Director, Illustration Development

Job Description:

Penn Mutual is looking for a Director, Illustration Development to join our team. This role will provide day-to-day oversight for management of Penn Mutual’s Illustration System and Illustration Outputs.  This will include coordination and management of multiple third-party vendors and will have significant involvement with other areas of the company including but not limited to, IT, Product, Distribution, Advanced Sales and Compliance.
We’ve embraced a flexible, hybrid approach to work. Based on your role and personal preference, we empower you to choose where you work best. This model allows you to balance your life and bring your whole self to work.
Responsibilities:

This position will be responsible for the following:

• Implement strategic priorities established in the business plan for illustrations at Penn Mutual
• Leadership & Strategy
  • Own the illustration ecosystem (tools, vendors, outputs, governance)
  • Define roadmap for future-state capabilities
  • Set standards for consistency, compliance, and user experience
• Execution & Operations
  • Oversee and improve inforce and new business illustration capabilities
  • Manage vendor relationships and platform performance
  • Assess, prioritize and approve API requests from distribution partners and other vendors
  • Ensure timely, accurate delivery of illustration outputs
• Cross-Functional Influence
  • Partners with: Product & IT (system evolution), Legal (assumptions, disclosures), and translate field needs into scalable solutions
• Innovation
  • Evaluate and implement:
    • Potential AI overlays
    • Improved UX / visualization
    • Faster case design tools

Skills and Abilities

• Comprehensive, in-depth knowledge of life insurance products and illustration systems.
• Substantial knowledge of the Illustration Model Regulation, appropriate actuarial guidelines and applicable FINRA requirements for illustrations.
• Excellent oral and written communication skills, including public speaking and presentations.
• Ability to work collaboratively and effectively with field leaders, and home office leaders and associates in all departments (including IT and product).
• Strong planning, organizational, and leadership skills, including the ability to make and implement plans, set priorities, perform multiple tasks, and meet deadlines.

Education & Experience

• Bachelor's Degree in related field required
• 7-10 Years of case design or illustration development work in an insurance company

Licenses

• Series 6 and 26 or other equivalent professional licenses preferred

Salary range: $135,000 to $175,000

For over 175 years, Penn Mutual has empowered individuals, families and businesses on the journey to achieve their financial goals. Through our partnership with Financial Professionals across the U.S., we help instill the confidence and reliability that comes from a stronger financial future. Penn Mutual and its affiliates offer a comprehensive suite of competitive products and services to meet the unique needs of Financial Professionals and their clients, including life insurance, annuities, wealth management and institutional asset management. To learn more, including current financial strength ratings, visit www.pennmutual.com.

Penn Mutual is committed to Equal Employment Opportunity (EEO). We provide employment and advancement opportunities to all qualified applicants and associates, according to applicable laws. This is reflected in our practices for hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment, compensation, selection or training, and all other terms and conditions of employment. All employment-related decisions and practices are free from unlawful discrimination. This includes: race, creed, color, national origin, ancestry, citizenship age, gender (including pregnancy), sexual orientation, gender identity or expression, domestic partnership or civil union status, marital status, genetic information, disability, religious observance or practice, liability, veteran status or any other classification protected under applicable law.