Paul Pheffer Named EVP, CFO of Security Mutual

A 30 year track record of performance

Security Mutual Life’s Board of Directors announced that Paul B. (Pete) Pheffer, MBA, CPA, has been named the company’s Executive Vice President & Chief Financial Officer. Mr. Pheffer succeeds Kevin J. McKeown, CPA,FLMI, CLU, ChFC, who retires in April 2014 after a distinguished career of more than 30 years with the company.

Until his retirement, Mr. McKeown will continue to serve the company as Senior Vice President, Chief AccountingOfficer. Mr. Pheffer brings 30-plus years of life insurance industry knowledge and experience to the company, as well as a track record for improving long-term organizational performance. He has helped lead both mutual and public companies, and prior to serving Security Mutual was Chief Financial Officer for Presidential Life Insurance Company (Nyack, New York). His career includes having served as Chief Financial Officer for Missouri Employers Mutual Insurance Co., Kemper Life Insurance Companies, and Jackson National Life Insurance Companies, as well as President and Chief Financial Officer for Standard Management Corporation.

Mr. Pheffer earned an MBA from the University of Chicago, and is a Certified Public Accountant.

 

About Security Mutual Life Insurance Company of New York
Now more than 125 years old, Security Mutual Life continues to fulfill the mission upon which it was founded in 1886: to provide sound, equitable and competitively priced insurance products to help protect people against the financial hazards resulting from death, disability, or retirement. As a mutual insurer, the company operates for the benefit and protection of its policyholders. The company has $2.6 billion in assets and $30.9 billion of life insurance in force. Security Mutual employs more than 325 employees at its home office in Binghamton, New York, and distributes its products through a network of more than 5,000 independent agents located throughout the United States. Security Mutual is licensed in all 50 states, as well as in the District of Columbia and the U.S. Virgin Islands.