NYLI names SVP and head actuary

New York Life Insurance Co. has promoted Gary Scofield to senior vice president and chief actuary.
JUL 10, 2007
New York Life Insurance Co. has promoted Gary Scofield to senior vice president and chief actuary. Mr. Scofield is responsible for the Office of the Chief Actuary, overseeing company-wide actuarial activities including certifying company reserves, establishing appropriate capital requirements and overseeing business unit product pricing. He will report to executive vice president and chief financial officer Michael Sproule. Prior to joining the Office of the Chief Actuary last year, Mr. Scofield was vice president and actuary in the Individual Life Department where he served as the head pricing actuary. Mr. Scofield had been an actuary with New York Life from 1997 to 1998.

Latest News

Fintech bytes: Vestmark, NDEX, and Forms Logic partnerships sharpen RIA tools
Fintech bytes: Vestmark, NDEX, and Forms Logic partnerships sharpen RIA tools

First Trust models, Schwab-linked data tools and Orion transition tech headline a busy week for RIA wealthtech

Two LPL executives jump to competitors as 2026 comes to a close
Two LPL executives jump to competitors as 2026 comes to a close

The change in senior personnel occurs days after LPL Financial tapped a new head of recruiting.

Osaic names new CMO and Empowered Independence head
Osaic names new CMO and Empowered Independence head

Former PulteGroup and Citizens executives join the broker-dealer network after a year of senior leadership departures

RIA moves: Prospera lands $600M Cornerstone team in Rochester
RIA moves: Prospera lands $600M Cornerstone team in Rochester

Independent RIA Concurrent adds over $1B across six moves, while OnePoint BFG opens West Palm Beach with a $240M team

Creative Planning adds $2.2B fee-only RIA Rockbridge in Syracuse
Creative Planning adds $2.2B fee-only RIA Rockbridge in Syracuse

The mega-RIA keeps absorbing independent fiduciary firms as Cerulli data shows the fee-only segment losing asset share

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor