Kathy Kranz

Vice President And Chief Financial Officer at Pinnacol Assurance

Kathy Kranz has a diverse and extensive work experience. Kathy started their career at Price Waterhouse Coopers as a Senior Associate, specializing in financial auditing, from August 1995 to May 1999. Kathy then moved to RiskCap, an outsourced risk management consulting firm, where they served as Vice President and oversaw accounting and finance operations for 15 captive insurance companies owned by various entities from May 1999 to December 2003. Following that, Kathy joined MDC Holdings, Inc. as Director of Finance, the parent company of Richmond American Homes, a top national home builder, from December 2003 to February 2008.

In 2008, Kathy joined Pinnacol Assurance, Colorado's largest workers' compensation insurer. Kathy held multiple roles in the company, including Financial Implementation Analyst from February 2008 to June 2009, Controller from June 2009 to October 2010, Associate Vice President of Finance from October 2010 to June 2014, and eventually Vice President and Chief Financial Officer from July 2014 onwards. Pinnacol Assurance has over $500 million in annual premium revenue and $3 billion in assets.

Kathy's most recent work experience includes serving as a Board Member, Treasurer, and Chair of the Risk & Audit Committee for Cake Insure, an InsurTech start-up and subsidiary of Pinnacol Assurance. Cake Insure provides a digital platform for small businesses to purchase work comp insurance in minutes. Kathy has been in this role since September 2017.

Overall, Kathy Kranz has demonstrated expertise in finance, risk management, and insurance in various leadership positions throughout their career.

Kathy Kranz began their education at the University of Michigan - Stephen M. Ross School of Business, where they obtained a Bachelor of Business Administration (BBA) degree in Accounting from 1991 to 1995. Kathy later pursued a Master of Business Administration (MBA) degree in Finance & Accounting from Regis University, attending from 2009 to 2013. In the year 2013, Kathy completed the Leadership Denver program, although no degree or field of study is specified for this particular program.

Aside from their formal education, Kathy holds several additional certifications. Kathy became a Certified Public Accountant (CPA) through the DORA - Colorado Department of Regulatory Agencies, but the exact date of obtaining this certification is not provided. Kathy also earned a CERT Certificate in Cybersecurity Oversight from the CERT Division at the Software Engineering Institute in December 2017. More recently, in June 2021, they obtained the Certified Board Candidate certification from Corporate Directors International. Additionally, Kathy is a Chartered Global Management Accountant (CGMA), awarded by the AICPA. Although they have mentioned holding the Associate in Insurance Accounting & Finance (AIAF) and Associate in Regulation and Compliance (ARC) certifications, no information regarding the institutions or dates of attainment is available.

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Timeline

  • Vice President And Chief Financial Officer

    July, 2014 - present

  • Associate Vice President Finance

    October, 2010

  • Controller

    June, 2009

  • Financial Implementation Analyst

    February, 2008

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