Penn Mutual salaries

Q: Is the pay good at Penn Mutual?

Yes, the pay is good at Penn Mutual. Compared to the industry average of $61,186 per year, the average annual salary at Penn Mutual is $67,045, which is 9.58% higher.

Q: What is the starting pay at Penn Mutual?

The starting pay at Penn Mutual is $37,000 per year, or $17.79 per hour.

Q: How much does Penn Mutual pay an hour?

Penn Mutual pays $32.23 an hour, on average.

Zippia Score 4.8

Penn Mutual salary estimate

$67,045yearly

$32.23 hourly rate

Entry-level salary

$37,000 yearly salary

Updated April 25, 2024

How much does Penn Mutual pay?

The average Penn Mutual salary in the United States is $67,045 per year. Penn Mutual salaries range between $37,000 a year in the bottom 10th percentile to $119,000 in the top 90th percentile. Penn Mutual pays $32.23 an hour on average. Geographic location also impacts Penn Mutual salaries. Penn Mutual employees in Horsham, PA get paid the most.

Highest paying jobs at Penn Mutual

The highest paying jobs at Penn Mutual are software engineer lead, senior software engineer, data architect, and portfolio manager. Software engineer lead jobs at Penn Mutual earn an average yearly salary of $119,536, Penn Mutual senior software engineer jobs average $110,596, and Penn Mutual data architect jobs average $110,087.

The lowest paying Penn Mutual roles include receptionist and marketing internship. Penn Mutual receptionist average salary is $32,111 per year. So while the average Penn Mutual salary is $67,045 there is a big variation in pay depending on the role.

Highest paying jobs at Penn Mutual

Rank	Job Title	Average Penn Mutual Salary	Hourly Rate
1	Software Engineer Lead	$119,536	$57.47
2	Senior Software Engineer	$110,596	$53.17
3	Data Architect	$110,087	$52.93
4	Portfolio Manager	$103,946	$49.97
5	Salesforce Developer	$101,316	$48.71
6	Actuarial Technician	$100,469	$48.30
7	Informatica Consultant	$93,675	$45.04
8	Data Integrity Specialist	$91,546	$44.01
9	SQL Server Developer	$89,787	$43.17
10	Regional Sales Director	$88,208	$42.41
11	Lead Person	$84,121	$40.44
12	Quantitative Analyst	$83,903	$40.34
13	Human Resources Business Partner	$83,681	$40.23
14	Chief Compliance Officer	$82,216	$39.53
15	Underwriting Consultant	$81,821	$39.34
16	Director Of Program Marketing	$79,505	$38.22
17	Wealth Management Advisor	$78,812	$37.89
18	Automation Specialist	$73,872	$35.52
19	Finance Advisor	$73,489	$35.33
20	Senior Accountant	$69,468	$33.40

Rate Penn Mutual's fairness in compensating employees.

Average Penn Mutual salary by state

Penn Mutual pays the highest salaries in Massachusetts due to higher costs of living and competition in the state.

Rank	State	Average Penn Mutual Salary	Hourly Rate
1	Massachusetts	$78,293	$37.64
2	Rhode Island	$73,857	$35.51
3	Pennsylvania	$69,198	$33.27

Do you work at Penn Mutual?

Were you satisfied with Penn Mutual's salary and benefits?

Penn Mutual salaries by department

Salaries at Penn Mutual vary depending on the department you work in. Penn Mutual salaries in the engineering department are the highest with an average salary of $102,503. Employees in the it department at Penn Mutual receive relatively high salaries as well, with an average salary of $85,713 per year. Departments that don't pay as well at Penn Mutual include the customer service and the administrative organizational functions, with employees earning average salaries of $40,080 and $43,119, respectively.

Average Penn Mutual salary by department

Rank	Department	Average Penn Mutual Salary	Hourly Rate
1	Engineering	$102,503	$49.28
2	IT	$85,713	$41.21
3	Business Development	$73,898	$35.53
4	Plant/Manufacturing	$67,993	$32.69
5	Finance	$67,374	$32.39
6	Art/Design	$64,597	$31.06
7	Accounting	$64,589	$31.05
8	Sales	$62,621	$30.11
9	Marketing	$59,314	$28.52
10	Administrative	$43,120	$20.73
11	Customer Service	$40,081	$19.27

How much does Penn Mutual pay by department?

