Protective Life Corp., a subsidiary of Dai-ichi Life Holdings Inc., has hired Dom Lebel as senior vice president and chief risk officer.
As CRO, Lebel’s primary responsibility is providing independent oversight of enterprise risks with a focus on insurance and product related risks, credit and market risks, as well as operational and technology risks.
“We are thrilled to have Dom join Protective. He is a proven leader with a deep understanding of our industry and the issues impacting our business,” said Steve Walker, vice chairman, Finance & Risk for Protective Life. “We have a strong risk team in place, and Dom’s leadership will advance our enterprise risk management expertise, ultimately supporting Protective’s continued growth.”
Lebel has nearly 30 years of life insurance and annuity experience. Prior to joining Protective, Lebel served as managing director, leading the Americas Life Insurance Consulting and Technology practice at Willis Towers Watson.
He earned his bachelor’s degree in actuarial mathematics from Concordia University. He is a fellow of the Society of Actuaries, a member of the American Academy of Actuaries and a fellow of the Canadian Institute of Actuaries.
During his career, he has gained experience working with U.S. and multinational life insurers on embedded value, economic capital, mergers and acquisitions, pricing and product development and transformation.
Headquartered in Birmingham, Protective Life offers life insurance, annuity and asset protection solutions and has more than 3,800 employees. It also has core sites in the greater Cincinnati area and St. Louis.