Allianz Life Promotes Jesse Kling to Senior Director Actuary

MINNEAPOLIS--(BUSINESS WIRE)--Allianz Life Insurance Company of North America (Allianz Life^®) named Jesse Kling as senior director actuary for the Profitability Management department. In this role, Kling will be responsible for advising the company’s executive leadership team on actuarial issues while leading development and design of financial systems and analytical policies to sustain the company. Kling will lead product development, product management, risk management and financial development efforts. He reports to the Vice President of Profitability Management, Ross Bowen.

“Jesse is committed to the financial security of Allianz Life and ensuring our financial strength remains one of our greatest assets”

“Jesse is committed to the financial security of Allianz Life and ensuring our financial strength remains one of our greatest assets,” said Bowen. “As we continue developing innovative products that can help people achieve more retirement security, he will be a great addition to the senior leadership team.”

Kling started his career at Allianz Life in 2002 as an actuarial assistant where he managed the maintenance of the valuation system to estimate financial positions of the fixed annuity business, along with completing financial analysis for new products, regulations and accounting practices. He was responsible for communicating and advising senior and executive leadership on the monthly and quarterly financial results. In 2007, Kling earned a role as an actuary on the Profitability Management Team where he led junior actuaries in the management of new and in-force business profitability. He directed cross-company committee meetings with several divisions and developed a controlled environment for the testing of actuarial models while collaborating on product development.

Kling holds a Bachelor of Science degree from the University of Minnesota in Duluth, Minn. He is a Fellow in the Society of Actuaries and a member of the American Academy of Actuaries.

About Allianz Life
Allianz Life Insurance Company of North America, one of FORTUNE’s 100 Best Companies to Work For in 2012, 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.