Does Penn Mutual pay their employees well?

According to anonymously submitted Glassdoor reviews, Penn Mutual employees rate their compensation and benefits as 4.1 out of 5. Find out more about salaries and benefits at Penn Mutual. This rating has decreased by 3% over the last 12 months.

How satisfied are employees working at Penn Mutual?

73% of Penn Mutual employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Penn Mutual 4.3 out of 5 for work life balance, 3.9 for culture and values and 3.7 for career opportunities.

What are the top reviewed jobs at Penn Mutual?

Financial Advisor (16) , Customer Service Representative (9) , Manager (8) , Actuarial Intern (6) , Intern (6) , Associate (5) , Senior Software Engineer (5) , Customer Service Representative (CSR) (4) , Director (4) , Software Engineer (4) , Financial Professional (3) , Vice President (3) , Account Manager (2) , Administrative (2) , Advisor (2)

What are the pros of working at Penn Mutual according to real employee reviews?

"This company has a great culture even for being remote and they invest in your development." ((in 36 reviews)); "People are great and there are lots of activities." ((in 32 reviews)); "Working from home and benefits are great." ((in 25 reviews)); "Great Training, they really take the time to care for each and everyone of their employees." ((in 12 reviews)); "Good work/life balance." ((in 11 reviews))

What are the cons of working at Penn Mutual according to real employee reviews?

"Manager seems absent" ((in 8 reviews)); "Biased in terms of promotion and low salary" ((in 7 reviews)); "Frequent layoffs" ((in 5 reviews)); "There's no growth opportunities." ((in 3 reviews))

What are employees saying about Penn Mutual layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Penn Mutual layoffs and their outlook for job security at Penn Mutual in 2026.

What are the top reviewed Penn Mutual locations?

Horsham , Philadelphia , Birmingham , Chicago , New York , Cincinnati , Redwood Shores , Oklahoma City , Charlotte , Brentwood , Redwood City , San Francisco , Baton Rouge , Overland Park , Conshohocken , Dresher , Naples , Waltham , Phila , Edison , Parlin , Saint Charles , Richmond , West Islip , Rochester , Raleigh , Dallas , Cave Springs , Nashville , Irvine

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Penn Mutual

Penn Mutual reviews

3.9

73% would recommend to a friend

(272 total reviews)

David O’Malley

80% approve of CEO

68% positive business outlook

Ratings by category

4.3

Work/Life balance

4.1

Diversity & inclusion

4.1

Compensation and benefits

3.9

Culture & values

3.7

Senior management

3.7

Career opportunities

Penn Mutual has an employee rating of 3.9 out of 5 stars, based on 272 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Penn Mutual employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

272 reviews

5.0

Mar 6, 2017

Penn Mutual is a Great Company

Associate

Recommend

CEO approval

Business Outlook

Pros

Everyone at the Home Office is so collaborative and supportive. It is great to see everyone work together so effectively. To top it off, Penn Mutual had a great year and it was so nice to see that our bonus was 103% and we are receiving a 4% profit sharing bonus into our 401k retirement plan. That is like icing on the cake.

Cons

Fitness Instructor Availability. There is only one fitness instructor available and times are very limited due to a lot of employees using him. The company should try to get another fitness instructor. That's a good problem to have when you have that many people using the fitness center.

Penn Mutual Response

Thanks for your feedback. We were pleased to announce that we had another successful year. The company's success is everyone's success and we love giving back to our associates. I'm happy to hear that you are having such a positive experience at Penn Mutual. We really feel our culture is unique and a differentiator. Thank you for the suggestion on getting an additional fitness instructor and we will look into it. Agreed that it's a good problem to have!

3.0

Nov 18, 2016

Project Management

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good benefits and 401 K match

Cons

Struggles with open communication at middle management level

4.0

Sep 25, 2016