Workers expect their defined contribution plans to play a greater role in their retirement income than annuities.
CNO Financial Group, Inc. announced that Tim Bischof has been named Senior Vice President, Corporate Actuarial & Enterprise Risk Management.
He will report to Fred Crawford, Chief Financial Officer.
"Tim is a seasoned professional who has been deeply involved in virtually all aspects of actuarial and risk management practices at CNO," said Crawford. "His breadth and depth of experience will be a great asset to CNO as we continue to advance enterprise risk management and governance on enterprise-wide actuarial practices."
Bischof joined CNO in 2001, and has steadily progressed through a wide variety of actuarial roles, making significant contributions in valuation, pricing, actuarial controls, Asset Liability Management, and Enterprise Risk Management. Most recently he was the Vice President of Risk Management. Prior to CNO, he spent six years as an actuary with Indianapolis Life Insurance Co. and Cigna Corp.
CNO Financial Group is a holding company.
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