CNO Financial hires Karen DeToro as chief actuary from New York Life

CNO Financial Group has hired Karen DeToro as chief actuary, reporting to chief executive officer Gary Bhojwani. She will also join the company's executive leadership group.

DeToro joins CNO from New York Life where she has held executive leadership positions in finance operations, product development, underwriting, strategy, and governance, including serving as vice president and chief actuary of New York Life Direct.

She previously was a principal at Deloitte Consulting and served as practice leader for its Insurance ERM and Actuarial Transformation group. DeToro has also held actuarial roles at both Allstate Financial and Ernst & Young.

"Karen is an accomplished insurance industry leader who brings more than 25 years of actuarial, finance and product management experience to CNO," said Bhojwani. "As CNO continues to execute against our strategic priorities to grow the franchise profitably and launch new products and services, Karen will bring significant technical expertise and consumer-focused product experience to our management team. I am confident her leadership will play an important role in our continued success."

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