Voya Financial, Inc.

Good morning. Welcome to Voya Financial's second quarter 2025 earnings call. All participants will be in the listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press the star, then one on your touchtone phone. To withdraw your question, please press star two. Participants are limited to one question and one follow-up. Please note this event is being recorded. I'd now like to turn the conference over to Mei-Ni Chu, Head of Investor Relations. Please go ahead.

Good morning, and thank you for joining us this morning at Voya Financial's second quarter 2025 earnings conference call. As a reminder, material for today's call are available on our website at investors.voya.com. We will begin with prepared remarks by Heather Lavallee, our Chief Executive Officer, and Mike Katz, our Chief Financial Officer. Following their prepared remarks, we will take your questions. I'm also joined on this call by the heads of our businesses, specifically Jake Haterson, CEO of Workplace Solutions, and Matt Toms, CEO of Investment Management. Turning to our earnings presentation materials that are available on our website, Slide two will have some comments during today's discussion that may contain forward-looking statements and refer to certain non-GAAP financial measures within the meaning of federal securities law. GAAP reconciliations are available in our press release and financial supplement found on our investor relations website. And now I will turn the call over to Heather.

Thank you, Maynee. Good morning and thank you for joining us today. Let's turn to slide four. In the first half of the year, our business model has proven its strength, driven by discipline execution and our commitment to helping customers navigate a dynamic macro environment. Our retirement and investment management businesses are delivering attractive returns, reinforcing the value of our integrated approach to serving our clients. And in employee benefits, we continue to make progress on margin improvement, moving toward the levels of performance that have historically defined this business. We are operating from a position of strength with solid capital and liquidity positions that give us the flexibility to invest in growth while maintaining a healthy balance sheet. This foundation enables us to deliver long-term value, positioning BOYA not just for today's environment, but for the growth opportunities ahead. Turning to slide five, for highlights from the quarter. Before commenting on our results, I want to share an important update in how we describe our workplace businesses. We're returning to our prior segment names with retirement and employee benefits, replacing wealth solutions and health solutions respectively. These industry aligned names better reflect the services and solutions Loya provides today. Moving to our results. we're encouraged by another solid quarter of performance across our businesses with strong contributions from each of our core segments. In the second quarter, we achieved a major milestone, surpassing $1 trillion in total assets across our retirement and investment management businesses, and we're now approaching nearly 10 million participant accounts in retirement alone. This accomplishment reflects the trust we have earned from our customers and the value proposition our integrated model provides. In retirement, we delivered another strong quarter, generating approximately $12 billion in total defined contribution net flows. Year-to-date, we have increased overall assets by more than $100 billion, including $40 billion in organic flows and $60 billion in assets onboarded from One America. Investment management generated approximately $2 billion in net flows in the second quarter, continuing a trend of positive organic growth. We continue to see momentum across both institutional and retail channels. In particular, strong demand for public and private fixed income solutions reinforces our leadership in insurance asset management. Our strong investment performance, platform breadth, and diversified client base continue to differentiate Voya Investment Management. Beyond these strong financial results, we continue to advance our strategy this quarter by driving greater value for our customers. We partnered with Blue Owl Capital to meet rising demand for private market access, leveraging complementary capabilities across our investment management and retirement businesses. This expands our retirement offering and helps plan sponsors and participants pursue stronger outcomes through broader investment choice. The One America integration remains on track. We're delivering on our full-year target of $75 million in operating earnings while deepening relationships with new customers. In addition, we have announced a new selling agreement with Edward Jones. This partnership opens the door to future growth through one of the country's largest advisor networks, It reinforced the strategic value of the One America acquisition and our ability to meet the needs of our plan sponsors. In employee benefits, we're making steady progress with insourcing lead management. Our expanded lead capabilities help to solve an increasingly complex issue for employers. This enhancement, combined with the breadth of our benefit offerings, strengthens our competitive position in delivering bundled solutions for employers. In stop loss, we saw another quarter of positive claims development, and we remain focused on improving margins. We are encouraged by our performance in the quarter. We will continue to focus on executing on our near-term priorities and are optimistic about our growth opportunities ahead. With that, I'll turn it over to Mike to walk through the financials in more detail. Mike?