Passionate for people, continuous learning, and developing leadership cultures. Expertise in operational efficiency, innovative AI solutions to drive growth and a prudent, skilled approach to risk management.
Overview
41
41
years of professional experience
Work History
Chief Executive Officer
01.2019 - 01.2021
Increased shareholder value by growing insurance in-force and effectively driving operational efficiencies, maintaining strong credit quality, and managing capital
Oversaw the company’s day-to-day management and financial performance
Led the development and execution of long-term strategies for the organization
Established and executed on significant operational and financial goals
Instituted a differentiated value proposition and maintained a collaborative culture
Nearly doubled insurance in-force from $69B to $137B
Developed culture statement in 2019 to define and relay core values (People, Profit, Customer, Community – PPCC)
Company was recognized on Fortune Magazine’s 100 Fastest-Growing Companies list for its combined revenue, net income, and stock price performance
Drove transformation, innovation, efficiency, and cost management
Coordinated the outsourcing of NMI’s Information Technology Department, resulting in $70MM in savings over seven years.
NMI HOLDINGS, INC
01.2012 - 01.2021
NMI provides private mortgage guaranty insurance services in the U.S
The company serves national and regional mortgage centers, banks and credit unions, builder-owned mortgage lenders, and internet-sourced lenders
Revenue approximates $470MM
(Nasdaq: NMIH)
President
01.2018 - 01.2019
Chief Operating Officer
01.2016 - 01.2018
Led sales, business development, marketing, operations, servicing, and information technology
Responsible for the strategy that achieved government sponsored (Fannie Mae and Freddie Mac) approval for National MI’s systems and processes, enabling retention of $500MM in investor capital
Developed a distinct value proposition, Delegated Assurance Review, inclusive of a certainty of coverage program
Adopted as master policy for all mortgage insurance companies
Managed and staffed the entire operations team
Created a metrics-driven sales organization, driving significant new customer growth.
EVP, Chief of Insurance
01.2015 - 01.2016
Led operations as well as field sales, national accounts, and business development, increasing market share and profitability
Managed strategy to establish greater market presence.
EVP, Chief of Insurance Operations
01.2013 - 01.2015
Managed underwriting, quality assurance, servicing, claims, document imaging, and solution center
Developed standardization and operating procedures for all operations departments.
SVP
01.2012 - 01.2013
Provided operations leadership and orchestrated engagement with Fannie Mae and Freddie Mac to win full approval for National MI.
Vice President
01.2004 - 01.2012
PMI MORTGAGE INSURANCE CO
01.1996 - 01.2012
PMI Mortgage, a subsidiary of The PMI Group, provides residential mortgage insurance coverage in the U.S
The company maintains systems, processes, and contact points for policy servicing, loss mitigation, and claims operations
Revenue approximates $16MM
(Private)
Managing Director
Northeast Region
01.1996 - 01.2004
Vice President, Regional Manager
MERIDIAN MORTGAGE CORPORATION
01.1990 - 01.1996
Manager
ROTHROCK MOTOR SALES, INC
01.1985 - 01.1989
Bank Trainer
MERIDIAN BANK
01.1980 - 01.1985
Education
BS - Management and Economics
The Wharton School of the University of Pennsylvania
2006
Skills
Leadership and People Development
Efficiency & Optimization
Controls Systems Enhancement
Strategic Partnership
Business Development
Financial Management
Profit and Loss
Strategic Planning
Affiliations
San Francisco, CA Partner (Nancy)
Timeline
Chief Executive Officer
01.2019 - 01.2021
President
01.2018 - 01.2019
Chief Operating Officer
01.2016 - 01.2018
EVP, Chief of Insurance
01.2015 - 01.2016
EVP, Chief of Insurance Operations
01.2013 - 01.2015
NMI HOLDINGS, INC
01.2012 - 01.2021
SVP
01.2012 - 01.2013
Vice President
01.2004 - 01.2012
PMI MORTGAGE INSURANCE CO
01.1996 - 01.2012
Managing Director
Northeast Region
01.1996 - 01.2004
Vice President, Regional Manager
MERIDIAN MORTGAGE CORPORATION
01.1990 - 01.1996
Manager
ROTHROCK MOTOR SALES, INC
01.1985 - 01.1989
Bank Trainer
MERIDIAN BANK
01.1980 - 01.1985
BS - Management and Economics
The Wharton School of the University of Pennsylvania