RISK MANAGEMENT EXECUTIVE

Creative Risk Management Executive with 35+ years of demonstrated success in organizational development. Dramatically improved department processes, increased revenue and substantially reduced costs throughout career. Combined strategic planning & analysis skills, organizational ability, and expert leadership to establish risk management departments for three companies, managed the risk management program for one of the top four global insurance companies, as well as a $12B commercial real estate investment trust. Managed captives (cell, rent-a-captive), repatriated off-shore captive, filed wholly-owned parent captive. Consistently collaborate, train, mentor and coach employees within varying levels of the business structure. Excellent B2B, B2C, and B2E communications, resulting in lasting relationships.

PROFESSIONAL EXPERIENCE

SELLEN CONSTRUCTION CO., INC., Seattle, WA 2022 -- 2023

MANAGER, RISK & INSURANCE

Responsible for managing Sellen’s corporate insurance programs, providing insurance support and advice to project teams, and ensuring that Sellen responsibly manages business risk through effective claims prevention, investigation, management, and resolution. Collaborated with operations and other departments to develop and implement enterprise-wide risk management policies, procedures, and business practices. Lead internal risk committee.

KEARNS INSURANCE & RISK MANAGEMENT, Phoenix, AZ 2019 – 2022

INDEPENDENT RISK MANAGEMENT CONSULTANT

INVENTRUST PROPERTIES CORP., Downers Grove, IL 2015 - 2018

DIRECTOR – RISK MANAGEMENT

Created risk management department for retail-focused REIT creating fully-staffed team of risk professionals. Coordinated spin-off of various portfolios, including placement of D&O run-off; implemented mold remediation guidelines; established claims’ protocol for TPA; implemented Origami RMIS system; commutation of group captive and revamped cell captive. Achieved dramatic cost reductions and coverage enhancements in all lines of coverage, particularly D&O savings of $260,000; recovery of $1.5M on formerly closed, denied property claim; added Cyber Liability to portfolio; increased Crime limit fourfold and at reduced cost.

PHILLIPS EDISON & COMPANY, LTD., Cincinnati, OH 2015

DIRECTOR – RISK MANAGEMENT

Created risk management department. Conducted extensive review and analyses of all insurance policies and programs, identified loss exposures, coverage gaps, prepared loss analyses and budgets. Performed detailed analyses of off-shore segregated-cell captive, repatriated captive to a U.S. domicile pure captive that included new manuscript property policy to retroactively cover major uncovered losses. Drafted construction manual including RFP guidelines for GCs including approved & unacceptable GL endorsements, etc. Negotiated retroactive environmental liability coverage on disposed property portfolios, which dramatically reduced pollution liability exposures with positive impact on corporate financial statement liability footnotes.

COLE REAL ESTATE INVESTMENTS, INC., Phoenix, AZ 2007-2014

VICE PRESIDENT – RISK MANAGEMENT

Implemented risk management department in 2007, staffed with seven professionals; thoroughly researched and evaluated internal business structure to develop a concrete risk management plan. Oversaw commercial properties expansion from 400 to 2,000 locations [$14B portfolio]; managed all aspects of hazards and insurable risks. Executive level administrative responsibilities included risk management budget, insurance brokerage relationships and administration of executive liability claims.

KEY ACCOMPLISHMENTS

Drafted “Contingent GAP” policy language, enhancing Property Insurance to satisfy lenders facilitating CMBS loans on $4.6B of commercial real estate within one year.

Successfully negotiated and placed Management Liability for three “liquidity events” requiring “Tail” or “Run-Off” claims-made D&O protection.

Placed Environmental Liability coverage with automatic pollution coverage on newly acquired.

Implemented Riskonnect RMIS system in 2008.

KEARNS INSURANCE & RISK MANAGEMENT SERVICES, LLC, Phoenix, AZ 2005 -2007

Worked closely with three entrepreneurs and real estate developers [as an independent consultant] to strengthen business development plans, working with outside counsel, CPA firms and lenders. Negotiated and placed all insurance coverage.

THE MAHONEY GROUP, INC., Mesa, AZ 2000-2005

BRANCH MANAGER/BEST PRACTICES & COMPLIANCE DIRECTOR

Coordinated internal and external activities for the agency with emphasis on negotiations and mediation for Errors & Omissions as well as liaising between carriers and brokers. Restructured operations, developed viable procedures, and oversaw changes that upheld government standards while also improving client satisfaction and employee expertise.

REYNOLDS & REYNOLDS, INC., DES MOINES, IA 1997 -2000

COMMERCIAL LINES DIRECTOR

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DRAKE UNIVERSITY, DES MOINES, IA 1994 -1997

Insurance Specialist

PRINCIPAL FINANCIAL GROUP, DES MOINES, IA 1993 -1994

Senior Risk/Insurance Administrator

EDUCATION & TRAINING

Master of Business Administration, Walden University, 2008

Bachelor of Arts, Management, Simpson College, Indianola, IA, 1997

Chartered Property Casualty Underwriter Certification [CPCU] - Certified Insurance Counselor [CIC]

Construction Risk and Insurance Specialist – [CRIS]

MEMBERSHIPS

RIMS – Risk Insurance Management Society

SJ Resume Page 2

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