Jackson National Life Insurance Co. has announced plans to establish a regional headquarters in Franklin, Tenn., that will employ up to 750 workers.
Jackson National has its national headquarters in Lansing, Mich., and offers variable, fixed and fixed index annuities and life insurance products through banks, independent financial advisors, regional brokers and dealers, wire houses and independent agents. The company was founded in 1961 and was named after president and Tennessean Andrew Jackson. The company has assets of nearly $88 billion and operates in 10 locations across the United States with more than 3,700 employees.
The company’s growth plans call for the company to occupy 90,000 s.f. of office space by January 2011, adding 30,000 s.f. in 2012 and another 30,000 s.f. in 2013.
“Middle Tennessee has a large and well-educated workforce and is home to many institutions of higher learning,” said Jackson Vice Chairman and Chief Operating Officer Mike Wells. “With several insurance and financial services companies located in and around Nashville, we expect to be able to attract numerous experienced, qualified job candidates.”