Jackson® Announces Expansion Of IT Operations In Middle Tennessee Region

Jackson National Life Insurance Company ® (Jackson) today announced the expansion of its regional headquarters in Franklin, Tenn., incorporating a new Information Technology (IT) center and the addition of 20 new Systems and Programming (S&P) staff.

The expanded IT operations will support Jackson’s growth and technology initiatives, such as automated business processes across the company’s various departments. Jackson will be recruiting for qualified IT professionals to enhance the nationwide technology operations of the organization; the new IT center currently has 20 open positions available in S&P to address needs in Internet development and document systems programming activities. In addition, Jackson will focus on finding local talent with experience in Java programming, as well as candidates with network administrator and other infrastructure-related experience.

“Technology plays a key role in Jackson’s success, given our sophisticated financial products and demand for award-winning customer service,” said Mark Clark, senior vice president and CIO of Jackson. “The expansion will allow us to recruit from the Middle Tennessee area and the southeast region to find the skilled professionals necessary to build and maintain the complex technologies that provide Jackson with a competitive advantage. Our senior management team recognizes the importance of fostering technical innovation to continue to serve the needs of our customers and distribution partners in a proactive and efficient fashion.”

Headquartered in Lansing, Mich., Jackson opened its Franklin regional headquarters in the spring of 2010. The expansion will bring the total number of employees in the Franklin office to nearly 300. Concurrently, Jackson’s S&P department has experienced unprecedented growth in the past few years, growing to nearly 400 associates and 90 contractor positions.

“I am thrilled Jackson has selected their Williamson County regional headquarters location for the new Information Technology center,” said Williamson County Mayor Rogers Anderson. “In addition to providing great jobs for our citizens, Jackson has provided generous support to not-for-profits in the county and in the Nashville region through charitable contributions and volunteer hours. Jackson’s decision to expand their operations here reinforces our understanding that great schools, great amenities and superior talent are the primary attractors for corporate locations and expansions.”

The Williamson County headquarters was chosen for expansion in part because of its proximity to several top-tier universities and large metropolitan areas for IT staff recruitment. Jackson is already working with multiple local area academic institutions to promote the value of a career in IT and Jackson’s professional opportunities.

Jackson’s Franklin office currently has space available for several hundred additional associates. Operations and Sales staff in Franklin will benefit from having S&P associates on site to improve technology processes in their respective departments.

“President and CEO Mike Wells and his team at Jackson have proven to be an excellent addition to the corporate community in Middle Tennessee, and I thank the company for its further investment in Williamson County,” said Commissioner Bill Hagerty of the Tennessee Department of Economic and Community Development. “The decision to establish a new IT center and hire additional staff speaks very highly of the available, high-quality workforce and favorable business climate that Tennessee offers.”

Jackson has more than $120 billion in assets and more than 4,000 employees nationwide. The company is one of North America’s leading variable and fixed annuity writers. Jackson has been ranked one of West Michigan’s 101 Best and Brightest Companies to Work For , won multiple SQM Awards for World Class Customer Service since 2004, won Insurance & Technology magazine’s Elite 8 award, and was one of the top-five finalists in A.M. Best’s E-Fusion competition for Curian’s Simplified Proposal Process.

About Jackson National Life Insurance Company

With $120 billion in assets (IFRS)*, Jackson National Life Insurance Company (Jackson) is a leading provider of retirement solutions. The company sells variable, fixed and fixed index annuities, life insurance and institutional products. Through its affiliates and subsidiaries, Jackson also provides asset management and retail brokerage services. Jackson markets its products in 49 states and the District of Columbia through independent and regional broker-dealers, wirehouses, financial institutions and independent insurance agents. Jackson’s subsidiary, Jackson National Life Insurance Company of New York®, similarly markets products in the state of New York. For more information, visit www.jackson.com .

*Jackson has $120 billion in total IFRS assets and $109 billion in IFRS policy liabilities primarily set aside to pay future policyowner benefits (as of 12/31/11).

Annuities and life insurance products are issued by Jackson National Life Insurance Company (Home Office: Lansing, Michigan) and Jackson National Life Insurance Company of New York (Home Office: Purchase, New York). Variable products are distributed by Jackson National Life Distributors LLC. May not be available in all states and state variations may apply. These contracts have limitations and restrictions, including possible withdrawal charges, recapture charges and excess interest adjustments. Contact your representative or the Company for more information.

Jackson National Life Insurance Company is an indirect subsidiary of Prudential plc, a company incorporated and with its principal place of business in the United Kingdom. Prudential plc and its affiliated companies constitute one of the world's leading financial service groups. It provides insurance and financial services directly and through its subsidiaries and affiliates throughout the world. It has been in existence for over 160 years and had $545 billion in assets under management as of December 31, 2011. 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.

Copyright Business Wire 2010

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