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Working At Penn Mutual

Zippia Score 4.8

Penn Mutual overview

The Penn Mutual Life Insurance Company, commonly referred to as Penn Mutual, was founded in Philadelphia, Pennsylvania, in 1847.
The staff at Penn Mutual come from unusually diverse demographic backgrounds. The company is 38.2% female and 36.0% 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 82.9%. 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 3.4 years. The average employee at Penn Mutual makes $82,614 per year. Pay at Penn Mutual is significantly lower than some of its highest paying competitors, like Nomura, Open Systems Technologies, and Prudential Financial, which pay $109,620, $106,554, and $97,115, respectively.
Based in Pennsylvania, Penn Mutual is a key player in the professional industry with 3,000 employees and an annual revenue of $2.5B.

The Organization’s Mission

To help you live life with confidence. Through the guidance of your trusted adviser, you have made a sound financial decision for your family, business and yourself.

Industry

Professional Services

Revenue

$2.5B

Employees

3,000

Founded in

1847

Headquarters

Horsham, PA

Website

pennmutual.com

Website

pennmutual.com

Organization Type

Private

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Penn Mutual Rankings

Penn Mutual is ranked #98 on the Best Professional 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.

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Penn Mutual Salaries

How much does Penn Mutual pay?
The national average salary for a Penn Mutual employee in the United States is $82,614 per year. Employees in the top 10 percent can make over $144,000 per year, while employees at the bottom 10 percent earn less than $47,000 per year.
9.7
Salary Score
Average Employee Earnings

Penn Mutual Salaries By Job Title

While Penn Mutual employees earn an average yearly salary of $82,614, different roles can command different wages. Some of the job titles with high salaries at Penn Mutual are Chief Compliance Officer, Wealth Management Advisor, ETL Architect, and Lead Software Developer. A typical Chief Compliance Officer salary at Penn Mutual is $132,010. Other roles at Penn Mutual include Private Secretary and Correspondence Clerk. A Private Secretary at Penn Mutual earns an average yearly salary of $29,178.

Penn Mutual careers

On average, employees at Penn Mutual stay with the company for 3.4 years. Employees most commonly join Penn Mutual after leaving Prudential Financial. When they leave Penn Mutual, they most frequently get their next job at Lincoln National.

Average Length of Employment

Penn Mutual

3.4 years
Liberty2.0 years
Top Employers Before Penn Mutual
MetLife8.2 %
AXA6.7 %
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Top Employers After Penn Mutual
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Penn Mutual Employee Political Affiliation

0

Employee Political Donations

NameDonation
Eileen McDonnellInsurance
$56,832Republican Party
John WatsonFinance Advisor
$25,300Republican Party
Thomas HarrisExecutive Vice President
$15,000Republican Party
Robert ChappellChief Executive Officer
$12,016Republican Party
Nina MulrooneySenior Vice President
$10,828Republican Party
Kevin ReynoldsSenior Vice President
$9,500Republican Party
David OmalleyChief Operating Officer
$8,195Republican Party
Susan DeakinsAssistant Vice President
$7,262Republican Party
Raymond CaucciVice President
$6,500Republican Party
Kenneth KnoxLife Insurance Agent
$6,000Republican Party
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Penn Mutual Employment Videos

Penn Mutual: Education for New Life Insurance Producers

Penn Mutual Financial Performance

9.7
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1847

Organization type

Private

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Penn Mutual Subsidiaries

Subsidiaries to Penn Mutual include Janney Montgomery Scott, Hornor, Townsend & Kent, and Independence Square Properties. Employees at the parent company, Penn Mutual, earn $82,614. In comparison, the salaries at Janney Montgomery Scott, Hornor, Townsend & Kent, and Independence Square Properties are $106,064, $63,074, and $61,940.

Penn Mutual Competitors

Some of the competitors of Penn Mutual are Nomura, Open Systems Technologies, and Prudential Financial. The wages at Nomura average higher than the other similar companies, where the median salary is $109,620 per year. The employees at Open Systems Technologies earn an average yearly salary of $106,554 per year, and the salaries at Prudential Financial average $97,115 per year.

Frequently Asked Questions about Penn Mutual

When was Penn Mutual founded?

Penn Mutual was founded in 1847.

How many Employees does Penn Mutual have?

Penn Mutual has 3,000 employees.

How much money does Penn Mutual make?

Penn Mutual generates $2.5B in revenue.

What industry is Penn Mutual in?

Penn Mutual is in the professional services industry.

What is Penn Mutual's mission?

Penn Mutual's mission statement is "To help you live life with confidence. Through the guidance of your trusted adviser, you have made a sound financial decision for your family, business and yourself."

What type of company is Penn Mutual?

Penn Mutual is a private company.

Who are Penn Mutual's competitors?

Penn Mutual competitors include COUNTRY Financial, Prudential Financial, Liberty, Milliman, MetLife, Great-West Life & Annuity Insurance Co, New York Life Insurance Company, GE Commercial Finance Aviation, Federal Reserve Bank of San Francisco, The Standard, Massachusetts Mutual Life Insurance ..., FIS, Premier, Vertex, Veritude, LLC, Trustmark, Data, Lincoln National Corporation, Open Systems Technologies, Nomura.

Where is Penn Mutual's headquarters?

Penn Mutual's headquarters is in Horsham, PA.

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You can find out what it is like to work at Penn Mutual, also known as Penn Mutual, Penn Mutual Life Insurance Company, THE PENN MUTUAL LIFE INSURANCE CO and The Penn Mutual Life Insurance Company.

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. 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. The data presented on this page does not represent the view of Penn Mutual and its employees or that of Zippia.