Identification . Program &
Project Management . Change Management . Operational Streamlining . Shared
Services . Policy Development . Profit Improvement . Structuring Startup
Operations . Executive Leadership . Management Consulting . Six Sigma .
M&A Integration . Private & Public Sector Business Development . Solution
Development . SAP . Project Management . Reinsurance . HC Payer Operations
. Global Service Delivery Model . Cloud. Converged Infrastructure
Career Highlights
Wipro Technologies, Columbus, OH October 2012 - Current
A provider of technology services, including solutions/architecture,
application development, ITO and BPO to support the operations of existing
clients. A recognized Tier 1 India Technology Company with 130,000+
employees in 74 countries, generating in excess of $7B in revenue.
Insurance Consulting Partner - North America
Leverage deep domain knowledge, experience, and expertise to expand Wipro's
solution offerings beyond BPO and ITO for the insurance industry in North
America. This includes deep domain expertise and industry relationships to
better understand and support business strategies and industry challenges;
developing new or changed operating architectures; and utilization of
emerging technologies such as cloud, mobile, and structured/un-structured
data needed to support more robust and predictive analytics required by the
industry. Expand Wipro's US footprint with existing clients through
demonstrated intellectual capital in the insurance space as well as attract
new clients and provide needed expertise to create resonating value
propositions. Collaborate with other Wipro BU's to develop operating and
transformational architectures; utilize advanced technologies for insurance
firms so they can better address current capital market, demographic,
legacy modernization and global expansion issues facing the industry.
Hewlett Packard, Columbus, OH May 2011 - July 2012
A provider of technology services, including solutions/architecture and
application development and supporting technology hardware to support
transformation of existing industries. The Leading Global Technology
Company with 300,000 employees in 194 countries.
Technology Consulting Principal - Insurance and Financial Services
Leverage extensive knowledge, experience and expertise as an SME to develop
technology solutions for the insurance vertical, including emerging
technologies such as cloud and mobile; seek strategic US acquisitions;
manage key-must grow accounts with a P&L of $150M. Develop new operating
and transformational architectures for insurance firms to address current
economic and global expansion issues utilizing new technologies, shared
services, and modernization of existing value chain.
Key highlights
Assisted in the startup of HP's Vertical Consulting organization. Managed
the P&L for all HP's technology engagements from Cloud to Transformation in
8 of 10 top US domiciled insurers and 23 insurance accounts overall.
Infosys Technologies, Lisle, IL September 2010 - April 2011
A global service provider of technology, business, and BPO, including
solutions/architecture development, and application development
outsourcing, staff augmentation, and thought leadership with 200,000
employees and $7 BM sales Globally.
Principal & Client Account Executive- Insurance, Financial Services and
Life Sciences
Leverage insurance and technology expertise as an SME to develop solutions
for the insurance vertical; seek strategic US acquisitions; help drive
expansion into the public sector, and manage key-must grow accounts with a
P&L of $40M. Develop and implement new operating architectures for
insurance firms to address current economic and global expansion issues
utilizing new technologies, shared services, ITO, BPO, and modernization of
existing value chain.
Key highlights
Expanded Infosys footprint in key accounts from $7 to $21M. Developed the
future state Technology architecture, including how to transform and re-
platform the core Policy and Claim administration systems for one of the
top 10 US P&C insurers.
Numeric Technologies, Warrenville, IL January 2010 - September 2010
A provider of SAP Gold Partner technology services, including
solutions/architecture development, and application development
outsourcing, with 800 employees and $40M sales.
Director of Sales- Insurance & Financial Services
Leverage extensive expertise in insurance and FS firms which have installed
SAP as their financial and/or operational platforms to provide Numeric's
SAP expertise in support of application capability extensions and support
for existing initiatives on a global (on-site/off shore) managed services
model.
Key highlights
Secured business relationships and sales with 2 of 6 Insurance companies in
the US which utilized SAP.
Keane Inc., Boston, MA February 2006 - December 2009
A provider of professional services, including consulting, operational
solutions/architecture development, and business process outsourcing, with
12,000 employees and $1B sales.
Senior Principal - Insurance, HC Payer, and Financial Services Vertical -
Private/Public Sector
Leveraged extensive expertise in all facets of insurance and financial
operations and technology to orchestrate business solutions for clients in
the private and public sectors. Worked closely with key client stakeholders
to gather requirements and deliver management consulting solutions,
including business process reengineering, BPO, and ITO which best aligned
with client's strategic objectives. Subject matter expert on the Federal,
state, and local government insurance markets; collaborated with Federal
agency directors to develop solutions in response to existing and pending
insurance regulation/legislation. Drove business development in the public
sector by developing and submitting responses to governmental RFPs.
Trained, mentored, and directed 25 professional staff members in executing
and delivering robust client solutions.
Key highlights
. Established the corporation's insurance vertical, securing more than
$10M in consulting revenue with new clients by leveraging extensive
business development expertise within the insurance industry. Also
developed BPO revenue of >$1 million/year, with a $40M P&L.
. Developed and implemented transformational operating architectures for 5
clients, resulting in reducing operating expenses 5-8% and increasing
revenue 10+%.
