ALEXANDER PASCHYN
Philadelphia,PA
Summary
Skilled and driven risk management professional with 20 years of experience in developing, supporting, and implementing successful risk management programs, policies, and procedures. Demonstrated ability to identify and evaluate potential risks and execute risk mitigation strategies. Exceptional skills in risk analysis, claims management, and collaboration with internal and external stakeholders to achieve risk management objectives. Led multiple risk management projects resulting in improved efficiencies and reduced total cost of risk.
Overview
31
31
years of professional experience
Work History
Manager, Global Risk Management
BERWIND CORPORATION
01.2022 - Current
- Support the Vice President, Global Risk Management in overseeing the planning, development and administration of all risk management activities for an investment management company consisting of a diversified portfolio of global manufacturing companies representing over $3 billion in annual revenue, $4 billion of total insured value and 11,000 employees worldwide with a Total Cost of Risk exceeding $60 million
- Oversee the claims management process for all lines of coverage, including investigating incidents, liaising with attorneys, adjusters and insurers, partaking in mediations, preparing for trial, negotiating settlements and conducting regular audits to ensure timely, effective and equitable resolutions
- Manage the third-party claims administrator relationship and oversee performance to minimize losses by providing strategic direction and ensure best practice claims handling
- Provide oversight to Risk Analyst role including onboarding, training and mentoring
- Support the due diligence process in merger and acquisition activity and lead the integration efforts of acquired companies to ensure seamless program transition and drive economics, compliance, consistency and efficiency
- Review and advise upon the insurance and indemnification sections of company contracts with vendors and customers to mitigate retained contractual risk and to ensure an appropriate allocation of risk between parties
- Co-manage the annual captive insurance company audit conducted by external auditors
Senior Risk Analyst, Global Risk Management
BERWIND CORPORATION
01.2013 - 01.2022
- Directed the organizational property loss control efforts including review and successful implementation of 250+ insurer recommendations, facility inspections, plan review support of large CAPEX projects and general advisory of risk mitigation efforts for a portfolio of over 300 global locations in over 40 countries
- Led an extensive project to identify, assess, select, and contract with a national Disaster Response company to provide emergency recovery services to the portfolio of operating companies in response to a variety of natural and man-made disasters
- Introduced efficiencies to the exposure gathering, compiling, analyzing and reporting processes for underwriting submissions and premium cost allocating
- Analyzed loss data to identify trends and deployed targeted risk control services that served to minimize exposure, reduce the frequency and severity of claims and contain costs
Risk Analyst, Global Risk Management
BERWIND CORPORATION
03.2003 - 01.2013
- Gathered, compiled and analyzed exposure data for insurance underwriting submissions for various lines of coverage contributing to the seamless renewals of multiple insurance programs
- Contributed to the risk analysis, risk control, insurance procurement and captive management functions for portfolio companies each with a unique risk profile
- Led an initiative to implement a robust, comprehensive Risk Management Information System to track losses and exposures, as well as to identify trends, which ultimately led to more efficient and accurate reporting and better understanding of risks
- Supervised the maintenance of all insurance policy documentation and supporting information for all lines of coverage, including digitizing legacy policies and establishing a policy tracker system
- Produced and analyzed loss reports on trends and impact, aiding senior management in strategic decision-making processes
- Prepared detailed claims and exposure management reports, presenting findings to auditors, actuaries, brokers, insurers, and internal stakeholders
- Oversaw the management of the surety bond portfolio providing requested information to sureties and ensuring bonds are received and renewed on a timely basis
Operations Analyst
SUBARU OF AMERICA, INC.
05.2001 - 05.2002
- Managed the design and development of a Digital Dashboard application that consolidated key business data from a variety of sources with drill down access for managerial use
- Developed executive e-Business summary reports in which monthly metrics were gathered, analyzed, compiled and concisely presented to senior management
- Provided support to e-Business marketing efforts including quantitative analysis of return on investment of e-mail, web and print advertisement campaigns
Project Manager
E. MARKO ASSOCIATES
02.1994 - 08.2000
- Managed a broad range of environmental, health and safety projects, from inception to completion, for clients comprised of primarily school districts, government agencies and chemical companies
- Managed contractor and vendor relationships
- Developed and monitored multiple project schedules and budgets
Education
Master of Business Administration - Management Information Systems & e-Business
TEMPLE UNIVERSITY, Fox School of Business & Management
05.2002
Bachelor of Science - Mechanical Engineering
UNIVERSITY OF MARYLAND, College of Engineering
05.1991
Skills
- Risk Assessment
- Claims Management
- Loss Control Administration
- Regulatory Compliance
- Contract Reviews
- Policy Interpretation
- Data Analysis
- Project Management
- Risk Management Information Systems (RMIS)
- Microsoft Office Suite
Certifications & Affiliations
- Associate in Risk Management (ARM), 2005 – present
- Member, ESIS National Client Advisory Board, 2022 – present
- Member, AIG Regional Claims Advisory Board, 2007 - 2013
- Member, Risk & Information Management Society (RIMS), 2003 – present
- Member, Beta Gamma Sigma, 2003 – present
- Member, Ukrainian League of Philadelphia, 1996 – present
- Member, Society of Ukrainian Engineers, 1994 – present
Timeline
Manager, Global Risk Management
BERWIND CORPORATION
01.2022 - Current
Senior Risk Analyst, Global Risk Management
BERWIND CORPORATION
01.2013 - 01.2022
Risk Analyst, Global Risk Management
BERWIND CORPORATION
03.2003 - 01.2013
Operations Analyst
SUBARU OF AMERICA, INC.
05.2001 - 05.2002
Project Manager
E. MARKO ASSOCIATES
02.1994 - 08.2000
Bachelor of Science - Mechanical Engineering
UNIVERSITY OF MARYLAND, College of Engineering
Master of Business Administration - Management Information Systems & e-Business
TEMPLE UNIVERSITY, Fox School of Business & Management