Easley New EVP At Athene Subsidiary

December 12, 2011

Liberty Life Insurance Company, a subsidiary of Bermuda’s Athene Holding Ltd., has appointed Matthew Easley executive vice president and chief actuary.

Mr. Easley will be heavily involved in product development for the fixed annuity carrier, which has generated robust sales from a limited product portfolio since it entered the market last August as Athene’s retail annuity arm.

Athene acquired Liberty Life in April 2011.

“Matt is an innovator and nimble leader who has guided product through a time of unprecedented challenge for our industry,” Chris Grady, head of retail for Liberty Life, said today [Dec. 12]. “Product leadership is central to our growth strategy, and we welcome him to the team.”

A veteran actuary with 30 years’ experience in the design, pricing and management of annuity and life products, Easley previously served as senior vice president for product manufacturing and underwriting at Allstate Financial.

There he spearheaded the development of several innovative products, including a radically simple equity index annuity designed to be sold by inexperienced agents.

Mr. Easley is a Fellow, Society of Actuaries and a Chartered Life Underwriter. He holds a BA from the College of Wooster in Wooster, Ohio.

Headquartered in Greenville, South Carolina, Liberty Life Insurance Co. provides retirement income plans for American customers.

Athene Holding Ltd., the Bermuda-based holding company, and its insurance subsidiaries focus on retail sales of annuities and reinsurance in the US retirement services market, and sales of institutional funding agreements.

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