Erich Kruschitz

Chief Exploration Officer at Mavie Next
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Location
Vienna, Vienna, Austria, AT
Languages
  • Deutsch Native or bilingual proficiency
  • Englisch Full professional proficiency
  • Italienisch Elementary proficiency

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Experience

    • Austria
    • Wellness and Fitness Services
    • 1 - 100 Employee
    • Chief Exploration Officer
      • Apr 2020 - Present
    • Austria
    • Insurance
    • 700 & Above Employee
    • Head of Emerging Business Opportunities
      • Apr 2020 - Present

    • Head of Group Finance
      • Apr 2015 - Apr 2020

      Successfully implemented complete governance overhaul – 90 people divided in 4 departments and 11 teams (hired more than 40 new experts within 18 months incl. 14 team- and group heads). Reduced fluctuation from around 30% to currently 2% within 18 monthsResponsible manager for issue of a hybrid bond in a volume of EUR 500 mln in July 2015 Implemented group wide standards for several financial and operational tasks as well as IT SystemsHired, developed, and promoted a significant number of young talents to important group functionsDesigned and implemented an educational program in the form of a Finance & Risk Academy Show less

    • Head of Group Financial Risk Management
      • Jun 2011 - Mar 2015

      Setup of the Group Financial Risk Management department from scratch, managed the implementation of a group wide limit systems throughout different countries and departmentsImplemented of Group Regulatory Affairs Department with main responsibility over all supervisory authority interactions Co-responsibility in set up and successful execution of the UNIQA Re-IPO in 2011

    • Asset Managment/Backoffice, Risk Management
      • May 2009 - Jun 2011

      Centralized investment portfolio data from 18 countries within one common software solutionBuilt an infrastructure and analytic framework to measure and steer capital consumption Implemented an internal control system for the group investment accounting function

    • Deputy Chair of the Supervisory Board
      • Dec 2017 - Present
    • Member of the Supervisory Board / Chair of the Audit Committee
      • May 2016 - Jun 2021
    • Member of the Supervisory Board
      • May 2016 - Dec 2020
    • Solvency II, Financial Supervision
      • Aug 2005 - May 2009

      Project Manager for Supervisory Reporting and for Solency II development and implementation: Member of different CEIOPS/EIOPA working groups (f.i. Pillar I - Market Risk Modules; Pillar 2 and Pillar 3 as well as Group Supervision); IFRS 4/17 and IAS 39 analysis. Member of several different national international expert groups and speaker in a number of national and international conferences mainly on the topics supervision, Solvency II and reporting. Financial Analysis and on-site inspections in Austrian Insurance Companies and Groups Show less

    • Internship Program
      • Aug 2006 - Sep 2006

      Helped established Austrian companies with their market entry in the US Supported the Austrian Honorary Consul on public and business relations Helped established Austrian companies with their market entry in the US Supported the Austrian Honorary Consul on public and business relations

Education

  • INSEAD
    Global Executive MBA, Business Administration and Management
    2017 - 2018
  • Harvard Business School
    Executive Education, Leading Transformation at UNIQA
    2019 - 2019
  • Universität Wien
    MSc, Master in International Business
    2001 - 2006
  • Association of Certified International Investment Analysts
    2009, Certified International Investment Analyst (CIIA)
    2008 - 2009
  • Austrian Controller Institute
    Certified IFRS Accountant, Accounting
    2015 - 2016

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