Newsflash: This does not bode well for the 1035 activity, fellas/ladies.
{February 28th, 2023} by Sheryl J. Moore
Recently I’ve been hearing A LOT of chatter from insurance agents that are replacing a certain indexed annuity, with a surrender charge that extends beyond 15 years. Turns out, the insurance company underwriting this particular annuity has recently slashed their inforce renewal rates/caps/pars. Dramatically. This has put many an insurance agent in the position to […]
Amid Plethora of Indexes, Annuity Buyers Return to the Familiar
{February 22nd, 2023} by Cyril Tuohy
In the third quarter of 2022, for every $100,000 sunk into a fixed-indexed annuity, $44,000, or 44%, went to the S&P 500 Index, according to Wink’s Sales & Market Report. That was up from 32.8% in the third quarter of the previous year. Hybrid indexes, which include volatility-controlled indexes, scooped up 41.4% of premiums, down from 60.1% […]
Wink hosting Virtual Career Fair for February’s Insurance Careers Month
{February 22nd, 2023} by Wink's Intel Pros
Wink will be supporting the annual Insurance Careers Month during the month of February with a virtual career fair for the life insurance and annuity industry. In the month of February, insurance job openings will be featured in our weekly newsletter and posted on our website, reaching thousands of members! Please send your applicable job […]
You can’t publish a headline like “10 Best Annuity Companies In the US” and NOT get my attention.
{February 22nd, 2023} by Sheryl J. Moore
I was all over this one on Yahoo Finance! After all, you can’t publish a headline like “10 Best Annuity Companies In the US” and NOT get my attention. Now, before we you go on to the list of top annuity companies, you have to know the following: 1. The author of this article, Insider Monkey is “a […]
Special Projects Sales Director
{February 22nd, 2023} by Legacy Marketing Group
Legacy Standard Job Description 2023 Job Title – Special Projects Sales Director Reports to – National Sales Leader Salary Range – $95K to $110K base plus project-based incentive compensation Position Summary – Through direct and field based activities, the Special Projects Sales Director will develop and cultivate Legacy’s annual sales plan for special projects by […]
Sr Actuarial Model Developer
{February 22nd, 2023} by Pacific Life
locations Newport Beach CA-700 Remote time type Full time posted on Posted 9 Days Ago job requisition id R10277 Job Description: Pacific Life is investing in bright, agile and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience. We’re actively seeking a talented modeler […]
Individual Annuity Key Account Manager – NMO
{February 22nd, 2023} by The Standard
At The Standard, you’ll join a team focused on putting our customers first. Our continued success is driven by a high-performance culture. We’re looking for people who are collaborative, accountable, creative, agile and are driven by a passion for doing what’s right – across the company and in our local communities. We offer a caring […]
Assistant Vice President – Actuary
{February 22nd, 2023} by Symetra
Job Description Symetra has an exciting opportunity to join our team as an Assistant Vice President, Actuary About the role: Manages a major section or function within a division. This could include pricing/product development, financial reporting, and/or modeling. Distinguished from the Associate Actuary position via additional breadth in management responsibilities or overall scope of responsibilities. Supervises […]
Regional Account Manager
{February 22nd, 2023} by Symetra
Job Description Symetra is seeking a top-notch Regional Account Manager to join our Sales team in the Northeast US Region! About the role The Regional Account Manager will supplement the external sales efforts of the Regional Sales Executive in the Life and Disability product lines. This role’s primary responsibility is direct interaction, servicing major accounts or […]
Sr. Business Intelligence Analyst, Commercial Analytics & Underwriting Innovation, Remote
{February 22nd, 2023} by Thrivent
Description In this role, you will be responsible for collaborating with data scientists, medical professionals, underwriters, product developers and other actuaries to obtain, develop and analyze data, prove/disprove hypotheses, create reports/dashboards, and develop insights in the risk selection and product profitability spaces. You will consult with divisional leaders and other customers to develop business requirements […]
Life Business Product Owner
{February 22nd, 2023} by Farm Bureau Financial Services
Full-time · Director About the job Life Business Product Owner Who We Are: With Farm Bureau Financial Services, our client/members can feel confident knowing their family, home, cars and other property are protected. We value a culture where integrity, teamwork, passion, service, leadership and accountability are at the heart of every decision we make and […]
Strategic Planning and marketing Operations
{February 22nd, 2023} by Global Atlantic
About the job All offices are currently open, and our employees are back 4 or 5 days a week in Hudson Yards, NY and 3 days a week in all other offices. If you have questions on this policy or the application process, please contact recruiting@gafg.com . Global Atlantic Financial Group is a leader in […]
Head of Marketing
{February 22nd, 2023} by National Life Group
Job Category: Marketing Requisition Number: 09MAM001824 Posting Details Posted: February 15, 2023 Full-Time Salary Range: $189,000 USD to $351,000 USD Locations Showing 1 location Vermont Campus One National Life Dr Montpelier, VT 05604, USA +1 more Job Details Description The ideal candidate will be located in commutable distance to our Montpelier, Vermont or Addison, Texas campus with the travel flexibility to […]
Assistant Actuary
{February 22nd, 2023} by National Life Group
Job Category: Actuary Requisition Number: ASSIS002222 Posting Details Posted: February 17, 2023 Full-Time Salary Range: $81,000 USD to $150,000 USD Locations Showing 1 location Vermont Campus One National Life Dr Montpelier, VT 05604, USA L&A Solutions Annuity Product Assistant Actuary Summary This individual will support and may lead initiatives related to design and pricing of indexed and fixed […]
AIG to Create Independent Agency to Serve Wealthiest Clients
{February 22nd, 2023} by Jeff Berman
American International Group said Monday it entered into a binding memorandum of understanding with Stone Point Capital, a private equity firm specializing in investing in businesses within the global financial services sector, to create an independent managing general agency to serve high-net-worth and ultra-high-net-worth markets. AIG’s Private Client Group will shift to the new independent […]
Homesteaders Life Company Enters Strategic Relationship to Distribute Life Insurance Product Through The Beneficiary Liquidity Plan®
{February 22nd, 2023} by Homesteaders
West Des Moines, Iowa — Homesteaders Life Company (“Homesteaders”), a leader in pre-planning life insurance and end-of-life planning, is partnering with Phil Graham, Creator and CEO of the Beneficiary Liquidity Plan (“BLP”) to offer GenBridge, a new life insurance product designed to provide immediate liquidity of funds upon death and flexibility in financing final expenses. “Homesteaders […]
DOL Fiduciary Rollover Guidance Struck Down by Florida Court
{February 22nd, 2023} by Melanie Waddell
A federal court in Tampa, Florida, on Monday struck down the Labor Department’s guidance that declared rollover advice fiduciary advice. The Florida court ruled that Labor’s interpretation of the five-part test setting out who qualifies as a fiduciary under the Employee Retirement Income Security Act was “arbitrary and capricious.” Click HERE to read the full […]
Competitive Intelligence Analyst
{February 22nd, 2023} by Protective Life Corporation
About the job Protective Life is looking for a Competitive Intelligence Analyst who will manage Data and Quantitative Analysis within the Competitive Intelligence team. This will be a 3/2 hybrid role with our team based in Birmingham, AL or Cincinnati, OH corporate office. Responsibilities Data management and quantitative analysis within the Competitive Intelligence team Automation & process […]
This is not the kind of list that you want to land on.
