A veteran of more than forty years in the insurance business, nineteen of them with Transamerica Life Companies, Mr. Baitler became Chief Operations Officer for Transamerica Life Insurance and Annuity Company in 1978. He then served in several senior management and board positions, lastly as Executive Vice President and Chief Administrative Officer for the Transamerica Life Companies.
Mr. Baitler was responsible for the Group Life and Health Division and turned it around from operating at a loss to a profitable business that was sold to Provident Life and Accident. Mr. Baitler was responsible for a number of Transamerica Life Companies’ special ventures including: a mass marketing company, a broker dealership, a structured settlements operation and an insurance operation in New York. In addition, he was responsible for the Company’s Mergers and Acquisitions function and its corporate asset/liability management program. During his management of the M & A function, Transamerica successfully divested itself of its group life and health insurance operations and its Australian subsidiary.
When he left Transamerica he was a member of the Executive Committee of the boards of all the Life Insurance Companies. In 1989 Mr. Baitler started his consulting business, initially as a strategic advisor to senior executives in the Insurance Industry, assisting them in articulating a vision and a prioritized strategy to achieve that vision. He assists his clients in implementing the appropriate external elements of those strategies. This has led to work in mergers, acquisitions and divestitures and in establishing new relationships with alternative distribution organizations.
Mr. Baitler has served as an Operating Director of Arsenal Capital Partners as well as a board advisor to portfolio companies. Born in New York, Mr. Baitler received his Bachelors degree in Mathematics from Union College in New York. He has been a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries.