DENVER - (Business Wire) Jackson National Life Distributors LLC (JNLD), the distribution arm of Jackson National Life Insurance Company
® (Jackson
SM) (Home Office: Lansing, Mich.), has promoted Marc Socol to West Regional Director for JNLD
’s registered and guaranteed channels. In this role, Mr. Socol is responsible for overseeing a team of 30 external wholesalers in 15 states including California, Arizona, Colorado, and Kansas.
Mr. Socol, 34, began his career at Jackson as an internal wholesaler in 1999 and was promoted to external wholesaler for Jackson’s guaranteed channel in 2000. In 2002, he joined Jackson’s registered channel as an external wholesaler covering Indiana and Kentucky, where he served for more than two years. In his most recent role, Mr. Socol covered the Dallas/Ft. Worth, Texas area as an external wholesaler in JNLD’s registered channel, and was named JNLD’s registered wholesaler of the year for 2004 and 2007.
“Through his commitment to hard work and excellence, and his willingness to share personal best practices with his peers, Marc has continued to help elevate the performance of Jackson’s entire wholesaling team,” said Greg Cicotte, JNLD executive vice president and national sales manager. “By following a consistent, disciplined approach to helping advisers grow their practices and operate more efficiently, Marc has been a torch-bearer for Jackson’s relationship-based distribution model. He will continue to have a tremendous impact on the Jackson organization as regional director.”
Mr. Socol earned a bachelor’s degree in finance from Long Beach State University and holds FINRA Series 6 and 63 registrations, as well as variable annuity and life insurance licenses.
With $12.6 billion1 in retail sales, Jackson’s achieved retail sales growth in 2007 of 24 percent over the prior year. For more information, please visit www.jnl.com.
1Deposits from retail mutual funds and Jackson’s subsidiary Curian Capital have been included in Jackson’s total and retail sales and deposits figures, beginning with full-year 2007. Prior year comparisons have been restated to include Curian deposits. The retail mutual funds were introduced in January 2007.
About Jackson National Life Insurance Company
With nearly $80 billion in assets (GAAP unaudited)a, Jackson National Life Insurance Company (Jackson) is an industry leader in variable, fixed and fixed index annuities. The company also sells life insurance and institutional products. Jackson markets its products in 49 states and the District of Columbia through independent and regional broker-dealers, financial institutions and independent insurance agents. Jackson’s subsidiary, Jackson National Life Insurance Company of New York®, similarly markets variable and fixed annuities in the state of New York. Through its affiliates and subsidiaries, Jackson also provides asset management, retail mutual funds and retail brokerage services. For more information, visit www.jnl.com.
aJackson had $79.8 billion in total assets (GAAP unaudited) and $72.2 billion in policy liabilities (GAAP unaudited) set aside to pay primarily future policyowner benefits (as of 6/30/07).
Annuities and life insurance are issued by Jackson National Life Insurance Company (Home Office: Lansing, Michigan) and in New York, annuities are issued by 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 products have limitations and restrictions. Contact the Company for more information.
The following cautionary statement is included to make applicable and take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 for any forward-looking statements made by, or on behalf of, the Company. 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.
Jackson National Life Insurance Company
Corporate Communications
Andrew Silver, 303-224-7542
Email: andrew.silver@jnli.com
