CARMEL, Ind., April 30, 2013 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) today announced that Loretta Jacobs, FSA, MAAA, has been named Vice President of the Long Term Care business for Bankers Life and Casualty, the national life and health insurer focusing on the retirement market, reporting to Scott Perry, Chief Business Officer and President of Bankers Life. "Loretta is a valuable addition to our leadership team," said Perry. "Her broad knowledge of the industry, proven actuarial and LTC expertise, and strong leadership ability will be a great asset to Bankers Life and CNO." Jacobs joins Bankers from Ernst & Young, where she led their LTC actuarial audit and advisory services practice. She has over 20 years of insurance industry experience, including actuarial and operational leadership roles at CNA Insurance, John Hancock Mutual Life Insurance, and Milliman. Jacobs is a Fellow of the Society of Actuaries (SOA) and a member of the American Academy of Actuaries (MAAA). She graduated with high honors from the University of Notre Dame with a Bachelor of Science in Mathematics About Bankers Life and Casualty CompanyEstablished in 1879 in Chicago, Bankers Life and Casualty Company focuses on the insurance needs of the retirement market. The nationwide company, a subsidiary of CNO Financial Group, Inc. (NYSE: CNO), offers a broad portfolio of health and life insurance and annuities designed especially for retirees. To learn more, visit Bankers online at www.bankers.com. About CNO Financial Group CNO Financial Group is a holding company. Our insurance subsidiaries – principally Bankers Life and Casualty Company, Washington National Insurance Company and Colonial Penn Life Insurance Company – serve working American families and seniors by helping them protect against financial adversity and provide for a more secure retirement. For more information, visit CNO online at CNOinc.com. SOURCE CNO Financial Group, Inc.