Andy Renn, CFA, MAcc

Experience

• 

  Institutional Capital, LLC

  Aug 2006 - Nov 2008

  Portfolio Accountant
• 

  New York Life Investment Management

  Nov 2008 - Oct 2011

  • Senior Securities Operations Analyst

    Mar 2011 - Oct 2011

  • Securities Operations Analyst

    Nov 2008 - Mar 2011
• 

  Zurich Insurance Company Ltd

  Oct 2012 - Oct 2017

  Supported quarterly business unit reviews by providing financial analysis challenging financial plans submitted by the businesses helping to drive future profitable growth and more realistic forecasts and plans. Collaborated with mergers and acquisitions on the development of financial models used to analyze underperforming businesses for potential future restructuring.• Analyzed and challenged monthly financial results which led the team to focus on underperforming businesses in the Middle East and Africa eventually leading to the sale of several underperforming businesses.• Developed an Excel-based business analysis model that brought data together from many sources allowing for more effective and timely analysis of business unit results; the model was the first of its type that contained both general KPIs and capital return measures allowing for more detailed analysis helping to drive critical business unit decisions and more accurate financial forecasts and plans.• Influenced senior leadership through the preparation of quarterly business unit review packs utilizing net income, sales, and margin analysis to help guide management when making strategic and tactical decisions; business unit reviews directly impacted decisions to grow or shrink businesses. Show less Responsible for the monthly close process for the Middle East and Africa unit including reconciliation between the management reporting system and the accounting system. Performed monthly financial analysis for the Middle East region helping to challenge financial results and drive concrete actions to control expenses.• Delivered monthly high-quality profitability presentations to the Middle East regional CFO and Property & Casualty (P&C) segment CFO with commentary and analysis highlighting the key drivers of performance including sales, margin results, and net income.• Provided timely and accurate support related to all aspects of financial planning and analysis (FP&A) including resolving system-related issues and guidance on forecasting and planning enabling delivery of accurate results. Show less Led performance management close at the segment level including analysis of key performance indicators and delivery of monthly financial analysis packs containing commentary and analysis utilized by the Group CFO. Provided financial planning and analysis support across the business including best practices enabling more accurate monthly forecasts and annual plans.• Reviewed quality of numbers to ensure delivery of highly accurate profitability presentations to segment CFO allowing for better informed decision making. • Provided support for analysis of monthly results across the Property and Casualty segment to the head of financial planning and analysis (FP&A) including analysis of sales, expenses, and net income; analysis was utilized when challenging business unit sales and margin metrics to help deliver annual financial targets. Show less

  • Senior Business Performance Analyst, Planning and Performance Management (FP&A)

    Aug 2014 - Oct 2017

  • Regional Analyst, Planning and Performance Management (FP&A)

    Aug 2013 - Aug 2014

  • Segment Analyst, Planning and Performance Management (FP&A)

    Oct 2012 - Aug 2013
• 

  Zurich North America

  Oct 2017 - Nov 2023

  Assistant Vice President, Capital Management (Treasury)

  Responsible for managing the relationship between Zurich North America and major rating agencies to ensure the highest possible rating was issued allowing Zurich to secure new insurance customers while keeping borrowing costs low. Collaborated with executive management for various reviews and financial analysis including risk reviews and capital reviews helping drive critical business decisions.• Spearheaded preparation of annual rating agency meeting materials through collaboration with heads of Finance, Underwriting, and Strategy functions to craft key messaging and relevant content to ensure exceptional rating level maintained.• Successfully led annual rating agency meetings between Zurich senior leadership and rating agencies, a critical component for Zurich to maintain its strong rating.• Supported management of $7.5B of capital through quarterly analysis to ensure the most efficient level of capital was maintained to support regulatory requirements while also pooling capital at the Group to ensure fungibility. • Led financial analysis of Zurich American Insurance Companies regulatory target capital ratio with support from Group; analysis led to regulatory approval of dividends above annual targets enabling Zurich North America to exceed its cash remittance targets supporting capital efficiencies across the Group. • Supported high-impact projects by providing finance thought leadership and expertise across diverse topics including mergers and acquisitions, reinsurance, and regulatory matters through partnership with key functions across North America and Zurich Group with significant financial impacts in future years. Show less

• 

  First Chicago Insurance Company

  Apr 2024 - now

  Director of Accounting