Allianz Life Promotes Steve Thiel to Vice President, Actuarial Reporting and
MINNEAPOLIS -- October 05, 2012
Allianz Life Insurance Company of North America (Allianz Life^®) named Steve
Thiel as vice president of Actuarial Reporting and Analysis. In this role,
Thiel will be responsible for timely reporting of actuarial balances while
analyzing the financial performance of Allianz Life. He will oversee the
delivery of key projects that drive financial stability while serving as
valuation actuary, to provide ongoing assessment about the assets of the
company. He reports to the Senior Vice President and Chief Actuary for Allianz
Life, Neil McKay.
“Steve has been instrumental in ensuring our products meet desired
profitability in a challenging market environment,” said McKay. “He is very
well positioned to lead the actuarial financial reporting function within
Allianz Life and will help maintain our financial strength.”
Thiel joined Allianz Life in 2008 where he led the product management team as
a senior director actuary. He oversaw the profitability of in-force business
and analyzed the key drivers of product performance to support long term
sustainability. He also partnered with the Operations and IT divisions to
develop a robust platform for managing the existing in-force business. Prior
to joining Allianz Life, Thiel was an assistant vice president for Sun Life
Financial Inc. in Brookfield, Wis. for seven years leading the Reinsurance
Finance division. He was responsible for the finance functions of the
reinsurance businesses, managed reserves including sourcing and future
funding, and directed asset liability and capital management. Thiel also held
a role as an actuary for Allstate Insurance Company in Northbrook, Ill. for
Thiel holds a Bachelor of Business Administration degree from the University
of Wisconsin in Madison. He is a Fellow in the Society of Actuaries and a
member of the American Academy of Actuaries.
About Allianz Life
Allianz 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 142,000 employees worldwide. More than 78 million private and corporate
customers rely on Allianz knowledge, global reach, and capital strength to
help them make the most of financial opportunities.
Allianz Life Insurance Company of North America
Sara Thurin Rollin, 763-765-6703
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