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Allianz Life Promotes Nancy Knutson to Director of Expense, Workforce Management and Reporting in Operations



  Allianz Life Promotes Nancy Knutson to Director of Expense, Workforce
  Management and Reporting in Operations

Business Wire

MINNEAPOLIS -- September 18, 2013

Allianz Life Insurance Company of North America (Allianz Life®) promoted Nancy
Knutson to director of Expense, Workforce Management and Reporting within the
Operations division. In this role, Knutson is responsible for expense
management, reporting and forecasting to support the operating areas of the
company. She also oversees strategic expense planning for the Allianz Life
Operations workforce. Knutson reports to Dave Thom, senior director of
Operations Strategy.

“Nancy is a proven leader who brings expertise in strategic workforce
management and financial consulting to the team,” said Thom. “She is strongly
committed to her work and helps us successfully deliver the best results for
the customer.”

Knutson joined Allianz Life in 2011 as a principal financial analyst where she
implemented analysis and reporting for expense management within the Finance
division. She also provided financial consulting for various functions across
the company such as Operations, Compliance and Suitability. Prior to joining
Allianz Life, Knutson worked for more than 20 years at Ameriprise Financial in
Minneapolis. While at Ameriprise, she was a director in the Finance area where
she led budgeting, forecasting, and financial reporting for an annual budget
of more than $640 million. Prior to that, she held various roles in the
finance area, including manager, analyst, accountant and tax specialist.

Knutson holds a Bachelor of Business Administration degree in finance from the
University of Minnesota Duluth. She also has a Chartered Financial Consultant
(ChFC) designation.

About Allianz Life

Allianz Life Insurance Company of North America, one of FORTUNE’s 100 Best
Companies to Work For in 2013, 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.

Contact:

Allianz Life Insurance Company of North America
Sara Thurin Rollin, 763-765-6703
sarathurin.rollin@allianzlife.com
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