MINNEAPOLIS--(BUSINESS WIRE)--Allianz Life Insurance Company of North America (Allianz Life®) has promoted James Nelson to vice president, Legal Business Operations and Product Development. In his new role, Nelson will oversee and manage strategy for legal support of tax, business operations and product development. He will report directly to Senior Vice President and General Counsel Gretchen Cepek.
“Jim has extensive experience in insurance law and has served Allianz Life well as a lead attorney,” Cepek said. “With this promotion, we look forward to his leadership and strategic vision to support the development of our company’s products and the future of our Legal Department.”
In addition to leading legal support for product development, tax, and business operations, Nelson will be responsible for advising on strategic planning and development of product life cycle and operations. He will also be a member of the company’s Senior Leadership Group.
Nelson has been with Allianz Life since 2011, serving as lead attorney responsible for fixed annuity and fixed index annuity lines of business. Prior to joining Allianz Life, he was in private practice and held various counsel and general counsel roles at KMG America, Thrivent Financial and ING. Nelson has a bachelor of arts degree from the University of Minnesota – Duluth and a juris doctorate, magna cum laude, from William Mitchell College of Law in St. Paul.
Allianz Life Insurance Company of North America, one of FORTUNE’s 100 Best Companies to Work For in 2015, has been keeping its promises since 1896. Today, it carries on that tradition, helping Americans achieve their retirement income and protection goals with a variety of annuities and life insurance products. As a leading provider of fixed index annuities, Allianz Life is part of Allianz SE, a global leader in the financial services industry with 147,000 employees worldwide. More than 85 million private and corporate customers rely on Allianz knowledge, global reach, and capital strength to help them make the most of financial opportunities.