Sr. Administrative Associate

Penn Mutual is a well-established financial services company with a legacy spanning over 175 years. The company empowers individuals, families, and businesses to achieve their financial goals by offering a wide range of competitive products and services. These include life insurance, annuities, wealth management, and institutional asset management. Penn Mutual operates through partnerships with financial professionals across the United States, providing reliable support and trusted guidance aimed at building stronger financial futures for clients. Known for its financial strength and commitment to client service, Penn Mutual also emphasizes a diverse and inclusive work environment that complies with Equal Employment Opportunity standards.

The Sr. Administrative Associate role is a key position within Penn Mutual's field office teams, located in either Kansas City, MO or Dallas, TX. This is a hybrid position requiring on-site attendance three days a week, aligning with the company’s flexible work approach which allows employees to balance their career and personal lives effectively. The role contributes significantly to the efficiency of sales and marketing operations by supporting field managers and financial professionals. The associate performs a variety of administrative duties, handling everything from processing new business applications to maintaining communication with underwriting and securities departments. This position demands a strong knowledge base of insurance and securities products as well as company policies and procedures.

Responsible for processing all new business applications accurately and efficiently, the Sr. Administrative Associate reviews forms, ensures timely electronic submission, orders necessary requirements, and follows up on pending cases until their completion. They provide proactive updates and reports to financial professionals and field managers regarding pre-issue and post-issue requirements through multiple communication channels. This role also requires building collaborative relationships with internal departments such as Home Office, Underwriting, HTK, and third-party administrators to resolve underwriting and securities issues effectively.

In addition to administrative tasks, the associate may be responsible for preparing basic product illustrations and serving as a dependable point of contact for financial professionals and policyholders by delivering excellent and timely service. The position thrives on strong organizational skills, prioritization abilities, and proficiency with Microsoft Office Suite and Outlook. Clear communication skills and a team-oriented mindset are essential to succeed in this role.

Candidates for this position need a high school diploma or equivalent, with 3-5 years of experience in insurance, securities, or related fields. Preferred candidates will possess FINRA Series 6 or Series 7 licenses. The salary range for this role is competitive, ranging between $60,000 and $70,000 per year, reflecting the responsibilities and expertise required.

Penn Mutual’s commitment to equal employment opportunity ensures a supportive and inclusive workplace for all qualified applicants, emphasizing nondiscrimination across all aspects of employment. This position offers a unique opportunity to be part of a respected financial services organization while advancing your administrative career in a dynamic and supportive environment.