Standard Insurance Company, a subsidiary of StanCorp Financial Group Inc., has named Mike Dunst as assistant vice president of absence management.
"Mike's experience is rich, and his skills are broad and deep in the absence and disability management area, which he has been operating in for more than 20 years," says Dan McMillan, vice president of the insurance services group at The Standard.
"Economic conditions continue to put pressure on companies of all sizes to do more with less and maximize employee productivity," McMillan adds. "We are continually seeking new ways to create dependable value for our customers, and our absence management program, under Mike's leadership, is well-positioned to meet that need."
Dunst first entered the insurance industry at CIGNA, where he worked in finance and reinsurance before moving into disability claims operations. In 1996, he co-founded Disability Management Alternatives, and in 2003, DMA merged with Lewisco to form LCG. LCG was acquired by Hewitt in 2008, and Dunst became a leader in absence management operations.
In his new role, Dunst will lead The Standard's absence management program and oversee the service and processes, software development/enhancement, sales training and support, vendor/partner management, operational effectiveness and customer service. In addition to these responsibilities, Dunst will act as The Standard's national practice leader for absence management.
Dunst earned an accounting degree from Villanova University and an MBA in finance from St. Joseph's University in Philadelphia.
The Standard's absence management program helps companies of all industries manage employee absence, such as short-term disability, family medical leave, state leaves and other company time off.