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Great American Life announces growth in Cincinnati

Preserves more than 600 jobs and its plan to create an additional 150 jobs

Mon Mar 28 2022

Company Name: Great American Life Insurance Company

Location: Cincinnati

Site Region: Southwest

Industry Sector: Financial Services

Company Profile: Great American Life Insurance Company®, a wholly owned subsidiary of MassMutual, offers traditional fixed, fixed-indexed and registered index-linked annuities in the retail, broker-dealer, financial institutions and registered investment advisor markets.

Company Website: GAIGannuities.com.

Project Summary:

Type of Project: Expansion

Jobs:

  • Jobs committed: 150
  • Jobs retained: 633

Capital Investment: $8,000,000

Timetable: Great American Life will add 150 new roles by the end of 2026

Company Need:

Due to the desire to operate independently from the previous owner, the company evaluated a number of different real estate operations in various locations for its current and future operations.

“Great American Life has a strong history in Ohio and the city of Cincinnati,” said Mark Muething, President and Chief Operating Officer of Great American Life. “We appreciate the partnership with the State of Ohio, JobsOhio, the City of Cincinnati and REDI Cincinnati as we continue to grow our business in the Queen City, retaining and adding jobs, contributing to the local economy, and helping more people plan for a secure retirement.”

Why Ohio? After being based in Ohio for nearly 30 years, Great American Life has made the decision to remain and grow in the city of Cincinnati and state of Ohio due in large part to the area’s highly skilled workforce.

Collaborators:

JobsOhio, REDI Cincinnati, the State of Ohio, the City of Cincinnati

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