CNO Financial Group has named Tim Bischof as chief risk officer, effective immediately.
Bischof has been CNO’s senior vice president, corporate actuary, and head of enterprise risk management since 2013. He will continue in that role, in addition to his promotion to chief risk officer.
As chief risk officer, Bischof will be responsible for risk management strategy for CNO and its insurance businesses. Working closely with company leadership, he will lead practices related to risk governance as well as advise leadership on embedded and emerging risks.
As chief risk officer, he will report to Chief Financial Officer Paul McDonough.
Since joining CNO in 2001, Bischof has held leadership roles overseeing valuation, asset liability management, enterprise risk, expense management, reinsurance, capital management, strategic risk functions, and enterprise mergers and acquisitions. Prior to CNO, he spent six years as an actuary with Indianapolis Life and CIGNA.