Susan Neely plans to retire from her post as president of the American Council of Life Insurers at the end of the year.
Neely, who took over as the leader of the Washington-based group in 2018, has played a key role in shaping tax rules and financial services policy in Washington. She served as a spokesperson for life insurers as they were coping with the effects of the COVID-19 pandemic on operations on claims.
Associations like the ACLI can "be force multipliers that unify members and address society-level challenges," she said.
The ACLI board has hired Heidrick & Struggles to conduct a search for Neely's successor.
The history: Neely's predecessor as president of the ACLI was Dirk Kempthorne, who was a former mayor of Boise, Idaho, a former a senator from Idaho, a former governor of Idaho and a former federal Interior secretary.