CNO Financial Group is a leading provider of health and life insurance, as well as retirement solutions, for middle-income Americans. Headquartered in Carmel, Indiana, CNO Financial operates through its family of insurance brands, including Bankers Life, Colonial Penn, and Washington National. With a commitment to serving the needs of its customers, CNO Financial offers a range of insurance products designed to help individuals and families achieve financial security and peace of mind.

Services and Solutions

CNO Financial Group provides a comprehensive suite of insurance products and services designed to meet the diverse needs of its clients. Key service areas include:

1. Life Insurance: CNO Financial offers a variety of life insurance products, including term life, whole life, and universal life insurance. These products provide financial protection for policyholders and their beneficiaries, ensuring peace of mind and financial security.
2. Health Insurance: The company provides health insurance solutions, including Medicare Supplement insurance, long-term care insurance, and supplemental health insurance. These products help cover healthcare costs not covered by traditional health insurance or Medicare.
3. Retirement Solutions: CNO Financial delivers comprehensive retirement planning solutions, including fixed annuities, indexed annuities, and immediate annuities. These products are designed to help individuals accumulate savings and generate income during retirement.
4. Supplemental Health Insurance: The company offers a range of supplemental health insurance products, including cancer, heart/stroke, and hospital indemnity insurance. These products provide additional coverage to help policyholders manage the financial impact of serious health conditions.
5. Investment Products: CNO Financial provides investment products and services to help individuals grow and protect their assets. This includes managed accounts and mutual funds.

Actuarial Opportunities

CNO Financial Group offers a variety of opportunities for actuaries across its insurance and financial services divisions. Actuaries at CNO Financial play a crucial role in product development, risk management, and financial modeling. Key areas where actuaries contribute include:

• Product Pricing: Designing and pricing life insurance, health insurance, and retirement products to meet client needs while ensuring profitability and compliance.
• Risk Management: Assessing and managing risks associated with insurance and investment products to maintain the company’s financial strength and stability.
• Data Analysis and Modeling: Leveraging advanced analytics and modeling techniques to analyze market trends, forecast financial outcomes, and support decision-making processes.
• Financial Reporting and Compliance: Ensuring that products and services comply with regulatory requirements and industry standards. This includes preparing actuarial reports and maintaining actuarial documentation.
• Research and Development: Conducting research on emerging trends, market dynamics, and innovative solutions to enhance CNO Financial’s product offerings and service capabilities.

Employee Benefits and Compensation

CNO Financial Group is dedicated to attracting and retaining top actuarial talent by offering competitive compensation and a comprehensive benefits package. Key benefits include:

• Health and Wellness: CNO Financial provides comprehensive health insurance plans, including medical, dental, and vision coverage. The company also offers wellness programs, fitness incentives, and mental health support to promote employee well-being.
• Retirement and Savings: Employees have access to a 401(k) plan with company match, along with other retirement savings options. CNO Financial also offers financial planning services to help employees plan for their future.
• Work-Life Balance: CNO Financial supports a healthy work-life balance with flexible work arrangements, including remote work options and generous paid time off. The company also offers family leave and childcare support.
• Professional Development: CNO Financial invests in employee growth through continuous learning opportunities, including tuition reimbursement, professional certifications, leadership training, and career advancement programs.
• Diversity and Inclusion: CNO Financial is committed to fostering a diverse and inclusive work environment. The company offers various employee resource groups, diversity training programs, and initiatives to promote inclusion.

Business Divisions

CNO Financial Group operates through several key business divisions, each specializing in different areas of insurance and financial services:

• Bankers Life: Focuses on providing life insurance, Medicare Supplement insurance, long-term care insurance, and annuities to middle-income retirees.
• Colonial Penn: Specializes in life insurance products designed to meet the needs of middle-income Americans, with a focus on direct-to-consumer distribution.
• Washington National: Offers supplemental health insurance products, including cancer, heart/stroke, and hospital indemnity insurance, as well as life insurance and annuities.

Summary

CNO Financial Group is a leader in providing innovative insurance and financial solutions, dedicated to helping individuals and families achieve financial security and peace of mind. With a strong presence in the United States, CNO Financial offers comprehensive insurance products and a supportive work environment, making it an attractive employer for actuaries and other financial professionals. Actuarial professionals looking for opportunities at CNO Financial can expect to find a dynamic workplace that values innovation, professional development, and employee well-being.

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