Our Team

Jay B. Downey

Managing Director

JAY B. DOWNEY is a Managing Director of The Downey Group, Inc. Mr. Downey provides life insurance, disability, and long term care insurance planning for individuals; and assists clients with finding life settlement solutions. Jay specializes in the design, administration, and service of multi-life insurance for large professional firms.

Mr. Downey joined The Downey Group in December of 1995, after working as a loan officer at a local bank. A native of Champaign, Illinois, Jay received his Bachelor of Science from the University of Illinois at Urbana-Champaign, and is a veteran of the armed forces, where he served as a medical specialist for three years.

Mr. Downey is a qualifying and life member of one of the highly regarded associations in the insurance industry — The Million Dollar Round Table (MDRT) where he has achieved Honor Roll status, is a Chartered Life Underwriter (CLU®) and is Certified in Long Term Care (CLTC), a member of the National Association of Insurance and Financial Advisors (NAIFA), and past-President of NAIFA-ECI. Jay is a member of the Champaign, Illinois Rotary Club (aka World’s Greatest Rotary Club – WGRC) where he serves as a Board member of the Champaign Rotary Club Foundation and is a Paul Harris Fellow Level 4. Mr. Downey is a life member of the University of Illinois Alumni Association, and previously served on the Board of the Don Moyer Boys & Girls Club, and the Land Conservation Foundation. Jay’s interests include playing golf, softball and basketball, coaching various youth sports, and gardening.

Qualifying membership in the MDRT is based on minimum commission and gross business generated within a year and is not based upon performance or returns experienced by any client, or opinions of the advisor’s clients or former clients. All members must apply every year to continue their affiliation with the Million Dollar Round Table. Each MDRT status designation is granted for one year only. For details regarding qualifications for these memberships, please visit the following web site address: Member Requirements (mdrt.org) Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results.

AR Insurance License 762059, CA Insurance License # OH73223