Citizens, Inc. names chief actuary Seth Hoxworth as chief risk officer

Citizens, Inc. (NYSE: CIA) has appointed Seth Hoxworth, its current chief actuary, to the additional role of chief risk officer, a newly created position, according to a company statement.

Hoxworth will continue reporting to President and Chief Executive Officer Jon Stenberg while taking on expanded responsibilities that include overseeing the formalization of the company's enterprise risk management (ERM) framework. He will also work with executive leadership and the board of directors to identify, assess, monitor, and manage strategic, operational, financial, regulatory, and insurance-related risks across the organization.

Hoxworth holds the Chartered Enterprise Risk Analyst (CERA) designation, is an Associate of the Society of Actuaries (ASA), and is a Member of the American Academy of Actuaries (MAAA). He has nearly two decades of experience across life, annuity, accident and health, and long-term care insurance.

Before joining Citizens, Hoxworth held actuarial leadership roles at other insurance organizations, where he was responsible for valuation, financial reporting, SOX compliance, and strategic business planning.

"Seth has consistently demonstrated exceptional leadership, technical expertise, and sound judgment throughout his career," Stenberg said in the statement.

Citizens, Inc. provides life, living benefits, and final expense insurance to individuals and small businesses in the U.S., Latin America, and Asia.

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