Contract
Compliance Analyst
Posted on 11/22/2025
Primerica
10,001+ employees
MLM-based distributor of insurance and investments
No salary listed
Mississauga, ON, Canada
In Person
 Finance & Banking (1) |
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- Post-secondary education or equivalent of knowledge and skills acquired through related work experience
- Law Clerk Certification and/or proficient knowledge of financial services
- Combination of Project Management Professional certification and/or 1-3 years successfully managing multifaceted projects
- Experience with anti-money laundering/anti-terrorist financing legislation, regulation and guidance would be considered an asset
- Experience with insurance, mutual fund and privacy legislation and regulation would be considered an asset
- Superior verbal and written communication skills
- Strong attention to detail
- Excellent organizational and time management skills with the ability to multi-task, continuously prioritize workflow and meet deadlines in a high volume, fast-paced environment
- Strong cooperative and professional attitude
- A high-energy self-starter that shows initiative
- Able to thrive in a team environment
- Must be proficient in MS Office (Excel, Word, PowerPoint)
- Bilingualism would be considered an asset
- Assist with the management and ongoing enhancement of the Company’s Regulatory Compliance Program, including areas related to privacy and anti-money laundering (AML)
- Proactively lead compliance projects from inception to successful completion, including meeting timelines, fulfilling deliverables and creating and providing training
- Support the Privacy Office and AML area with both routine tasks and special projects
- Research and analyze applicable legislation, regulations, and guidance relating to the sale of mutual fund and insurance products
- Contribute to the preparation of formal and informal reports and other communications to the business areas, Senior Management and the Board of Directors on a regular and ad hoc basis
- Organize, maintain documentation and assist with regulatory examinations, internal audits, and other ad hoc reviews
- Such other tasks and duties as may be assigned from time to time
- Experience with anti-money laundering/anti-terrorist financing legislation, regulation and guidance would be considered an asset
- Experience with insurance, mutual fund and privacy legislation and regulation would be considered an asset
- Bilingualism would be considered an asset
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
Simplify's Take
What believers are saying
- Baby Boomers and Gen X retirement demand drives ISP segment double-digit growth trajectory.
- 2026 guidance projects 5-7% investment product sales growth amid easing cost pressures.
- TD Cowen raised price target to $326, citing positive life insurance sector outlook.
What critics are saying
- Term life insurance sales declined 10% in 2025, core revenue stream under pressure.
- Osaic lawsuit alleges systematic advisor poaching with $50M damages sought in November 2025.
- FTC regulatory crackdown on MLM structures forces restructuring and exposes company to fines.
What makes Primerica unique
- 140,000+ licensed representatives provide scalable distribution network for term life and investments.
- Investment and Savings Products segment achieved record $14.9B sales, up 24% in 2025.
- 33.1% return on adjusted equity with 79% net income returned to shareholders.
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Benefits
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
Company News
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).