May 2012 - Present
Jun 2000 - May 2012
TWG Capital Inc
ResponsibilitiesLed company providing analytic, technology, and financial services to insurance and healthcare industries nationwide. Developed proprietary software system to analyze, prioritize, and manage customer segments of 120 companies comprising 43 million transactions annually.AchievementsDirected origination and business development leading to growth of over 60% annually to $350 million in assets, $25 million annual revenue, and $21 million annual cashflow.
Sep 1987 - Jun 1989
Professional and Social Media Networking
Flying, hiking, whitewater rafting, travel
Longtime Indiana resident Jim Wallace has lived and worked in the state since 1990. At that time, he accepted a position at the Indianapolis office of the professional services and accounting firm Ernst & Young. He spent three years developing capital structures, strategies, and financial plans for client organizations. He departed Ernst & Young in 1993 to join the healthcare company WellPoint, where he held responsibilities as Vice President of Strategy and Chief Operating Officer. Jim Wallace next worked for Conseco, another Indiana healthcare company, before opening his own venture, The Wellesley Group. He continues to operate The Wellesley Group today, and he recently took on the title of President after relinquishing duties as President and Chief Executive Officer of subsidiary TWG Capital.Prior to moving to Indiana, Jim Wallace resided in Massachusetts, where he worked as a consultant for Bain & Company. Before beginning his corporate career at Bain in 1988, he served in the United States Army as a Combat Aviation Officer. In addition to leading an aviation unit that supported combat battalions, he also published multiple papers and developed software to help streamline the military’s activities. A graduate of the United States Military Academy, where he earned a Bachelor of Science and appeared on the dean’s list, Wallace served a total of four years in the Army after he completed his degree in 1983.An athlete, as well as a fan of the great outdoors, Jim Wallace seeks out wonderful Indiana locales for hiking and whitewater rafting when he has time away from work. Although he is no longer in the military, he continues to enjoy flying.