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 NYLEX Benefits | Scott M. Turner, F.S.A.
 
 
 

Scott M. Turner, F.S.A.

Corporate Vice President

Scott is a Corporate Vice President of NYL Executive Benefits LLC (NYLEX Benefits), a subsidiary and the executive benefits consulting arm of New York Life Insurance Company, a Fortune 100 company. New York Life is the largest mutual life insurance company in the United States, with an enviable 163-year history. New York Life, combined with its affiliates, had $280 billion in assets under management at December 2007, $12 billion of surplus and 2007 GAAP total revenue of $21.1 billion. New York Life has among the highest ratings from the leading independent ratings agencies, including (at December 2007) A.M. Best (A++), Moody’s (Aaa), Standard and Poor’s (AAA) and Fitch (AAA) for financial strength.

Prior to joining NYLEX Benefits, Scott was a consulting actuary with Watson Wyatt, where he specialized in the design, funding and administration of defined benefit pension plans, both qualified and nonqualified. He served as lead actuary for both the U.S. supplemental executive retirement plan of a large, international conglomerate and the U.S. qualified plan of a French bank. He also is an expert in stock option accounting, having presented at the 2005 Enrolled Actuaries Meeting and the 2004 Conference of Consulting Actuaries.

Before Watson Wyatt, Scott was a consultant at Towers Perrin where, in addition to consulting on pensions, he focused on strategic financing of non-pension benefits. He also was a Senior Manager with a major international accounting firm, where his work included the determination of parachute payments under IRC Section 280(G) and the evaluation of life insurance policies for funding nonqualified deferred compensation arrangements.

Scott graduated with honors from Tufts University with a B.S. in Mathematics and has a Certificate in Financial Planning from New York University. He is a Fellow of the Society of Actuaries, a member of the American Academy of Actuaries, a member of the American Academy of Actuaries Task Force on Stock Option Accounting and an Enrolled Actuary under ERISA.

Scott is an avid golfer and active member of the Tufts Alumni Association. He resides in New York City.

You can download and print a PDF version of Mr. Turner's bio here.

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NYLEX Benefits | Scott M. Turner, F.S.A.
 

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