Delta Dental Vice President Barry Petruzzi Appointed to the Board of Directors of Commerce and Industry Association of New Jersey

PARSIPPANY, N.J. — December 19, 2023Delta Dental of New Jersey is pleased to announce that Barry Petruzzi, Vice President of Underwriting and Actuarial, has been appointed to the Board of Directors of the Commerce and Industry Association of New Jersey (CIANJ)

 

“We are delighted to welcome Barry to our board of directors,” said Anthony Russo, President of CIANJ. “At CIANJ, we are constantly striving to bring a wide array and diversity of thought and experience to our board that will further our organization’s mission and values. With Barry’s deep expertise in insurance and underwriting, we’ll be better prepared to take smart risks to guide the local industry forward.” 

 

Petruzzi brings over 25 years of actuarial experience to his new role on the CIANJ’s over 60-person board. Petruzzi joined Delta Dental in 2019 and is responsible for developing and maintaining pricing structures and underwriting guidelines, as well as determining the Company’s reserve liabilities. His deep knowledge of insurance and the business landscape in New Jersey positions him as a valuable member of the CIANJ board. Before joining Delta Dental, Petruzzi was vice president and chief group actuary for Prudential Financial.

“I’m excited to join the CIANJ Board, and their mission of promoting free enterprise and serving as a platform to exchange ideas really resonates with me,” said Barry Petruzzi, Vice President, Underwriting and Actuarial, Delta Dental of New Jersey. “I’m also looking forward to working alongside other CIANJ Board members, all of whom encompass wide areas of expertise, and I’m committed to bringing my experiences to this Board and representing all the great things that Delta Dental is about.”  

 

Petruzzi’s term begins on January 1, 2024

 

For more information about CIANJ, visit CIANJ.org. For more information about Delta Dental of New Jersey, visit DeltaDentalNJ.com.

 

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About Barry Petruzzi 

Barry Petruzzi currently serves as Vice President of Underwriting and Actuarial Services at Delta Dental of New Jersey and Delta Dental of Connecticut

 

Petruzzi is responsible for developing and maintaining Delta Dental’s pricing structures and underwriting guidelines. He’s also responsible for determining the company’s reserve liabilities and assisting with developing financial projections. Petruzzi provides the senior leadership team strategic perspectives on actuarial and underwriting matters and supports the organization’s overall corporate objectives.

 

Petruzzi is active within the actuarial industry and is a Fellow of the Society of Actuaries, a member of the American Academy of Actuaries, and a frequent speaker at meetings hosted by the Society of Actuaries and Group Underwriters Association of America. 

 

Prior to joining Delta Dental, Petruzzi was Vice President and Chief Group Actuary for Prudential Financial. Petruzzi has more than 25 years of experience in the Group Life/Disability marketplace, having held senior leadership positions at The Hartford and Guardian Life Insurance Company of America over the course of his career. He holds a bachelor’s degree in Mathematics from Penn State University.

 

About Delta Dental

Delta Dental of New Jersey, Inc. is New Jersey's leading dental benefits company, providing or administering coverage to more than 1.9 million people through contracts with groups and individuals in New Jersey and Connecticut. In Connecticut, Delta Dental of Connecticut, Inc. is a licensed insurer that writes dental and vision coverage on an insured basis, and Delta Dental of New Jersey administers self-funded dental benefit programs.

 

Offering dental benefits since 1969, Delta Dental of New Jersey's mission is to promote oral health to the greatest number of people by providing accessible dental benefit programs of the highest quality, service, and value. We are a not-for-profit service corporation and, as a member of Delta Dental Plans Association, we're part of a network that provides national dental coverage to more than 85 million people. For more information, visit DeltaDentalNJ.com

 

About CIANJ

The mission of CIANJ is to be the leader in free enterprise advocacy for the purpose of fostering, through education, legislative vigilance, and membership interaction, an economic climate that enhances business potential and makes New Jersey a better state in which to live, work, and conduct business. Over time, CIANJ has learned how the real value of a business association is found in the relationships built and the resources shared. CIANJ’s forums and business councils are arenas that bring together the brightest minds across professional disciplines in the key areas that affect every business in the state. From finance and healthcare to human resources and the environment, there is always something to learn – or something to share — in our association.