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Updated July 11, 2022

Average Penn Mutual Salary

$67,620 yearly
To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC) Show More

$32.51 hourly

Entry level Salary
$34,000 yearly
$34,000
10 %
$67,620
Median
$131,000
90 %

How Much Does Penn Mutual Pay?

Penn Mutual pays $67,620 a year, on average, or $32.51 an hour. Penn Mutual pays those in the bottom 10 percent $34,000 a year, and the top 10 percent over $131,000. Salaries vary by department as well. Workers in the engineering department can earn an average of $108,409 per year. However, workers in the it department earn an average salary of $91,851 per year. Geographic location can impact the pay for employees at Penn Mutual as well. Based on our data, Penn Mutual employees in Horsham, PA and Coral Gables, FL get paid the most.

Highest Paying Jobs At Penn Mutual

While Penn Mutual employees earn an average yearly salary of $67,620, different roles can command different wages. Some of the positions that earn high wages at Penn Mutual include regional sales director, software engineer lead, portfolio manager, and senior software engineer. A worker with the title regional sales director salary at Penn Mutual can earn an average yearly salary of $143,007. Some of the other roles at Penn Mutual are marketing internship and receptionist. A worker with the title marketing internship at Penn Mutual earns an average salary of $27,644 per year.

Highest Paying Jobs At Penn Mutual

Rank  Job Title  Average Penn Mutual Salary  Hourly Rate  
1Regional Sales Director$143,007$68.75
2Software Engineer Lead$125,508$60.34
3Portfolio Manager$121,084$58.21
4Senior Software Engineer$120,135$57.76
5Data Architect$117,288$56.39
6Data Integrity Specialist$111,940$53.82
7Salesforce Developer$110,642$53.19
8Actuarial Technician$105,931$50.93
9Quantitative Analyst$102,740$49.39
10Informatica Consultant$95,378$45.85
11Director Of Program Marketing$94,478$45.42
12SQL Server Developer$91,492$43.99
13Human Resources Business Partner$90,911$43.71
14Automation Specialist$83,123$39.96
15Management Analyst$75,052$36.08
16Regional Administrator$74,779$35.95
17Finance Advisor$73,523$35.35
18Senior Accountant$73,449$35.31
19Underwriting Consultant$69,315$33.32
20Internal Auditor$63,439$30.50

Highest Paying Penn Mutual Competitor Salaries

Based on our research, similar companies to Penn Mutual are Summit Consulting, MassMutual, and Symetra. The wages at Summit Consulting average higher than the other similar companies, where the median salary is $64,755 per year. The employees at MassMutual earn an average yearly salary of $63,938 per year, and the salaries at Symetra average $63,643 per year.

Salaries By Penn Mutual Competitors

Rank  Company Name  Zippia Score  Average Salary  
1Summit Consulting4.1$64,755
2MassMutual4.8$63,938
3Symetra4.6$63,643
4RLI4.8$61,588
5Integro4.2$60,419
6Merchants Insurance Group3.8$60,384
7AmWINS Group4.8$59,559
8Minnesota Mutual Companies Inc4.0$59,191
9New York Life Insurance4.8$59,051
10RBC Insurance Holdings4.3$58,873
11PMSI4.5$57,542
12ACE Group Holdings Inc4.3$50,416
13SIA Group, Inc.4.0$47,738

Penn Mutual Salaries By Department

Salaries at Penn Mutual can vary depending on the department or organizational function. Employees who work in the engineering organizational function tend to get paid the most at at Penn Mutual, earning an average yearly salary of $108,409. The it department also pays well, with an average salary of $91,851 per year. Departments that don't pay as well at Penn Mutual include the customer service and administrative organizational functions, with employees earning $37,794 and $41,517, respectively.