. Expanded service offerings for existing insurance clients from solely
ITO solutions to business transformation, business process
reengineering/management, BPO and introduction of emerging technologies,
resulting in a robust, comprehensive practice. Expanded vertical clients
from 2 to 14.
. Transitioned solution expertise to the Public Sector, Federal Systems
Business Development working within DOL, DOJ, VA, PBGC, and SEC. In-
flight deal values as Insurance BD Lead of $260 M.
. Created transformational operating architectures to support several
clients' transformational business strategies. This included plan and
project development across people, process, technology, sourcing
strategy (BPO/ITO) and change management for Claims and Policy systems.
(GuideWire, SAP, and off-shore developed platforms) Reduced clients
operating costs 25%/annual on average: Client companies included Hanover
Insurance, Hartford Insurance (Life), One Beacon Insurance, Liberty
Mutual, Manulife, National Life of Vermont, State Farm, Countrywide,
American Family, and several others.
Sienna Limited, Bannockburn, IL February 2002 - February 2006
Boutique Professional services firm specializing in transformational
business process redesign for clients in the financial services industry,
and support to the re-insurance industry-foreign and domestic.
Vice President . Consulting Partner
Consulted with clients in professional services and insurance industries to
create custom business process reengineering, shared services, and
management solutions. Conducted reinsurance claim audits, analyzing
financial experience to assess treaty experience, and negotiating treaty
commutations as required. Reviewed regulatory and compliance procedures for
the clients of numerous professional services firms, ensuring alignment
with Sarbanes-Oxley. This was a boutique company with a dozen specialized
consultants, representing such clients as Zurich, AXA, American Re/Munich
Re, Home Insurance, London Markets and Allstate and others.
Key highlights
. Directed the implementation of a reinsurance system for several
international insurers, to assess treaty experience and pricing
adequacy. Resulting in direct savings of ceded claims of $55 Million USD
. Created transformational operating architectures to support several
clients' transformational business strategies. This included plan and
project development across people, process, technology, sourcing
strategy and change management
. Developed new insurance client engagements at Zurich, American Re, and
Home for BPR, Imaging & Workflow technology; new Claims Systems; Group
Health
. P&L responsibility of $18M
Zurich North America, Schaumburg, IL January 1997 - February 2002
Z-NA is the Insurance and financial service sales and servicing division of
the global insurer Zurich Financial Services, with 14,000 employees and
$14B sale in the US.
Senior Vice President, North American Operations
Managed all insurance operations and technology initiatives for the new
Zurich North America entity, including rating, policy administration,
customer call/care centers, human resources, third-party administration
oversight/auditing, premium audits, directed business claims processing,
and statistical entry. Spearheaded the development and execution of
reengineering/quality control initiatives and corporate systems project
management, ensuring alignment with corporate objectives. Administered a
budget of more than $180M and oversaw 11 VP-level direct reports managing
the activities of more than 3,500 employees in 64 locations and development
centers across the United States.
Key highlights
. Architected and executed the merger of five separate insurance
companies under one operating system to create Zurich North America;
initiated new operating processes including imaging, automated
workflow, intelligent decision-making, new single claim and product
line - policy systems, metrics, data integration and activity-based
cost analysis that saved $150M in operating expenses within one year
of the announced merger.
. Successfully controlled costs and expenditures by developing and
implementing the Shared Services operation and systems platform.
Direct annual savings of $60 Million/yr in operating expenses
. Successfully implemented SAP installation on time and under budget .
. Developed Shared Services operation consisting of Agreements, Activity
Based Costing, Reporting, Budgeting, Forecasting, etc. Resulted in
reducing annual corporate expenses from 32% of revenue to 19%
. Developed Financial Forecasts for two multi-billion dollar merger
integrations pre/post merger including financial and SOX compliance
audits post merger. Achieved targeted results in both merger
integrations.
. Architected a new claims technology and supporting processes resulting
in a paperless environment in 2.5 years, saving 5 % of ULAE.
. Managed all Call Center processes and technology for Policyholder and
Claims services.
Additional Experience
CNA Insurance Companies, Chicago, IL
November 1977 - December 1996
Vice President, Operations and Systems,
The Insurance and financial services sales and servicing of the CNA
Financial Services holding company with 14,000 employees and $12B sales.
. Designed developed and implemented new technology and operating
platforms for all enterprise wide Policy, Claim, AR, and Reinsurance
Systems.
. Helped grow Revenue from $300 M to $2.5 B in 4 years, without
corresponding increase in expense ratio.
. Managed all functions within the Insurance value chain for all lines
of business (Life, A&H, Surety, Health, P&C (Personal & Commercial),
Specialty, Reinsurance-Treaty & Facultative)
. Developed and managed all TPA and MGA relationships and technology
needs for CNA businesses.
Education . Professional Development
M.Ed., Pennsylvania State University, University Park, PA
B.A., Pennsylvania State University, University Park, PA
AAM, (Associate in Technology Management) - Insurance Institute of America
PMP, Villanova University
SPECIALIZATIONS
. Master of Re-Engineering - MIT-Sloan School; Hammer Institute
. Certification - Leadership Development - Northwestern University-Kellogg
Graduate School of Business
. Member - Project Management Institute - Certified PMP
. Six Sigma - Black Belt
. Publications - Predictive Analytics and the Impact to the Insurance
Industry
United States Army Veteran - Honorable Discharge