Jeff Hester

Jeff Hester

Race Engineer / Data Acquisition Engineer

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location of Jeff HesterGreater Cleveland

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  • Timeline

  • About me

    Business Leader at Progressive Insurance

  • Education

    • The University of Chicago - Booth School of Business

      2012 - 2014
      Master of Business Administration (MBA) General Management, Finance, Strategic Management, Operations Management, Entrepreneurship Graduated with High Honors, Academic Award (Valedictorian), Beta Gamma Sigma

      Activities and Societies: Booth Leadership Group (co-chair), Booth Ambassadors Admissions Team, Booth Consulting Club, Booth Corporate Strategy and Management Group

    • Purdue University

      2001 - 2005
      Bachelor of Science (B.S.) Electrical Engineering

      Activities and Societies: Society of Automotive Engineers Formula Team, Purdue Automotive Performance Association, Purdue All-American Marching Band, Purdue Symphonic Band, Purdue Symphonic Orchestra

  • Experience

    • LG Motorsports

      Mar 2004 - Oct 2010
      Race Engineer / Data Acquisition Engineer

      Part-time professional race engineer, pit strategist, data acquisition specialist, and marketing video producer for a Corvette road racing team competing in SCCA World Challenge, IMSA American Le Mans, and Grand American series.

    • Progressive Insurance

      Dec 2005 - Jul 2008
      Facility Engineer

      As the first dedicated engineer hired at Progressive, I worked to establish energy management ‎programs and provide engineering expertise for a 150-member corporate real estate group managing ‎‎5 million square feet of commercial office space and two mission-critical enterprise data centers.‎We created a corporate energy efficiency program and supply-side purchasing strategy which ‎managed a combined annual energy portfolio of $15mm expense and achieved in saving over $1mm ‎per year. I also designed net present value analysis to evaluate potential efficiency projects and led ‎cross-functional project teams to deliver critical infrastructure expansion projects within both active ‎data centers.‎ Show less

    • H.F. Lenz Company

      Jun 2008 - Jan 2013
      Engineering Consultant

      As an engineering consultant, I provided energy management subject matter expertise, ‎project management, and technical education for my clients.‎I specialized in providing analysis, design, and construction management services of data center and ‎corporate energy efficiency projects. I also designed and lead energy management programs and worked ‎collaboratively to ensure consistent and sustainable multi-year results.‎I served a variety of Fortune 500 clients in the financial services and energy management sectors.In addition to my engineering duties, I was a presenting member of the H.F. Lenz corporate sales executive presentation team.‎ Show less

    • Fini Photography LLC

      May 2009 - Mar 2011
      Wedding Photojournalist / Co-Founder

      Co-founding partner of photo journalism firm contributing business case research, website and marketing material development, and wedding photography.

    • AMB Aero Design

      Oct 2009 - Sept 2011
      Design Consultant / Co-Founder

      International experience as a co-founding partner of vehicle design and development consultancy for sports car racing teams competing world-wide in IndyCar, World Time Attack, Vintage SCCA, and Bonneville Speedweek series.

    • Progressive Insurance

      Jan 2013 - now

      Profit and loss responsible for $4 billion annual premium Florida auto insurance business leading product, pricing, and marketing efforts:+ Generated #1 fastest revenue growth of 47% ($279M) in 2-years while previously managing the SC/KY auto insurance product by designing and implementing a state-specific product strategy of improved pricing segmentation with a challenging regulatory and claims environment.+ Orchestrated cross-functional Product / R&D team to optimize territory rating best practices and research; results include $20M 5yr underwriting profit segmentation opportunity and assisting multiple states achieve >100 ASE gains.+ Recovered Utah auto product from $4.8M loss to $12.3M profit through pricing, segmentation, and a range of non-rate actions.+ Improved Idaho product, pricing, and distribution generating 17% revenue and 200% profit growth year-over-year+ Identified and implementing terminated agent commission opportunity worth over $10M annual savings.+ Selected in 1st cohort of Senior Leadership Development Program, resulting in >$10M capstone project within the property product. Show less Hired and managed a team of engineers and data specialists as internal consultants to design, analyze, and optimize the operations of over 6 million square feet of commercial real estate, including two enterprise data centers:• Recruited by EVP of Claims Strategy to create collision shop strategic plan, impacting $1.1 billion in annual cost including industry, competitive, and field analysis to improve network performance and customer satisfaction.• Led a collaborative Real Estate and IT team in creating a business plan to monetize vacant data center capacity, offering $4 million of additional revenue, presented to CFO and CIO, currently entering implementation planning.• Directed internal and external engineering teams in support of $96 million Service Center construction program.• Optimized corporate energy performance to reduce total expense by over $7 million per year, a 35% improvement. Show less

      • Business Leader

        Mar 2021 - now
      • Product Manager

        Mar 2015 - now
      • Manager of Engineering Operations

        Jan 2013 - Mar 2015
  • Licenses & Certifications

    • Accredited Tier Specialist

      The Uptime Institute
      Jan 2010
    • LEED Accredited Professional

      U.S. Green Building Council
      May 2009
    • Engineer in Training

      National Council of Examiners for Engineering and Surveying
      Oct 2005