Penn Mutual reviews

3.9

73% would recommend to a friend

(272 total reviews)
avatar

David O’Malley

80% approve of CEO

68% positive business outlook

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).

Reviews by job title

272 reviews
1.0
Apr 9, 2015
Recommend
CEO approval
Business Outlook

Pros

They have a nice leaders trip annually.

Cons

If you want to build your own practice, you will be surprised when you leave, as the local office will take over your clients and do everything thing they can to prohibit you from continuing your relationship with your clients. They practice the same game the big wire houses play with your clients when you leave, even though they say the clients are yours when you arrive, they are not. There is a small part in everyone's contract that now allows for Penn Mutual this ability to go after your clients and not reappoint you as an independent agent should you leave.

2.0
Mar 31, 2015

Don't walk..run

Recommend
CEO approval
Business Outlook

Pros

-Decent, kind employee population. -Very little pressure for growth or continuous improvement. -Ok for someone looking for a quiet, sleepy and sometimes stogy environment.

Cons

-Immature, untested and self-absorbed COO. -A CEO who is just biding her time until retirement. -Poor leadership from senior managers on up who are only interested in being "stewards" and have no skill (or interest) in mitigating any level of risk or cultivating real growth. -Mean spirited, petty behaviors from executive leadership. -Environment will never attract A players since the clear majority of leadership are C players.

4.0
Mar 30, 2015

Manager

Recommend
CEO approval
Business Outlook

Pros

Good people, good pay, good culture.

Cons

Business units still work in silos.

Viewing 232 - 234 of 272 Reviews

Glassdoor has 320 Penn Mutual reviews submitted anonymously by Penn Mutual employees. Read employee reviews and ratings on Glassdoor to decide if Penn Mutual is right for you.