BNET Industries
Last Fiscal Year Sales:$3.5B
- Private
- US
Dow Jones Description
Founded in 1961, Jackson National Life Insurance Company ("JacksonSM") has evolved from a single-channel insurance company offering few products to a $80-billion1 firm offering multiple products through multiple distribution channels throughout the United States. Positioned to win, Jackson has the products, distribution relationships, technological expertise, and flexibility to profitably meet customer needs. Jackson's objective is to continue building a profitable and sustainable position in the U.S. market. Media Relations View U.S. Profiles on each of Jackson's business units and read Executive Profiles on the experienced management team that executes Jackson's strategy. Learn about the company's rapid developments through a continually updated collection of current and past News Releases and obtain company contact information on the Media Contact page. Investor Relations Review how the company performed last year in Jackson's Annual Report and view Jackson's financial strength ratings and asset rankings on the Ratings & Rankings page. Track the company's performance as delivered to the public via Financial Results and get connected to Jackson's Corporate Communications department through the Analyst Contact page. Annual Report Learn more about Jackson?s strong performance last year in its 2006 Annual Report, which highlights the company?s record sales and solid financial position. Gain a thorough understanding of the key competitive advantages that are driving Jackson ...
President and Chief Executive Officer
Clark ManningNumber of Employees 3,500
Peer Companies
NAICS Code Direct Life Insurance Carriers: 524113
Recent Events
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CSC Licenses Business Analytics to Jackson New Software Tool for Insurance Industry Enables Analysis of...
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Jackson Reports Record Retail Sales for Second Consecutive Quarter
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JacksonR Reports Record Retail Sales; Rise in Net Income
News & Analysis
Filter by
investment and jackson national life insurance co. - All News and Analysis
Jackson Reports Total Sales and Deposits of $11.2 Billion
Diversified Product Portfolio Lifts Nine-Month Total 2% Higher than Same Period in 2007 LANSING, Mich. -- Jackson National Life Insurance Company([R]) (JacksonSM) generated $11.2 billion in total sales and deposits1 during the first three quarters of 2008, representing a 2-percent increase over the same period in 2007 and the...
Jackson First-Half Revenue Tops $2 Billion; Retail Sales Climb 22%
Company Achieves First $1-Billion Retail Sales Month in May LANSING, Mich. -- Jackson National Life Insurance Company([R]) Jackson recorded $2.1 billion in GAAP revenue in the first half of 2007, up 3 percent from the same period a year ago primarily due to an increase in fee income. Record...
Jackson Closes in on Record Retail Sales
Company Variable Annuity Sales up Nearly 50% LANSING, Mich. -- Jackson National Life Insurance Company([R]) Jackson recorded retail sales of nearly $6.9 billion in its core life insurance and annuity product lines during the first nine months of 2006, up 25 percent from the same period a year ago....
Prudential-Jackson Nat'l connection prospering. (Prudential Corporation PLC's acquisition of Jackson National Life Insurance Co.)
Prudential-Jackson Nat'l Connection Prospering Five years ago London-based Prudential Corp. PLC broke takeover records when it paid $608 million for Jackson National Life Insurance Co. The 1986 buyout of Jackson National marked the biggest British invasion of the United States since...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Clark Manning | President and Chief Executive Officer |
| Andrew B. Hopping | Cfo |
| Clifford Jack | Chief Distribution Officer |
| Everett W. Kunzelman | Chief, Underwriting |
| George Napoles | Chief Information Officer |
| Julia Goatley | Vice President & Chief Risk Officer |
| Lisa C. Drake | Chief Actuary |
| Michael Wells | Chief Operating Officer |
| Brion Johnson | Executive Vice President |
| Greg Cicotte | Executive Vice President |
| Gregory B. Salsbury | Executive Vice President |
| Dan Maurer | Senior Vice President, Marketing |
| Dan Starishevsky | Senior Vice President of Marketing |
| David Sprague | Senior Vice President of Marketing Strategy for Jackson National Life Distributors |
| Greg Smith | Senior Vice President Business Planning |
| Jim Binder | Treasurer & Senior Vice President |
| P. Chad Myers | Senior Vice President Asset, Liability Management |
| Paul Fitzgerald | Senior Vice President of National Accounts |
| Steve Hrapkiewicz | Senior Vice President Human Resources |
| Steve Kluever | Senior Vice President of Product and Investment Management |
| Thomas J. Meyer | General Counsel & Senior Vice President |
| C. Richard Copley | Vice President, Corp Communications |
| Doug Mantelli | Vice President |
| Jacky Morin | Vice President Institutional Products |
| John H. Brown | Vice President Government Relations |
| Ken Naes | Vice President, Mutual Fund Products |
| Kristen West-Billows | Vice President, Sales |
