Jackson Financial Inc. (NYSE:JXN) Q3 2023 Earnings Conference Call November 9, 2023 10:00 AM ET
Company Participants
Liz Werner - Head of Investor Relations
Laura Prieskorn - Chief Executive Officer
Marcia Wadsten - Chief Financial Officer
Conference Call Participants
Tom Gallagher - Evercore ISI
Ryan Krueger - KBW
Sameer Kumar - Jeffries
Operator
Good morning, everyone. And welcome to Jackson Financial Incorporated Third Quarter 2023 Earnings Call. All lines have been placed on mute during the presentation portion of the call with an opportunity for question-and-answer at the end. [Operator Instructions]
I would now like to turn the conference call over to Liz Werner, Head of Investor Relations. Please go ahead.
Liz Werner
Good morning, everyone. And welcome to Jackson's third quarter earnings call. Today's remarks may contain forward-looking statements, which are subject to risks and uncertainties. These statements are not guarantees of future performance or events and are based upon management's current expectations. Jackson's filings with the SEC provide details on important factors that may cause actual results or events to differ materially. Except as required by law, Jackson is under no obligation to update any forward-looking statements, if circumstances or management's estimates or opinions should change.
Today's remarks may contain certain non-GAAP financial measures. The reconciliation of those measures to the most comparable U.S. GAAP figures is included in our earnings release, financial supplement and earnings presentation, all of which are available on the Investor Relations Web site at investors.jackson.com.
Joining us today are our CEO, Laura Prieskorn; our CFO, Marcia Wadsten; our Head of Asset Liability Management and Chief Actuary, Steve Binioris; our President of Jackson National Life Distributors, Scott Romine; and our President and Chief Investment Officer of PPM, Craig Smith.
At this time, I'll turn the call over to our CEO, Laura Prieskorn.
Laura Prieskorn
Thank you, Liz. Good morning, everyone, and welcome to our third quarter 2023 earnings call. In today's call, we'll provide an update on our strong capital position, our product and distribution initiatives, and our solid third quarter operating results.
In our two-years as an independent public company, we have consistently delivered on our commitments to shareholders. We continue to build on this momentum in the third quarter with total capital return to shareholders exceeding $120 million through share repurchases and common dividends and ending the quarter with an RBC above our target range. As we enter the fourth quarter, we look forward to furthering our track record of execution by achieving our 2023 financial targets.