Jackson National Life Insurance Company recently announced a record IFRS1 net income of $683 million during 2011. This reflects a 34 percent increase from 2010. The Lansing-based company has generated more than a half-billion dollars in IFRS net income in seven out of the past eight years.
“Jackson has had a very consistent approach to its management philosophy,” says Director of Public Relations for Jackson, Andrew Silver. “It’s long-term, smart growth. In times of economic turmoil, that really serves the business really well.”
Silver also attributes Jackson’s continued success to high-quality customer service.
“When you’re operating a financial service business through tumultuous times,” he says, “customer service really plays a big role.”
That philosophy has contributed to growth in more than just dollars for Jackson. The Lansing headquarters of the company added 60 new positions last year. Silver expects that job growth to continue in the upcoming year on an as-needed basis. Lansing is one of 14 Jackson locations throughout the nation.
Jackson’s growth is also good news for the local non-profit community. Jackson announces grant awards for local non-profits four times each year. The most recent announcement was $84,375 given to 20 organizations, including Alzheimer’s Association: Michigan Great Lakes Chapter, Arts Council of Greater Lansing, Inc., Black Child and Family Institute and Capital Area Humane Society.
The submission deadline for the next round of Jackson grants is May 3. Applications may be found at
Jackson.com/ourcommunity.
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