| Lora Hanson | Vice President, Broker Management |
| Ray Trueblood | Vice President, Life Marketing Strategy |
| Tim Padot | Vice President, Public Relations |
| Wyvetter Holcomb | Vice President, Service Ctr Operations |
| J George Napoles | Administration Executive |
| James R Sopha |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| David L. Porteous | Board of Directors |
Clark Manning has been an executive director of Prudential since January 2002. He is also President and Chief Executive Officer of Jackson National Life. He was previously Chief Operating Officer, Senior Vice President and Chief Actuary of Jackson National Life, which he joined in 1995. Prior to that, he was Senior Vice President and Chief Actuary for SunAmerica Inc, and prior to that Consulting Actuary at Milliman & Robertson Inc. Clark has more than 25 years' experience in the life insurance industry, and holds both a bachelor's degree in actuarial science and an MBA from the University of Texas. He also holds professional designations of Fellow of the Society of Actuaries (FSA) and Member of the American Academy of Actuaries (MAAA).
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | President and Chief Executive Officer | Current |
| Prudential plc | President & Chief Executive Officer, Jackson National Life Insurance | Current |
| Prudential plc | Board of Directors | Current |
| American Academy of Actuaries | Member | Current |
| Jackson National Life Insurance Company | Chief Actuary | Former |
| SunAmerica Inc. | Chief Actuary | Former |
| SunAmerica Inc. | Senior Vice President | Former |
| Jackson National Life Insurance Company | Senior Vice President | Former |
| Pru-One Inc. | executive director | Former |
| The University of Texas | MBA | Former |
| The University of Texas | Bachelor of Business Administration In Actuarial Scienc | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Cfo | Current |
| Jackson National Life Insurance Company | Executive Vice President | Current |
| Ele's Place | Board of Directors | Current |
| Jackson National Life Insurance Company | Treasurer | Current |
| Michigan State University | President | Former |
| Michigan State University | Alumni Board Member | Former |
| University of California, Los Angeles | MBA | Former |
| Michigan State University | Bachelor of Arts In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Chief Distribution Officer | Current |
| Jackson National Life Insurance Company | President | Former |
| Jackson National Life Insurance Company | Executive Vice President | Former |
| SunAmerica Inc. | Senior Vice President of Marketing | Former |
| San Francisco State University | BA | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Chief, Underwriting | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Chief Information Officer | Current |
| Cooperative Technologies, Inc. | CEO | Former |
| Cooperative Technologies, Inc. | President | Former |
| Jackson National Life Insurance Company | Executive Vice President | Former |
| Georgia State University | Bba | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Vice President & Chief Risk Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Chief Actuary | Current |
| American Academy of Actuaries | Member | Current |
| Jackson National Life Insurance Company | Senior Vice President | Former |
| St. Olaf College | Bachelor's of Science In Mathematics and Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Chief Operating Officer | Current |
| Jackson National Life Insurance Company | Co-Chairman, Vice Chairman | Current |
| Jackson National Life Insurance Company | President | Former |
| San Diego State University | BS | Former |
| Organization | Position | Status |
|---|---|---|
| PPM America Inc. | Executive Vice President Public Fixed Income | Current |
| Jackson National Life Insurance Company | Executive Vice President | Current |
| PPM America Inc. | Head of Portfolio Management | Former |
| Duchossois Industries, Inc. | Senior Business Analyst | Former |
| Jackson National Life Insurance Company | Treasurer | Former |
| University of Chicago | MBA In Finance, Accounting and Statistics | Former |
| University of Michigan | Bachelor of Arts In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Executive Vice President | Current |
| Jackson National Life Insurance Company | National Sales Manager | Current |
| Eastern Michigan University | Bachelor of Science In English Language and Literature | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Executive Vice President | Current |
| Jackson National Life Insurance Company | Consultant | Former |
| University of Southern California | Instructor | Former |
| University of Southern California | Ph.D. In Organizational Communication | Former |
| University of Illinois | Master's In Communications | Former |
| University of Southern California | Master's In Communication Technologies | Former |
| Southern Illinois University | Bachelor's Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Curian Capital LLC | Senior Vice President, Marketing | Current |
| Jackson National Life Insurance Company | Senior Vice President, Marketing | Current |
| Financial Network Investment Corporation | Director of Compliance Advisory Services | Former |
