CHRIS WATTERS
Toronto
Summary
Versatile Business Operations Specialist with background in optimizing operational processes and implementing effective business solutions. Skilled in project management, strategic planning, and process improvement, consistently delivering results that drive efficiency and reduce costs. Strong analytical abilities and problem-solving skills contribute to successful project outcomes and positive impacts on overall business performance.
Overview
10
10
years of professional experience
Work History
Senior Surety Specialist
Sovereign General Insurance Co.
01.2018 - 01.2021
- Review and monitor large exposures and Watch List
- Suggested improvements to the existing Underwriting Guidelines
- Made recommendations which significantly increased Reinsurance capacity
- Liaison with brokers regarding underwriting of large accounts
- Increased surety department's profile with existing and new brokers
National Practice Leader, Surety
RSA
01.2016 - 01.2017
- Increased premiums by 25%
- Decreased paid out loss ratio to less than 15%
- Negotiated a larger Surety Treaty
- Obtained positive audit reports from reinsurers
- Assisted in the sale and transition of the surety portfolio
- Shifted the portfolio from small contractors to mid-market contractors
Consultant
01.2015 - 01.2016
- Advise clients of best practices within their sphere of operations
- Investigate and develop additional markets for surety placements
- Reach out to client's customers to obtain additional underwriting information
Vice President Surety
Berkley Canada Inc.
01.2011 - 01.2014
- Responsible for the Contract and Commercial surety portfolio across Canada
- Secured Berkley Canada on the Federal Government list of approved sureties
- Negotiated new terms within the Reinsurance Treaties
- Implemented new procedures, controls and portfolio reports within the Department
- Assisted in the implementation of procedures for cross border transactions
- Met with key brokers and expanded the distribution network across Canada
- Undertook team building and mentoring functions
- Attended industry functions promoting the Berkley brand
- Transitioned the portfolio with minimal broker disruption
- Monitored the existing exposures
Education
Honours Business Administration -
University of Windsor
Bachelor of Arts -
Trent University
Timeline
Senior Surety Specialist
Sovereign General Insurance Co.
01.2018 - 01.2021
National Practice Leader, Surety
RSA
01.2016 - 01.2017
Consultant
01.2015 - 01.2016
Vice President Surety
Berkley Canada Inc.
01.2011 - 01.2014
Honours Business Administration -
University of Windsor
Bachelor of Arts -
Trent University
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