Biography

Ken McCullum is executive vice president, chief risk officer, and head of the general account for Principal Financial Group^®. He leads the company’s enterprise risk management strategy and provides executive oversight of the insurance general account. Across these responsibilities, he guides enterprise risk priorities while directing asset-liability strategy and capital deployment to help identify and manage risk supporting long-term value for customers, employees, shareholders, and the communities Principal serves.

McCullum joined Principal in April 2015 as vice president and chief actuary. He was named senior vice president and chief risk officer in September 2020 and promoted to executive vice president and chief risk officer in March 2023.

Prior to joining Principal, McCullum served as executive vice president at Delaware Life Insurance Company, where he led business development and in-force management. Earlier, he held senior leadership roles at Sun Life, including oversight of its life and annuity businesses. He began his career at The Hartford, where he spent 15 years in several leadership roles, including leading the institutional investment products division and serving as chief actuary of the legacy holdings division.

McCullum earned a bachelor’s degree from Ball State University. He is a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries. He currently serves as chairman of the board of the Principal Charity Classic, as a director of Principal Funds^®, a member of Drake University Board of Trustees, and a Board member of By Degrees Foundation.