Texas Mutual Insurance Company has hired Steve Math as senior vice president of underwriting. The company also announced that Cecily Gallagher, former senior vice president of underwriting and actuarial services, has assumed her new role as corporate actuary and chief risk officer.
Math will oversee the company’s underwriting, marketing and loss prevention services.
Gallagher will provide actuarial analysis of long-term and critical strategic issues for senior management and the board. She will also oversee the pricing and reserving actuarial function, head up risk quantification analysis, and assist with risk mitigation efforts.
Math most recently served as senior vice president and chief actuary of Argo Insurance Group, the parent company of Argonaut Specialty. Prior to that, he served in chief actuary roles at ACE Insurance Group and CNA. He holds a bachelor’s in mathematics from MIT and a master’s in management from the University of Texas at Dallas. He has earned the Fellow of the Casualty Actuarial Society designation, the Chartered Property and Casualty Underwriter designation, and the Member of the American Academy of Actuaries designation.
Prior to joining Texas Mutual in 1998, Gallagher worked as a consultant and principal with Tillinghast/Towers Perrin for almost 20 years. She earned a bachelor’s in mathematics from Trinity University in San Antonio and a master’s in statistics from Southern Methodist University in Dallas. She is a Fellow of the Casualty Actuarial Society and a member of the American Academy of Actuaries.
Source: Texas Mutual Insurance Company, www.texasmutual.com
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