Prudential Group Insurance, a business of Prudential Financial Inc. (NYSE:PRU), appointed Eric Lin as chief actuary and chief risk selection and pricing officer.
Lin will be responsible for optimizing risk selection and pricing, and improving the economic value and long-term profitability of new and in-force business. This includes accountability and oversight for Group Insurance pricing strategy, processes, and methodology as well as collaboration with other business units across the company to identify new opportunities for the benefit of the enterprise.
Lin most recently was a vice president and actuary for Prudential Annuities where he led the valuation, forecasting, and economic capital team with oversight for all the financial-related actuarial items.
Before joining Prudential, Lin was vice president and actuary with Merrill Lynch Insurance Group. He began his career at CPS Actuaries.
Lin has a Bachelors degree in applied mathematics from National Chiao-Tung University in Taiwan, and a Masters degree in mathematics from the University of Connecticut. He is also a fellow of the Society of Actuaries, and a member of the American Academy of Actuaries.
In other news:
AssuredPartners Inc. promoted Eric Anderson to the new role of regional executive vice president, effective immediately.
In his new position, Anderson will focus on identifying opportunities for operational, strategic and organic growth within AssuredPartners subsidiaries.
Anderson has been with AssuredPartners since March 2011 in the role of senior vice president. As senior vice president, he was responsible for overseeing acquisitions and operations in the Pacific Northwest, Tennessee, Kentucky and Indiana. During his time as senior vice president, AssuredPartners acquired more than a dozen insurance agencies in Tennessee, Kentucky and Indiana. Anderson was also involved with company-wide Employee Benefits initiatives.
Anderson has more than 30 years of experience in the insurance industry and is a member of several insurance associations, including: the Million Dollar Round Table, the National Association of Insurance Agents, the American Association of Health Insurance Agents and the Council of Insurance Agents and Brokers.
Digital Insurance hired seasoned industry executive Pete Gruenberg, CEBS, as Digital Benefit Advisors’ (DBA) national practice leader.
The company created this role to help accelerate the growth and positioning of DBA’s rapidly expanding network of retail brokerage offices.