Assistant General Counsel

Job Description:

We are looking for an Assistant General Counsel who will report to the Associate General Counsel. In this role you will support all aspects of Penn Mutual’s legal and investigative functions. This role handles litigation matters on behalf of Penn Mutual and its affiliates, including its Registered Investment Adviser and Broker-Dealer Hornor Townsend & Kent (HTK). The role also coordinates and conducts reviews and investigations, manages regulatory exams and inquiries, supports Penn Mutual’s privacy functions, and delivers training to employees.

As a key member of the Law Department, this position handles and enhances internal processes for customer complaint investigations and provides strategic legal advice across litigation and regulatory domains. Penn Mutual embraces a flexible, remote work approach, empowering employees to choose where they work best.

Responsibilities

• Handle lawsuits, arbitrations, and pre-litigation matters on behalf of Penn Mutual and HTK
• Collaborate with outside counsel on litigation strategy and tactics
• Manage outside counsel in securities regulatory enforcement matters
• Manage discovery processes, including subpoenas and document management
• Prepare for trial or arbitration, including witness preparation
• Advise internal stakeholders on litigation, risk management, and claims
• Identify and mitigate legal risks
• Participate in settlement negotiations
• Coordinate, direct, and conduct reviews and investigations for Penn Mutual and HTK
• Respond to, manage, and investigate some customer complaints
• Develop and enhance internal procedures for complaint investigations
• Communicate investigation outcomes to leaders
• Perform root cause analysis and recommend policy/procedure changes
• Advise business leaders on compliance/regulatory changes and trends
• Maintain the Anti-Fraud Plan for Penn Mutual and affiliates
• Manage state insurance department examinations and regulatory inquiries
• Oversee SEC, FINRA, and state securities/insurance department examinations
• Investigate and resolve employment-related disputes in conjunction with HR
• Develop and deliver training programs on legal topics
• Partner with HR, business leaders, and Law Department lawyers on employment issues

Skills and Abilities

• Knowledge of litigation processes, including discovery and evidentiary rules
• Knowledge of state insurance, securities, FINRA & SEC rules and regulations
• Knowledge of federal, state, and local employment laws
• Strong business acumen in life insurance & broker dealer industries
• Excellent verbal and written communication skills
• Relationship-building and influencing skills
• Tactical and strategic thinking
• Proactive, values-driven, and relationship-based approach
• Strong leadership, ethics, integrity, and discretion
• Sound judgment
• Complies with all company and site policies and procedures
• Remains current in profession and industry trends
• Successfully completes regulatory and job training requirements
• Performs other duties as assigned
• Demonstrates a commitment to AI fluency by embracing AI tools and technologies to enhance individual and team performance, decision-making, and innovation

Education & Experience

• Juris Doctorate from an accredited law school (required)
• Admission to the bar of at least one state and eligibility for PA bar’s Limited In-House Corporate General License (required)
• Former litigation, prosecutorial, or regulatory experience (required)
• 8–10 years in compliance/legal background within insurance, securities, financial services or criminal law (required)
• Experience managing corporate investigations (required)
• Experience interacting with law enforcement or regulatory bodies (SEC, state insurance/securities departments) (required)
• Litigation experience, including federal, state insurance litigation, FINRA arbitration, and managing outside counsel (required)
• Experience in employment law matters (required)

Base Salary Range: $160,000 - $170,000

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.