Raymond Dowling
Certified Arbitrator
vCard
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Current Employment
| Company: |
Dowling Advisors, Inc |
| Position(s) and Responsibilities: |
President - Founded company to explore investment opportunities in insurance/reinsurance companies in run-off and to provide companies with specialized consulting services.
Company has focused on restructuring of financial guarantee and mortgage insurance companies through recent credit crisis. |
| Address: |
74 Bay Drive
Massapequa,, NY 11758
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| Phone: |
516-659-3428 |
| Email: |
dowling.ray@gmail.com |
Offering Services as Expert Witness in:
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Excess of Loss Reinsurance Agreements, Facultative Certificates, Insurance Underwriting, Pro Rata / Quota Share Reinsurance Agreements, Workers Comp Underwriting, Accounting, Commutations, Derivative Contracts, Credit Default Contracts, Financial Guarantees, Finite / Financial Reinsurance / Alternative Risk, Industry Loss Warranties, Surplus Relief Contracts |
Previous Employment
| Company: |
Converium Reinsurance (NA) Inc (2003-2007) |
| Position(s) and Responsibilities: |
SVP & Chief Reinsurance Officer responsible for overseeing $2.6 billion reinsurance assumed portfolio in run-off, executing run off plan and wind down through commutations and claim settlement resulting in removing liabilities of $1.7 billion over an eighteen month period. In addition responsible for overseeing handling of complex reinsurance disputes.
Prior to managing run-off responsible for overseeing Risk Strategies Division which wrote approx. $500 million book of finite reinsurance . |
| Company: |
Towers Perrin Re (1995-2003) |
| Position(s) and Responsibilities: |
VP and Principal primarily broking finite risk and capital market solutions |
| Company: |
AIG Reinsurance Advisors (1991-1995) |
| Position(s) and Responsibilities: |
VP responsible for originating and underwriting structured reinsurance programs |
| Company: |
Citigroup (1983-1991) |
| Position(s) and Responsibilities: |
VP-Global Insurance Division -responsible for monitoring financial performance of international insurance businesses including financial guarantee, insurance brokerage and political risk.
Responsible for assessing business plans and evaluating acquisition opportunities. |
| Company: |
Coopers And Lybrand (1978-1983) |
| Position(s) and Responsibilities: |
Worked in the Insurance practice responsible for auditing life, P&C and reinsurance companies |
Credentials
| Attorney: |
No |
| Education: |
St Francis College 1978
Brooklyn NY |
| Degrees: |
BS Accounting |
| Designations: |
Certified Public Accountant
NASD Registered Principal(Expired) |
Work Experience
Insurance Company:
30 years
Underwriting Department:
8 years.
Chief reinsurance officer, SVP underwriting and VP
Finance Department:
13 years.
Various including public accounting, VP Finance
reinsurance broker:
9 years.
VP and Principal
Breakdown of Experience
| Finite |
25% |
| Financial Guarantee |
20% |
| Worker's Compensation |
10% |
| Commutations |
10% |
|
| Construction Defects |
5% |
| Directors & Officers |
5% |
| Architects & Engineers |
5% |
| Catastrophes (Property) |
5% |
|
| Commercial Liability |
5% |
| Personal Lines |
5% |
| Professional Liability/Errors & Omissions |
5% |
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By Market
U.S. Market:
50%
U.K. Market:
15%
Bermuda/Off-shore Market:
15%
European Market:
10%
Global Market:
10%
Insurance vs. Reinsurance: 20/80%
Treaty vs. Facultative Reinsurance: 80/20%
Former Insurance or Reinsurance Company Officer
ARIAS Experience
Workshops, as Trainee: 1; September 2007
Ethics Training, as Trainee: 1; April 2010
ARIAS Conference Faculty: 1; Fall 2007
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