|[April 19, 2012]
Allianz Life Promotes Adam Brown to Assistant Vice President, Actuarial Product Development
MINNEAPOLIS --(Business Wire)--
Allianz Life Insurance Company of North America (Allianz
Life) named Adam Brown as the new assistant vice president,
Actuarial Product Development. In this role, Brown heads Allianz Life's
product development area in actuarial for Allianz Life Financial
Services, LLC Distribution, including the design and pricing of annuity
products, as well as their risk management and capital analysis. Brown
also partners with the Marketing and Distribution divisions to support
product launches and market positioning.
"Product development has become a core competency at Allianz Life, and
Adam has been a big part of recent success in that area," said Renee
West, vice president of Product Development, Corporate Actuarial for
Allianz Life. "We're fortunate to have Adam on our team and look forward
to his future contributions toward product innovations."
Brwn has spent his entire professional career as an actuary with
Allianz Life, starting with the company as an intern in 2003. Most
recently, Brown served as a senior director within Actuarial Product
Development where he led product development for variable annuities.
Brown also collaborated across the company to develop many new Allianz
Life products including the Allianz VisionSM Variable Annuity
and Income Protector rider; Investment Protector rider; Allianz
Retirement Protector; and AZL® Managed Volatility Portfolios.
During his time with Allianz Life, Brown led a team in actuarial
recruiting to develop and execute a strategy to attract and retain
actuaries for Allianz Life and supported Allianz SE in the development
of variable annuities within Europe.
Brown holds a Bachelor of Arts degree in general business management and
Bachelor of Science degree in actuarial science from the University of
St. Thomas in St. Paul, Minn. Brown also holds a FINRA Series 7
registration, is a member of the American Academy of Actuaries and a
Fellow of the Society of Actuaries.
About Allianz Life Insurance Company of North
Life Insurance Company of North America, one of FORTUNE's 100 Best
Companies to Work For in 2012, has been keeping its promises since 1896.
Today, it carries on that tradition, helping Americans achieve their
retirement income and protection goals with a variety of annuities and
life insurance products. As a leading provider of fixed index annuities,
Allianz Life is part of Allianz SE, a global leader in the financial
services industry with 150,000 employees worldwide. More than 75 million
private and corporate customers rely on Allianz knowledge, global reach,
and capital strength to help them make the most of financial
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