Deals and People January 7, 2014

Kim Becomes New York Life Vice Chairman

January 7, 2014 (PLANSPONSOR.com) – New York Life announced that John Y. Kim has been elected as a vice chairman of the company.
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Kim, who will now oversee the company’s technology function in addition to his current responsibilities, will also continue as president of New York Life’s Investments Group, which includes the investment management, annuities and retirement plan recordkeeping businesses, as well as chief investment officer of New York Life Insurance Company.

“In recognition of this newly expanded role and the leadership, drive and commitment to our mission John has demonstrated since joining the company in 2008, he has been named vice chairman of the company,” says Ted Mathas, chairman and CEO of the New York-based New York Life. “With John’s broad and deep experience and judgment we know he will continue making important contributions in the position of vice chairman.” Kim will continue to report Mathas.

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Kim became chairman of New York Life Investments in January 2011 (see “Kim Named as Chairman of NY Life Investments”). He joined New York Life in 2008, after 25 years as a successful business executive with deep knowledge of investment management and strong operational skills running numerous businesses.

Prior to joining New York Life, Kim served as president of Prudential Retirement, where he led its defined benefit, defined contribution and guaranteed products businesses. Before that, he was president of CIGNA Retirement and Investment Services. Kim also spent 17 years with Aetna Life & Casualty, where he rose to the position of president and CEO of Aeltus Investment Management, as well as CIO of Aetna Life Insurance and Annuity Company. Kim is a graduate of the University of Michigan and holds an M.B.A. from the University of Connecticut.

New York Life Insurance Company is a mutual life insurance company in the United States. Its companies offer life insurance, retirement income, investments and long-term care insurance services.

Benefits January 7, 2014

Jobs with the Least and Most Stress

January 7, 2014 (PLANSPONSOR.com) – If you are looking for a low-stress job, the position of audiologist is at the top of the list.
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A new report from CareerCast, a provider of job search services, lists the top 10 least-stressful jobs for 2014, as well as the top 10 most-stressful jobs.

Along with audiologists, the top five least-stressful jobs include hair stylists, jewelers, tenured university professors and seamstresses/tailors. The positions of dietician, medical records technician, librarian, multimedia artist and drill press operator finish off the list.

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“If your life is already filled with stress, you might want to consider a profession that offers job security, a good hiring outlook and salary but few physical demands, deadlines and danger,” says Tony Lee, publisher of the Carlsbad, California-based CareerCast.

Audiologists and other low-stress health care jobs bring the satisfaction of aiding others, adds Lee. Positions such as medical records technicians keep track of the history of and care of patients, while dieticians assist people with achieving a healthier lifestyle.

Landing a less-stressful job often requires a high level of education. Of the 10 least-stressful jobs, the CareerCast “Jobs Rated” report finds that half of the jobs require at least a bachelor’s degree.

On the other hand, says Lee, jobs that require unpredictable conditions and high-stakes situations are among the most stressful of 2014. These jobs are characterized as being vital functions to society and ensuring the safety of others.

For the most-stressful jobs of 2014, the list is topped by enlisted military personnel, military generals, firefighters, airline pilots and event coordinators. It is rounded out with public relations executives, senior corporate executives, newspaper reporters, police officers and taxi drivers.

The CareerCast website, CareerCast.com, offers jobs listings as well as job hunting, career management and human resource focused editorial content.

More information on the report, the full version of which is due out in April, can be found here.

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