Full-Time
Life and health insurance, annuities provider
$157.8k - $236.8k/yr
Orlando, FL, USA + 10 more
More locations: Philadelphia, PA, USA | Richmond, VA, USA | Chicago, IL, USA | Charlotte, NC, USA | St. Louis, MO, USA | Milwaukee, WI, USA | Carmel, IN, USA | Minneapolis, MN, USA | Atlanta, GA, USA | Cincinnati, OH, USA
Remote
Must work within the United States, during Eastern or Central time-zone hours; occasional travel to corporate offices may be required.
Bachelor's, Master's
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CNO Financial Group provides life and health insurance, annuities, and financial services through its brands Bankers Life, Colonial Penn, Optavise, and Washington National for middle-income Americans. Customers obtain policies and retirement products through a network of associates, exclusive agents, and independent partners, with underwriting and policy administration supporting the offerings. It differentiates itself by combining a large agent network with multiple consumer brands focused on middle-income customers, offering a broad suite of products under one corporate umbrella and using a flexible, hybrid workplace. Its goal is to protect health and financial security today and in retirement, while helping families plan for the future and providing opportunities for its employees and partners.
Company Size
10,001+
Company Stage
IPO
Headquarters
Carmel-by-the-Sea, California
Founded
1979
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Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Short-term & long-term disability insurance
Paid time-off and corporate holidays
Paid Parental Leave
Company paid life insurance
CNO Financial Group reported second-quarter revenue of $1.01 billion, beating analyst estimates and representing 5.5% year-on-year growth. The insurance services company's adjusted earnings per share of $1.26 exceeded expectations by 29.9%. CEO Gary Bhojwani credited the results to record annuity and Medicare Supplement sales, alongside the company's captive agent distribution model. Medicare Supplement new annualised premiums increased 52%, benefiting from consumers shifting away from Medicare Advantage plans. The company's worksite division saw a 29% jump in life and health new annualised premiums. Net investment income grew 8%, supported by higher yields. Looking ahead, management expects continued growth in Medicare Supplement and annuity products, driven by demographic tailwinds as baby boomers enter retirement. CFO Paul McDonough stated the company aims to improve return on equity each year through 2027 and beyond.
CNO Financial Group reported second quarter 2026 net income of $126 million, or $1.33 per diluted share, with net operating income of $120 million, or $1.26 per diluted share. Operating earnings per share grew 45% in the quarter and 39% year-to-date. The company raised its 2026 operating earnings per share guidance by 8% at the midpoint. Return on equity reached 10.9%, whilst operating ROE excluding significant items was 13.1%. Book value per diluted share, excluding accumulated other comprehensive loss, rose 5% to $39.92. Total new annualised premiums increased 7%, marking the 16th consecutive quarter of insurance sales growth. The company achieved quarterly records in Worksite Division new annualised premiums, annuity collected premiums, and client assets in brokerage and advisory.
CNO Financial Group reported first-quarter 2026 revenue of $1.03 billion and net income of $37.7 million, beating prior-year results. The company's board approved a $0.01 increase in its quarterly dividend to $0.18 per share, marking its 14th consecutive annual dividend increase. The insurer reaffirmed its full-year operating earnings per share guidance of $4.25 to $4.45. The results demonstrate how CNO's insurance and fee businesses are supporting higher cash returns to shareholders through its middle-income retiree customer base. However, analysts note that prolonged low interest rates could pressure investment margins. CNO's revenue is projected to decline 1.2% annually through 2029, whilst earnings are expected to increase by approximately $239 million from current levels of $229.3 million. Community fair value estimates cluster around $46 per share.
CNO Financial Group reported first quarter 2026 net income of $38 million, or $0.39 per diluted share, whilst net operating income reached $101 million, or $1.05 per diluted share. The company achieved a return on equity of 9.5% and an operating ROE of 12.2%, excluding significant items. Operating earnings per share grew 33%, driven by continued sales momentum. Total new annualised premiums increased 11%, whilst Medicare policies sold rose 24%. Book value per diluted share, excluding accumulated other comprehensive loss, stood at $38.98. The Carmel, Indiana-based insurer repurchased $60 million of common stock during the quarter and maintained a consolidated statutory risk-based capital ratio of 375% for its US-based insurance subsidiaries. CEO Gary Bhojwani highlighted 15 consecutive quarters of sales growth.
CNO Financial Group reported Q4 revenues of $1.01 billion, up 2.4% year on year, exceeding analysts' expectations by 1.5%. The life insurance company also beat EPS estimates, prompting CEO Gary Bhojwani to highlight "excellent quarter and full-year performance". Despite the strong results, CNO's stock has fallen 4.2% since the earnings release and currently trades at $40.53. The broader life insurance sector experienced a challenging quarter, with the 12 tracked stocks averaging an 8.2% decline since their latest earnings reports. CNO Financial Group develops and markets health insurance, annuities and life insurance products primarily targeting middle-income pre-retirees and retirees. The company was rebranded from Conseco in 2010 following financial challenges.