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CHERIE RONDINELLI
1823 Newport Terrace, San Pedro, California 90732
Messages: (714) 668-3717 * Residence: (310) 519-1420 * Cell: (310) 903-2495
* cr64c79e@westpost.net
* Identified company for potential acquisition; managed due diligence team and d
eveloped the acquisition proposal.
* Led the negotiation for the successful acquisition resulting in greater divers
ification for Guardian Group, increased future revenues and national brand recog
nition.
* Implemented an office supply purchase plan and inventory tracking system which
reduced office supply costs $14,000 in the first quarter with continual quarter
ly reductions and increased profit margins.
GUY CARPENTER - Glendale, California 2001 - 2004
Reinsurance brokers with revenue of $20 billion and 2300 employees.
Vice President
Personally managed six key accounts for this reinsurance provider with 40 office
s and over 2,300 representatives worldwide. Directed and instructed staff on al
l company professional standards and E&O prevention initiatives. Developed wide
-scale business plans encompassing market share analysis, revenue projections, b
rokerage summaries and budgeting. Collaborated with all departments in developin
g reinsurance slips, cover notes and proper contract wording. Conducted highly
effective presentations to potential and existing clients, resulting in increase
d revenue.
* Developed company wide professional standards and E & O prevention initiatives
. Implemented a training program and auditing process resulting in the Surety R
einsurance Department becoming 98% compliant with company professional standards
and decreasing E & O exposure.
SAFECO INSURANCE COMPANIES - Santa Ana, California 1994 - 2001
Primary insurance company with revenue of $20 billion and 2000 employees.
National Bond Claims Manager
Responsibilities included full management of 5 offices nationwide. Trained staf
f in the California Fair Claims Practice Act. Developed, reviewed and implement
ed operating procedures to assist claims staff. Set reserving policies ensuring
claims units were properly applied. Managed claims effectively by utilizing au
xiliary services such as consultants and attorneys. Instrumentally involved in
the marketing department's efforts, selling to prospects. Assisted policyholder
s with claims and promoted policy renewals. Prepared monthly reports relating t
o statistical results, staff issues and any areas of concern. Directed/conducte
d operational issue staff meetings.
* Created and implemented a third party collection plan and team that resulted i
n reducing paid losses 34%.
* Designed and implemented a Surety Claims database that generated over $3 milli
on in revenue.
* Implemented tracking and monitoring methods and a training program that reduce
d the number of default judgments by 82%.
EDUCATION