What are the responsibilities and job description for the Vice President of Life Operations position at Michigan Farm Bureau Family of Companies?
OBJECTIVE
To plan, organize, and direct the overall operations of the Life Companies, which include Farm Bureau Life Insurance Company of Michigan (FBL), Leaders Life Insurance Company (LLIC) and Cincinnati Equitable Life Insurance Company (CELIC). To deliver products and services for the Life Companies consistent with the corporate vision and strategy as well as industry practices.
RESPONSIBILITIES
Understand business models and markets, work cross-organizationally to develop and maintain an integrated planning system for achievement of corporate objectives for Farm Bureau Life Insurance and Affiliated Companies. Communicate planning system requirements and outcomes to subordinate managers.
Direct the development and implementation of new life and annuity products to maintain a competitive and marketable position.
Direct the Life Actuarial department to comply with all regulatory requirements and the monitoring of the Life Products profitability and reserve position.
Direct the development and administration of reinsurance programs for life and annuity products.
QUALIFICATIONS
Required: Bachelor's degree in business administration, finance, insurance, accounting, or related field required. Minimum ten years of experience in life insurance industry required. Minimum five years of experience in a management position required.
PM19
