Background
Steele, Ernest Clyde was born on May 11, 1925 in Corbin, Kentucky, United States. Son of J. Fred and Leona (McFarland) Steele.
Steele, Ernest Clyde was born on May 11, 1925 in Corbin, Kentucky, United States. Son of J. Fred and Leona (McFarland) Steele.
Bachelor of Science with honors, University Kentucky, 1948. Master of Science, University Kentucky, 1950.
Assistant actuary Peninsular Life Insurance Company, Jacksonville, Florida, 1950-1954. Actuary Pioneer Life & Casualty Company, Gadsden, Alabama, 1955. Vice president, actuary Guaranty Savings Life Insurance Company, Montgomery, 1956-1957.
Executive vice president, actuary American Investment Life Insurance Company, Nashville, 1958-1959. President, actuary Appalachian National Life Insurance Company, Knoxville, 1959-1967. Senior vice president, chief investment officer, operations analyst Coastal States Life Insurance Company, Atlanta, 1968-1971, executive vice president, director, 1971-1974, president, director, 1974-1979.
President Occidental Life Insurance Company of North Carolina, 1979-1985, chairman, 1986-1988. President, director Peninsular Life Insurance Company, 1981-1983, chairman, 1986-1988. Executive vice president investments MCM corporation, 1985-1988.
Retired, 1988
Past president Georgia Association Life Institute Companies, 1976-1977. Served to Second lieutenant United States Army, 1943-1945.
Past president Great Smoky Mountain Council Boy Scouts American, 1965—1966. Fellow Life Management Institute. Member Life Office Management Association (past chairman board), American Council Life Insurance (past director), University Kentucky Alumni Association (past board directors), American Academy Actuaries, Pi Mu Epsilon, Order Kentucky Colonels(honorary).
Married Cora Jones, June 17, 1944 (deceased November 1988). Children: Gerald R., David. P.; Married Helen LeCoultre, July 7, 1990 (deceased January 2007).