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
