Larry Collins

Irving, Texas· A $48.5B leading international, full-service investment management and support services company. Vice President, Corporate Insurance: Direct the global claim operations for all property, casualty lines including workers compensation and employers liability. Oversight of 7500 claims with 40M incurred value. Define, assess and prioritize insurable risks Goldman Sachs corporate and real estate portfolio assets. Maintain strong working relationships with third party claim partners, project managers and internal stakeholders to ensure claims handling met organization best practices. Advising senior management on the state of risk management programs, large losses and other critical aspects of the risk management program.

• Settled 23MM Hurricane Sandy property claims for 30MM in 12 months.
• Reduced property claim life span on investment portfolio by 30%.
• Consistently reduced pollution liability premiums by 5% annually.
• Established protocol to reduce workers compensation litigation by increasing arbitration by 40%.
• Settled Forced Placed 500K earthquake property claims to 900K
• Time to consult, review and insurance contract questions reduced to 24hrs.

Addison, Texas· A $2.1B global leader in providing highly engineered products for the global energy infrastructure. Sr. Risk Analyst: Manage day-to-day interaction with customers, agent/vendors and various internal business units regarding primary casualty insurance programs(workers compensation, auto liability and general liability).Review and revise vendor agreements and sales contracts. Develop risk management policies and procedures. Provide technical oversight on all claims within retention; negotiate large claims with adjusters. Train staff on insurance and risk management procedures. Create loss analyses and trend reports.

• Decreased property and casualty insurance premiums by approximately 15% over 3 years.
• Generated a 33% decrease in EQ by effectively managing U.S. workers compensation claims.
• Reduced allocation from 2.5 days to 2 hours by creating an Access database to automatically allocate and re-bill charges to the appropriate business units.
• Developed and implemented an emergency response/disaster recovery plan. Implemented Driver Training Program which decreased loss rate by 10%.

Irving, Texas· A $12.7B Euro worldwide leader in mobility, including mobile devices, electronics, services and software. Managed primary casualty insurance programs; determined organizational cost of risk from an insurance and risk financing perspective. Liaised with insurance brokers to verify solvency requirements; performed claim audits with TPAs and insurers to validate reserving practices. Developed and executed risk reports; reviewed and approved insurance sections in sales contracts and service agreements.

• Reduced time lost from injured workers by 25% by developing alternative duty work programs.
• Decreased the severity of worker compensation claims by nearly 10% during a 12-month period.
• Spearheaded the implementation of the RMIS system

An insurance firm specializing in personal, risk management and commercial property/casualty products. RMIS Manager: Oversaw the marketing of RMIS products; provided technical and product front-end support for 40 assigned accounts. Analyzed client business needs and workflow to develop product enhancements; communicated status of outstanding projects to internal and external customers; managed RFPs. Developed benchmarks and forecasts. Conducted client training on effective utilization of licensed software and delivered product demonstrations to potential clients. Conducted on-site client visits to maintain client relations.

• Secured approximately $20,000 in additional RMIS services and ad-hoc report annually.
• Eliminated hundreds of hours of manual processing time by developing and implementing an automated, macros-based regression analysis spreadsheet.