Rich Fachet
New Providence,NJ
Summary
Dynamic leader with a proven track record at Argo Group US, adept in strategic planning and team management. Excelled in enhancing profitability and expanding distribution networks, showcasing expertise in financial management and negotiation. Achieved significant partnerships and portfolio growth, demonstrating exceptional product development skills and a commitment to excellence.
Overview
29
29
years of professional experience
Work History
Management Liabilty and FI Lead
Argo Group US
New York, NY
11.2024 - 01.2025
- Provided organizational leadership and collaborated with business partners to establish and implement long-term goals, strategies, and business initiatives.
- Led strategic planning and execution to enhance profitability by working with business stakeholders to accurately establish P&L, toward fiscal goals.
- Managed relationships with external partners, vendors, and stakeholders to ensure development of partnerships.
Financial Institutions Lead
Argo Group US
New York, NY
07.2021 - 11.2024
- Oversaw a 10-person nationwide team underwriting a diversified portfolio and size of Financial Institutions.
- Oversaw portfolio management, including budgeting, planning, actuarial and claims collaboration, and goal setting to achieve financial metrics.
- Help develop and release multiple forms and strategies.
- Establish and maintain relationships with key stakeholders, customers, and producers to ensure the development of partnerships and relationships.
Vice President
Argo Group US
New York, NY
03.2018 - 07.2021
- Underwrote a diversified portfolio of financial institutions nationwide.
- Improved the production base by utilizing prior experience to expand the distribution network.
- Exceeded sales goals through cross-selling within the existing client base and expanding on the current production network.
Underwriter - 2VP Asset Management Liability
Travelers Insurance
New York, NY
03.2001 - 03.2018
- Progressed from underwriter to National Asset Management Liability Business Unit lead.
- Successfully managed the NY Asset Management team to expand the team and a profitable NY portfolio.
Claims Adjuster
AIG
New York, NY
12.1995 - 03.2001
Education
Bachelor of Science - Business Management
Providence College
Providence, RI05-1995
Skills
- Strategic Planning
- Team management and development
- Product development and guidelines
- Financial management
- Negotiation
Timeline
Management Liabilty and FI Lead
Argo Group US
11.2024 - 01.2025
Financial Institutions Lead
Argo Group US
07.2021 - 11.2024
Vice President
Argo Group US
03.2018 - 07.2021
Underwriter - 2VP Asset Management Liability
Travelers Insurance
03.2001 - 03.2018
Claims Adjuster
AIG
12.1995 - 03.2001
Bachelor of Science - Business Management
Providence College
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