| State University of New York at Albany | Bachelor of Science In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Senior Vice President of Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Senior Vice President of Marketing Strategy for Jackson National Life Distributors | Current |
| Organization | Position | Status |
|---|---|---|
| Curian Capital LLC | Senior Vice President Business Planning | Current |
| Jackson National Life Insurance Company | Senior Vice President Business Planning | Current |
| Michigan State University | Bachelor of Science In Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Treasurer & Senior Vice President | Current |
| Jackson National Life Insurance Company | Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Senior Vice President Asset, Liability Management | Current |
| SunAmerica Inc. | Director of Asset, Liability Management | Former |
| Claremont McKenna College | Bachelor of Science In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Senior Vice President of National Accounts | Current |
| Jackson National Life Insurance Company | Assistant Vice President, Natl Accts | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Senior Vice President Human Resources | Current |
| Blue Cross & Blue Shield of Michigan | Regional Human Resources Manager | Former |
| Vanderbilt University | Master of Arts In Human Resources Development | Former |
| University of Michigan | Bachelor of Arts In Liberal Arts | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Senior Vice President of Product and Investment Management | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | General Counsel & Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Vice President, Corp Communications | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Vice President Institutional Products | Current |
| CFA Institute | Member | Current |
| New York Society of Security Analysts | Member | Current |
| American Academy of Actuaries | Member | Current |
| Prudential Insurance Company of America | Vice President | Former |
| Transamerica Corporation | Assistant Actuary | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Vice President Government Relations | Current |
| Amway Corporation | Director Worldwide Government Affairs | Former |
| Hope College | Bachelor of Arts In Political Science and Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Vice President, Mutual Fund Products | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Vice President, Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Vice President, Broker Management | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Vice President, Life Marketing Strategy | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Vice President, Public Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Vice President, Service Ctr Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Administration Executive | Current |
| Georgia State University | Bba | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson National Life Insurance Company | Current |
DAVID L. PORTEOUS was raised in Reed City and has practiced law in West Michigan since 1978. His primary areas of practice include Banking, Corporate and Municipal Law, as well as Government Relations. He currently serves as the lead director of the Board of Directors of Huntington Bancshares Inc of Columbus, Ohio. He is a past director of the Federal Home Loan Bank of Indianapolis and Chemical Bank Central. Dave is a recognized authority on economic development and has served on the Board of Directors of the Michigan Economic Development Corporation (MEDC), the Michigan Economic Growth Authority (MEGA), the Michigan Strategic Fund, the Michigan Chamber of Commerce, the State Correction Commission, and the Alliance for Health in Grand Rapids, Michigan. Dave is currently a member of the Board of Directors of the Jackson National Life Insurance Company of New York, and the Michigan 4-H Foundation. He is a Special Assistant Attorney General for the State of Michigan, and was appointed to the Attorney Grievance Commission by the Michigan Supreme Court in 2007. Dave graduated from Michigan State University cum laude in 1974. In 1998, he was elected to the Board of Trustees of Michigan State University for eight years, serving as board chairman from 2003 to 2006. He is currently a member of the Board of Trustees of the Michigan State College of Law. He received his J.D. with distinction from Thomas M. Cooley Law School, and has also studied at Yale University, Oxford University, England, and the University of Hawaii. Married with three children, Dave is involved in community activities including Rotary International, the Osceola County Community Foundation and the United Methodist Church.
| Organization | Position | Status |
|---|---|---|
| McCurdy & Wotila | Attorney | Current |
| Jackson National Life Insurance Company | Board of Directors | Current |
| Huntington Bancshares, Inc. | Board of Directors | Current |
| Michigan State University | Board of Directors | Current |
| Michigan Economic Development Corporation | Board of Directors | Former |
| Alliance for Health | Board of Directors | Former |
| Federal Home Loan Bank | Director | Former |
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