- Jackson Financial Inc. (JXN, Financial) announces key leadership changes effective April 14, 2025.
- Chris Raub appointed President of Jackson National Life Insurance Company.
- Steve Binioris to become the new Executive Vice President and Chief Risk Officer.
Jackson Financial Inc. (JXN) has announced significant leadership changes to enhance its strategic direction and manage organizational risks effectively. Effective April 14, 2025, Chris Raub will take on the role of President of Jackson National Life Insurance Company, a subsidiary of Jackson Financial. In his new position, Raub will be responsible for key business areas, including distribution, product development, operations, IT, and sub-advisor/fund accounting functions.
Steve Binioris is appointed as the successor to Raub's previous role, stepping into the position of Executive Vice President and Chief Risk Officer. Binioris will be responsible for managing enterprise risks, including both financial and operational risks, to ensure the company continues to operate with minimal disruptions and maximum safety.
Pam Bottles has been named interim Chief Actuary as the search for Binioris’s permanent replacement begins. Raub and Binioris will report directly to CEO Laura Prieskorn, emphasizing the company's commitment to strong succession planning and leadership continuity.
Raub, who has been with JXN for over 25 years, most recently held the position of Executive Vice President and Chief Risk Officer. He brings extensive experience from various roles within the company, including senior managing director and head of insurance assets at PPM America, Inc., a subsidiary of Jackson.
Binioris, a veteran at Jackson since 2001, has previously served as Senior Vice President and Chief Actuary. His expertise includes oversight of the Company’s Asset Liability Management team. Binioris holds a bachelor's degree in mathematics and is a Fellow in the Society of Actuaries as well as a Chartered Financial Analyst.
CEO Laura Prieskorn commented on the new appointments, “Chris's experience, commitment to innovation, and effective leadership skills will be invaluable as we advance our strategic priorities. I am proud of our focus on succession planning, which has resulted in a smooth transition for Steve to assume his new role.”
