Sammons Financial Group Expands Annuity Product Leadership Team
WEST DES MOINES, Iowa, June 09, 2020 (GLOBE NEWSWIRE) -- Sammons Financial Group has named Khen Leuk as vice president, annuity product management. The promotion was effective June 1, 2020.
|
|||||
Leuk joined Sammons Financial Group in 2017 and was most recently associate vice president, annuity product management with responsibility to manage the profitability of the fixed annuity product line. Since that time, Leuk has assumed increasing responsibility and, within the last year, has led all aspects of annuity product management to effectively manage the profitability and risk profile of the business.
“Khen is a strong role model for the core values of Sammons Financial Group,” said Rhonda Elming, senior vice president of annuity product development. “He leads through a focus on elevating our business and understanding the risk profile of our products and the need our products meet for today’s clients.”
To that end, Leuk has successfully managed the fixed index annuity business and many product and rate changes to effectively navigate the challenging economic environment and keep pace with Sammons Financial Group’s core business drivers.
“He is dedicated to continual process improvement and enjoys collaborating with others across the company to build new capabilities,” Elming said. “In addition, Khen understands the importance of building strong teams and has taken the initiative to actively engage and lead improvements in recruiting, communication, and development opportunities within the actuarial function.”
About Sammons® Financial Group, Inc.
The companies of Sammons® Financial Group, Inc. help families and businesses protect their future to enjoy life’s moments today. A subsidiary of Sammons Enterprises, Inc., Sammons Financial Group is privately owned with member companies that are among the most enduring and stable in the financial services industry. Our companies include Midland National® Life Insurance Company (including Sammons® Corporate Markets); North American Company for Life and Health Insurance®; and Sammons Institutional GroupSM (including Midland Retirement Distributors® and Sammons Retirement Solutions®). Together, we offer today’s most sought-after life insurance, annuity, and retirement planning products. Sammons Financial Group: With You for Every Moment®.



GTX Corp Launches ‘Work Safe’ PPE Bundles for the Workplace
Saturday Launches First-of-its-kind, Online Long-Term Care Insurance Assessment Tool
Advisor News
- How advisors can prepare clients for an uncertain retirement landscape
- Investors aren’t waiting out uncertainty
- Transamerica and Advo(k)ate Advisors launch pooled employer plan
- ‘I wish I’d met him sooner:’ Karlan Tucker remembered for integrity, faith
- Why women must be more engaged in investing
More Advisor NewsAnnuity News
- NAIC regulators begin consensus phase on annuity illustration overhaul
- AM Best Revises Outlooks to Negative for Subsidiaries of Group 1001 Insurance Holdings, LLC
- Market-value adjusted annuities: Key considerations for advisors
- Private equity’s next play in insurance
- Immediate Care Plan: A new solution for funding LTC
More Annuity NewsHealth/Employee Benefits News
- Abbott’s 'Keep Texas Affordable' plan: Lower housing costs, new health insurance plan
- 1 in 4 American workers report staying in unwanted jobs for health insurance: West Health Institute
- Medicare Moments | Medicare's Enrollment Process in Simple Terms
- Waitlist, policy changes stir worries among families of Arkansans with disabilities
- Medico-Economic Evaluation of MRI Versus CT as Diagnostic Imaging Strategies in Patients With Suspected Ischemic Stroke: A Prospective, Multicenter, Randomized Controlled Two-Arm Parallel Trial: Transfusion Medicine – Blood Transfusion
More Health/Employee Benefits NewsLife Insurance News
- Judge again tosses Penn Mutual whole life lawsuit alleging tax scam
- Declined by a machine? The end of the unexplainable no
- AM Best Revises Outlooks to Negative for Subsidiaries of Group 1001 Insurance Holdings, LLC
- Court sides with Ameritas in denying $4M STOLI payout to Wells Fargo
- AM Best Removes From Under Review With Positive Implications and Upgrades Credit Ratings of The Fortegra Group, Inc.’s Insurance Subsidiaries
More Life Insurance News