December 4, 2024 Newswires

Symetra Names Michael Derrig Vice President, Chief Underwriter for Individual Life Division

Business Wire

BELLEVUE, Wash.--(BUSINESS WIRE)--
Symetra Life Insurance Company today announced the appointment of Michael Derrig as vice president, chief underwriter, for its Individual Life Division (ILD).

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Michael Derrig, Vice President, Chief Underwriter, Individual Life at Symetra. (Photo: Business Wire)

Mr. Derrig brings to his new role 20 years of life industry experience, most recently serving as director and chief underwriter at Equitable (formerly AXA). Derrig previously held senior underwriting positions at Lincoln Financial Group. As a member of Symetra’s ILD leadership team, he will play a key role in driving performance, efficiency, and industry-leading customer service for this rapidly growing business line focused on delivering flexible life insurance solutions.

“Mike is an experienced underwriting leader who will help drive our ambitious growth strategy for ILD. His extensive life operations management experience and life distribution understanding will be invaluable assets as we continue to expand our market presence,” said Mindi Work, EVP, Individual Life and Emerging Solutions. “Mike’s energy, his focus on building bridges between constituencies and within his teams, and his approach to leadership make him an ideal collaborator who will play a pivotal role in scaling our Life Division to new heights.”

Mr. Derrig holds an Associate, Academy of Life Underwriting designation. He earned a bachelor’s degree in economics and an MBA from the University of Connecticut.

About Symetra

Symetra Life Insurance Company is a subsidiary of Symetra Financial Corporation, a diversified financial services company based in Bellevue, Washington. In business since 1957, Symetra provides employee benefits, annuities and life insurance through a national network of benefit consultants, financial institutions, and independent financial professionals and insurance producers. For more information, visit www.symetra.com.