LANSING, Mich.--(BUSINESS WIRE)--Jackson National Life Insurance Company® (Jackson®) today announced Liz Werner has been named Senior Vice President, Investor Relations, Jackson. Werner joins the company with broad investor communications experience across the financial services industry, including banking, insurance and advisory services. She assumed her new role on August 10 and will be based in Jackson’s Lansing, Mich. office reporting to Axel André, Executive Vice President and Chief Financial Officer of Jackson. As a member of the company’s Senior Leadership Team, Werner will lead an established investor relations and ratings agency team.
Most recently, Werner served as Head of Investor Relations for American International Group, Inc. (AIG). In her nearly nine years at AIG, Werner facilitated investor communications for multiple public offerings associated with the U.S Treasury’s exit of their 92% equity ownership following the financial crisis. She also managed communications with investors and analysts through significant corporate transformation.
Prior to AIG, Werner worked in the multinational investment bank division of Bank of America Merrill Lynch, where she was Director of financial services sector sales working closely with equity sales and trading. Her previous experience also includes employment at National Financial Partners Corporation, Sandler O’Neil + Partners and Goldman Sachs, including nearly a decade as an equity sell side analyst covering the insurance industry. Werner holds a bachelor’s degree in mechanical engineering from the University of Delaware and an M.B.A. from the University of North Carolina at Chapel Hill.
“I am delighted to welcome Liz to Jackson,” said André. “Her comprehensive knowledge across the financial services sector and in-depth experience navigating investor communications will be invaluable to us as an organization going forward.”
Jackson recently released its half-year 2020 financial results, announcing Prudential plc’s intention to fully separate Jackson through a minority IPO followed by full divestment over time.
“This is an exciting time for Jackson, and I look forward to joining their talented leadership team,” Werner said. “Jackson has been a consistent industry leader for many years, and I am eager to contribute to their efforts to educate analysts and investors about the company’s financial position, product offerings and disciplined approach to business.”
Jackson is a leading provider of retirement products for industry professionals and their clients. The company and its affiliates offer variable, fixed and fixed index annuities designed for tax-efficient growth and distribution of retirement income for retail customers, as well as products for institutional investors. Jackson is a proud founding member and co-chair of the Alliance for Lifetime Income, a nonprofit 501(c)(6) organization formed and supported by 24 of the nation’s financial services organizations to create awareness and educate Americans about the importance of protected lifetime income. With $294.6 billion in IFRS assets*, the company prides itself on sound corporate risk management practices and strategic technology initiatives. Focused on thought leadership and education, Jackson provides industry insights and financial representative training on retirement planning and alternative investment strategies. The company is also dedicated to corporate philanthropy and supports nonprofits focused on strengthening families and creating economic opportunities in the communities where its employees live and work. For more information, visit www.jackson.com.
*Jackson has $294.6 billion in total IFRS assets and $265.4 billion in IFRS policy liabilities set aside to pay primarily future policyowner benefits (as of June 30, 2020).
Jackson is an indirect subsidiary of Prudential plc, an Asia-led portfolio of businesses focused on structural growth markets. The business helps individuals to de-risk their lives and deal with their biggest financial concerns through life and health insurance, and retirement and asset management solutions. Prudential plc has 20 million customers (as of June 30, 2020) and is listed on stock exchanges in London, Hong Kong, Singapore and New York. Prudential plc is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America, nor with the Prudential Assurance Company, a subsidiary of M&G plc, a company incorporated in the United Kingdom.
This press release may contain certain statements that constitute “forward-looking statements.” Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements which are other than statements of historical facts. However, as with any projection or forecast, forward-looking statements are inherently susceptible to a number of risks and uncertainties and actual results and events could differ materially from those currently being anticipated as reflected in such forward-looking statements. There can be no assurance that management’s expectations, beliefs or projections will result or be achieved or accomplished. Any forward-looking statements reflect Jackson’s views and assumptions as of the date of this press release and Jackson disclaims any obligation to update forward-looking information.