An erection anchor is provided having a head and first and second legs affixed to opposite sides of the head, whereby the first and second legs each have a threaded lower section extending downward, away from the head. The erection anchor may be embedded in a precast concrete panel, such as a multilayer panel having an insulation core layer sandwiched between concrete layers. The erection anchor may be embedded in the multilayer panel with the head exposed and the first and second legs each embedded in a concrete layer on opposite sides of the insulation layer.