Professional Summary
Professional Overview
Larry Butler is an experienced financial underwriting professional with over 20 years of industry expertise. As the Sr. Director of Financial Underwriting at Blue Cross and Blue Shield, he leads a team responsible for evaluating the financial risk and viability of insurance applicants.
Experience Summary
Current Role
In his current role as Sr. Director of Financial Underwriting at Blue Cross and Blue Shield, Larry is responsible for overseeing the financial underwriting process for the organization's national accounts. He manages a team of 15 underwriters and is instrumental in developing and implementing risk assessment strategies that have contributed to Blue Cross and Blue Shield's industry-leading profitability. Under Larry's leadership, the financial underwriting team has achieved a 20% reduction in claim costs over the past 3 years.
Career Progression
Prior to joining Blue Cross and Blue Shield, Larry served as an Underwriter for National Accounts at Great West, where he gained valuable experience in evaluating the financial health and risk profiles of large corporate clients. In this role, he was recognized for his ability to identify and mitigate potential financial risks, leading to a 15% increase in client retention rates.
Academic Background
Larry holds a Bachelor's degree in Finance from the University of Massachusetts, where he graduated cum laude. He has also completed advanced coursework in financial analysis and risk management, further strengthening his technical expertise in the field of underwriting.
Areas of Expertise
- Financial risk assessment and underwriting
- Actuarial analysis and modeling
- Insurance portfolio management
- Team leadership and performance optimization
- Regulatory compliance and risk mitigation
Professional Impact
Throughout his career, Larry has been instrumental in driving operational efficiency and profitability for his employers. His innovative approaches to financial underwriting have led to significant cost savings and improved risk management for his clients. Larry is also an active contributor to industry publications and conferences, sharing his insights on emerging trends and best practices in financial underwriting.
Conclusion
With his extensive experience, technical expertise, and proven track record of success, Larry Butler is a highly valuable asset to Blue Cross and Blue Shield. In his current role, he continues to make significant contributions to the organization's financial performance and risk management strategies, positioning the company for long-term growth and sustainability.
