Jack F. McGarry
Executive Vice President and Chief Financial Officer
Jack McGarry is executive vice president and chief financial officer for Unum Group, one of the world’s leading providers of workplace financial protection benefits. As CFO, McGarry is responsible for overall financial management of the company, including financial reporting, treasury and capital management, strategic planning and mergers and acquisitions, investments, financial planning, investor relations, and enterprise risk management.
An actuary by profession, McGarry is a fellow of the Society of Actuaries and a member of the American Academy of Actuaries.
From 2012 to April 2015, McGarry was president and chief executive officer of Closed Block Operations, which comprises the company’s individual disability and long-term care legacy business and accounts for more than 30 percent of Unum’s capital. In this role, he built a strong management team, re-engineered the financial management strategy for the block and improved Unum’s long-term care rate increase effectiveness.
Prior to leading the Closed Block, McGarry served as president and CEO of Unum UK for two years.
McGarry joined Unum in 1986 as an actuary in the Individual Life division. He held various financial roles including chief finance officer for the Life, Health and Retirement Products division. In 1992, he became vice president of Underwriting and Risk Management for Unum’s Long Term Disability division, and later oversaw the Individual Disability, National Client Group and Corporate Development efforts for Unum US. He was head of Risk Management for Unum US, where he oversaw claims management activities for the company’s U.S. operations.
McGarry graduated magna cum laude from the University of Vermont in 1980 with a bachelor’s degree in mathematics.