{February 22nd, 2023} by Sheryl J. Moore
This is not the kind of list that you want to land on. However, Brian O’Connell with TheStreet suggests that VA fees are one of the “worst” fees that consumers pay. Click to read Brian’s Money Experts Say These Are the Worst Consumer Fees. Interesting to see VAs lumped into a list with bank overdraft fees and ATM fees, […]
You’re Probably Wrong About How You’ll Pay for Retirement
{February 22nd, 2023} by Mary Ellen Cagnassola
Think your investments will carry you through retirement? New research says that’s not the reality for the majority of workers in their pre-retirement years. In a recent survey of Americans aged 40 to 85 with at least $100,000 in household investable assets, research trade association LIMRA found that fewer and fewer respondents are confident about […]
Internal Wholesaler
{February 22nd, 2023} by Sheryl J. Moore
A note from Wink’s CEO: I have a friend that is looking for an internal wholesaler to support him. The ideal candidate would be in the EST zone (but could make CST work). Looking for a go-getter that knows product, is great at relationships, and is skilled at putting out fires. I know this external […]
AM Best Affirms Credit Ratings of Equitable Holdings, Inc. and Its Life Subsidiaries
{February 22nd, 2023} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of Equitable Financial Life Insurance Company of America (EFLICOA) (Phoenix, AZ) and Equitable Financial Life Insurance Company (EFLIC) (New York, NY). EFLICOA and EFLIC collectively are referred to as Equitable Life […]
American Equity Ramps Private Asset Allocation to 22% and Achieves Close to $10 billion in Fee-Generating Reinsurance Balances in Fourth Quarter 2022
{February 22nd, 2023} by American Equity Investment Life Holding Company
WEST DES MOINES, Iowa–(BUSINESS WIRE)–American Equity Investment Life Holding Company (NYSE: AEL), a leading issuer of fixed index annuities (FIAs) today reported its fourth quarter 2022 results. Results in the quarter reflected a lower-than-expected return on mark-to-market assets and higher fee revenues on reinsured account values. American Equity’s President and CEO, Anant Bhalla stated: “The […]
Corebridge Financial Announces Fourth Quarter and Full Year 2022 Results
{February 22nd, 2023} by Corebridge Financial, Inc
HOUSTON–(BUSINESS WIRE)–Corebridge Financial, Inc. (“Corebridge” or the “Company”) (NYSE: CRBG) today reported financial results for the fourth quarter and full year ended December 31, 2022. Kevin Hogan, President and Chief Executive Officer of Corebridge, said, “2022 was a year of significant milestones for our company. We rebranded as Corebridge Financial early in the year as […]
AM Best Assigns Credit Ratings to The Ohio State Life Insurance Company
{February 22nd, 2023} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has assigned a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of “bbb-” (Good) to The Ohio State Life Insurance Company (OSL) (Dallas, TX). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect OSL’s balance sheet strength, which AM Best assesses as adequate, as […]
PGA TOUR and Pacific Life Announce Five-year Partnership
{February 22nd, 2023} by Pacific Life
Global Insurance Provider Becomes Official Life Insurance Sponsor of PGA TOUR and PGA TOUR Champions February 21, 2023 01:00 PM Eastern Standard Time PONTE VEDRA BEACH, Fla. & NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Pacific Life, a leading global life insurance and retirement solutions company, today announced a new five-year partnership with the PGA TOUR as part of […]
AIG Reports Fourth Quarter and Full Year 2022 Results
{February 22nd, 2023} by AIG
NEW YORK–(BUSINESS WIRE)–American International Group, Inc. (NYSE: AIG) today reported financial results for the fourth quarter and full year ended December 31, 2022. AIG Chairman & Chief Executive Officer Peter Zaffino said: “2022 was an extraordinary year of progress for AIG. We continued to improve the profitability of our General Insurance business, closing the year […]
Prosperity Withdraws Proposal to Acquire American Equity
{February 22nd, 2023} by Prosperity Group Holdings LP
NEW YORK–(BUSINESS WIRE)–Today, Prosperity Group Holdings LP (“Prosperity”) issued the following statement, regarding its proposal to acquire the common shares of American Equity Investment Life Holding Company (“American Equity”) (NYSE: AEL): “Prosperity is withdrawing its proposal to acquire American Equity for $45.00 per share. Given American Equity’s refusal to engage and our desire to proceed […]
Symetra Named One of America’s Best Midsize Employers 2023 by Forbes
{February 22nd, 2023} by Symetra
BELLEVUE, Wash.–(BUSINESS WIRE)–Symetra has been recognized by Forbes as a top national employer. The Bellevue, Wash.-based life insurer was named to the Forbes 2023 America’s Best Midsize Employers list, coming in at No. 58 among the top 500 midsize employers nationwide. Based entirely on employee satisfaction and willingness to recommend their employer to others, the designation […]
Simplicity and The Leaders Group Unite to Bring an Unrivaled Service Offering to the Independent Financial Product Distribution Channel
{February 22nd, 2023} by Simplicity Group
SUMMIT, N.J., Feb. 15, 2023 /PRNewswire/ — Simplicity Group Holdings, Inc. (“Simplicity”) today announced that it has entered into a definitive agreement to acquire The Leaders Group, Inc. (“The Leaders Group”), a national, independent broker-dealer (IBD) located in Littleton, CO. Founded by Dave Wickersham in 1994, The Leaders Group is a leading broker-dealer for brokerage general agencies and independent financial advisors. […]
WeBuy75.com Launches Advanced Life Expectancy Calculator for Life Insurance Industry
{February 22nd, 2023} by WeBuy75
ATLANTA, Feb. 14, 2023 /PRNewswire/ — WeBuy75.com, a life settlement consulting firm, recently launched a new version of its life expectancy calculator, explicitly tailored to the life insurance industry. The new calculator uses proprietary algorithms and mortality tables that reflect the death rates of U.S. residents with life insurance policies. It provides valuable data for a wide variety of […]
OneAmerica Survey, Whitepaper Offer Insights on Female Financial Advisors
{February 22nd, 2023} by OneAmerica
INDIANAPOLIS, Feb. 16, 2023 /PRNewswire/ — OneAmerica® today unveiled findings from a recent survey of over 200 female financial advisors. The results, detailed in a corresponding whitepaper, offer eye-opening insights on what motivates women to join and stay in the financial advisor profession, the unique challenges they face, and the common factors that fuel their success. The survey was […]
Simplicity Welcomes Lauren Wright and Justin Wright to the Partnership with the Acquisition of Financial Professionals Group
{February 22nd, 2023} by Simplicity Group
SUMMIT, N.J., Feb. 14, 2023 /PRNewswire/ — Simplicity Group (“Simplicity”) today announced the acquisition of Financial Professionals Group (FPG), an insurance marketing organization based in Foothill Ranch, CA specializing in helping advisors secure legacy, longevity, long-term care and income protection solutions for their clients. With the successful closing of this transaction, Simplicity welcomes Lauren Wright and Justin Wright as partners, both of whom will […]
Federal judge tosses out portion of DOL rollover advice guidance
{February 22nd, 2023} by John Hilton
Financial advisors providing first-time advice in a plan rollover setting will not be considered fiduciaries – at least for the time being. A federal district court judge in Florida sided with an industry trade group Monday in striking down a portion of guidance the Department of Labor issued in 2021 that expanded the definition of […]
Strict new privacy proposal would limit how insurers could use data
{February 22nd, 2023} by John Hilton
[This story has been updated with clarifications provided by the NAIC] A state insurance regulator group is proposing a sweeping overall revision of privacy rules that would significantly restrict what insurers could do with the private information of consumers. Public comment is being accepted on the Consumer Privacy Protection Model Law through April 3. It […]
Corebridge execs upbeat despite reporting $566M Q4 loss
{February 22nd, 2023} by Doug Bailey
Despite a brutal fourth quarter that resulted in a $566 million net loss, Corebridge Financial Inc. executives said Friday they were upbeat about the newly branded company’s prospects for the year. Corebridge, one of the nation’s biggest retirement products and insurance providers, blamed the quarterly loss on derivative losses and “foreign exchange movements,” but still […]
American Equity annuity sales high, as are surrenders, in a dicey 4Q
{February 22nd, 2023} by John Hilton
In an environment where annuities are smashing sales records, American Equity focused on repricing discipline, executives said, which held sales down during the fourth quarter. A leading seller of fixed indexed annuities, American Equity reported fourth-quarter sales of $900 million, of which 87%, or $783 million, were in fixed index annuities. FIA sales were down […]
