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AUSTIN, Texas, July 31, 2017 /PRNewswire/ -- National Western Life Insurance Company announced today the appointment of R. Bruce Wallace to the position of Senior Vice President and Chief Marketing Officer of its Domestic Insurance operations after an extensive search.

"It was worth the wait to fill the position," said Kitty Nelson, National Western Life's President and Chief Operating Officer. "Bruce brings a wealth of experience in strategic distribution and is the right person to expand the reach of our Domestic Life products."

Most recently, Wallace was the Senior Vice President and Head of Strategic Distribution for Voya Financial. Previously, he was the Managing General Agent of the Eastern U.S. for Nationwide Financial. Wallace also built two successful financial service agencies with Guardian Life and New York Life. He earned his bachelor's degree from Baylor University and the Chartered Life Underwriter (CLU) designation from The American College. Wallace remains active with the Life Insurance Marketing Research Association (LIMRA), GAMA International, and NAIFA.

As an industry veteran who has advised or led the marketing and distribution efforts of a number of major carriers, Wallace commented on National Western Life, "The Company has a great foundation in annuity and single premium life sales upon which to build." He added, "The challenge and opportunity is the same - increase the flow of periodic premium from Domestic Life products. National Western Life is perfectly poised to accomplish this, and that is why I am excited about this opportunity."
About National Western Life:
National Western Life Insurance Company (NWLIC) is a wholly owned subsidiary of National Western Life Group, Inc. (Nasdaq: NWLI). Founded in 1956, NWLIC is a stock life insurance company with a broad portfolio of individual universal life, whole life, and term insurance plans, as well as annuity products and investment contracts, meeting the financial needs of its customers in 49 states as well as residents of various international countries. NWLIC has 275 employees and approximately 29,500 contracted independent agents, brokers, producers, and consultants. At March 31, 2017, National Western Life Group, Inc. maintained total consolidated assets of $12.0 billion, stockholders' equity of $1.7 billion, and life insurance in force of $20.5 billion.

Release Contact:
Paul T. Garofoli
Vice President, Head of National Marketing Organization Distribution
Phone: 800-760-3434, extension 207
FAX: 512-339-8350
rel="nofollow">pgarofoli@nationalwesternlife.com
www.nationalwesternlife.com

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SOURCE National Western Life Insurance Company

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National Western Life Announces Appointment of Wallace as Chief Marketing Officer

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AUSTIN, Texas, July 31, 2017 /PRNewswire/ -- National Western Life Insurance Company announced today the appointment of R. Bruce Wallace to the position of Senior Vice President and Chief Marketing Officer of its Domestic Insurance operations after an extensive search. "It was worth the wait to fill the position," said Kitty Nelson, National Western Life's President and Chief Operating Officer.

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National Western Life Insurance - Strikingly

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National Western Life Insurance - Strikingly

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National Western Life Insurance - US and International Operations

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National Western Life Insurance - Medium

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Read writing from National Western Life Insurance on Medium. National Western Life Insurance has been selling insurance for more than 60 years. Every day, National Western Life Insurance and thousands of other voices read, write, and share important stories on Medium.

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National Western Life Insurance's Blog

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Headquartered in Austin, Texas, National Western Life Insurance Company (NWL) has been selling insurance for more than 60 years. The firm employs hundreds of people and operates in 49 US states, four US territories, and the District of Columbia. In 2016, National Western Life debuted a new line of insurance for clients that are unable or unwilling to complete the traditional pre-approval underwriting process. Through its OptionLife Series, the agency offers a significantly simplified application process that provides Rapid Issue Life and Graded Death Benefit policies with either level term or whole life coverage.

In addition to its life insurance products, NWL helps clients save money on a tax-deferred basis through its line of long-term annuities. The firm focuses exclusively on fixed annuity options with both single and flexible premium payment options.

Currently, NWL supports 265 permanent employees and approximately 22,700 contracted agents, brokers, and consultants. Managing total consolidated assets of $11.5 billion, National Western Life continues to produce considerable revenue. In the first quarter of 2017, it reported consolidated net earnings of $23.5 million.

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Headquartered in Austin, Texas, National Western Life Insurance Company (NWL) has been selling insurance for more than 60 years. The firm employs hundreds of people and operates in 49 US states, four US territories, and the District of Columbia.

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National Western Life is a stock life insurance company.

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National Western Life Insurance Company is chartered by the State of Colorado and a wholly owned subsidiary of National Western Life Group, Inc. National Western's domestic operations extend to forty-nine states, the District of Columbia and four U.S. territories.