
Mark Macak

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About me
Vice President, Financial Operations at Gallagher Bassett Services, Inc.
Education

DePaul University - Charles H. Kellstadt Graduate School of Business
2001 - 2004Master of Business Administration (M.B.A.) Finance, General
Loyola University Chicago
1988 - 1994Bachelor of Business Administration (B.B.A.) Accounting
Experience

CNA Insurance
Jun 1994 - May 2015• Directed team of 7 to 10 to ensure monthly and quarterly results for P&C Segments were accurate and analyzed thoroughly.• Drove development of team through direct, focused feedback to ensure strengths and areas for improvement were clearly communicated.• Prepared, coordinated, presented and engaged others to present training classes that allowed for learning opportunities.• Encouraged movement of talent across organization in order to broaden experiences.• Successfully implemented DAC ASU 2010-26 guidelines through collaboration.• Automated DAC and Contingent Commission processes.• Consistently encouraged process improvements within team and other close related areas.• Regularly sought out opportunities for cost savings and efficiency. Show less
Director of Financial Analysis (Claims Finance & Corporate)
Aug 2012 - May 2015Accounting Director
Mar 2007 - Aug 2012Accounting Director (Statutory Insurance)
Jan 2001 - Mar 2007Various Reporting, Analysis and Accounting Roles
Jun 1994 - Jan 2001

Gallagher Bassett Services, Inc.
May 2015 - nowVice President, Financial OperationsGuide. Guard. Go Beyond.- - Safeguard client assets related to loss fund accounts.- - Replenish loss fund accounts via timely and accurate invoicing process accompanied with detailed reconciliations.- - Calculate, analyze and explain imprest determinations.- - Work with clients, account managers and others to effectively remedy any concerns associated with loss funding.- - Apply recoveries appropriately to proper claim files.- - Accurately and efficiently determine service fee billing and invoicing.- - Provide the highest level of customer service and communication with clients, account managers and others to ensure all parties fully understand billing components.- - Partner with other Gallagher Bassett and AJ Gallagher teams to ensure timely and accurate reporting of all financial information.- - Work to ensure our clients are provided with the highest level of customer service. Show less
Licenses & Certifications

Certified Public Accountant
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