CARMEL, Ind. , Aug. 13, 2014 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) today announced that Chris Nickele has been named Executive Vice President and Chief Actuary. He will continue to report to Ed Bonach , CEO of CNO Financial Group. Mr. Nickele previously was the Executive Vice President of Product Management, and the President of the Other CNO Business (OCB) segment.
"Chris was the key business leader for the unwinding of our OCB segment, which represented a significant milestone in the transformation of CNO Financial Group," said Ed Bonach , CNO CEO. "He can now devote his full attention, across the enterprise, to our critical actuarial work. Along with his continuing management of product pricing and development, he will now take on all of our actuarial valuation. Chris's actuarial expertise, along with his outstanding track record on building enterprise value, makes him uniquely qualified to lead our Actuarial team."
Nickele, 57, joined CNO in 2005. He had previously worked in a variety of actuarial and business leadership roles at Lincoln Financial Group, First Penn-Pacific, Zurich Kemper Life, and Bankers Life and Casualty. He holds a BS in Mathematics from the University of Notre Dame , is a Fellow of the Society of Actuaries, and a Member of the American Academy of Actuaries.
About CNO Financial Group
CNO Financial Group, Inc. (NYSE: CNO) is a holding company. Our insurance subsidiaries - principally Bankers Life and Casualty Company, Colonial Penn Life Insurance Company and Washington National Insurance Company - primarily serve middle-income pre-retiree and retired Americans by helping them protect against financial adversity and provide for a more secure retirement.www.CNOinc.com.
CNO Financial Group, Inc. is a holding company for a group of insurance companies. The Company develops, markets and administers health insurance, annuity, individual life insurance and other insurance and financial services products. It is focused on serving middle-income pre-retiree and retired Americans. The Company primarily market its insurance products under its three primary brands: Bankers Life, Washington National and Colonial Penn. It markets its products through the Consumer and Worksite Divisions that reflect the customers served by the Company. The Consumer Division serves individual consumers, engaging with them on the phone, virtually, online, face-to-face with agents, or through a combination of sales channels. The Worksite Division focuses on the sale of voluntary benefit life and health insurance products in the workplace for businesses, associations, and other membership groups, interacting with customers at their place of employment and virtually.