Dean M. Potter
1204 Oak Tree Drive, Suite 200, Edmond, Oklahoma 73025
res: (405) 359 7422 - bus & fax: (405) 844 1425
E-mail: dpotter@potterassociates.com
Mr. Potter has over 40 years experience in the
business of insurance, most notably as the President of Century Management
Company, a National Marketing Organization and Third Party Administrator,
President and CEO of Sooner Life Insurance Company, a USLIFE Subsidiary and as
the Executive Vice President of The Century Companies.
PROFESSIONAL/TECHNICAL QUALIFICATIONS AND
ACHIEVEMENTS
Experience
encompasses all phases of insurance company operations. In all executive positions, was responsible directly
for the development, institution and oversight of departmental or company-wide
basic objectives, policies and operational plans.
Instituted
unique internal controls for Sooner Life Insurance Company, which during his
twenty-two year tenure resulted in less than ten contested life &
disability claims. All contested
claims were defended successfully.
Invented a life insurance concept
so unique it was granted a Patent by the United States Patent Office and
authored several articles for industry publications about its merits.
President of the Oklahoma Association of Life
Insurance Companies from January 1994 to January 1995. Vice President of the organization from
January 1993 to January 1994. The
purpose of this Association is to liaison with state and national regulatory entities
in all matters impacting the life insurance industry.
EMPLOYMENT HISTORY
5/04 to
Present: President of Potter Marketing, dba, a
National Marketing Organization formed to support the distribution of the
Reversionary Annuity on a national basis.
The NMO’s focus is upon agent, GA, IMO & Private Label Company
recruitment.
1/98
to 5/04: President of the Century
Management Company. Directing the staff and activities of Century Management
Company, a multi-state Third Party Administrator, (TPA) and National Marketing
Organization for the benefit of its client companies.
11/90 to 1/98: Executive
Vice President and Director of the ( 5 ) Century Companies where he was
responsible for their day-to-day operations.. Negotiated and exercise oversight
over reinsurance relationships and joint venture projects. Duties included, liaison with
regulators and outside contractors, legal counsel, and consulting actuaries.
11/89 to 11/90:
Executive
Vice President of Life Assurance Company of Pennsylvania. Employed specifically to direct the
rehabilitation of an affiliated warranty company. The negative cash flow was reversed in a one-year period.
5/80 to 11/89: Shortly
after the Sooner Life Insurance Company acquisition by USLIFE CORPORATION, was
elected to the position of President and CEO. Was also appointed to the Board of Directors and became
Chairman of the Executive Committee. In January 1987 was given the
concomitant duties of Senior Marketing Officer.
6/68 to 5/80: Begin his association with Sooner Life as
Chief Home Office Underwriter. July 1972 elected to the Board of Directors as
Secretary/Treasurer and in March 1977 became Chief Administrative Officer
(CAO). Employed as CAO until
February 1980 when USLIFE acquired Sooner Life.
8/65 to 6/68:
Home
Office Underwriter for Security Benefit Life Association. Associated initially with the direct
business division, then subsequently with the reinsurance division.
6/62 to 8/65:
Debit
Agent for the Prudential Insurance Company of America, territory included
Topeka, Kansas.
BIOGRAPHICAL DATA
Born on February 27, 1939, in
Frankfort, Kansas. Educated in the
Frankfort elementary and secondary school system. A Business Administration
Major, attending Kansas State University, 1957/1962.