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Security Benefit Names Michael Dolaher as New National Account Manager

TOPEKA, Kan., July 28, 2015 (GLOBE NEWSWIRE) -- Security Benefit, a leader in the U.S. retirement savings market, has hired Michael Dolaher as its national accounts manager for financial institutions.

Dolaher will manage all of the company's relationships with banks and financial institutions and lead new business development for this channel.

"Mike has years of experience developing relationships in the industry, and we believe he will be instrumental in helping us grow our distribution footprint," said David Byrnes, President of Security Distributors, Inc. "Creating successful retirement outcomes for clients and building strong ties with partner financial institutions are important to us, and Mike shares those same values."

Prior to joining Security Benefit, Dolaher served as vice president, account management, at Genworth Financial. He has previously held leadership positions with Sun Life Financial, Fidelity Investments and the New England Life Insurance Company.

"I'm excited to be joining Security Benefit, which is at the forefront of helping Americans meet their retirement needs," Dolaher said. "I can't wait to start working with financial institutions to help clients successfully navigate today's ever-changing landscape and achieve their desired retirement outcomes."

Dolaher holds a bachelor's degree from the University of New Hampshire and an M.B.A. from Suffolk University. He lives in Ipswich, Mass., with his two children.

About Security Benefit

Security Benefit, a 123-year-old, Kansas-based insurance company with approximately $29 billion in assets under management, is a leading retirement savings and income solutions provider. Through a combination of innovative products, exceptional investment management and a unique distribution strategy, Security Benefit is a leader in a full range of retirement markets and wealth segments. To learn more about Security Benefit, visit www.securitybenefit.com.

Services are offered through Security Distributors, Inc., a subsidiary of Security Benefit Corporation (Security Benefit).

CONTACT: Media Contacts: Peter MacKellar, Communications Strategy Group (303) 433-7020 pmackellar@csg-pr.com Chad Liby, Security Benefit (785) 438-3345 chad.liby@securitybenefit.com

Source: Security Benefit