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Commonwealth Annuity and Life Insurance Company overview

Industry
Insurance
Revenue
Headquarters
Employees
1,442
Founded in
Organization type
Private
Commonwealth Annuity and Life Insurance Company provides reinsurance solutions for insurance companies, and annuity products for individual investors. The company offers commonwealth variable annuity products with variable investment options, lifetime income options, and death benefit plans. It markets and sells its products through agents and brokers. Commonwealth Annuity and Life Insurance Company was formerly known as Allmerica Financial Life Insurance and Annuity Company and changed its name to Commonwealth Annuity and Life Insurance Company in August 2006. The company was founded in 1967 and is based in Southborough, Massachusetts. Commonwealth Annuity and Life Insurance Company operates as a subsidiary of Global Atlantic Financial Group Limited.
A large insurance company with 1,442 employees and an annual revenue of $1.2B, Commonwealth Annuity and Life Insurance Company is headquartered in Massachusetts.

Commonwealth Annuity and Life Insurance Company's mission statement

To addressing our customers financial protection needs through a broad range of products and solutions for both individuals and institutions that are built on our unique heritage and expertise in investment and risk management.

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    Commonwealth Annuity and Life Insurance Company rankings

    Commonwealth Annuity and Life Insurance Company is ranked #21 on the Best Insurance companies to work for in Massachusetts list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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    Commonwealth Annuity and Life Insurance Company salaries

    Average Commonwealth Annuity and Life Insurance Company salary
    $82,571
    yearly
    $39.70 hourly
    Updated March 14, 2024

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    Commonwealth Annuity and Life Insurance Company financial performance

    9.8
    Performance score

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    Commonwealth Annuity and Life Insurance Company FAQs

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    Zippia gives an in-depth look into the details of Commonwealth Annuity and Life Insurance Company, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Commonwealth Annuity and Life Insurance Company. The employee data is based on information from people who have self-reported their past or current employments at Commonwealth Annuity and Life Insurance Company. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Commonwealth Annuity and Life Insurance Company. The data presented on this page does not represent the view of Commonwealth Annuity and Life Insurance Company and its employees or that of Zippia.

    Commonwealth Annuity and Life Insurance Company may also be known as or be related to Commonwealth Annuity & Life Insurance, Commonwealth Annuity & Life Insurance Co. and Commonwealth Annuity and Life Insurance Company.