Douglas Schmude, Afsb
About Douglas Schmude, Afsb
Douglas Schmude serves as the Regional Director at AXA XL, where he specializes in manuscripting bond language and risk assessment of bond portfolios. With extensive experience in the surety industry, he has held various positions at notable firms such as Mesirow Financial, Alliant Insurance Services, and Aon Risk Services.
Work at AXA XL
Douglas Schmude has served as Regional Director at AXA XL, a division of AXA, since 2019. In this role, he focuses on managing and directing regional operations, specifically within the surety sector. His responsibilities include overseeing risk assessment processes and ensuring that bond portfolios are effectively managed to meet client needs. His expertise in customizing bond agreements contributes to the overall efficiency of the underwriting operations.
Professional Experience in Surety
Douglas Schmude has extensive experience in the surety industry. Prior to his current role, he worked at Alliant Insurance Services as AVP, Surety Account Executive - Lead from 2014 to 2019. He also held the position of Vice President - Surety at Mesirow Financial from 2014 to 2016. Earlier in his career, he worked at Aon Risk Services in various roles, including Surety Analyst from 2006 to 2012 and Account Specialist from 2003 to 2006, and at Marsh as Assistant Vice President in the Surety Client Advisory Department from 2012 to 2014.
Education and Expertise
Douglas Schmude holds a Bachelor of Science degree in Marketing Communications from Eastern Illinois University, which he completed from 1996 to 2001. He has furthered his expertise in the surety field by attending Chubb Surety Producer School in 2013 and the William J. Angell Surety School, Level III in 2015. His education and training have equipped him with specialized knowledge in manuscripting bond language and risk assessment.
Specialization in Risk Assessment
Douglas Schmude specializes in risk assessment of bond portfolios. He focuses on identifying and managing potential risks to ensure that clients' needs are met effectively. His expertise extends to collateral and capacity management, where he optimizes resources to support surety underwriting operations. This specialization is critical in maintaining the integrity and efficiency of the surety process.