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Global Head of ILS Structuring
As the global head of insurance-linked securities structuring for GC Securities, as well as a managing director at affiliate Guy Carpenter & Co. L.L.C., Ms. Anger creates innovative ILS transactions across Guy Carpenter's global operations by providing investment banking capabilities to the reinsurance industry. She joined GC Securities in 2008 from Lehman Brothers Inc., where as a senior vice president in the insurance products group during the early years of the ILS market, she worked on several innovative projects and products. Ms. Anger holds a B.S. in statistics and a bachelor's in economics from Virginia Tech; a master's in statistics from George Mason University; and an MBA with a finance concentration from the Simon School of Business, University of Rochester.
What's your advice for women entering this field?
I think that your decision to enter the field depends on your type of personality. You must be intellectually curious and have a drive to get the right answer, combining not only technical skills but interpersonal skills as well. You must have an interest in capital markets, an interest in creating first-of-kind products and an ability to deal with uncertainty. A qualitative background is also good. Results are important. Your work product will drive your opportunity. In general, your work product will speak for itself.
What attracted you to this industry?
I came out of business school looking at the investment banking industry. After interviewing with different product areas, I started with structured credit and ended up with the insurance solutions group at the infancy of the convergence of capital markets and insurance. This sector is a lot more complex and interesting than it is portrayed or most people think. I love innovation, and every year I look back on something new — the range of insurance risks and products on which I've worked.
What aspects of your job give you the greatest sense of accomplishment?
For me, it's the interaction with clients and finding a way to solve their issue and/or problems and meet their needs. I love learning about a client's situation, learning a client's business. You end up getting an understanding of all types of other businesses. It's like a puzzle to me — you're solving a puzzle for a client. It's extremely exciting that every step you think about nobody has thought before. One example is the Metrocat bond for the (New York Metropolitan Transportation Authority). For me, that was a very exciting transaction.
What's the most important lesson you've learned in your career?
Patience — learning that your career is a marathon, not a sprint. Respect for colleagues and listening based on a colleague's experience and learning that everyone can teach you something, whether junior or senior colleagues. Some comments may not resonate for five or 10 years. Life balance is also important. I'm still struggling to find mine, because I've always tended to put emphasis on (work) product. Family at the end of the day is what ultimately matters.
Outside family, what woman has been your role model?
There have been women colleagues throughout my career who have been supportive and helpful, and clients as well, especially because increasingly they have female representation. There have been women in all phases of my career to whom I have looked. Building a women's network has been harder than I envisioned building a man's would be, partly because there are fewer of us. Most are incredibly resilient, however; they are battle-hardened by the time they get where they are. All have faced the same agenda and challenges on the way up. We rely on one another, although sometimes I find women are harder on other women.
What's at the top of your bucket list and why?
I don't plan to die, so I haven't thought about it. I don't want to have a list, because if there is something I want to do, I do it, try to make it happen along the way. You have to take time to enjoy each phase of your life. I think you have to have a 'running bucket list.' I love to travel — I would love to get to every country in the world. That and spending time with my kids, ages 3 and 5. Travel and family.
What's your secret vice?
Watching spy television shows. I regularly watch “Homeland” and “Covert Affairs.”
Business Insurance's annual Women to Watch feature recognizes women who are doing outstanding work in commercial insurance, risk and benefits management, and related fields, including consulting and law.