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Working at Penn Mutual

Zippia score 4.8

Overview

SalaryRevenueReviewsDemographicsCompetitorsCEO & ExecutivesSubsidiaries

Penn Mutual overview

Industry
Insurance
Revenue
$3.7B
Headquarters
Employees
3,140
Founded in
Website
Organization type
Private
CEO
Eileen C. McDonnell
Social media
Since 1847, they have been driven to create a world of possibilities-one individual, one family and one small business at a time. They help people do more in life by creating solutions that deliver the complete value of life insurance across life's stages, complemented by annuities and investment products.
The staff at Penn Mutual come from unusually diverse demographic backgrounds. The company is 43.1% female and 35.9% ethnic minorities. Despite its diversity in other areas, Penn Mutual employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 76.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Penn Mutual has great employee retention with staff members usually staying with the company for 4.6 years.The average employee at Penn Mutual makes $67,045 per year, which is competitive for its industry and location. Some of its highest paying competitors, Merchants Insurance Group, Phoenix Insurance, and MassMutual, pay $69,441, $69,243, and $68,354, respectively.
Based in Pennsylvania, Penn Mutual is a key player in the insurance industry with 3,140 employees and an annual revenue of $3.7B.

Penn Mutual's mission statement

To helping people live life with confidence. At the heart of this purpose is the belief that life insurance is central to a sound financial plan. Through our network of trusted advisers, we are dedicated to helping individuals, families and businesses achieve their dreams.

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5.0/5

Penn Mutual employee reviews

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The team at Penn Mutual

  • The founders of Penn Mutual is Chad Sheaffer.
  • The key people at Penn Mutual are Eileen C. McDonnell and Chad Sheaffer.
Key people
Eileen C. McDonnell
Chad Sheaffer

Penn Mutual rankings

Penn Mutual is ranked #45 on the Best Insurance companies to work for in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Penn Mutual salaries

Average Penn Mutual salary
$67,045
yearly
$32.23 hourly
Updated March 14, 2024

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Penn Mutual diversity

9.6
Diversity score
We calculated Penn Mutual’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Penn Mutual’s workforce.
Penn Mutual diversity summary. Zippia estimates Penn Mutual's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Penn Mutual's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Penn Mutual's workforce.
  • Penn Mutual has 3,140 employees.
  • 43% of Penn Mutual employees are women, while 57% are men.
  • The most common ethnicity at Penn Mutual is White (64%).
  • 13% of Penn Mutual employees are Hispanic or Latino.
  • 10% of Penn Mutual employees are Asian.
  • The average employee at Penn Mutual makes $67,045 per year.
  • Penn Mutual employees are most likely to be members of the republican party.
  • Employees at Penn Mutual stay with the company for 4.6 years on average.

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Penn Mutual financial performance

9.8
Performance score

Highest paying Penn Mutual competitors

Compare Penn Mutual salaries to competitors, including Merchants Insurance Group, Phoenix Insurance, and MassMutual. Employees at Merchants Insurance Group earn the highest average yearly salary of $69,441. The salaries at Phoenix Insurance average $69,243 per year, and the salaries at MassMutual come in at $68,354 per year.
RankCompanyAverage salaryJobs
1$69,4410
2$69,2430
3$68,3540
4$66,2340
5$63,3730
6$63,0370
7$62,3990
8$62,0060
9$61,9590
10$61,8680
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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of Penn Mutual, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Penn Mutual. The employee data is based on information from people who have self-reported their past or current employments at Penn Mutual. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Penn Mutual. The data presented on this page does not represent the view of Penn Mutual and its employees or that of Zippia.

    Penn Mutual may also be known as or be related to Penn Mutual, Penn Mutual Life Insurance Company, The Penn Mutual Life Insurance Co, The Penn Mutual Life Insurance Co. and The Penn Mutual Life Insurance Company.