Background
Manning was born in approximately 1959.
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Clark Manning
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He obtained a bachelor"s degree (Bachelor of Business Administration) in Actuarial Science at University of Texas. And also at University of Texas, he completed an Master of Business Administration He holds professional designations of Fellow of the Society of Actuaries (Federal Security Agency) and Member, American Academy of Actuaries (MAAA).
Career
He was President and Chief Executive Officer during 2002-2010 of Jackson National Life, a major United States. insurance company located in Lansing, Michigan. He also served on the board of directors of Prudential plc, one of the largest public financial companies in the world, during 2002 - 2010. He currently is Chairman of the board of directors of PPM America, Incorporated., a major United States. investment management firm that is another subsidiary of Prudential PLC
His activity in the Society of Actuaries included publishing a 1990 article on changes in valuation law, based on a panel discussion that he led.
Mr.
Manning worked as a consulting actuary in the Chicago office of Milliman & Robertson, Incorporated., before joining SunAmerica, Incorporated. In the mid-1990s, he was listed as Senior Vice President of New York City-based life insurance company SunAmerica, Incorporated. SunAmerica, which also is described as a retirement savings company, was acquired by American International Group in 1999.
He served as senior vice president and as Chief Actuary.
He joined Jackson National Life in 1995, served as the Senior Vice President and the chief actuary during 1995 to 1998, then served as Chief Operating Officer during 1998 to 2001. After serving as acting Chief Executive Officer from June 2001, he was appointed Chief Executive Officer of Jackson National Life in late 2001, saying then that he planned to follow "an aggressive strategy of expanding Jackson"s distribution capabilities and product line." He served as Chief Executive Officer through 2010, in that year earning $2.1 million compensation.
After stepping down from Chief Executive Officer of Jackson National Life in 2010, Manning was to serve as an adviser through the end of 2011. Manning also was an analyst at Prudential Equity Group"s Research Division (part of United States-based Prudential Financial and entirely unrelated to United Kingdom-based Prudential plc) at some point in his career.
In 2015, he is a director and chairman of the board of directors of PPM America, Incorporated., a major investment management firm, which like Jackson National Life is a subsidiary of Prudential PLC