Analysts: DOL rollover ruling ‘a big deal,’ but don’t get carried away
{February 22nd, 2023} by John Hilton
Monday’s federal court ruling tossing out a portion of the Department of Labor’s advice rule governing rollovers is “a big deal,” a leading analyst said Thursday. But it is also just one step in a very long process, added Bradford P. Campbell, partner at Faegre Drinker Biddle & Reath. “I think the answer is not, […]
3 Ways to Capitalize on Annuities’ Surging Popularity: Cerulli
{February 22nd, 2023} by Dinah Wisenberg Brin
With annuity sales surging amid higher interest rates, the industry should consider various steps to further expand the market, including developing new product concepts such as long-term care hybrids and pushing for more annuities in employer retirement plans, a new report from Cerulli Associates suggests. If fixed annuity rates remain high enough, advisors and clients […]
Washington State’s LTC Mandate Temporarily Reshaped Life Sales: MIB
{February 22nd, 2023} by Allison Bell
Washington state’s effort to set up a public long-term care insurance program has shown U.S. life insurers just how enormous the long-term care planning market could be. Washington state let consumers use private long-term care insurance policies and life insurance policies that offer LTC benefits to escape from a new public LTCI program payroll tax. […]
Policy Appraisal Firm Adds Life Expectancy Calculator
{February 22nd, 2023} by Allison Bell
Alife insurance policy appraiser is courting your clients with a new tool: a web-based calculator that predicts a user’s life expectancy based on the firm’s own life expectancy data and methods. The firm, WeBuy75.com, bases the life expectancy forecasts on factors such as exercise, use of medical care and social interactions as well as factors […]
Prosperity Drops Effort to Acquire Annuity Issuer
{February 22nd, 2023} by Allison Bell
An insurer backed by Elliott Investment Management has dropped efforts to acquire a well-known annuity issuer. The company, Prosperity Group Holdings, says it has withdrawn a $45-per-share offer for American Equity Investment Life Holding Company because of American Equity’s lack of interest. Click HERE to read the full story via ThinkAdvisor Wink’s Note: […]
Life and Annuity Claims Manager
{February 22nd, 2023} by EquiTrust
Job Category: Policy Administration Requisition Number: LIFEA001709 Apply now Posting Details Posted: January 19, 2023 Full-Time Locations Showing 1 location West Des Moines 7100 West West Des Moines, IA 50266, USA Job Details Description The Life and Annuity Claims Manager is responsible for management, leadership and oversight of the Life and Annuity Claims Department overseeing death and […]
New Business Specialist
{February 22nd, 2023} by Group1001
Description Position at Clear Spring Life and Annuity Company Group1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and […]
National Life Group promotes two leaders in Independent Distribution, celebrating its 25th year
{February 21st, 2023} by National Life Group
Montpelier, VT – (February 1, 2023) National Life Group Chairman, CEO and President Mehran Assadi announced that co-leaders of Independent Distribution – Matt Frazee and Louis Puglisi – have been promoted to Field Executive Vice Presidents. This is the 25th anniversary of Independent Distribution at National Life and the company’s 175th year in business. Over the past 25 […]
NCOIL HIGHLIGHTS FEBRUARY AS INSURANCE CAREERS MONTH
{February 13th, 2023} by NCOIL
Belmar, NJ – The National Council of Insurance Legislators (NCOIL) joins the Insurance Careers Movement (ICM) in highlighting February as the seventh annual Insurance Careers Month. The ICM is a global network of more than 1,000 insurance carriers, agents, trade associations, and industry partners working to engage the next generation for careers in insurance. […]
Many who ‘want’ to retire later in life actually need to, study says
{February 13th, 2023} by Nathan Place
In recent years, Americans have been retiring later and later in life. But are they working longer because they want to, or because they need to? According to new research, the difference is not so clear-cut. That’s the upshot of a new study by Voya Cares, a research division of the investment firm Voya Financial, and Easterseals, a nonprofit […]
Prudential rides out Assurance IQ struggles with 4th quarter loss
{February 13th, 2023} by John Hilton
Prudential Financial executives stressed strong financials even as the insurer announced a $558 million loss for the fourth quarter 2022. The results, announced yesterday, reflect poor performance across most of the segments, lower premiums and net investment income, offset by lower expenses. After-tax adjusted operating income was $907 million in the quarter, compared to $1.23 […]
Lincoln ‘selling on our terms’ as it rebounds from lost quarter
{February 13th, 2023} by John Hilton
Lincoln Financial took a few small steps in its turnaround during the fourth quarter, eking out $6 million in net income. But after taking a $2.6 billion loss in the third quarter, largely due to a $2.2 billion charge against its life insurance reserves, Lincoln execs were upbeat during a Thursday call with Wall Street […]
What Life Insurers Are Saying About Death Now
{February 13th, 2023} by Allison Bell
The number of U.S. deaths was lower in the fourth quarter of 2022 than in the fourth quarter of 2021, when the COVID-19 omicron variant surge was rolling in, according to executives from Equitable, Lincoln Financial, Global Life and other life insurers. But total excess mortality from all causes is still noticeably higher than it […]
Consideration of annuity laddering
{February 13th, 2023} by Sheryl J. Moore
Get outta my head, Matthew DiGangi, MBA, CLTC! For those who are concerned about future interest rates, I also suggest the consideration of annuity laddering. Today, you can buy annuities with rates guaranteed for 1-, 2-, 3-, 4-, and 5-years+. Why not split the money-up, amongst several rate guarantee periods, to ensure that you don’t lose […]
Adding Annuities still a concern for plan sponsors
{February 13th, 2023} by Ary Rosenbaum - The Rosenbaum Law Firm P.C.
There has been a push to add annuities to retirement plans, but I don’t see it gaining ground. According to Alight, plan sponsors are hesitant to add it, which was part of the 2019 SECURE Act. Alight’s data showed that among plan sponsors, 47% cite fiduciary concerns as a major reason for not adding annuities. […]
Variable Annuities Look Pretty Good at Tax Time
{February 13th, 2023} by Scott Stolz
Tax season is here, and so are the difficult 1099 talks with clients. Having to explain to a client that they have to pay capital gains taxes despite staring at negative 20% returns is never a fun conversation. “Let me see if I have this straight: My investment in XYZ fund has gone from $1 […]
For More Certainty in Your Retirement Portfolio, Consider Annuities
{February 13th, 2023} by Tara Siegel Bernard
In a kinder universe, retirees wouldn’t need to worry about market volatility or outliving their money. But 2022 was a nail-biter: Bonds plunged alongside stocks, and many people in or nearing retirement wanted investments that would guarantee a smoother ride. Many of them turned to annuities, whose sales surged 22 percent to an estimated $310 billion in […]
U.S. Life Application Activity Heats Up
{February 13th, 2023} by Allison Bell
U.S. individual life insurance application activity looked healthier in January, according to new MIB Group survey data. The insurance data-sharing consortium saw the number of applications flowing through its application-checking systems increase 8.6% from the number recorded in January 2022. In 2022, the MIB life application activity indicator fell 5.5%, partly because consumer fear of the […]
Nassau Financial Adds a Bonus Annuity
{February 13th, 2023} by Allison Bell
A life insurer is using quick bursts of cash to get retirement savers’ attention. Nassau Life and Annuity Company, a subsidiary of Nassau Financial Group, introduced the Nassau Bonus Annuity — a single-premium, non-variable indexed annuity — Thursday. A client can tie part of the crediting rate to the performance of one or more options […]
What Life Insurers Are Saying About Death Now
{February 13th, 2023} by Allison Bell
The number of U.S. deaths was lower in the fourth quarter of 2022 than in the fourth quarter of 2021, when the COVID-19 omicron variant surge was rolling in, according to executives from Equitable, Lincoln Financial, Global Life and other life insurers. But total excess mortality from all causes is still noticeably higher than it […]
Lincoln Financial to Tilt Away From Some Term Life Products
{February 13th, 2023} by Allison Bell
Lincoln Financial plans to reduce sales of some types of term life insurance to stem the amount of capital flowing into a relatively small part of its business. Ellen Cooper, the company’s CEO, said Thursday that it will still write some term life products, with high levels of death benefits and high profit margins, but […]
Annuitization is so undervalued!