Salaries By Department At Penn Mutual

Rank  Department  Average Penn Mutual Salary  Hourly Rate  
1Engineering$108,409$52.12
2IT$91,851$44.16
3Business Development$77,120$37.08
4Finance$70,212$33.76
5Plant/Manufacturing$67,781$32.59
6Sales$65,794$31.63
7Accounting$63,767$30.66
8Art/Design$62,937$30.26
9Marketing$57,280$27.54
10Administrative$41,517$19.96
11Customer Service$37,795$18.17

How Much Does Penn Mutual Pay by Department?

Best Paying Penn Mutual Engineering Position Salaries

Rank  Position  Average Penn Mutual Salary  Hourly Rate  
1Software Engineer Lead$125,508$60.34
2Senior Software Engineer$120,135$57.76
3Data Architect$117,288$56.39
4Senior Project Manager$111,398$53.56
5Manager, Configuration Management$102,197$49.13
6Applications Development Specialist$97,715$46.98
7Technical Project Manager$95,800$46.06
8Informatica Consultant$95,378$45.85
9Applications Programmer$94,058$45.22
10SQL Server Developer$91,492$43.99
11Business Intelligence Developer$90,986$43.74
12Programmer Analyst$78,305$37.65
13Conversion Specialist$67,899$32.64

Best Paying Penn Mutual Finance Position Salaries

Rank  Position  Average Penn Mutual Salary  Hourly Rate  
1Risk Manager$122,904$59.09
2Portfolio Manager$121,084$58.21
3Actuarial Technician$105,931$50.93
4Quantitative Analyst$102,740$49.39
5Actuarial Analyst$84,448$40.60
6Investment Banking Internship$81,863$39.36
7Retirement Plan Specialist$78,120$37.56
8Wealth Management Internship$76,576$36.82
9Finance Advisor$73,523$35.35
10Underwriter$69,712$33.52
11Underwriting Consultant$69,315$33.32
12Wealth Management Advisor$62,742$30.16
13Registered Representative$53,718$25.83
14Senior Claims Examiner$46,603$22.41
15Insurance Specialist$42,793$20.57
16Loan Administrator$40,091$19.27
17Finance Representative$38,342$18.43
18Advising Assistant$37,711$18.13
19Claim Processor$33,604$16.16

Best Paying Penn Mutual Administrative Position Salaries

Rank  Position  Average Penn Mutual Salary  Hourly Rate  
1Regional Administrator$74,779$35.95
2Records Supervisor$60,317$29.00
3Administrative Manager$60,181$28.93
4Office Manager$54,996$26.44
5Product Management Internship$46,786$22.49
6Case Administrator$44,029$21.17
7Case Coordinator$41,466$19.94
8Secretary$39,606$19.04
9Intake Coordinator$38,868$18.69
10Administrative Assistant$36,357$17.48
11Office Assistant$33,027$15.88
12Data Entry Clerk$30,056$14.45
13Director Of First Impression$30,052$14.45
14Receptionist$28,554$13.73
15Control Clerk$22,920$11.02

Recently Added Penn Mutual Salaries

Job  Location  Date Added  Salary  
Director Software ArchitectureHorsham, PA03/07/2022$151,225
Software Engineer-Content ManagementHorsham, PA02/24/2022$80,000
Data Integration SpecialistHorsham, PA01/26/2022$120,529
Senior Software EngineerHorsham, PA01/25/2022$114,444
Senior Software EngineerHorsham, PA11/10/2021$143,310

Frequently Asked Questions About Penn Mutual Salaries

Is the pay good at Penn Mutual?

Yes, the pay is good at Penn Mutual. Compared to the industry average of $59,007 per year, the average annual salary at Penn Mutual is $67,000, which is 14% higher.

What is the starting salary at Penn Mutual?

The starting salary at Penn Mutual is $34,000 per year, or $32.21 per hour.

How much does Penn Mutual pay compared to New York Life Insurance?

Penn Mutual pays $67,000 per year on average compared to New York Life Insurance which pays $59,051. That works out to $32.21 per hour at Penn Mutual, compared to $28 per hour at .

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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.