Mike Downing

EVP, Chief Operating Officer, Chief Actuary at Athene
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Bio

Michael S. Downing serves as Chief Operating Officer of Athene. He is responsible for the day-to-day operations of the Company, including IT, Operations, Product Management, Marketing, and Athene’s Bermuda operations.

Prior to assuming his current role, Mr. Downing served as Executive Vice President and Chief Actuary and was responsible for global actuarial valuation, modeling, pricing, product development, and product go-to-market.

Prior to joining Athene, Mr. Downing spent seven years at The Allstate Corporation, with increasing responsibility over time. His final role included responsibility for product, actuarial, asset liability management, marketing, and finance. Prior to Allstate, Mr. Downing was a Senior Partner at Aon Hewitt, leading the International Consulting practice following assignments in the UK and Switzerland.

He holds a bachelor’s degree in Mathematics from Gustavus Adolphus College in St. Peter, Minnesota. He is a Fellow of the Society of Actuaries (FSA), an Enrolled Actuary (EA) and a Certified Enterprise Risk Analyst (CERA).

Recent Quotes
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  • Athene has large pools of capital for supporting new sales, and its large size and modern systems and procedures help it keep its administrative costs very low.

    In 2022, the conditions were perfect for Athene. Athene tries to move fast when opportunities are present.

    That meant Athene could keep growing when it looked as if concerns about capital were holding some competitors back.

Employment
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