{February 13th, 2023} by Sheryl J. Moore
I always love a good read from my dear friend Steve Parrish, JD,RICP,CLU,ChFC,AEP with the Retirement Income Center at The American College of Financial Services. This time, it was with Forbes. Click HERE to read Reasons You Should Retain Your Deferred Annuity When You Retire In this piece, he suggests numerous options for dealing with a deferred annuity, once […]
CNO Financial Group Reports Fourth Quarter and Full Year 2022 Results
{February 13th, 2023} by CNO Financial Group, Inc.
CARMEL, Ind., Feb. 7, 2023 /PRNewswire/ — CNO Financial Group, Inc. (NYSE: CNO) today announced that for the quarter ended December 31, 2022, net income was $43.4 million, or $0.37 per diluted share, compared to $115.8 million, or $0.93 per diluted share, in 4Q21. Net operating income (1) in 4Q22 was $65.8 million, or $0.56 per diluted share, compared to $108.5 million, or $0.87 per diluted share, in 4Q21. Net income for the […]
F&G Annuities & Life Announces Fourth Quarter and Full Year 2022 Earnings Release and Conference Call
{February 13th, 2023} by FGL Holdings
DES MOINES, Iowa, Feb. 8, 2023 /PRNewswire/ — F&G Annuities & Life, Inc. (NYSE: FG) (“F&G”), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, will release fourth quarter and full year 2022 earnings after the close of regular market trading on Wednesday, February 22, 2023. A webcast and conference call to discuss the […]
Fidelity National Financial Announces Fourth Quarter and Full Year 2022 Earnings Release and Conference Call
{February 13th, 2023} by Fidelity National Financial, Inc.
JACKSONVILLE, Fla., Feb. 8, 2023 /PRNewswire/ — Fidelity National Financial, Inc. (NYSE: FNF) (“FNF”), a leading provider of title insurance and transaction services to the real estate and mortgage industries, and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients through its majority owned subsidiary F&G Annuities & Life, Inc. (NYSE: FG), will […]
Northwestern Mutual Accelerates ESG Momentum in 2022 Sustainability Report
{February 13th, 2023} by Northwestern Mutual
MILWAUKEE, Feb. 8, 2023 /PRNewswire/ — Northwestern Mutual, a leading financial services company, today announced the release of its 2022 Sustainability Report. The report, entitled Building a Better Tomorrow, Today, holistically defines Northwestern Mutual’s environmental, social, and governance (ESG) strategy and reflects on the company’s progress in five key focus areas: its clients, social impact, corporate governance, responsible investing and […]
Brighthouse Financial Announces Fourth Quarter and Full Year 2022 Results
{February 13th, 2023} by Brighthouse Financial, Inc
February 09, 2023 04:15 PM Eastern Standard Time CHARLOTTE, N.C.–(BUSINESS WIRE)–Brighthouse Financial, Inc. (“Brighthouse Financial” or the “company”) (Nasdaq: BHF) announced today its financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter and Full Year 2022 Results The company reported a net loss available to shareholders of $967 million […]
Lincoln Financial Group Reports Fourth Quarter and Full Year 2022 Results
{February 13th, 2023} by Lincoln Financial Group
RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial Group (NYSE: LNC) today reported net income for the fourth quarter of 2022 of $6 million, or $0.01 per diluted share available to common stockholders, compared to net income in the fourth quarter of 2021 of $220 million, or $1.20 per diluted share available to common stockholders. Fourth quarter adjusted income […]
Prudential Financial, Inc. Announces 2022 Results
{February 13th, 2023} by Prudential Financial, Inc.
Fourth quarter 2022 net loss attributable to Prudential Financial, Inc. of $558 million or $1.53 per Common share versus net income of $1.208 billion or $3.13 per share for the year-ago quarter. Fourth quarter 2022 after-tax adjusted operating income of $907 million or $2.42 per Common share versus $1.227 billion or $3.18 per share for the […]
Horace Mann reports full-year and fourth-quarter 2022 results consistent with pre-announcement
{February 13th, 2023} by Horace Mann Educators Corporation
Net loss of $2.6 million, or $0.06 per share, for the full year and net loss of $18.5 million, $0.45 per share, for the fourth quarter impacted by realized investment losses Core earnings* of $45.7 million, or $1.09 per share, for the full year with core loss* of $4.7 million, or $0.11 per share, for […]
Nassau Financial Group Launches Nassau Bonus Annuity℠
{February 13th, 2023} by Nassau Financial
HARTFORD, Conn.–(BUSINESS WIRE)–Nassau Financial Group (“Nassau”) today introduced a new bonus fixed indexed annuity (“FIA”) to its product portfolio, Nassau Bonus AnnuitySM. Issued by Nassau Life and Annuity Company, this latest offering is a single premium accumulation-focused fixed indexed annuity with a premium bonus and guaranteed lifetime withdrawal benefit options. “The launch of Nassau Bonus […]
Apollo touts new products, distribution with No. 1 Athene this year
{February 13th, 2023} by Steven A. Morelli
Apollo Global Management had a booming fourth quarter thanks to Athene, putting the company solidly at the top of the fixed annuity business and the CEO put the industry on notice that Athene intends to stay there. Apollo has been solidifying its position as a private credit behemoth partly with the help of capital generated […]
I expect that the demand for fixed annuities will continue.
