Cheryl Neal

Cheryl Neal is a senior executive with 30+ years in the financial services and life insurance industries. She is a future-focused, solutions-driven leader with a proven track record of successful business transformations, and known as an agile leader who balances strategic thinking with practical execution to ensure scalability, sustainability and profitable growth.

Most recently, Ms. Neal was President of Kemper Life, where she was responsible for strategically evaluating the business and architecting the plan to reinitiate growth, improve profitability, refresh the product portfolio and modernize the home services business model. She led ongoing development and delivery of the Digital Agency in support of 2,300 captive agents and 4 million customers, positioning the organization for scalable, long term material growth.

As President, Foresters Financial, North American Life and Annuity Division, Ms. Neal repositioned the $10B organization from a final expense market leader to one equally balanced across ordinary life and annuities, through an independent agent network. Over a period of two years, new business sales increased from $80M to $124M and profit improved by 20% to $120M.

Ms. Neal served as President of the stand-alone $13B individual life division at Liberty Mutual. Over the course of 7 years, she led the organization to deliver profitable growth, increasing sales from $460M to $1.2B, growing profit 260% to $132M and Improving ROE 2.5 points to 9.2%. The organization also became the market leading distributor of life insurance through banks and increased life insurance sales per Liberty Mutual P&C agents to highest levels ever.

Ms. Neal’s board service includes Director, MIB; Trustee, Lawrence General Hospital: and Director, Merrimack Valley YMCA.

Cheryl Neal
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