Legal & General America
Troy Thompson, FSA, joined Legal & General America as vice president, product management. In his new role, Thompson has responsibility for product development and in-force product management.
Thompson’s career is remarkably correlated to LGA’s business needs today. Thompson was most recently vice president of USAA, in San Antonio, TX, where he was first the strategic leader of life and investment company operations and then a leader in an enterprise transformation initiative. This initiative aided the shift from a product-line-centric organizational underpinning to a shared distribution multi-product solutions orientation.
At Genworth Financial, Thompson served as senior vice president of fixed life products, universal life products and term life products. He also led the development of team and UL portfolio efforts, resulting in more than $200 million in annual sales, $300 million in after-tax income, and annual growth rates as high as 70 percent. In doing so, Thompson also artfully managed capital with structures that funded noneconomic AG38 and XXX reserves, including the industry’s first securitization.
Thompson is an actuary’s actuary, but also a trusted collaborator. He has a long and demonstrated history of working closely with distribution and marketing. Thompson said, “This is the business I’m passionate about and I’m thrilled to be part of the LGA team.”
A mathematics graduate with honors from the University of Texas, Thompson is a Fellow in the Society of Actuaries.
