Torchmark is a finance company focusing on life insurance, supplemental health insurance, and annuities. Founded in 1900 in Birmingham, AL, it operates under various brands including Globe Life, American Income Life, Liberty National Life, and Family Heritage Life. The company is headquartered in McKinney, Texas, a suburb of Dallas known for its high ranking on Money Magazine's 2014 'Best Places to Live' list. Torchmark Corporation holds a notable presence in the sports world, with its affiliate Globe Life And Accident Insurance Company having purchased the naming rights to the Texas Rangers Ballpark in Arlington.
Under the leadership of CEO Gary Lee Coleman, Torchmark has grown to become a significant player in the finance industry. With over 3,102 employees and generating an annual revenue of $4.3 billion, the company maintains a diverse workforce that includes 59.2% female and 44.1% ethnic minorities. However, political diversity is lacking as 66% of employees identify as members of the Democratic Party. Despite this imbalance, employee retention at Torchmark remains strong with an average tenure of 3.9 years and an average salary of $46,579 per year.
