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Chapter Volunteer Profile
By Patrick Raleigh, Merrill Corporation, IASA Land O' Lakes Chapter Past President
Timothy W. Flaherty, Senior Manager, Johnson Lambert LLP, Midwest Chapter Secretary/Treasurer
What was the first IASA Chapter event you attended and what inspired you to go?
My first event was the Midwest fall golf outing and I couldn't have imagined a better way to be introduced to IASA than with golf and cold beer.
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What is the biggest benefit of having access to insurance education locally to you and your company?
You won’t find a better opportunity to obtain quality education about topics affecting the insurance industry at an excellent price like you do at IASA. Also, the opportunity to network with your co-workers and colleagues throughout the industry is both insightful and fun.
If money was no object...what would you love to do for a living?
Tough call. Try to become a professional golfer is what comes to mind first, with the key word being “try”. Realistically, I would go to culinary school and become a chef since I really enjoy cooking.
o you have any hobbies that could affect your personal insurance premiums?
To be honest, I am very accident-prone by nature, so just walking and chewing gum at the same time could turn into a catastrophic event at any moment. I decided to get into woodworking recently (thanks to my wife’s Pinterest problem) and am constantly reminded to be careful to not lose a finger… I am proud to say my woodworking work space has been accident-free for 45 days now.
Do you volunteer for any other organization other than the IASA? If so, which organization and why?
I don’t volunteer at an officer-level for any other organizations, but I am an active member of the IL CPA Society. The CPA Society provides networking opportunities and allows me to interact with accounting experts across various industries.
Besides family and friends, what 3 things could you NOT live without?
My dog, Holly, who would be happy to know I listed her first, golf clubs, and fantasy football.
How did you first get started in the insurance industry?
Insurance is in my blood. My dad started off in public accounting, auditing insurance companies, before moving into the industry. After I spent a year working for a small, regional accounting firm, I was offered the opportunity to join a newly formed Johnson Lambert office with a primary focus on auditing insurance companies. I then learned quickly that I really enjoyed the complexities and nuances of the insurance industry, which continue challenge me every day.
What would you say to a colleague, or even a peer at another company, who has never attended an IASA Chapter event about getting involved?
It is a great opportunity to get to know other professionals and gain perspective on the various roles within the insurance industry… but if that doesn’t interest you, the chance to golf on a work day should be very persuasive!
What is your current job and what aspect of your position do you find most rewarding?
I am a Senior Manager at Johnson Lambert and specialize in auditing insurance companies, employee benefit plans and non-profit organizations. What I find most rewarding is when my team and I are able to beat a deadline and make the audit feel seamless from the client’s perspective. My hope is to make the audit process a positive experience rather than an annual headache, like filing your taxes.
So after a tough day...is your release a good workout, a certain food, or something over ice?
Do I have to pick just one? My tough days are best cured by watching sports, ordering pizza, and drinking a glass of Jameson on the rocks.
Pictured: Timothy, Wife, & Dog (Holly)
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