AAM Insurance Investment Management Names Dan Byrnes as President
AAM Insurance Investment Management (AAM) is pleased to announce the promotion of Dan Byrnes to the newly created role of President, effective March 1, 2025. In this capacity, Byrnes will report directly to Chairman and Chief Executive Officer John Schaefer. He will be responsible for overseeing the Portfolio Management team while continuing his direct engagement with clients as a Portfolio Manager.
“I am excited to announce this new role for Dan,” said John Schaefer. “Throughout his career, Dan has consistently demonstrated an unwavering commitment to understanding client objectives and designing tailored investment portfolios that not only meet but often exceed those objectives. Under Dan’s leadership as President, will continue to prioritize its client-centric culture, which emphasizes listening, advising, and collaborating with clients as a trusted partner.”
Byrnes’ Journey at AAM
Dan Byrnes’ journey with AAM began in 2003 when he joined the firm as an investment professional. Over the years, he has grown within the company, taking on increasing responsibilities and playing a vital role in the firm’s evolution. By 2006, he was promoted to Portfolio Manager, where he worked closely with a variety of insurance clients, including those in the Property & Casualty, Health, and Life insurance sectors. His deep understanding of insurance investment strategies has allowed him to develop innovative and customized solutions for clients, further strengthening AAM’s reputation in the industry.
A key part of Byrnes’ contributions at AAM has been his leadership in establishing the firm as a thought leader within the Government Risk Pool sector. His ability to analyze market trends and assess risk has made AAM a go-to resource for clients looking to navigate the complexities of investment management within this niche.
Byrnes’s Vision for AAM’s Future
As Byrnes transitions into his new role as President, he has expressed his enthusiasm for leading AAM into its next phase of growth and innovation.
“I have always enjoyed working with clients to create a portfolio strategy that aligns with their specific needs,” Byrnes stated. “Collaboration with my colleagues at AAM has been key to successfully executing those strategies. I am excited to take on this new role and to lead this process across the firm, ensuring that we continue to provide exceptional service and results for our clients.”
One of Byrnes’ primary focuses as President will be maintaining and strengthening AAM’s strong client relationships. The firm’s approach to investment management has always been rooted in a deep understanding of client goals, risk tolerance, and regulatory considerations. Byrnes aims to uphold this philosophy while exploring new opportunities to enhance the firm’s investment offerings.
AAM’s Client-Centric Culture
AAM has built its reputation on a client-first philosophy, emphasizing active communication, transparency, and strategic guidance. Under Byrnes’ leadership, this culture will remain central to the firm’s operations. He has been a vocal advocate for proactive client engagement, ensuring that AAM’s portfolio managers remain accessible and responsive to client needs.
The promotion of Byrnes to President comes at a time when the insurance investment landscape is becoming increasingly complex. Regulatory changes, evolving market dynamics, and shifting interest rates present both challenges and opportunities for insurance asset managers. Byrnes’ expertise in portfolio construction and risk assessment will be instrumental in guiding AAM through these evolving market conditions.
A Strong Foundation in Finance and Investment Management
Dan Byrnes’ professional background has uniquely positioned him to take on this leadership role. Before joining , Byrnes worked as an accountant at CNA Insurance, where he gained valuable experience in financial reporting, risk management, and regulatory compliance. His early exposure to the insurance industry provided him with a solid foundation in understanding the financial challenges and investment needs of insurance companies.
In addition to his professional experience, Byrnes holds a Chartered Financial Analyst (CFA) designation and is an active member of the CFA Society of Chicago. His academic credentials include a Bachelor of Science in Finance from the University of Illinois at Urbana-Champaign and a Master of Business Administration (MBA) from the Booth School of Business at the University of Chicago. His educational background, combined with his extensive industry experience, has equipped him with the analytical and leadership skills necessary to drive AAM forward.
