Voya Financial, Inc. Overview
Pro stress-test →Voya Financial is an American financial, retirement, investment and insurance company based in New York City. The company serves approximately 15.7 million individual, workplace and institutional clients through retirement, employee benefits and investment management services. Voya operates as a Fortune 500 company managing over $1 trillion in assets.
Strategic Profile
Pro stress-test →The company has undergone significant portfolio simplification to focus on the workplace and institutional clients by divesting annuities and individual life insurance businesses. Voya is a leading provider of retirement products and services in the U.S., serving approximately 45,000 U.S. employers and nearly 10 million retirement plan participant accounts. The company combines core strengths in workplace retirement solutions, employee benefits administration, and institutional asset management.
Competitive Landscape
Pro stress-test →Voya operates through three segments: Wealth Solutions, Health Solutions, and Investment Management. The company competes with large financial services firms in retirement administration (Fidelity, Transamerica), benefits management (ADP, Guidepoint), and asset management. Voya's differentiation lies in integrated workplace solutions combining retirement plans, health insurance, and benefits administration at scale.
Industry Context
Voya Financial, Inc. operates in Financial Services - Retirement, Benefits & Investment Management.
Key facts
Founded: 2013 · Headquarters: New York City, US · Employees: 7,200