Albert J. Dal Porto, a 20-year financial services veteran, is the new senior vice president of retail retirement for Security Benefit, Topeka, Kan. Dal Porto and his team are responsible for building Security Benefit’s retail market platform, which includes existing and new relationships within independent marketing organizations, independent broker and dealers, financial institutions, registered investment advisors and wire house firms.
“We’re delighted that Al has joined the Security Benefit team,” says Doug Wolff, retail retirement president of Security Benefit. “Al brings a unique perspective to our growing business. His business acumen and relationships throughout the industry will serve us well as our business continues to optimize trends and maximize opportunities in the marketplace.”
Security Benefit’s retail retirement business includes Security Benefit Life, providing fixed and variable annuities to retail customers, and Security Financial Resources, a nationwide provider of retirement plan services, primarily in the education marketplace.
Previously, Dal Porto held several leadership positions in product development and distribution for large domestic insurance companies, including Allstate Financial and Prudential Annuities, where he gained experience in the strategic development of products, design and pricing of fixed, variable and equity-indexed annuities. He also served as an actuarial consultant for Ernst & Young and Tillinghast Consultants and worked as an actuarial analyst for CIGNA Insurance.
Dal Porto, a Chicago native, holds a Bachelor’s of Science from the University of Illinois at Urbana-Champaign and is a fellow of the Society of Actuaries and a member of the American Academy of Actuaries. Dal Porto is based out of Chicago.