The medal's obverse bears image of a sculpture of six birds flying up towards the sky.
The reverse bears view of office building with two palm trees and five smaller trees; clouds behind. Around top, PIERCE NATIONAL LIFE INSURANCE COMPANY; under building, HOME OFFICE / LOS ANGELES, CALIF.
Dick Johnson's reference work of American medallic art has this medal listed under Svenson and its obverse under Joseph di Lorenzo without further explanation. Maybe that means that the two cooperated on the medal or maybe it's a filing mistake (usually he mentions the form of cooperation as well as the fact that there was a cooperation). For now, I have attributed this medal only to Svenson.
References: MACo 1967-033