Professional Summary

Professional Overview

Mark Groenheide is an accomplished Chief Revenue Officer (CRO) with extensive expertise in the insurance industry. He currently serves as the CRO at NormanMax Insurance Solutions, where he is responsible for driving revenue growth and strategic business development. Additionally, he holds the role of Lead Underwriter at Conductive Underwriters, LLC, and serves on the Board of Directors at Vitamin Energy, LLC.

Experience Summary

Current Roles

Chief Revenue Officer (CRO), NormanMax Insurance Solutions (2023-07-01 to Present)

• Spearheading revenue growth initiatives and implementing effective sales strategies to expand the company's market share

• Overseeing the development and execution of go-to-market plans, ensuring alignment between sales, marketing, and product teams

• Establishing and strengthening key partnerships and strategic alliances to diversify revenue streams

• Providing executive-level leadership and mentorship to the sales and business development teams

Lead Underwriter, Conductive Underwriters, LLC (2023-02-01 to Present)

• Responsible for analyzing complex risk profiles, pricing insurance products, and making informed underwriting decisions

• Collaborating with the actuarial team to develop innovative risk management solutions

• Identifying emerging trends and market opportunities to enhance the company's underwriting portfolio

Board Member, Vitamin Energy, LLC. (2022-12-01 to Present)

• Providing strategic guidance and oversight to the company's leadership team

• Advising on business growth strategies, product development, and operational optimization

• Leveraging industry expertise to contribute to the company's decision-making and long-term success

Career Progression

Senior Vice President & Director of Specialty Insurance Programs, New Paradigm Underwriters, LLC. (2022-02-01 to 2024-05-01)

• Spearheaded the development and launch of multiple specialty insurance programs, resulting in a 25% increase in revenue

• Implemented data-driven underwriting strategies and risk management practices, leading to a 20% reduction in loss ratios

• Strengthened relationships with key distribution partners, expanding the company's market reach by 30%

Claims, Marketing, Risk Engineering, Underwriting Management & Senior Executive, Various Leading Insurance Carriers (2005-06-01 to 2022-02-01)

• Held progressive leadership roles across multiple insurance carriers, gaining extensive experience in various functional areas

• Demonstrated a track record of driving operational efficiencies, improving customer experience, and enhancing profitability

• Recognized as a subject matter expert in the industry, frequently invited to speak at industry conferences and events

Academic Background

Mark Groenheide holds a Bachelor of Science (B.S.) degree in Insurance and Risk Management from the University of Miami. He graduated with honors and was the recipient of the prestigious Dean's Scholarship.

Areas of Expertise

• Insurance industry expertise, with a focus on specialty programs, underwriting, and risk management

• Strategic business development and revenue growth

• Innovative product design and implementation

• Effective leadership and team management

• Data-driven decision-making and analytics

Professional Impact

• Spearheaded the development and launch of multiple successful specialty insurance programs, resulting in significant revenue growth for his employers

• Implemented data-driven underwriting strategies and risk management practices, leading to improved loss ratios and enhanced profitability

• Recognized as a thought leader in the insurance industry, regularly invited to speak at industry conferences and events

Conclusion

With his extensive experience, strategic mindset, and proven track record of success, Mark Groenheide is a highly sought-after professional in the insurance industry. As he continues to drive revenue growth, foster strategic partnerships, and contribute to the industry's evolution, he is well-positioned to make a significant impact in his current and future endeavors.