2013 Deceased Member — Thomas Payne Bowles, Jr.
In Memory of Thomas Payne Bowles, Jr.
SOA Past President Thomas Payne Bowles, Jr., FSA, EA, MAAA, FCA, died on December 30, 2013. He was 97.
Born in Birmingham, Alabama on October 12, 1916, he was 17 when his family moved to his father's home in Virginia in1933.
Drafted in 1942, Bowles served in the U.S. Army and graduated as a 2nd Lt. from the anti-aircraft artillery officer candidate school and was shipped to England in 1943. He participated in the Normandy Beach air defense planning for the invasion of France, commanded an advanced detachment of anti-aircraft weapons and landed on Omaha Beach on D-Day, June 6, 1944. He also participated in the Northern France, Rhineland, Ardennes, and Central Europe campaigns. For his service, Bowles was awarded the Bronze Star. He returned to the U.S. as a Major in January 1946.
In May 1946 Bowles married Lt. Arlene (Pat) Patterson, a U.S. Army Nurse. They met in Switzerland in August 1945. The two wed at her home in Iowa when she and Tom were both on R&R leave prior to shipping to the Pacific.
Following his military service, Bowles attended the University of Richmond and was an actuary for the Life Insurance Co. of Virginia. He organized Bowles, Andrews and Towne, a consulting actuarial firm in Richmond in 1948. His family moved to Atlanta in 1954 to open an Atlanta office. In 1962, he co-founded Bowles & Tillinghast in Atlanta, which became Tillinghast, Nelson and Warren in 1976. In 1970, Bowles was elected president and CEO of Georgia International Life Insurance Corporation. When it merged with Capital Holding in 1972 he became president of Capital Holding. In 1975 Bowles returned to Tillinghast, which merged with Towers Perrin in 1986, and from which he retired in 1988.
Bowles became a Fellow of the Society of Actuaries (SOA) in 1948. He was as a member of the Board of Directors for many years before serving President of the SOA in 1972-73. He was chairperson for the Joint Committee for the 1989 Centennial Celebration of the Actuarial Profession in North America, a position he considered “[o]ne of the most satisfying experiences of my professional career.” He also served as president of the Southeastern Actuaries Club, and was president of American Academy of Actuaries from 1975 to 1976.
Bowles was instrumental in establishing the Actuarial Science Program at Georgia State University in 1958. In 1989, he was honored by his friends and colleagues with the endowment of the Thomas P. Bowles, Jr. Chair of Actuarial Science at Georgia State University (GSU). In 1995, GSU established the Bowles Symposia Series as a special program of the university’s Department of Risk Management and Insurance. The Symposia Series was sponsored in part by the Actuarial Foundation for many years.
Jim MacGinnite, who worked with him for many years, said, “Tom Bowles was an extraordinary person. He was a source of strength and inspiration to several generations of actuaries. He attracted and developed talented actuaries, helping to grow the firm that carried his name for many years into a multidiscipline worldwide professional organization. He gave back to the profession in many ways, including his leadership of the Society, the Academy and the 1989 Centennial. Always approachable, unfailingly pleasant, and a gracious host, it was a pleasure to have known and worked with him.”
Bowles is survived by his wife, Pat, a son Steven and grandson Michael Bowles, Steve's wife Elizabeth and her children Haley and Katherine; a son Kenneth, his wife Cheri and granddaughters Jordan, Megan and Kelsey Bowles; a daughter Kathryn, her husband Samuel and granddaughter Erin Boyd; and two sisters Riva Fromm, and Mary Graham.
Memorials may be made to Roswell United Methodist Church, 814 Mimosa Boulevard Roswell, GA 30075; or the Mayo Foundation, mayoclinic.org.