Millennials

Latest Stories

Yes, Millennials Can Qualify for Life Insurance

By Raymond Caucci | September 5, 2017

According to research by LIMRA , 41 percent of millennials think they don’t qualify for life insurance. I find that shocking, and I take it as a challenge. We in the insurance industry need to do a better job communicating the value of life insurance to younger generations. Ironically, millennials are probably among the best possible candidates for life insurance.

Why Financial Services is a Good Career Fit for Millennials

By Adam Paoli | August 29, 2017

The financial services industry presents an incredible opportunity for Millennials looking for not just a job but a career. The demographics of our industry alone make a compelling case. In a previous blog post, it was noted that the average adviser is over age 50 and approaching retirement within the next ten years. We are going to see many of those practices needing to be transitioned and eventually succeeded, and Millennials like myself are well-positioned to take advantage of that. But there’s more to this than just demographics.

Hitting the Trifecta: Drexel Students Study How to Reinvent Life Insurance for Millennials

By Cassandra Vidal | May 16, 2017

I am a student at Drexel University. Our class paired up with Penn Mutual to address three business challenges the company was facing. My team was assigned the first challenge: The Language of Life Insurance, changing the way people talk about life insurance, with a focus on reaching millennials and Generation Z.

Doubling Penn Mutual’s Field Force, Doubling Down on Diversity

By Jessica Choi | January 24, 2017

Eileen McDonnell wrote recently about Penn Mutual’s ambition to become one of the top ten life insurance companies by 2025, and a large part of that effort depends on growing and diversifying our field force.

The Secret to My Success: Always Look Five to 10 Years Ahead

By Maury Stewart | September 20, 2016

You might think it’s strange that someone who has been in the industry for more than 60 years is so focused on the need to change, but, frankly, the insurance industry has always been about change.

Reflections on My Time as a Penn Mutual Intern

By Bryn Freed | September 7, 2016

For as long as I can remember I hear people say “I have to go to work.” I say “I get to go to work” because I am extremely lucky to be a part of an amazing firm like Penn Mutual. Everyone I talk to tells me how much they love what they do and love Penn Mutual as a company.

Why a Health Care Proxy and Durable Power of Attorney are a Must for Every Child Over 18

By Margaret Muldoon | May 31, 2016

The hard fact is that once a child turns 18, parents no longer have any parental rights. Legally, parents have no say over medical or financial decisions involving their newly adult child. Every child over the age of 18 should sign a Health Care Proxy and a Durable Power of Attorney.

12 Financial Tips for Newlyweds

By Alison Pettine-Hecker | May 24, 2016

Getting married is a wonderful event, but it is guaranteed to present financial challenges, no matter how you approach it. Here are 12 things that I tell my soon-to-be-married clients to discuss, some of which I learned from my own experiences as a recent newlywed.

Developing the Next Generation of Financial Advisors and Industry Leaders

By Jessica Choi | May 17, 2016

There is a tremendous need for new talent in the insurance industry. It’s estimated that the industry will need 237,000 advisors over the next decade.

10 Financial Things To Do Before You’re 40

By Zachary Meissner | March 1, 2016

There truly are some important financial things you should do before you turn 40. There is a good reason for this: At age 40, you are still relatively young and healthy, and time is on your side.