{February 13th, 2023} by Sheryl J. Moore
I always love it when Steve Morelli from InsuranceNewsNet gives me the rundown on insurance companies’ earnings calls: Click HERE to view Brighthouse sees record annuity year, while life insurance lags In this piece, we get some intel on Brighthouse Financial. The company CEO, Eric T. Steigerwalt, goes on the record as saying, “The company [Brighthouse] does not expect […]
Actuary, Retail Pricing & Design – Annuities
{February 13th, 2023} by F&G
Job Summary F&G is hiring for an Actuary, Retail Pricing & Design – Annuities. This position is responsible for the development, design, pricing and risk analysis of F&G’s Annuity products in accordance with established pricing guidelines and profitability targets for Annuity products to achieve F&G’s product strategy. This position reports directly to the AVP, Retail […]
Sr. Illustration Product Analyst
{February 13th, 2023} by F&G
Job Summary The Sr. Product Analyst will primarily be responsible for creating and updating the illustration software requirements. The Sr. Product Analyst will be responsible for collaborating across departments to develop a best of class illustration experience from a web based system interface to end user output. This position is responsible for maintaining a thorough […]
Manager, Life Operations
{February 13th, 2023} by F&G
F&G is hiring for a Manager, Life Operations. Job Summary This position leads the new business and policyholder services team(s) for the assigned product line (life or annuity), which serves as the point of contact for our agents, agencies and IMOs and Bank/BD Channel as applicable. This position functions as a proactive liaison between the top producing […]
External Wholesaler (Illinois & Wisconsin), Eagle Life
{February 13th, 2023} by Eagle Life Insurance Company
Job Details Description Eagle Life Insurance Company®, a wholly owned subsidiary of American Equity Investment Life Insurance Company®, is an annuity provider that specializes in the design of safe, innovative retirement solutions and servicing financial institutions while applying a business approach that sets us apart. In an industry built on trust and relationships, we believe […]
Regional Vice President (AL, AR, LA, MS, OK, TX), AEL
{February 13th, 2023} by American Equity Investment Life Insurance Company
Job Details Description At American Equity Investment Life Holding Company, we think of ourselves as The Financial Dignity Company. Our policyholders work with independent agents, banks and broker-dealers through our wholly-owned operating subsidiaries, to choose one of our leading annuity products best suited for their personal needs to create financial dignity in retirement. We remain steadfast in […]
Regional Vice President (GA and FL), AEL
{February 13th, 2023} by American Equity Investment Life Insurance Company
Job Details Description At American Equity Investment Life Holding Company, we think of ourselves as The Financial Dignity Company. Our policyholders work with independent agents, banks and broker-dealers through our wholly-owned operating subsidiaries, to choose one of our leading annuity products best suited for their personal needs to create financial dignity in retirement. We remain steadfast in […]
Product Illustrations System Senior Analyst | Hybrid
{February 13th, 2023} by Allianz
At Allianz Life, we are driven by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new […]
Insurance Consultant | Remote
{February 13th, 2023} by Allianz
At Allianz Life, we are driven by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new […]
Associate Actuary – Life and Annuity Valuation
{February 13th, 2023} by National Life Group
Job Details Description Associate Actuary – Life or Annuity Valuation JOB SUMMARY: The Actuary will be responsible for calculating, analyzing, reporting, and explaining reserves and other actuarial financial statement items for the Indexed Universal Life or Fixed Indexed Annuity business. The individual will monitor policyholder behavior and profitability of the business and will also provide […]
Product Dev and Mgmt – Actuarial Analyst
{February 13th, 2023} by Global Atlantic
at Global Atlantic Financial Group Hartford, Connecticut, United States All offices are currently open, and our employees are back 4 or 5 days a week in Hudson Yards, NY and 3 days a week in all other offices. If you have questions on this policy or the application process, please contact recruiting@gafg.com. COMPANY OVERVIEW Global […]
External Wholesaler – Annuity (North TX and OK Wires – Fully Remote in Territory)
{February 13th, 2023} by Brighthouse Financial, Inc
Req Id: 4480 Where you’ll work: This is a fully remote position in the assigned territory of North Texas and Oklahoma. How you’ll contribute: As an External Wholesaler you’ll be responsible for providing investment professionals the ability to help their clients achieve financial freedom with certainty and confidence, while promoting the Brighthouse Financial brand […]
Strategic Partnership Manager
{February 13th, 2023} by Ethos
at Ethos Life Remote US Only About Ethos Ethos was built to make it faster and easier to get life insurance for the next million families. Our approach blends industry expertise, technology, and the human touch to find you the right policy to protect your loved ones. Using predictive analytics, we are able to transform […]
Registered Indexed Linked Annuity (RILA) Modeling Associate
{February 13th, 2023} by MassMutual Ascend
Description As a leading provider of annuities, MassMutual Ascend is committed to taking financial futures above and beyond. This means offering innovative products that fit our customers’ unique needs – whether it’s protecting their hard-earned savings, receiving guaranteed income or providing for loved ones. MassMutual Ascend is proud to offer customers a level of strength […]
Life Pricing Actuary
{February 13th, 2023} by MassMutual
Springfield, MA Actuarial R13256 The Opportunity The Life Pricing Team is seeking a highly engaged individual to join a dynamic team environment. This individual will be organized, detail-oriented and excited to take accountability and ownership for their work. In this role on the Life Insurance Pricing and Profitability team you will be responsible for partnering […]
New Business Specialist
{February 13th, 2023} by Clear Spring Life and Annuity Company
Clear Spring Life and Annuity Company – Zionsville, IN Apply Now Job Details Estimated: $49,000 – $64,000 a year11 days ago Qualifications Fraud Contracts Associate’s degree Full Job Description Clear Spring Life and Annuity Company, a Group 1001 company, provides financial services through networks of partner Independent Marketing Organizations. From innovative products to […]
VP and Life & Annuity Actuary
{February 13th, 2023} by American National Insurance Company
Galveston, TX, US, 77550 American National is an established, stable, and successful multi-line insurance corporation that has provided financial strength and a sense of security to employees, customers and business partners since 1905. We’ve been recognized by Forbes as one of America’s most trustworthy financial companies and best mid-sized employers. With focus on our […]
Internal Wholesaler – Woodland Hills
{February 13th, 2023} by Corebridge Financial, Inc
Who we are American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and […]
AVP, Agency Services
{February 13th, 2023} by F&G
F&G is hiring for an AVP, Agency Services position. Job Summary The AVP, Agency services is responsible for providing leadership and strategic guidance to F&G’s Agency Services department. Responsibilities include developing and implementing a strategy that aligns with overall company goals. This position will lead and oversee all aspects of F&G’s commissions, contracting & licensing including manual and automated […]
Manager – Life & Annuity – Operations
{February 13th, 2023} by National Life Group
Job Details Description Team Manager: Operations Position is located on our Montpelier, Vermont or Addison, Texas- Relocation available Summary The Team Manager provides leadership to a team of Case Managers, Replacement Technicians and Policy Support personnel; in addition the Team Manager will also play the role of Key Account Manager for the team’s distribution partners. […]
Self-Directed IRAs Carry Risks, Regulators Warn
{February 12th, 2023} by Karen Demasters
Investors and their advisors should be wary of self-directed IRAs, which are riskier than conventional IRAs, according to three regulatory and consumer protection agencies that issued an investor alert yesterday. Self-directed IRAs often include investments that carry added risk not found in more mainstream investments, the alert said. They are often less transparent and less […]
PRESS RELEASE: Financial Independence Group Appoints Brett Hynes As New President of Sales
{February 12th, 2023} by FIG Marketing
CORNELIUS, NC – January 31, 2022 – Financial Independence Group, LLC (FIG), a leading financial services conglomerate working with independent financial advisors specializing in annuities, life insurance and long-term care products, has named Brett Hynes as president of sales. Hynes’s executive leadership will create a high-performing team to empower FIG-partnered financial professionals to grow business, serve […]
Sales Development Advisor
{February 12th, 2023} by Peak Pro Financial
Do you have an entrepreneurial passion? Are you sales driven, career-orientated and relationship-focused? If you check these boxes, then we would love to speak with you. Peak Pro Financial is looking for experienced financial professionals (at least five years of sales experience from the financial industry is preferred) who desire growth and have a drive […]
Business Developer
{February 12th, 2023} by InsurMark
Job Title: Business Developer Department: Sales Reports to: Executive VP, General Manager Job Summary: InsurMark has been in business for 40 years and is an industry leading financial services distribution company and a proud member of The Simplicity Group of Companies. Our organization is dedicated to providing dynamic solutions that will protect and […]
Advisor Development Consultant
{February 12th, 2023} by InsurMark
