Bermuda-based specialty property and casualty re/insurance coverage agency Sompo Worldwide has introduced that Mike Connelly will be part of the Sompo Worldwide Reinsurance crew as Chief Monetary Officer (CFO), World Reinsurance.
Connelly beforehand served as CFO, Specialty Industrial at The Hartford, a task he held since 2017.
Previous to this he spent six years as Vice President, Enterprise Monetary & Funding Planning & Evaluation at MassMutual Monetary Group.
On this function, Connelly led the transformation of enterprise planning course of and instruments together with funding earnings by tactical adjustments and expertise options for an organization with $30 billion in income.
Between 2010 and 2012, Connelly held one other function at The Hartford as CFO, Retirement Plans, through which he led all monetary and actuarial actions.
Earlier than this, he labored as Vice President, Investor Relations & Company Finance at Vacationers between 2005 and 2009, main the day-to-day administration of institutional investor relations and senior monetary enterprise-wide tasks.
Earlier roles additionally embody Vice President, Strategic Planning & Evaluation at Citi, and one other 7-year stint at Vacationers through which Connelly held numerous positions.
“With practically 30 years of trade expertise, Mike has experience main all points of finance, danger and technique,” Sompo acknowledged.