Company Overview

LGRA Mission

Legal & General Retirement America is the US institutional retirement division of Legal & General Group. Our purpose is to secure the retirement of the people we serve and positively impact our communities.

About Legal & General Retirement America
Legal & General Retirement America, or LGRA, is the Pension Risk Transfer (PRT) division of Legal & General America. Founded in 2015 and headquartered in Stamford, Connecticut, we have successfully brought Legal & General's global asset management strength, longevity expertise and track record of effective execution to the US.

We are proud to be a part of our parent company, Legal & General Group Plc. Established in 1836 and is one of the world’s leading financial services companies. They've been in the PRT market for over 35 years and have written over 3,500 transactions globally, amassing a global annuity portfolio of $117 billion and servicing over one million annuitants annually.


What is Pension Risk Transfer

Pension Risk Transfer is a transaction that allows a defined benefit plan sponsor to mitigate risk and improve benefit security for plan members by transferring all or a portion of the plan to an insurance company. PRT is especially beneficial in helping plan sponsors manage market volatility and changing economic conditions. We offer customized solutions to meet the needs of our pension clients. Our capabilities include:

  • Pension buyouts and buy-ins.
  • Retiree and deferred participants, including full plan terminations and complex plan provisions.
  • General account and separate account offerings.

Careers at Legal & General Retirement America

Work should be inclusive, rewarding, and fun.

We're growing, join our team
At Legal & General Retirement America (LGRA), we provide custom pension risk transfer solutions to our clients and world class customer service to our annuitants. By joining LGRA, you'll be part of a team that that’s built on trust, inclusiveness, collaboration, creativity, and shared success in our work.

Our commitment to a diverse workplace
Diversity, equity, and inclusion have always been a part of who we are at Legal & General Retirement America — and we’re always striving to do better. We focus on creating an environment where everyone can be their best selves. At LGRA, all are encouraged to apply regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status.

Corporate Social Responsibility

We take pride in our commitment to give back to the communities we work and live in. Each year, we host an annual charitable giving drive in collaboration with our term life insurance division at Legal & General America. We also offer generous company matching and donation requests to charities our employees are most passionate about, two paid volunteer days for our employees each year, and quarterly charity activities.

Company Summary
Banner Life Insurance Company
Number of Employees
(203) 653-8922
750 Washington Blvd
Suite 900
Stamford, CT