Best paying Penn Mutual engineering salaries

Rank	Position	Average Penn Mutual Salary	Hourly Rate
1	Software Engineer Lead	$119,536	$57.47
2	Senior Software Engineer	$110,596	$53.17
3	Data Architect	$110,087	$52.93
4	Senior Project Manager	$100,651	$48.39
5	Technical Project Manager	$99,661	$47.91
6	Informatica Consultant	$93,675	$45.04
7	Manager, Configuration Management	$92,661	$44.55
8	Applications Programmer	$90,856	$43.68
9	SQL Server Developer	$89,787	$43.17
10	Applications Development Specialist	$85,817	$41.26
11	Business Intelligence Developer	$85,145	$40.94
12	Programmer Analyst	$76,572	$36.81
13	Conversion Specialist	$69,959	$33.63

Best paying Penn Mutual finance salaries

Rank	Position	Average Penn Mutual Salary	Hourly Rate
1	Risk Manager	$104,117	$50.06
2	Portfolio Manager	$103,946	$49.97
3	Actuarial Technician	$100,469	$48.30
4	Senior Claims Examiner	$87,576	$42.10
5	Quantitative Analyst	$83,903	$40.34
6	Actuarial Analyst	$83,195	$40.00
7	Underwriting Consultant	$81,821	$39.34
8	Wealth Management Advisor	$78,812	$37.89
9	Retirement Plan Specialist	$74,529	$35.83
10	Finance Advisor	$73,489	$35.33
11	Wealth Management Internship	$69,667	$33.49
12	Underwriter	$67,068	$32.24
13	Investment Banking Internship	$52,158	$25.08
14	Registered Representative	$50,726	$24.39
15	Loan Administrator	$46,759	$22.48
16	Advising Assistant	$45,000	$21.63
17	Claim Processor	$44,933	$21.60
18	Finance Representative	$38,634	$18.57
19	Insurance Specialist	$38,170	$18.35

Best paying Penn Mutual administrative salaries

Rank	Position	Average Penn Mutual Salary	Hourly Rate
1	Regional Administrator	$67,001	$32.21
2	Director Of First Impression	$66,159	$31.81
3	Administrative Manager	$65,098	$31.30
4	Office Manager	$52,497	$25.24
5	Secretary	$49,955	$24.02
6	Case Administrator	$48,050	$23.10
7	Records Supervisor	$40,984	$19.70
8	Case Coordinator	$40,302	$19.38
9	Administrative Assistant	$38,694	$18.60
10	Intake Coordinator	$37,727	$18.14
11	Control Clerk	$35,338	$16.99
12	Office Assistant	$34,230	$16.46
13	Product Management Internship	$33,943	$16.32
14	Data Entry Clerk	$32,178	$15.47
15	Receptionist	$32,111	$15.44

Penn Mutual competitors’ average salaries

Average salaries at Penn Mutual competitors, like Merchants Insurance Group, Phoenix Insurance, and MassMutual, vary. Merchants Insurance Group employees earn the highest salaries, with an average yearly salary of $69,441. The average salary at Phoenix Insurance is $69,243 per year, and the average salary at MassMutual is $68,354 per year.

Highest paying Penn Mutual competitors

Rank	Company Name	Zippia Score	Average Salary
1	Merchants Insurance Group	3.8	$69,441
2	Phoenix Insurance	4.3	$69,243
3	MassMutual	4.3	$68,354
4	American Enterprise Mutual Holding Company	4.3	$66,234
5	TWG Holdings, Inc.	4.6	$63,373
6	Summit Consulting	4.1	$63,037
7	The Word & Brown Companies	4.8	$62,399
8	New York Life Insurance	4.5	$62,006
9	Sun Life of Canada	4.3	$61,959
10	Symetra	4.6	$61,868
11	RLI	4.8	$61,667
12	Integro	4.2	$61,377
13	AmWINS Group	4.8	$59,913
14	Minnesota Mutual Companies Inc	4.0	$59,681
15	PMSI	4.5	$59,211
16	Connecticut Guaranty Assoc	3.2	$56,205
17	RBC Insurance Holdings	4.3	$55,092
18	Insurance Service Center	3.9	$54,805
19	SIA Group, Inc.	4.0	$54,016
20	ACE Group Holdings Inc	4.3	$53,835

Recently added Penn Mutual salaries

Job	Location	Date Added	Salary
AVP, HTK Operations	Townsend, MA	10/23/2024	$165,000
SR. Software Engineer-Cyberlife	Pope, MS	10/23/2024	$125,000
Investment Analyst-Corporate Credit Research	Conshohocken, PA	09/25/2024	$85,000
Senior Corporate Credit Analyst and Investment Analyst	Conshohocken, PA	09/25/2024	$150,000
Investment Analyst-Corporate Credit Research	Conshohocken, PA	09/13/2024	$85,000

Frequently asked questions about Penn Mutual salaries

Is the pay good at Penn Mutual?

What is the starting pay at Penn Mutual?

How much does Penn Mutual pay an hour?

Have more questions? See all answers to common company questions.

Search for jobs

Updated April 25, 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.