Marc Michalewsky
Seaside Heights,NJ
Summary
Innovative CEO specializing in developing underwriting platforms for the surety and reinsurance market with extensive experience in managing profitable contract bond portfolios. Proven track record in securing major carriers, formalizing carrier relationships, and boosting brand presence. Expertise in strategic visioning, client relationship building, and operational excellence.
Overview
30
30
years of professional experience
1
1
Certification
Work History
CEO
Roosevelt Road Specialty Surety
10.2024 - Current
- Develop an underwriting platform designed to deliver surety product solutions to the collateralize reinsurance and contact bond marketplace.
- Securing major surety carriers who are committed to provide capacity and support our surety products.
- Higher experienced surety professionals by recruiting top talent.
Practice Growth Leader Surety Practice
World Insurance
01.2021 - 10.2024
- Managed a contract bond portfolio of 50 plus clients that generated $12,000,000 in Gross Written Premium.
- Service and support all World offices in New York & New Jersey with their surety needs.
- Formalized Carrier relationships and upgraded carrier contracts.
- Established and implemented surety practice procedures and infrastructure.
- Increased World's brand in the surety and construction marketplace.
- Trained employees on contract surety underwriting and assigned duties.
- Oversaw day-to-day activities of 4 employees in contract surety fostering inspiring atmosphere to optimize employee experiences.
CFO & Director of Surety
True & Associates
04.2002 - 12.2020
- Oversaw budgets, payroll, and accounts payable and receivable.
- Oversaw the preparation and submission of all tax filings, mitigating potential risks associated with noncompliance.
- Conducted detailed analysis of company financial information and oversaw preparation of related reports.
- Increased the Surety book of business from $400,000 to $15,000,000 in gross written premium.
- Implemented credit analysis spreadsheets, and surety underwriting practices.
- Established large network of insurance carrier, surety underwriter, CPA firms and client relationships.
Surety Underwriting Supervisor
Kemper
04.1995 - 03.2002
- Developed an action plan to remedy underwriting practice deficiencies uncovered during the analysis of loss reports and underwriting files.
- Performed educational seminars on analyzing percentage of completion financial statements.
- Managed a profitable $6,000,000 contract surety book of business.
- Implemented training programs that enhanced employee expertise in specific industry sectors or product lines for more informed decision-making processes.
- Developed and led team of 5 contract surety underwriters and 4 assistant contract underwriters.
- Facilitated knowledge sharing across the underwriting team through regular meetings, workshops, or presentations on relevant topics.
Education
Bachelor of Arts - Accounting And Finance
La Salle University
Philadelphia, PASkills
- Effective Decision Making
- Operational Excellence
- Customer Focus
- Strategic Visioning
- Client Relationship Building
- Business Development
Certification
Property and Casualty Insurance License in 48 States.
Timeline
CEO
Roosevelt Road Specialty Surety
10.2024 - Current
Practice Growth Leader Surety Practice
World Insurance
01.2021 - 10.2024
CFO & Director of Surety
True & Associates
04.2002 - 12.2020
Surety Underwriting Supervisor
Kemper
04.1995 - 03.2002
Property and Casualty Insurance License in 48 States.
Bachelor of Arts - Accounting And Finance
La Salle University
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