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Vice president of risk management and treasury
Charlotte, North Carolina
Angela Matherly’s start in risk management was, to say the least, abrupt.
“I was an accountant, and part of my responsibilities was special projects” for Gardner Asphalt Manufacturing in Tampa, Florida, Ms. Matherly said. “And one day the president walked into my office with a cardboard box and said, ‘You’re now in charge of insurance,’ which was very eye-opening for me because I’m one of those people who never even read their own auto policy.”
That experience helped launch Ms. Matherly’s career in risk management, which has continued for more than 25 years, and she is now vice president of risk management and treasury for Charlotte, North Carolina-based snack maker Snyder’sLance Inc.
Ms. Matherly’s current responsibilities include property/casualty placements, claims and litigation management, safety and loss control, corporate security, food products defense, business continuity, enterprise risk management and various treasury responsibilities. Among her accomplishments at Snyder’s-Lance, the risk management department has helped reduce loss frequency and loss severity by over 50% in the past six years.
Risk management provides an excellent opportunity for women looking for a career in a financial field, said Ms. Matherly.
“Women have always had a better opportunity within this financial segment than probably any other segment out there,” she said.
Outside of her day job, Ms. Matherly works with risk management students from Appalachian State University, her alma mater. She serves on the Board of Advisors for the Brantley Risk & Insurance Center at the university and hosts a workshop every spring for all the senior risk management students called “A Day in the Life of a Renewal.”
“I’m just very pleased to see the ratio of men to women,” she said, “because that’s our future. It’s really gratifying to see how successful all these young professionals are.”
“She loves to develop people and teams that truly come together,” Tom Lott, senior vice president at AmWINS Group Inc., who along with Ms. Matherly and three others is a founding director of the nonprofit Community Matters Insurance Partners of Charlotte, said in an email.
Now in its 11th year, the Business Insurance Women to Watch awards program recognizes outstanding women in the insurance and risk management sectors, highlighting what they’ve achieved and examining the personal traits that have helped them attain professional success.