Paul Mozak is Executive Vice President and Chief Financial Officer for Blue Cross Blue Shield of Michigan, a $32 billion diversified health insurance company with subsidiaries in property and casualty insurance, managed Medicaid, and technology services. He has held this position since August 2021. Previously, he served as senior vice president and chief risk officer and has been with BCBSM since 2008. In his tenure at BCBSM, Paul has overseen the growth of the investment portfolio to $12 billion with returns to the company consistently above relative benchmarks, launched Bricktown Capital, a Registered Investment Advisor, Woodward Straights, an industry-leading captive insurance company, created two VEBA’s to fund post retirement medical benefits, and established innovative inter-company money pool liquidity facilities. Paul leads the financial aspects of the company’s mergers and acquisitions, actuary, financial reporting, tax, and enterprise finance.
Before joining Blue Cross in 2008, he served as CFO at H&R Block Financial Advisors Inc., leading the sale of the company to Ameriprise. He also held positions at Arthur Andersen earlier in his career. He received a bachelor’s degree in accounting from Michigan State University and a master’s degree with high honors from the University of Michigan. He is a licensed CPA and has held Series 27, 24, and seven securities licenses and is a member of the Michigan Association of Certified Public Accountants.