The Phoenix Companies Names Gina Collopy O’Connell Chief Risk Officer

O’Connell will be responsible for overall leadership and direction for enterprise risk management and will report to president and CEO James D. Wehr.

(The Phoenix Companies headquarters in Hartford. Photo credit: Daderot.)

The Phoenix Companies (Hartford) has named Gina Collopy O’Connell chief risk officer. O’Connell, who currently serves as senior vice president of Financial Planning and Analysis, will be responsible for overall leadership and direction for enterprise risk management and will report to James D. Wehr, president and CEO. She will succeed Mark Griffin, who is resigning from the company effective July 17, 2015.

Gina Collopy O'Connell, Chief Risk Officer, The Phoenix Companies.

Gina Collopy O’Connell, Chief Risk Officer, The Phoenix Companies.

“Gina has been with Phoenix for 30 years and played key roles in a number of corporate and business functions,” comments Wehr. “A seasoned actuary with a breadth of operational and product experience, she has been very involved with managing operational and litigation risk and is a natural fit to lead enterprise risk management.”

In her role as senior VP, Financial Planning and Analysis, O’Connell recently played a significant role in The Phoenix Companies’ restatement and remediation efforts. She was previously responsible for oversight of the insurer’s quarterly forecast and annual financial plan processes and leading Life and Annuity Planning, Operations, Underwriting and Variable Products. O’Connell will continue to serve as a senior advisor to the actuarial student program.

(Related: Phoenix Achieves Competitive Advantage by Extended Use of Insurance Technologies Software)

O’Connell joined Phoenix in 1985 as an actuarial assistant. She holds a bachelor’s degree in mathematics from Boston College and is a Fellow of the Society of Actuaries (FSA) and a member of the Academy of Actuaries (MAAA).  She serves on the finance committee of the YWCA Hartford Region.

 

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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