Dwight Radel was named Assistant Director for Risk Assessment in February 2015 and is a key member of the management team responsible for the financial regulation duties of approximately 1,700 insurers licensed to do business in Ohio to ensure they are financially compliant with Ohio insurance law.
Since joining the Department in February 1986, Radel has worked in the field as an insurance examiner and in-house as an analyst. He most recently served as the agency’s Chief Financial Analyst.
Radel helped develop and implement enhancements to the Department’s risk-based surveillance process, improved the procedures, efficiency and quality in which the Department’s financial analysis unit operates, and aided in developing insurance laws, rules and regulations.
He is an involved member on several National Association of Insurance Commissioners (NAIC) working groups, which includes the: Financial Analysis Handbook Working Group, Financial Analysis Working Group, Principle-Based Reserving Review Working Group, and Risk Focused Surveillance Working Group.
Radel is a 1985 graduate of the Ohio State University where he majored in finance. He is a member of the Society of Financial Examiners. Radel has earned professional designations of Certified Financial Examiner (CFE) and Professional in Insurance Regulation (PIR).