NAME: Matthew Kahn
NEW JOB TITLE: Washington-based commercial division director, RCM&D
PREVIOUS POSITION: Washington-based mid-Atlantic real estate practice leader, Marsh LLC
INDUSTRY OUTLOOK: The insurance industrys outlook is very much tied to the outlook of the overall economy. Right now, like so many others, were hoping for a swift end to the pandemic.
GOALS FOR NEW POSITION: To help demonstrate the firms commitment to putting the clients first in all that we do. I will work to help further enhance the strong existing culture of quality client service.
CHALLENGES FACING THE INDUSTRY: Major challenges facing the industry include our ability to quickly and effectively address emerging risks. We are on the front lines of helping clients avoid, mitigate and transfer risk. As an industry, we have a great understanding of the traditional risks that can negatively impact businesses, but its just as important we are able to anticipate and address new and emerging risks. The industry as a whole has been slow to embrace new technology, but in recent years has made great strides. Insurance typically isnt the first industry young people set their sights on. However, those in the industry understand that insurance can provide an incredibly rewarding career and its critical that we deliver this message in order to attract talent to replace the large number of people expected to retire in the next five to 10 years.
FIRST EXPERIENCE IN THE INDUSTRY JOB MARKET: My first job out of college was working in an entry-level position for the CIMA Cos. Inc. I spent the first few months photocopying insurance policies.
ADVICE: Be patient, work hard, be kind and everything else will fall into place.
OUTSIDE THE INDUSTRY, A DREAM JOB: Real estate developer. Ive had some great developer clients over the years and Ive always been intrigued by the work even a bit envious at times. However, my recent attempt to build a bike ramp for my sons confirmed that I have no business working in design and construction.
COLLEGE MAJOR: Finance and marketing
LOOKING FORWARD TO: The opportunity to learn from my colleagues, including co-Division Director Bill Kable, who has been with the firm for more than 40 years and is greatly respected throughout the firm and the industry.
FAVOURITE MEAL: My wifes Italian stuffed peppers and tomato salad
BOOK: Fall of Giants, by Ken Follett
HOBBIES: Riding my bike, reading, playing cards with my family
TV SHOW: Game of Thrones
ON A SATURDAY AFTERNOON: Hang out with my wife and two sons
