What You Need to Know
- The new USAble executive previously worked for Anthem.
- The new Penn Mutual HR executive came to that company from Sychrony Financial.
- American Equity is bringing in an accounting executive from Equitable.
USAble Life has hired Steve Valenti to be its chief revenue officer.
The Little Rock, Arkansas-based company writes supplemental health insurance products, life insurance products, disability insurance products and dental insurance products from Blue Cross and Blue Shield carriers.
Valenti was previously a vice president for specialty distribution at Anthem.
Earlier in his career, he worked for Unum, Aetna, Havensure and Assurant.
He has a bachelor’s degree from Johns Hopkins University.
Penn Mutual Life Insurance has promoted Liz Heitner to chief human resources officer, from vice president, human resources.
Before she began working for the Horsham, Pennsylvania-based company, she was senior vice president of talent and transformation at Synchrony Financial, a consumer financial services company. She has also worked for NCR Corp. and Mercer.
She has a bachelor’s degree from the University of Georgia and a master’s degree in industrial and labor relations degree from Cornell.
American Equity Investment Life Holding Co. — a West Des Moines, Iowa-based annuity issuer — has hired J. Dewayne Lummus to be senior vice president and chief accounting officer.
Lummus was previously corporate controller of Equitable Financial Life Insurance Co.
He has also worked for TIAA, Voya, ING and EY.
He has a bachelor’s degree from Kennesaw State University. He is a certified public accountant.
Molina Healthcare — a Long Beach, California-based health insurer — has hired Jack Stephenson to be plan president for Molina Healthcare of New York.
He was previously vice president of payer strategy and contracting at the Hospital for Special Surgery in New York City.
He has also worked for Anthem and was president of an Anthem Medicaid plan in New York state. Earlier, he worked for WellCare, UnitedHealth Group and Amerigroup.
He has a bachelor’s degree from the College of New Jersey and a master’s degree from Seton Hall University.
He is a member of the board of Beat the Streets Wrestling.