Cliff Neal
About Cliff Neal
Cliff Neal serves as the 2nd Vice President at Protective Life, where he has enhanced financial reporting accuracy and implemented significant operational improvements. He holds a BS in Mathematics from Nicholls State University and an MBA in Finance from Lynchburg College.
Work at Protective Life
Cliff Neal has served as the 2nd Vice President at Protective Life since 2009. In this role, he has focused on enhancing financial reporting accuracy and transparency by transitioning from an internal system to an external vendor-supported system. His initiatives include implementing securitizations on the TAI reinsurance system, which has allowed for better capital deployment. Neal has also established processes and a team dedicated to identifying trends and anomalies, which are crucial for an orderly financial close process.
Previous Experience in Reinsurance
Before joining Protective Life, Cliff Neal worked at Genworth Financial as the Life Reinsurance Leader from 2005 to 2009. His responsibilities included achieving compliance with aggressive financial close deadlines by converting to a new system and designing a reinsurance data mart for analysis during the close period. Prior to that, he was a Reinsurance Supervisor at Pan-American Life Insurance Group from 2000 to 2005, where he gained significant experience in the reinsurance sector.
Education and Expertise
Cliff Neal earned a Bachelor of Science in Mathematics from Nicholls State University, where he studied from 1996 to 2000. He furthered his education by obtaining a Master of Business Administration (MBA) in Finance from Lynchburg College, completing his studies from 2007 to 2009. His academic background supports his expertise in financial analysis and reinsurance operations.
Achievements in Financial Operations
Throughout his career, Cliff Neal has realized significant cost savings in operations by consolidating four reinsurance systems into a single system, which maintained run time and doubled operational capacity. He has also directed a data remediation project that recovered over $1 million in incorrect premiums, showcasing his ability to enhance financial accuracy and operational efficiency.
Military Background
Cliff Neal served in the US Marine Corps as a Non-Commissioned Officer from 1990 to 1996. His military experience in the 1st Battalion 3rd Marines provided him with leadership skills and discipline, which have contributed to his professional development in the finance and insurance sectors.