Hartford Financial Services appoints new chief actuary of Hartford Life

Mon. August 17, 2009; Posted: 01:08 PM

Aug 17, 2009 (Datamonitor via COMTEX) -- HLI | Quote | Chart | News | PowerRating -- The Hartford Financial Services Group has appointed Dan Guilbert as chief actuary of Hartford Life. Mr Guilbert, a senior vice president, will oversee Hartford Life's corporate actuarial, business-risk management and investment-liaison functions.

Mr Guilbert, who previously served as chief risk officer for Hartford Life, replaces Jim Trimble, senior vice president, as chief actuary. Mr Trimble is retiring from Hartford Life after 31 years of service leading product design and pricing for various businesses.

In his new role, Mr Guilbert will report to John Walters, president and COO of Hartford Life. Mr Guilbert will be a member of Hartford Life's senior management committee and will be responsible for the life insurer's actuarial policies, product pricing and design, reinsurance, business risk management, variable annuity hedging, investment liaison and the actuarial student program.

Prior to his corporate risk management role, Mr Guilbert was chief product and risk actuary for International Wealth Management. He also served as vice president and director of enterprise risk management for Hartford Life and worked in the investment products division where he helped develop the hedging strategy for variable annuities.

Mr Walters said: "Dan has been instrumental in helping Hartford Life weather the recent storms in the financial markets. Dan's demonstrated leadership and expertise during his tenure as chief risk officer of Hartford Life will be invaluable as we move forward with our new business strategy."

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