Jackson National Life Insurance Company Receives Blackbaud Impact Award
Jackson National Life Insurance Company Honored with 2024 Award
In an impressive showcase of commitment to community service, Jackson National Life Insurance Company has been awarded the prestigious Fueling Greatness Award in the 2024 Blackbaud Impact Awards. This honor highlights the company's outstanding volunteer efforts, where an impressive 48% of its associates engaged in various community-facing initiatives over the past year.
Promoting a Culture of Volunteerism
Jackson National Life Insurance Company, the operating subsidiary of Jackson Financial Inc. (NYSE: JXN), has always embraced a strong culture of philanthropy. In a striking move, the company set an ambitious goal for 2023, aiming for 30% participation from its approximately 3,840 associates in volunteer activities. This effort was significantly supported by a collaboration with Blackbaud, a renowned leader in social impact software.
Utilizing Technology for Greater Impact
To effectively track and encourage volunteer participation, Jackson National Life Insurance Company integrated the YourCause® CSRconnect® tool into its operations. This innovative platform provided an essential means to engage thousands of associates, monitor volunteer service hours, and make informed decisions that amplify their impact on the communities they serve.
Impressive Results from Volunteer Initiatives
The results of Jackson's volunteer initiatives have been noteworthy. The 48% engagement from associates in nonprofit services not only dwarfed the 30% target but also far exceeded the finance and insurance industry's average volunteer rate of 15%, as reported by Blackbaud. Over 1,800 individual associates lent their hands to various nonprofit efforts, contributing to the service of more than 400 nonprofits across the nation.
Moreover, these efforts culminated in nearly 21,000 hours of volunteering, showcasing the dedication and spirit of giving that people at Jackson embody.
Strengthening Community Ties
Jackson National Life's approach to corporate philanthropy focuses on creating long-lasting partnerships with nonprofit organizations. These relationships not only extend the company's reach into their local communities but also foster deeper connections with associates, illustrating the organization's core values. Areas such as Lansing, Nashville, and Chicago have greatly benefited from these partnerships.
Recognition at bbcon 2024
The Blackbaud Impact Awards, which honor organizations making a difference through the utilization of Blackbaud software, held its announcement during bbcon 2024, an annual technology conference dedicated to social good. Here, Jackson’s efforts were highlighted alongside other finalists, emphasizing the remarkable achievements made through commitment and innovative teamwork.
About Jackson National Life Insurance Company
Jackson National Life Insurance Company (NYSE: JXN) prides itself on providing clarity amidst the complexities of retirement planning. With a diverse range of annuity products, years of esteemed service recognition, and a focus on making informed decisions for clients, Jackson aims to enhance the retirement journey for many.
Jackson believes that by offering transparency and guidance today, they can facilitate better outcomes for tomorrow. Their vision encompasses serving various stakeholders, including customers, shareholders, distribution partners, and community organizations.
Frequently Asked Questions
What is the Blackbaud Impact Award?
The Blackbaud Impact Award honors organizations and individuals who utilize Blackbaud software effectively to drive social impact and community engagement.
How many associates participated in Jackson's volunteering efforts?
An impressive 48% of Jackson's associates participated in volunteering activities in the past year, significantly exceeding the company's target of 30%.
What technology did Jackson National use to enhance volunteer engagement?
Jackson National implemented Blackbaud’s YourCause® CSRconnect® tool to monitor and promote associate volunteerism efficiently.
How many nonprofits did Jackson support with their volunteer efforts?
Jackson National Life Insurance Company supported over 400 nonprofit organizations through their volunteering initiatives.
Where can I find more information about Jackson's corporate responsibility programs?
Additional details about Jackson's volunteer efforts and corporate responsibility initiatives can be found in their annual reports available on their website.
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