Is there something we need to turn on in the admin console to allow users to create photo albums and to have "photo" be a content option? We are currently just creating a blog post and inserting the photo there, but this is tedious and not really what people are looking for. We are currently needing to upload a large number of photos from an event and need to figure out the album functionality as well. I have tried to figure this out myself, but can't find where to make the changes.
This will depend on the version of Jive your instance is running. For:
Jive Cloud - You should have access to the Image Collection feature, for more information on this check out 2016.1 Deep Dive: Content
Jive 8 - While there is not a photo album feature available in the out of the box product our Professional Services team has developed an add-on which allows you to create this type of content. For more information on this check out Jive Photo Album Extension