Karen DeToro

Chief Actuary

CNO Financial Group


Insurance/Risk Management

Member since:


Membership Type:


Karen DeToro has served as chief actuary of CNO Financial Group since September 2019. She is responsible for actuarial, insurance product development and risk management for CNO. Prior to joining CNO, DeToro held executive leadership positions in finance operations, product development, underwriting, strategy and governance at New York Life, including serving as vice president and chief actuary of New York Life Direct. She was a principal at Deloitte Consulting, where she led its Insurance Enterprise Risk Management (ERM) and Actuarial Transformation initiatives. DeToro also has held actuarial roles at both Allstate Financial and Ernst & Young. DeToro received a bachelor’s degree in mathematics and English literature from Butler University and a Master of Business Administration (MBA) with a concentration in finance, managerial economics, strategy, and organizational behavior from the Kellogg Graduate School of Management at Northwestern University. She is a Fellow of the Society of Actuaries (FSA), member of the American Academy of Actuaries (MAAA) and executive sponsor of the CNO PRISM LGBTQ+ Business Resource Group. Civic Leadership Engagement  Vestry Clerk | All Saints Episcopal Church, Western Springs, IL 2021 – Present  Member, Board of Directors | Society of Actuaries, Schaumburg, IL 2015 – 2018 The Society of Actuaries is the largest professional organization dedicated to serving the actuarial profession and the public, with 24,000 members worldwide  Member, Advisory Board | Butler University Davey Risk Management Program – Indianapolis, IN 2011 – 2015 The Davey Risk Management Program was recently formed within Butler University’s School of Business to provide a focused educational program in risk management and insurance  Chairman / Member, Board of Directors | Chicago Training Center 2010 – 2015 This non-profit organization uses the sport of competitive rowing, combined with mentoring, travel opportunities and academic support, to help underserved Chicago youth achieve their potential  Member, Board of Advisors | Butler University Actuarial Science Program – Indianapolis, IN 2009 – 2015 The Board of Advisors supports the University’s Actuarial Science program by providing support and advice to program leadership and working directly with students through mentoring and on-campus visits  Chairman/Member|Joint SOA/CAS Career Encouragement Committee 2002 – 2007 This committee was charged with developing awareness of the Actuarial profession among high school and college students and their key influences, including teachers, guidance counselors and parents