Summary
Overview
Work History
Education
Skills
Accomplishments
Affiliations
Certification
Languages
Interests
Timeline
Generic
Garikai Madzikanda

Garikai Madzikanda

New York,NY

Summary

Accomplished insurance leader adept in strategic planning and team leadership. Spearheaded operational strategies and enhanced company growth, demonstrating business development acumen. Brings valuable experience in managing financial operations and leading strategic initiatives while fostering collaborative team environment. Known for achieving impactful results and demonstrating adaptability in dynamic settings. Skilled in risk management and financial analysis, with strong focus on achieving organizational goals. Collaborative leader partners with coworkers to promote engaged, empowering work culture. Documented strengths in building and maintaining relationships with diverse range of stakeholders in dynamic, fast-paced settings.

Overview

15
15
years of professional experience
1
1
Certification

Work History

AVP of Underwriting Support Services

Sompo International
03.2023 - Current

• Manage team performance through targeted training and development programs for my 20 underwriting technicians across the U.S. and Mexico for the Middle Markets Team.

• Develop and implement operational strategies for the Middle Markets group, including serving as an SME for new system deployments.

• Oversee hiring strategies, including onboarding, training, and off-boarding.

• Review audits for the Middle Markets group and implement solutions based on audit results to ensure compliance adherence.

  • Led strategic initiatives to enhance company growth and profitability.
  • Monitor the facultative reinsurance process, program structures are set up correctly to prevent cancellations due to non-payment.

Senior Risk Analyst

AbbVie
06.2022 - 01.2023
  • Developed comprehensive risk reports for the Global Property, Aviation, and Crime policies at AbbVie.
  • Strengthened internal controls by leading targeted audits and sharing best practices across departments by improving delivery times by 25% to our patients.
  • Conducted scenario analyses to stress test organizational resilience against potential future events or market changes.
  • Drove process improvements by identifying inefficiencies in existing workflows and recommending solutions based on thorough analyses.

Multinational Underwriter

AIG
07.2020 - 10.2022
  • Evaluated financial documents to assess risk and determine eligibility for insurance applications.
  • Analyzed client information for underwriting decisions, ensuring alignment with AIG risk tolerance.
  • Managed international accounts contributing to over $2M in fronting fees.




Manager of Underwriting Services

AIG
03.2017 - 07.2020
  • Managed a team of Underwriting Assistants in the Northeast Zone.
  • Enhanced team productivity by leading cross-functional teams, ensuring alignment with company goals.
  • Managed the booking and planning process and providing insights on the state of the market with policy issuance improving from 75% when I joined and running at 95% by the time I left AIG.
  • Increased customer satisfaction by implementing soliciting customer feedback and using the feedback to enhance service quality and timeliness by ensuring that binding resulted in immediate invoice creation. .

Insurance Operations Supervisor

Zurich NA
12.2014 - 03.2017
  • Improved operational efficiency by overseeing daily activities and streamlining processes for the Property, Energy and Equipment Breakdown Underwriting Assistants .
  • Enhanced staff performance with effective training programs and support.
  • Coordinated logistics and resources for optimal workflow and reduced downtime to constantly maintain 100% policy issuance year on year.

Property Underwriter

Zurich NA
02.2013 - 11.2014
  • Conducted periodic reviews of existing policies, recommending adjustments as needed based on updated risk assessments.
  • Underwrote for Fortune 500 clients, handling a personal book of over $10M.
  • Developed strong relationships with our retail brokers to ensure a steady flow of quality business opportunities.

Strategic Assistant to Chief Underwriting Officer

Zurich Insurance Company
04.2012 - 01.2013
  • Provided administrative support to the CUO to ensure efficient coordination across 19 lines of Business.
  • Coordinated meetings and appointments, optimizing schedules for management.
  • Created and maintained spreadsheets for data analysis and reporting.

Assistant Underwriter Captives and ART

Zurich Insurance Company
09.2010 - 04.2012
  • Managed a book of business with fronting fees in excess of $3M for our international customers in the London market.
  • Assisted in evaluating insurance applications to ensure compliance with Zurich's Group Underwriting Procedures.
  • Participated in team meetings to discuss underwriting strategies and process improvements.

Assistant Underwriter

Zurich Insurance Company
10.2009 - 09.2010
  • Provided assistance to help with review, classification, coding, and rating of submissions received from brokers.
  • Responded to customer requests via telephone and email and effectively answered questions and inquiries.
  • Copied, logged and scanned supporting documentation and placed all information in client files.

Education

Master of Science - Insurance And Risk Management

City, University of London
London, UK
06-2009

Associate of Science - Business Economics And Transport Management

Cardiff University
Cardiff, Wales
06-2006

Skills

  • Strategic planning
  • Business development
  • People Management
  • P&C Insurance
  • Change Management
  • Financial Planning & Analysis
  • Project management

Accomplishments

  • Used Microsoft Excel to develop UW assignments and Account Lists through spreadsheets.
  • Supervised team of 20 staff members in the U.S. and Mexico.
  • Collaborated with Underwriting, Actuarial and Operations team in the development of our new pricing tool.

Affiliations

  • National African American Insurance Association (NAAIA)
  • The New York CPCU Society Chapter, Inc.

Certification

• Chartered Property Casualty Underwriter (CPCU)

• Associate of the Chartered Insurance Institute (ACII)

• Associate in Risk Management (ARM)

• Associate in Insurance Accounting & Finance (AIAF)

• Enterprise Risk Management (ERM) Certification

• Associate in Insurance Services (AIS)

• Associate in General Insurance (AINS)

Languages

English
Native or Bilingual
Shona
Native or Bilingual

Interests

  • Hiking
  • Gardening
  • Gym Workouts
  • Dancing
  • Yoga
  • Mindfulness Practices
  • Passionate about balancing physical health with mental and emotional wellness

Timeline

AVP of Underwriting Support Services

Sompo International
03.2023 - Current

Senior Risk Analyst

AbbVie
06.2022 - 01.2023

Multinational Underwriter

AIG
07.2020 - 10.2022

Manager of Underwriting Services

AIG
03.2017 - 07.2020

Insurance Operations Supervisor

Zurich NA
12.2014 - 03.2017

Property Underwriter

Zurich NA
02.2013 - 11.2014

Strategic Assistant to Chief Underwriting Officer

Zurich Insurance Company
04.2012 - 01.2013

Assistant Underwriter Captives and ART

Zurich Insurance Company
09.2010 - 04.2012

Assistant Underwriter

Zurich Insurance Company
10.2009 - 09.2010

Master of Science - Insurance And Risk Management

City, University of London

Associate of Science - Business Economics And Transport Management

Cardiff University
Garikai Madzikanda