InsurMark Houston, TX Hybrid Full-time 11-50 employees Meet the hiring team Leighann Gee Vice President, Office Services at InsurMark About the job The Advisor Development Consultant (ADC) is responsible for providing marketing, financial planning solutions, fixed annuity knowledge, and extraordinary customer service to independent agents/agencies for […]
Director Annuity Product Development & Business Technology (Charlotte, NC (Hybrid) OR Fully Remote)
{February 12th, 2023} by Brighthouse
Req Id: 4430 Where you’ll work: Our hybrid workplace model offers the freedom to work fully remote or occasionally in one of our offices. This is a remote position with a hybrid option for candidates based in Charlotte, NC. How you’ll contribute: The Annuity Product Development & Annuity Business Technology Director will lead a […]
Senior Technical Writer, Group1001
{February 12th, 2023} by Group1001
Marketing Zionsville, Indiana Waltham, Massachusetts Remote in the U.S., Alaska Description Position at Group1001 Group1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk […]
AmeriLife focuses on ‘organic growth’ in next step
{February 6th, 2023} by John Hilton
With a key December hire in a newly created position, AmeriLife took the next step in its plan to grow annuity sales organically. Matthew Coleman brings nearly 30 years of industry experience to AmeriLife, where he is the company’s first vice president of annuity and life product innovation. Click HERE to read the full […]
Regulators Nix This Odd Policy Rider for Straying Over The Line
{February 6th, 2023} by Warren S. Hersch
The rider is automatically issued with the contract, at no extra cost. National Life said in a news release that it became available on all FlexLife indexed life policies beginning Jan. 28, “depending on state approval.” The carrier is the industry’s top seller of indexed life insurance, according to research firm Wink. Click HERE to read […]
Under New Incentive Plan, American Equity CEO Could Reap $72M
{February 6th, 2023} by Cyril Tuohy
“I still remember when the CEO of American Equity barely earned $100,000 annually in salary,” said Sheryl Moore, CEO of Wink, publisher of Wink’s Sales & Market Report, in a LinkedIn post. “My, how things have changed over the past 17 years.” Click HERE to read the full story via Life Annuity Specialist
SECURE 2.0 Can Make Clients’ Retirement Plans Stronger
{February 6th, 2023} by Tyler De Haan
Parents out there may relate to this: I was at my daughter’s softball game last summer. After heavy rainfall, my son decided to jump in every puddle on the way to the field. After I cleaned him up the best I could, I finally sat down, only to look over at him rolling around in […]
Life Happens Brings Back the ‘Insure Your Love’ Campaign
{February 6th, 2023} by Allison Bell
COVID-19 reminded clients that people might die earlier than they expect. Life Happens is trying to take a gentler approach to building life insurance awareness this month, by bringing back its annual Insure Your Love campaign. The nonprofit group developed the campaign series in 2010, to associate buying life insurance with Valentine’s Day, and real […]
Annuities Versus The Four Percent Rule
{February 6th, 2023} by Charlie Gipple
I recently saw somebody write about how we should not compare annuities to the four percent rule. Although I agree that there needs to be additional disclosures and education in the annuity part of the conversation, I disagree with not comparing the two. Re-Anchor Clients in Reality, Not Fairy Dust I believe that consumers tend […]
How An Annuity Can Help Protect You From A Retirement Risk You Might Not Even Know About
{February 6th, 2023} by David Abreu
The sequence of returns is an important concept to understand when it comes to retirement planning. In fact, in certain scenarios, it can mean the difference between a successful retirement and one that’s not so lucky. In my experience as the founder of a firm that provides annuity services, I’ve found that the “sequence of […]
Financial Independence Group Appoints Brett Hynes As New President of Sales
{February 6th, 2023} by Financial Independence Group
Cornelius, NC – January 31, 2023 – Financial Independence Group, LLC (FIG), a leading financial services conglomerate working with independent financial advisors specializing in annuities, life insurance and long-term care products, has named Brett Hynes as president of sales. Hynes’s executive leadership will create a high-performing team to empower FIG-partnered financial professionals to grow business, serve […]
How Annuities Can Help You Befriend The ‘Enemies Of Retirement’
{February 6th, 2023} by Scott Romine
2022 was a “year for the books” in the financial services industry, as market volatility, rising interest rates and inflation impacted all Americans. Serving a company that aims to simplify retirement planning through annuity products and financial know-how, I constantly hear about these challenges and the risks associated with planning for life after work. Click […]
Variable Annuity Replacements In Finra’s Crosshairs
{February 6th, 2023} by Tracey Longo
Variable annuity contract replacements are now obviously on the radar of the Financial Industry Regulatory Authority, as a mid-January report by Finra on its 2022 exam findings shows a significant number of product switches have not been in customers’ best interests. While there can be good reasons for a rep to sell a customer a […]
Some of my comments about fiduciaries’ attitudes toward annuities may have been taken out of context.
{February 6th, 2023} by Sheryl J. Moore
I appreciated last night’s story by Ed Hayes in Financial Advisor Magazine. I think his editor was a little overzealous though? Click HERE to read Are Advisors Warming up to Annuities? Some of my comments about fiduciaries’ attitudes toward annuities may have been taken out of context. “Annuities have been incorrectly associated with high commissions, illiquidity, and significant […]
NAILBA’s/Finseca Insurbrief
{February 6th, 2023} by Sheryl J. Moore
Super awesome to see NAILBA/Finseca using data from “Wink’s Sales & Market Report” to point-out Transamerica‘s top-selling Transamerica Foundation IUL and the company’s #2 position in indexed life sales too! FYI- I am both “industry analysts” and “officials” as it relates to the “IUL Speed Bump” segment in the attached video. I should add that to my resume… […]
National Life Group expands suite of living benefits, adds Alzheimer’s and a fertility journey rider
{February 6th, 2023} by National Life Group
The companies of National Life Group are expanding their suite of living benefits ¹, adding Alzheimer’s Disease and a new fertility journey rider, that began on January 28. These expansions have the potential to support many, as more than 6.5 million Americans are estimated to be living with Alzheimer’s dementia 2, and the average cost of […]
Equitable, Lincoln and Security Benefit Add Products for Stability Seeker
{February 6th, 2023} by Allison Bell
Big life and annuity issuers, and some smaller players, are breaking through the financial services sector’s stunned silence with talk about products that offer strong value guarantees. The COVID-19 pandemic has eased, and the stock market has overcome most of the volatility that hit in the fall. Click HERE to read the full story via […]
AM Best Affirms Credit Ratings of Nassau Financial Group, L.P.’s Insurance Subsidiaries
{February 6th, 2023} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR’s) of “bbb” (Good) of Nassau Life Insurance Company, Nassau Life and Annuity Company and Nassau Life Insurance Company of Kansas (Overland Park, KS). These companies are collectively referred to as the Nassau Insurance Group […]
MassMutual named to 2023 FORTUNE World’s Most Admired Company list
{February 6th, 2023} by MassMutual
SPRINGFIELD, Mass.–(BUSINESS WIRE)–Massachusetts Mutual Life Insurance Company (MassMutual) has been named a World’s Most Admired Company by FORTUNE® Magazine, placing #2 in the life and health insurance industry category and leading among mutual company peers. Notably, MassMutual ranked No. 1 for innovation in its industry category, the fifth time in the past six years the […]
MetLife Among the World’s Most Admired Companies, According to Fortune Magazine
{February 6th, 2023} by MetLife
HONG KONG–(BUSINESS WIRE)–MetLife, Inc. (NYSE: MET) today announced that it once again has been named to Fortune magazine’s 2023 list of the “World’s Most Admired Companies.” Eight life insurers were included in the annual report card of the best-regarded companies. Annually, Fortune partners with Korn Ferry to rank companies by their corporate reputation. Corporate executives, […]
MetLife CFO John McCallion Provides Fourth Quarter and Full Year 2022 Financial Update Video
{February 6th, 2023} by MetLife
NEW YORK–(BUSINESS WIRE)–MetLife, Inc. (NYSE: MET) today announced that Executive Vice President and Chief Financial Officer John McCallion has provided a fourth quarter and full year 2022 financial update video. The video can be viewed on the company’s website at https://www.metlife.com/about-us/newsroom/#video. About MetLife MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of […]
American Equity Declares 1st Quarter 2023 Preferred Stock Dividends
{February 6th, 2023} by American Equity Investment Life Insurance Company
WEST DES MOINES, Iowa–(BUSINESS WIRE)–American Equity Investment Life Holding Company (NYSE: AEL), today announced that in accordance with the terms of its 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (the “Series A Preferred Stock”), which is represented by depositary shares, each representing a 1/1,000th interest in a share of Series A Preferred Stock (the “Series […]
AM Best Affirms Credit Ratings of CNO Financial Group, Inc. and Its Life/Health Subsidiaries
{February 6th, 2023} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the life/health insurance subsidiaries of CNO Financial Group, Inc. (headquartered in Carmel, IN) [NYSE: CNO]. These subsidiaries are referred to collectively as CNO Financial Group (CNO). Concurrently, AM Best has […]
259 Ameriprise Financial Advisors Named to the Forbes Best-in-State Wealth Management Teams List
{February 6th, 2023} by Ameriprise Financial, Inc.
