InsuranceAUM.com

Episode 146: Executive Spotlight: Ken McCullum, Executive Vice President and Chief Risk Officer of the Principal Financial Group


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In this episode of the InsuranceAUM.com podcast, host Stewart Foley welcomes Ken McCullum, Executive Vice President and Chief Risk Officer of Principal Financial Group. Ken shares insights into the evolving role of a CRO, addressing the risks and challenges faced by insurers today, including the ongoing impacts of COVID-19 on mortality and morbidity, economic uncertainty, and the importance of strong asset-liability management. With 144 years of history, Principal's approach to risk management emphasizes a steady hand through market cycles and the ability to thrive while taking well-understood risks.


Ken also explores key topics such as liquidity management, the rise of private markets, and the need for thoughtful strategic asset allocation. As the first CRO featured on the podcast, Ken provides valuable perspectives on how insurers can balance risk-taking and resilience in a rapidly changing environment. He also shares personal reflections, offering advice on the value of taking calculated risks and highlighting the importance of strong teamwork and leadership within his organization.

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InsuranceAUM.comBy Stewart Foley

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