John Moncavage

adkmr9@r.postjobfree.com +1-862-***-****

SUMMARY OF QUALIFICATIONS

Credit Insurance Surety Insurance Structured Trade Financing

Credit/ Financial Analysis Risk/ Portfolio Management Financial Modeling

Budgeting/ Forecasting Marketing/ Sales New Product Development

Over 20 years as financial professional with proven ability to build effective teams that work efficiently across various organizational groups to achieve common company objectives. Expertise in credit analysis of both domestic and international companies / industries, spanning numerous sectors, for the purpose of risk selection and portfolio balancing. Effective in developing models for managing credit/ country risk, creating profitable insurance portfolios and creation of new products. As well as streamlining underwriting and monitoring processes. Extensive international travel has provided a deep rooted understanding of diverse cultural and business practices.

EXPERIENCE

FREELANCE Morris County, NJ

Senior Insurance Consultant Aug 2020 – Present

Provide insurance and reinsurance expertise to global and domestic financial institutions and multinational companies looking to utilize credit and political risk insurance to increase profitability, improve cost of funding, regulatory capital efficiencies and for risk management purposes.

·Structuring insurance solutions to improve individual deal profitability of up to 22%.

·Advising risk management on development of programs to effectively mitigate/ manage exposure limits, sector concentrations and country risks.

MILLER INSURANCE SERVICES (SINGAPORE) PTE LTD Singapore

Head of Credit, Political Risk & Surety Asia/ Pacific Feb 2018 – Dec 2019

Led the development and execution of marketing strategy for Credit, Political Risk & Surety Insurance capabilities of Miller across Asia-Pacific region. Secured new local relationship that generated recurring annual income of $730,000.

·Formulated process and procedures Credit & Political Risk line of business in Singapore.

·Educate and train support staff in trade credit, political risk and surety products ensuring efficiency and oversaw booking of direct and reinsurance business in current system.

·Onboard new clients and cross-sell opportunities within Miller global network.

IRONSHORE INSURANCE LTD SINGAPORE BRANCH Singapore

Head of Trade Credit & Political Risk Asia/ Pacific Nov 2011 – Feb 2017

Charged with building, underwriting and marketing of Trade Credit and Political Risk Insurance capabilities of Ironshore Insurance across Asia-Pacific region. Division responsible for 60% of Singapore Branch written premium

·Key employee for branch responsible for starting up operations in Singapore with continued involvement in expansion of the Singapore Branch in region.

·Developed new product offering to differentiate Ironshore and produce additional stream of income.

·Underwrote a profitable book of business with cumulative written premium of $53mm over 5 year period.

·Conduct credit and political research on Bank Structured Trade Finance, Letters of Credit and Contract Frustration and other trade/non-trade related lending facilities for inclusion into $4.3 billion portfolio.

HCC CREDIT GROUP New York, NY

Vice President - Structured Credit & Political Risk Feb 2007 – Oct 2011

Key member charged with the assessment, underwriting and marketing of Trade Credit and Political Risk Insurance capabilities of HCC Credit Group. Exclusively responsible for 38% growth of portfolio written premium.

·Managed composition and aggregation of $3.6 billion portfolio.

·Expanded and nurtured broker, client and reinsurance relationships increasing submission flow by 15%.

·Developed a standardized financial model assessing creditworthiness and risk of obligors/ transactions.

WILLIS OF NEW YORK INC. New York, NY

Assistant Vice President - Political Risk Aug 2005 - Jan 2007

Marketed and placed Political Risk Insurance for Willis’ North American Retail Broker Network and Financial Institutions. Increased corresponding commission growth by 27%.

·Developed new insurance product, Global PVT (Political Violence Terrorism), including authoring policy wording and negotiating with underwriters. Generated market capacity of $275 million per transaction for extended non-cancelable multi-year policy periods.

·Obtained Broker of Record from one of the world’s largest mining companies, accessing an account handled exclusively by same multinational broker for past 30 plus years, generating over $1mm annually.

·Traveled extensively across North America presenting to retail network and prospective corporate clients.

·Created and updated marketing materials and authored quarterly Political Risks Alert for division.

FCIA MANAGEMENT COMPANY New York, NY

Senior Underwriter - Special Risks Jun 2004 - Aug 2005

Co-Leader of the company’s Special Risk insurance portfolio that accounted for 34% of total premiums written.

·Headed up the company’s first fee-income based portfolio for a major financial institution, this included assessing credit and financial profitability of risks prior to proposing to US Export-Import Bank.

·Managed composition of a $4.4 billion credit and country risk portfolio.

·Conducted credit and political research on broker submissions; presented analysis and recommendations to Senior Management. Developed and instituted a standardized credit memorandum.

·Responsible for underwriting and marketing of Bank-to-Bank, Letter of Credit, Single Buyer and Political Risk insurance.

ACE GUARANTY CORPORATION New York, NY

Assistant Vice President - Reinsurance & Credit Default Swaps Apr 1999 - Apr 2004

Underwrote and managed the company’s two credit portfolios, that accounted for 42% of total premiums.

Trade Credit, Political Risk & Surety Reinsurance Portfolio:

·Developed and refined models to project and report on profitability, cash flows, losses, loss reserves and profit commissions on business assumed.

·Created a database to monitor a $5.5 billion portfolio of reinsured corporate credit and country exposures.

·Traveled extensively to meet with international clients and brokers.

·Key member of a three-person team, responsible for marketing, underwriting and surveillance of a reinsurance portfolio, generating $45 million written premium per annum with combined ratio of 85%

Credit Derivatives Portfolio:

·Conducted credit research, presented analysis and recommendations to Senior Management, and partnered with Marketing Department on execution of trades.

·Developed database and informational data flow for credits under consideration for inclusion in CDO structured portfolios to improve department efficiency by 20%.

·Analyzed domestic and international investment grade corporate credits as part of $13.5 billion portfolio of single name credit derivative exposures.

AFFILIATIONS

·Kali Majapahit Martial Arts - 1st Dan Black Belt and Lead Instructor Lil Ninja Program

·Instructor R.E.D. (Recognize & Escape Danger) personal safety and counter-terrorism program

·Member United States Parachute Association

EDUCATION

WILLIAM PATERSON UNIVERSITY

·Bachelor of Science in Accounting

·President of Student Government Association

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