MINNEAPOLIS–(BUSINESS WIRE)–Ameriprise Financial Inc., (NYSE AMP) today announced that 259 of the firm’s financial advisors were named to the Forbes Best-in-State Wealth Management Teams list. Forbes recognizes the industry’s top advisors according to several factors, which include quality of their practices, professionalism and success in the business. The rankings are finalized based on data provided […]
Ameriprise Financial Included in 2023 Bloomberg Gender-Equality Index
{February 6th, 2023} by Ameriprise Financial, Inc.
MINNEAPOLIS–(BUSINESS WIRE)–Ameriprise Financial, Inc. (NYSE: AMP) today announced that it has been included in the Bloomberg Gender-Equality Index (GEI) for the third time. The index recognizes companies for their policies and practices in support of women in the workforce. To become a member of the GEI, Ameriprise performed well across the index’s five pillars: leadership […]
Horace Mann included in 2023 Bloomberg Gender-Equality Index
{February 6th, 2023} by Horace Mann Educators Corporation
Commitment to diversity, equity and inclusion recognized for fifth consecutive year Horace Mann has been named to the 2023 Bloomberg Gender-Equality Index. \\ January 31, 2023 08:00 AM Eastern Standard Time SPRINGFIELD, Ill.–(BUSINESS WIRE)–Horace Mann Educators Corporation (NYSE:HMN) today announced that it is one of 484 companies worldwide named to the 2023 Bloomberg […]
NORTHWESTERN MUTUAL ANNOUNCES $500M INVESTMENT IN DOWNTOWN MILWAUKEE CAMPUS
{February 6th, 2023} by Northwestern Mutual
Investment in North Office Building to bring downtown campus capacity to 9,000 and serve as expanded hub for employees, financial representatives, and business and community partners MILWAUKEE, Feb. 2, 2023 /PRNewswire/ — Northwestern Mutual today announced plans to invest more than $500 million in its North Office Building located at 818 East Mason Street in downtown Milwaukee to expand its world-class […]
GLOBE LIFE INC. REPORTS FOURTH QUARTER 2022 RESULTS
{February 6th, 2023} by Globe Life Inc.
MCKINNEY, Texas, Feb. 1, 2023 /PRNewswire/ — Globe Life Inc. (NYSE: GL) reported today that for the quarter ended December 31, 2022, net income was $2.14 per diluted common share, compared with $1.76 per diluted common share for the year-ago quarter. Net operating income for the quarter was $2.24 per diluted common share, compared with $1.70 per diluted common share for the year-ago quarter. Net income for […]
Cognizant Named a Technology Leader Across Industries in 17 Analyst Reports Throughout Q4 2022
{February 6th, 2023} by Cognizant
Top Analyst Firms Highlight Cognizant’s Growing Partnerships, Technology Capabilities, and Innovative Thinking to Help Clients Quickly Scale and Compete TEANECK, N.J., Feb. 3, 2023 /PRNewswire/ — Cognizant (NASDAQ: CTSH) was recognized for its technology leadership and digital modernization capabilities by independent analyst firms throughout Q4 2022. In 17 reports assessing technology providers in banking, insurance, healthcare, and other industries, Cognizant was […]
F&G Annuities & Life, Inc. Announces Equity Investment in Life IMO SYNCIS
{February 6th, 2023} by F&G Annuities & Life, Inc.
Provides F&G with 49% Ownership Stake of SYNCIS Validates Diversification Strategy to Expand Owned Distribution While Boosting Presence in Underserved Markets DES MOINES, Iowa , Jan. 31, 2023 /PRNewswire/ — F&G Annuities & Life, Inc. (NYSE: FG) (“F&G”), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today announced that a subsidiary of F&G has acquired […]
Study: Does pessimism really suppress annuity sales?
{February 6th, 2023} by Steven A. Morelli
A prospect’s pessimism about their lifespan is usually seen as a high hurdle in an annuity sale, but lowering the dour outlook has less impact than in raising the objective facts about longevity, according to a recent study. Researchers were taking a crack at the “annuity puzzle” that has vexed the insurance industry since […]
Sweet streams of income: ChatGPT, the bard of annuities
{February 6th, 2023} by Steven A. Morelli
Annuities can be life changing and sustaining but let’s face it, they are about as exciting as a mortality table. And why should it be? After all, annuities can be as life-altering to a retiree as a muse is to an artist. Shouldn’t it be the subject of at least one poem or song? OK, […]
American Equity readies 2022 earnings report amid ongoing conflicts
{February 6th, 2023} by John Hilton
American Equity is one of the more anticipated earnings reports this month, with the fixed indexed annuity seller fighting off all comers. For now. The West Des Moines, Iowa, insurer remains an attractive takeover target after fending off a several takeover bids in three years. AEL rejected a recent offer from Prosperity Group to acquire […]
Annuity sales hit record last year, eclipsing sales during 2008 financial crisis amid fear, higher rates
{February 6th, 2023} by Greg Iacurci
Amid stock market gyrations, recession fears and loftier payouts, consumers last year pumped a record sum of money into annuities, a type of insurance that offers a guaranteed income stream. Buyers funneled $310.6 billion into annuities in 2022, according to estimates published by Limra, an insurance industry trade group. Click HERE to read the full […]
From Best’s Review: Annuities Sales Grew Sharply in 2022; Strong Year in 2023 Possible
{February 6th, 2023} by Terrence Dopp
Annuities had a banner year in 2022 as volatility in equities markets prompted investors to seek stable, safer returns. Click HERE to view via AM Best
Life Accumulation Solutions Team Lead
{February 6th, 2023} by Equitable
Equitable Charlotte, NC On-site $106,000/yr – $154,000/yr (from job description) · Full-time · Mid-Senior level 5,001-10,000 employees · Financial Services About the job Description At Equitable, our power is in our people. Our mission is to help our clients secure their financial well-being so they can pursue long and fulfilling lives. As an employer, […]
Director of Training and Development
{February 6th, 2023} by Brokers International
Brokers International Urbandale, IA Hybrid Full-time · Executive 51-200 employees · Insurance About the job We are growing and we have an exciting new opportunity! We are looking for someone who has a passion for building relationships, creating training programs and presenting programs to clients. We are adding a Director of Training and […]
Annuities Inbound Sales Consultant (Remote)
{February 6th, 2023} by Prudential Financial, Inc.
