Allianz Life Insurance Company has a new senior vice president and national sales manager, according to press release “Allianz Life Promotes Bob Densmore to SVP – National Sales Manager.” Bob Densmore will be in charge of their annuity sales strategy in the bank, regional, independent, and wire broker/dealer distribution channels. Allianz has been happy with his leadership skills as well as his revenue generating abilities. They promoted him to capitalize on the popularity of annuity products, focusing on the channels consumers want to buy them through and the specific guarantees for which they are looking.
His nearly twenty years of experience in the financial industry began with Thrivent Financial. Densmore started working for Jackson National in 1996 and was in charge of the wholesaling for fixed and fixed indexed annuities. He was a regional vice president for Jackson, where he raised their variable annuity premiums to two billion dollars. As one of the top producers at Jackson, he worked to develop new variable annuities, living benefits, and other marketing campaigns. He started working for Allianz Life in 2008 and hopes to increase the success of their annuity business.