Chuck Scherer joined Aon Insurance Managers (Bermuda) Ltd. in January 2013 as Senior Vice President with responsibility for managing and directing the services provided to large multi-national clients with complex insurance programs specializing in the Insurance-Linked Securities market including the development, structuring, licensing, and management of natural catastrophe bonds, transformers, sidecars, and life insurance securitizations.
Chuck graduated from Rutgers University in New Brunswick, New Jersey with a Bachelor of Science degree in Accounting, and then obtained an M.B.A. ? Masters of Business Administration in Finance from Fairleigh Dickinson University in Madison, New Jersey. He started his insurance and finance career with a full service broker/dealer and investment banking institution based in New Jersey, where he served in all areas of the Accounting Department, specializing in the equity underwriting business. He then moved on to Charleston, South Carolina to work for a large global captive management firm as a Senior Account Manager responsible for Special Purpose Financial Captives ?SPFCs?. Chuck managed (23) SPFCs and in his role, monitored the regulatory compliance, documented company formations and tracked NAIC filings for compliance and adherence to regulatory Orders and license stipulations. In addition to SPFCs he led a team that performed accounting and regulatory services to both traditional Life and P&C insurance companies that chose to outsource their accounting and regulatory process operations.
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