Prudential Financial Polk County, IA Remote $55,700/yr – $82,800/yr (from job description) · Full-time · Mid-Senior level 10,001+ employees · Financial Services About the job Job Classification: Sales – Sales Why Join Prudential? Prudential is a company of smart, ambitious professionals working together across a multitude of disciplines. Together, we are building a better […]
Director Innovation- Hybrid- Des Moines, Iowa
{February 6th, 2023} by American Enterprise Group
American Enterprise Group, Inc. Des Moines, IA On-site Full-time · Director 201-500 employees · Insurance About the job Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions. Manage AE Ventures investment portfolio including adding new investments and setting timelines for funding. The role will include enhancing […]
Annuity IMO Channel Marketing Specialist
{February 6th, 2023} by Kuvare Holdings
Kuvare Holdings Des Moines Metropolitan Area Remote $75,000/yr – $90,000/yr · Full-time · Associate 11-50 employees · Insurance Meet the hiring team Trisha Putman Human Resources at Kuvare Insurance Services About the job The ideal candidate will support sales initiatives by coordinating marketing efforts for our key distribution channels. Collaborate to […]
InsurTech Relationship Manager
{February 6th, 2023} by Global Atlantic Financial Group
Global Atlantic Financial Group Des Moines, IA On-site $72,000/yr – $139,000/yr (from job description) · Full-time · Mid-Senior level 1,001-5,000 employees · Insurance About the job All offices are currently open, and our employees are back 4 or 5 days a week in Hudson Yards, NY and 3 days a week in all other […]
Internal Wholesaler, Broker Dealer Channel
{February 6th, 2023} by Athene
Athene West Des Moines, IA Hybrid Full-time · Entry level 1,001-5,000 employees · Financial Services Meet the hiring team Heather Fitzpatrick Senior Business Development Wholesaler at Athene About the job We are Athene. At Athene, we are driven to do more. We are a leading retirement services company that issues, […]
Regional Director
{February 6th, 2023} by Crump
Crump Life Insurance Services Des Moines, IA On-site Full-time · Director 1,001-5,000 employees · Insurance Regular Or Temporary Regular Language Fluency: English (Required) Work Shift 1st shift (United States of America) Please Review The Following Job Description The Regional Director generates sales revenue to obtain sales quota. Essential Duties And Responsibilities Following is a summary […]
Actuarial Associate 2 – Annuity Product Management
{February 6th, 2023} by Sammons Financial Group
Sammons Financial Group Companies West Fargo, ND Full-time · Mid-Senior level 1,001-5,000 employees · Financial Services About the job What you can expect as the Actuarial Associate 2 – Annuity Product Development: This position may be filled at a higher or lower level** Accurately and efficiently perform the technical actuarial tasks related […]
Director, Product Strategy
{February 6th, 2023} by Prudential
Prudential Wash, 213 Washington St., Newark, NJ • Newark, NJ, USA + 51 more ID: R-112734 Job Description Job Classification: Product Management – Product Management The Individual Life Insurance Product Strategy Team is seeking a Director, Product Strategy to join our team. We are a group of strategic, creative, and diverse individuals, focused on establishing and executing our ILI […]
Annuities External Wholesaler – Upstate New York (Syracuse, Buffalo, Rochester)
{February 6th, 2023} by Prudential
locations Syracuse, NY, USA NY-Virtual Office time type Full time posted on Posted 30+ Days Ago job requisition id R-112395 Job Classification: Sales – Sales Prudential is a company of smart, ambitious professionals working together across a multitude of disciplines. Together, we are building a better financial future for our customers and […]
Product Dev and Mgmt – Actuarial Analyst
{February 6th, 2023} by Global Atlantic
Global Atlantic Financial Group Des Moines, IA On-site $47,628/yr – $90,720/yr (from job description) · Full-time · Mid-Senior level 1,001-5,000 employees · Insurance About the job All offices are currently open, and our employees are back 4 or 5 days a week in Hudson Yards, NY and 3 days a week in all other […]
Director of Training and Development
{February 6th, 2023} by Brokers International
Brokers International Urbandale, IA Hybrid Full-time · Executive 51-200 employees · Insurance About the job We are growing and we have an exciting new opportunity! We are looking for someone who has a passion for building relationships, creating training programs and presenting programs to clients. We are adding a Director of Training […]
Director, Actuary – Product Development
{February 6th, 2023} by Athene
Athene West Des Moines, IA Hybrid Full-time · Director 1,001-5,000 employees · Financial Services About the job We are Athene. At Athene, we are driven to do more. We are a leading retirement services company that issues, reinsures and acquires retirement savings products designed for the increasing number of individuals and institutions seeking […]
National Account Manager, AEL
{February 6th, 2023} by American Equity
American Equity Des Moines Metropolitan Area Remote Full-time · Mid-Senior level 501-1,000 employees · Insurance About the job At American Equity Investment Life Holding Company, we think of ourselves as The Financial Dignity Company. Our policyholders work with independent agents, banks and broker-dealers through our wholly-owned operating subsidiaries, to choose one of our […]
VP, Investments, Retail Business Partner
{February 6th, 2023} by F&G
Full-time · Executive 501-1,000 employees · Insurance VP, Investments, Retail Business Partner F&G United States Remote F&G is hiring for a VP, Investments, Retail Business Partner. This role will play a key role in partnering with & supporting the company’s retail business unit that is responsible for the individual annuities and life business. […]
Senior Compliance Analyst
{February 6th, 2023} by Athene
Full-time · Mid-Senior level 1,001-5,000 employees · Financial Services Meet the hiring team Chad Batterson Vice President, Compliance, at Athene USA About the job We are Athene. At Athene, we are driven to do more. We are a leading retirement services company that issues, […]
External Financial Advisor Recruiter – West Region
{February 6th, 2023} by Lincoln
Date: Feb 2, 2023 Primary Location: San Francisco, CA, US Company: Lincoln Financial Alternate Locations: San Francisco, CA (California); Los Angeles, CA (California); Portland, OR (Oregon); San Diego, CA (California); Seattle, WA (Washington); US West; Work from Home Work Arrangement: Work from Home Relocation assistance:: is not available for this opportunity. Pay Range: $194,000 – $475,000 Bonus […]
AVP, Product Development and Innovation
{February 6th, 2023} by USAA
Full-time 10,001+ employees · Financial Services About the job Purpose of JobExecutive leader in the Life Co. organization providing executive oversight and leadership in the development of new product solutions into a member-led and member-centric design considering the entire value chain. Develops next generation products that leverage new technology […]
Digital/Technical Product Manager I
{February 6th, 2023} by USAA
USAA San Antonio, TX Hybrid $89,200/yr – $160,600/yr (from job description) · Full-time 10,001+ employees · Financial Services About the job Why USAA?We are looking for a Digital/Technical Product Manager, to support any of the following locations; San Antonio, Phoenix, Tampa and/or Colorado. This position will have a Hybrid schedule.Performs the discovery, delivery, and […]
Product Management Director– Life Company (Hybrid)
{February 6th, 2023} by USAA
USAA San Antonio, TX On-site $109,000/yr – $174,000/yr (LinkedIn est.) · Full-time 10,001+ employees · Financial Services Meet the hiring team Marjorie Ma Life insurance Product Management executive About the job Why USAA?Let’s do something that really matters.At USAA, we have an important mission: facilitating the financial security of […]
