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advisor

Marlys Schmitt
Principal Consultant NA

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Marlys Schmitt

Marlys is an experienced Director of Expense Reduction Analysts (ERA) in Minnesota. As an advisor and advocate, her focus is to build strong relationships and deliver comprehensive cost containment solutions for her CEO and CFO clients. During her tenure with Expense Reduction Analysts, Ms. Schmitt has led reviews of over $20 million in expenses, and completed over 100 client projects. Marlys has an average cost savings of 18.5%. In 2012, ERA elected Ms. Schmitt as the Insurance Practice Chair comprised of eight consultants throughout the United States, who focus on insurance and risk management project reviews. Marlys’ particular expertise in Insurance and Risk Management includes her ability to analyze coverages, perform and consult on risk management services, advise on claim expertise, and manage broker relationships. Marlys is an expert at obtaining the broadest coverages at the most comprehensive premiums for her clients. Marlys is asked by many of her clients to assist in driver safety programs, abuse prevention and investigation, OSHA safety, corporate safety plan development, coverage reviews and benchmark studies. Prior to joining ERA, Marlys gained more than 25 years of experience in underwriting and risk management. She has more than a decade of underwriting experience that includes arranging global placements for international firms, with expertise in Directors and Officers Liability and Workers’ Compensation. In addition, she worked in Premier Risk Management Departments at Fortune 50 corporations for nearly 10 years. Ms. Schmitt is a current member of the Society of Financial Service Professionals. She is a past board member for the Non Profit Risk Management Center in Washington D.C. and served eight years on the Alumnae Board for the College of Saint Benedict. Ms. Schmitt holds a B.A. degree in Business Administration from the College of Saint Benedict.

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