Mark Schwarzmann is a senior financial services executive with broad experience leading and advising complex Fortune 500 companies. He quickly assimilates into organizations, coalesces teams, crafts and sells winning strategies, executes tactical plans, and rallies workforces, swiftly improving corporate performance. His product line experience includes life, disability income, long-term care, credit life and AD&D insurance, annuities, investment products, enterprise software, commercial real estate financing, and turbines for power generation and oil & gas applications. Further, his diverse functional role accountability across a variety of international P&L platforms provides a unique global perspective on the underlying mechanics that drive businesses forward.
Mark Schwarzmann is currently a Principal at Independence Associates, delivering valuable insight and guidance to a broad spectrum of client organizations focusing on go-to-market, product, corporate and balance sheet management strategies. Prior to that, Mark was President of Insurance, Annuities & Product Distribution for Ameriprise Financial and a member of the executive leadership team, accountable for developing innovative insurance and annuity product solutions. At Ameriprise he was also Chairman & CEO of the RiverSource Life Insurance Companies and RiverSource Distributors, Inc., responsible for all product wholesaling including over 200 wholesalers and $20.0 billion of annual RiverSource cash sales.
Before joining Ameriprise, Mark Schwarzmann was Group Chief Executive Officer at Allfinanz, Inc. (now Munich Re Automation Solutions), a global developer of automation software for the investment and insurance industry serving Fortune 100 producers and distributors of financial services. At Allfinanz he reported to the Board of Directors and had responsibility for the global P&L and all strategic, tactical and operational aspects of the business. He led the financial turnaround of the company from an annual loss of over €7 million to breakeven in just one year. Prior to his CEO role, Mark was Chief Operating Officer-Americas, where he led the strategic shift from a life products and carriers only focus to to a platform solution offering – while doubling major North American life insurance sales and deployments.
Prior to Allfinanz Mark Schwarzmann held a number of senior operational roles during his 16-year career at General Electric Company. At GE Financial Assurance, an insurance and investment products holding company, he was Senior Vice President – Wealth Management Services, and earlier Senior Vice President – Financial Institution Services each reporting to the President of the Financial Services Group. At GE Capital-Rescom, L.P., he was Senior Vice President and COO dually reporting to the Board of Directors and the President of GE Capital Commercial Real Estate. Earlier in his career Mark held several other general management, business development and finance positions at GE Capital Commercial Real Estate, GE Power Generation, GE Corporate Audit Staff, GE Aerospace and GE Plastics.
Mark Schwarzmann served on the ACLI Board of Directors for four years including Chairing the Membership Committee. He has held FINRA Series 7 & 24 registrations, and is a GE Certified Six Sigma Black Belt. He earned his A.B. Economics & Business at Lafayette College. Mark is passionate about the arts, and is a board member of several arts-related community organizations.