Albert J. “Bud” Schiff, CLU to be Enshrined in The American College Alumni Hall of Fame

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Albert J. “Bud” Schiff, CLU®, will be inducted into The American College Alumni Hall of Fame in an award ceremony at The College’s Knowledge Summit in New York City on Monday, December 6, 2010. Only five other individuals have ever received this honor. The Alumni Hall of Fame is intended to recognize graduates of The American College’s designation or degree programs who have made extraordinary contributions in time, effort and energy to this remarkable institution of higher learning.

Albert J. “Bud” Schiff, CLU to be Enshrined in The American College Alumni Hall of Fame

Albert J. “Bud” Schiff, CLU®, will be inducted into The American College Alumni Hall of Fame in an award ceremony at The College’s Knowledge Summit in New York City on Monday, December 6, 2010. Only five other individuals have ever received this honor.

Schiff is the Chief Executive Officer of New York Life Executive Benefits LLC (NYLEX Benefits) as well as the retired Senior Executive Vice President and member of the Board of Trustees of the Mutual Life Insurance Company of New York (MONY).

The Alumni Hall of Fame is intended to recognize graduates of The American College’s designation or degree programs who have made extraordinary contributions in time, effort and energy to this remarkable institution of higher learning. Individuals must be long-term volunteers and active participants in The College’s community and learning environment.

The selection of the Alumni Hall of Fame recipient is based on past nominations and new nominations from graduates. Being nominated previously does not exclude individuals from consideration.

“Time and again, Bud has demonstrated his steadfast support of The American College. As a member of our Board of Trustees and as the Chair of our Foundation Board of Directors, Bud has helped reinforce our core values and create growth opportunities. With his support, The College was able to obtain the vital financial resources needed to deliver technologically advanced, high-impact professional education. Today, our institution continues to grow and prosper thanks to his efforts,” stated Larry Barton, Ph.D., President and Chief Executive Officer of The American College.

Induction into The American College Alumni Hall of Fame is a significant achievement for Schiff in an already remarkable career marked by accomplishment and distinction.

Schiff is a graduate of the University of North Carolina at Chapel Hill, and earned his Chartered Life Underwriter® (CLU®) designation from The American College in 1968. Over the course of his career, he has served in numerous insurance industry leadership roles, including:

  •     President of the Association for Advanced Life Underwriting (AALU).
  •     Chairman of the International Million Dollar Round Table Top of the Table.
  •     Member of the LIFE Foundation Board of Directors.

Schiff has also served as a Captain in the United States Navy Reserve, and is an avid yachtsman. He and his wife Jayne reside in Greenwich, CT, and have two grown children and six grandchildren.

For more information on attending the Alumni Hall of Fame Induction Ceremony and The American College Knowledge Summit in New York City, please click here or call Sue Rein at 610-526-1200.

The American College is the nation’s largest non-profit educational institution devoted to financial services. Holding the highest level of academic accreditation, The College has served as a valued business partner to banks, brokerage firms, insurance companies and others for over 83 years. The American College’s faculty represents some of the financial services industry’s foremost thought leaders. For more information, visit TheAmericanCollege.edu.

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