Armed Forces Benefit Association (“AFBA”) and 5Star Life Insurance Company have named David Orr to be senior vice president and chief actuary of 5Star Life.
Mr. Orr will lead pricing, product development, and the implementation of a “best-in-class” risk management style.
“We are very excited to have David join the AFBA 5Star team. His unique expertise will be a positive influence as we proceed to implement our five year strategic plan,” said General Ed Eberhart, USAF (Ret.), the chairman and president of AFBA.
“David's deep knowledge of the life insurance industry makes him a great asset to our organization,” said Mark Singleton, the president of 5Star Life. “His insights and expertise will enable us to increase our responsiveness to market demands, pursue our strategic direction, and manage risks accordingly.”
Prior to joining 5Star Life, Mr. Orr held various positions with Legal & General America in research and development, actuarial, marketing, product development, and underwriting. In his most recent role as senior vice president and chief actuary, he was responsible for corporate oversight of actuarial practices.
Mr. Orr is a fellow of the Institute of Actuaries, a member of the American Academy of Actuaries, and an associate of the Society of Actuaries. He holds a degree in mathematics from Southampton University in England.
“I am excited to join AFBA and 5Star Life,” said Mr. Orr. “I look forward to helping the company grow and to bring additional focus and structure to pricing, product development, and risk management.”
Learn more: www.afba.com.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].