Summary

I am an insurance risk manager focusing on property insurance, casualty insurance and professional liability coverages. I have significant experience with the real estate, manufacturing and transportation insurance placements, risk management programs and claims functions. I enjoy insurance risk management because it give me an opportunity to take unfortunate situations and turn them into circumstances where people reach consensus, can compromise and settle.

Competencies:

Financial Analysis – Educated in Finance and Statistics through graduate and post graduate studies. Advanced modeling skills including financial, loss projections/forecasts, trending, budget preparation and allocation, cost benefit analysis and risk transfer techniques. Budget creation and reconciliation experience. LOC and bond preparation and acquisition. Internal and external audits and quality control and contract review.

Negotiation –, Extensive experience in litigation, arbitration, claims negotiation, settlements, program renewals, placements and contract negotiations.

Disaster Recovery and Business Continuity – Preparation / implementation of process and procedures to recover in the event of a disaster.

People Management - Team building, building lasting client relationships, consensus building business development. Coached, trained and developed staff.

Claims Administration
Direct handling of workers' compensation, general liability, auto liability, medical disability and subrogation. Management and oversight of WC, GL, auto, property, D&O, EPLI, professional liability and medical malpractice environmental.

Risk Management
Interpreting Policies & Resolving Coverage Disputes Implementing, Safety Policies & Procedures, Risk Identification, Insurance Brokering, Loss data analysis.

Preferred functions include:

Risk Manager
Claims Manager
Insurance Manager
Account Manager
Vice President

Contact:

Larry Collins
email: lccollins4141@gmail.com
phone: 214-458-7569

Summary

I am an insurance risk manager focusing on property insurance, casualty insurance and professional liability coverages. I have significant experience with the real estate, manufacturing and transportation insurance placements, risk management programs and claims functions. I enjoy insurance risk management because it give me an opportunity to take unfortunate situations and turn them into circumstances where people reach consensus, can compromise and settle.

Competencies:

Risk Management
Interpreting Policies & Resolving Coverage Disputes Implementing, Safety Policies & Procedures, Risk Identification, Insurance Brokering, Loss data analysis.

Claims Administration
Direct handling of workers' compensation, general liability, auto liability, medical disability and subrogation. Management and oversight of WC, GL, auto, property, D&O, EPLI, professional liability and medical malpractice environmental.

Negotiation – Extensive experience in litigation, arbitration, claims negotiation, settlements, program renewals, placements and contract negotiations.

Preferred functions include:

  • Risk Manager
  • Claims Manager
  • Insurance Manager
  • Account Manager

Contact:

Larry Collins
email: lccollins4141@gmail.com
phone: 214-458-7569

Work History

Work History

Corporate Insurance, VP

GOLDMAN SACHS

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.

Sr. Risk Analyst

DRESSER INC

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%.

Risk Analyst

Nokia Mobile Phones

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

RMIS Manager

KEMPER INSURANCE COMPANY

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.

Education

Education

B.B.A

Northwood University

Business Administration

M.B.A

Texas Woman's University

Business Administration - Business Management

Certifications

Certifications
Jul 2011 - Present

Graduate Business Analytics Certificate

Southern Methodist University
Mar 2008 - Present

Project Management Certification

University of Texas Arlington
Mar 2005 - Present

Mediation Certification

El Centro Community College