Full-Time
Posted on 8/22/2025
MLM-based distributor of insurance and investments
$160k - $180k/yr
Duluth, GA, USA
In Person
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Primerica provides financial services through a network of independent representatives who sell term life insurance, mutual funds, annuities, and other financial products to mainly middle-income households in North America. The product system works by representatives earning commissions on their own sales and a percentage of the sales made by people they recruit into their downline, creating a multi-level marketing structure that spreads the company’s sales force with relatively low overhead. The company differentiates itself by leveraging a large, commission-based, recruitment-driven network to reach a broad customer base, rather than relying on traditional salaried agents or large physical branches. Primerica's goal is to offer affordable financial solutions and protection to middle-income families while growing its distribution network to scale its sales force and revenue.
Company Size
10,001+
Company Stage
IPO
Headquarters
Duluth, Minnesota
Founded
1977
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
401(k) Retirement Plan
401(k) Company Match
Professional Development Budget
Tuition Reimbursement
Morgan Stanley analyst Bob Huang has lowered the price target on Primerica to $285 from $292, whilst maintaining an Equal Weight rating. The adjustment reflects updated price targets across Morgan Stanley's Insurance – Life/Annuity North America coverage, with concerns about potential valuation pressure facing the broader industry. In February, Primerica reported fourth-quarter earnings per share of $6.13, beating consensus estimates of $5.68, with revenue of $853.7 million versus expectations of $839.65 million. Chief Executive Officer Glenn Williams highlighted the complementary balance of the company's business model, with its Term Life segment providing stability whilst Investment and Savings Products increasingly drive growth. Primerica provides financial products and services to middle-income households in the United States and Canada.
Primerica has reported record full-year 2025 results with adjusted operating revenues of $3.3 billion, up 8%, and net operating income of $751 million, up 10%. The financial services company's return on adjusted equity increased 200 basis points to 33.1%. Term life insurance sales faced headwinds from cost-of-living pressures, with new policies issued declining 10% year-over-year. However, investment and savings product sales reached record levels of $14.9 billion, up 24% annually. Client asset values grew 15% to $129 billion. The company returned approximately 79% of net operating income to shareholders through share repurchases and dividends. For 2026, Primerica expects conservative term life policy growth of 2% to 3% and investment product sales growth of 5% to 7%, citing easing cost pressures and favourable demographic trends.
TD Cowen has raised its price target for Primerica to $326 from $322 while maintaining a Buy rating, as part of its fourth-quarter life insurance sector preview. Primerica reported mixed results in the third quarter, with adjusted net operating income rising 7% to $206 million and diluted adjusted operating EPS increasing 11% to $6.33. The Investment and Savings Product segment drove growth, achieving record sales of $3.7 billion, up 28% year-over-year, whilst client asset values reached $127 billion. However, the Term Life segment struggled, with new policies issued declining 15% due to cost-of-living pressures and economic uncertainty affecting client decisions. The company provides financial products and services to middle-income households in the US and Canada.
Primerica (PRI) has declined 1.7% over the past day and 4.2% over the past week, drawing renewed investor attention. The company reported annual revenue of $3.34 billion and net income of $719.46 million. The stock has posted a one-year total shareholder return of negative 10.85%, whilst five-year returns stand at 96.24%, suggesting recent momentum has cooled despite longer-term gains. Analysts peg fair value at $297.83 per share, compared with the recent close of $254.74. Strong demographic drivers, particularly Baby Boomers and Gen X approaching retirement, are fuelling demand for retirement planning products and annuities, supporting double-digit sales growth in Primerica's ISP segment. However, elevated lapse rates from cost-of-living pressures and representative productivity challenges could threaten the upside narrative.
Amundi invests $7.87 million in Primerica, Inc. (NYSE:PRI).