Maricela Escobales
Rahway,NJ
Summary
Expertise in risk management and insurance. Demonstrated success in implementing comprehensive solutions that drive organizational value. Strong interpersonal and communication skills facilitate effective stakeholder relationships, and a strong work ethic to any team.
Overview
19
19
years of professional experience
Work History
Senior Risk Analyst
Avis Budget Group
Parsippany, USA
01.2016 - Current
- Contribute annual policy renewal process for comprehensive US and Canada insurance portfolios, including casualty, property, environmental, cargo, executive risk lines, overseeing budgeting, forecasting and negotiating premium rates.
- Led the renewal ancillary optional insurance products for operations, including supplemental liability insurance (SLI), Personal Accident Insurance (PAI) and Personal Effects Protection (PEP).
- Maintain licensing process for all ancillary insurance program and business operating companies, successfully managing state-specific filings to ensure renewal of producer limited licenses, mitigating operational compliance risks.
- Manage $300M+ surety bond portfolio, ensuring compliance and financial optimization of concession, security deposit, bid, and appeal bonds.
- Streamline auto self-insurance authorization workflows, managing annual renewals and quarterly filings with all states to ensure compliance with financial responsibility requirements.
- Manage certificate of insurance program, audited and endorsed documentation to meet contractual requirements for airport authorities and landlords operations.
- Oversee third-party vendor relationship dedicated to monitoring local supplier insurance compliance, effectively mitigating liability in all contract agreements.
- Review supplier and concession contracts to align with company guidelines, minimizing exposure to potential liabilities.
- Participate in M&A due diligence projects, providing critical insights that led to successful assessments of coverage programs and aligning them with company strategic goals.
Risk Management Consultant
Aon Global Risk Consulting
Parsippany, USA
06.2007 - 12.2015
- Assisted annual policy renewal process for comprehensive US and Canada insurance portfolios, including casualty, property, environmental, cargo, executive risk lines, and ancillary optional insurance products, overseeing budgeting, forecasting, and premium rate negotiations.
- Oversaw $300M+ surety bond portfolio, ensuring compliance and optimizing financial performance of concession, security deposit, bid, and appeal bonds.
- Managed the certificate of insurance program, auditing and endorsing insurance documentation to satisfy all contractual requirements for Airport Authorities and landlords operations.
- Contributed to M&A due diligence projects by assessing coverage programs and identifying potential risks.
- Streamlined the WC Monopolistic State filings Program.
Education
Associate of Science - Business Administration - Accounting
Berkeley College
New JerseySkills
- Risk Management and Insurance
- Insurance Portfolio Management
- Budgeting and forecasting
- Surety bond management
- Broker and underwriting relationship management
- Compliance monitoring
- Critical problem solving
- Attention to detail
- Effective communication
Languages
Portuguese, conversational
Professional Courses
- Fundamentals of Insurance Class
- Risk Management and Insurance Seminar
- Essentials of Workers Comp Seminar
- Casualty, Property and Cyber Risk Webinar
Professional Licenses
- New Jersey, Property & Casualty, 3000607143
- New Jersey, Real Estate, 2298603
Timeline
Senior Risk Analyst
Avis Budget Group
01.2016 - Current
Risk Management Consultant
Aon Global Risk Consulting
06.2007 - 12.2015
Associate of Science - Business Administration - Accounting
Berkeley College