Steve is a seasoned executive with a solid history of success in financial leadership roles in insurance, financial services, non-profit and other environments. He has developed significant expertise in enterprise risk management, corporate governance, financial analysis and reporting, external and internal audits, project management and regulatory affairs. He has accomplished this through serving as CFO for publicly traded and privately held companies, as Chief Financial Analyst and Chief Regulatory Officer for the Ohio Department of Insurance, Vice President of Corporate Governance for a publicly traded company, and as a Big-4 audit manager. In these roles he gained experience in developing and executing programs and initiatives that improve operational efficiencies, and became well-versed in working with investors, analysts, board directors, executive management, government leaders, regulators, reinsurers, brokers, attorneys, actuaries, information technology professionals, rating agencies, vendors, banks, agents, and staff.
Steve’s financial and management competencies include team building and leadership, staff training and development, cost analysis and reduction, strategic planning and analysis, profit and revenue optimization, process improvements, SEC reporting, financial modeling, mergers and acquisitions, debt and convertible note financing, regulatory compliance, program and project management, and cash flow optimization. Successful projects he has led include accelerating internal monthly financial reporting from the 12th working day to the 4th working day, reducing overtime by 40% and payroll costs by 10% through optimizing scheduling for an ambulance company, and doubling investment income without increasing risk through the selection of a new external investment manager. In addition, he led initiatives that resulted in reducing required capital for a property insurance company by $5 million through the development of a captive reinsurance program, and also reducing the catastrophe reinsurance costs for a property insurance company by $15 million through the development of a zip-code specific targeted quota share reinsurance program.
Steve holds a BA in Accounting and Business Administration from Otterbein University in Westerville, Ohio. He is a member of the American Institute of Certified Public Accounts and the Ohio Society of CPAs and has been a presenter for Insurance Accounting and Systems Association, E&Y Insurance Roundtable, and Federal Reserve Bank educational seminars. Steve is a licensed Certified Public Accountant in the State of Ohio. He also serves as a board director for Heritage Insurance Holdings, Inc. and as an advisory board member for SmartInsure.