Penn Mutual Life Insurance Employee Reviews

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5.0
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Very comfortable work enviorment
NATIONAL SALES COORDINATOR - LIFE AND ANNUITY (Former Employee) –  Horsham, PAJuly 18, 2018
Collaborative across all teams. Each individuals input was welcomed and respected. The ability to cross over and work with multicable areas of the company to achieve goals was welcome.
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2.0
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shoud have inquired about other ER
Financial Advisor (Former Employee) –  New York, NYJuly 15, 2018
was only there a short time DO NOT KNOW WHY YOU PICKED THIS EMPLOYER???
cannot say much more

was in NYC and Long Island difficult to het to

training non existennt
Pros
gave me an opt
Cons
tough quota
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4.0
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Worked for the top office in the company
NEW BUSINESS COORDINATOR (Current Employee) –  Mount Laurel, NJMay 22, 2018
Worked in the top regional office with 11 other employees. We all got along and had fun while working hard to get the job done. I was able to work remote during the week and the office staff took turns on which days we would be out. Our direct manager created a team atmosphere which was a great work environment.
Pros
Remote work days. Great co-workers
Cons
office closing
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2.0
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Poor
Agent/Producer (Former Employee) –  Montgomery, ALMay 15, 2018
Management is no help. Term Life is not very competitive. Underwriting takes too long. Does have good marketing. Not forth coming about base salary and advice on contracts.
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3.0
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nice place to work, however they say they want to be transparent but they are not.
HR Systems, Director (Former Employee) –  Horsham, PAMarch 28, 2018
I really thought they were different. But, there was a change the last few years where they became a typical business; not being truthful on business objectives, hidden agenda's, etc.
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1.0
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Way better places to work
Financial Representative (Former Employee) –  AlabamaMarch 6, 2018
So I worked at the Alabama agency and honestly it was a terrible experience. The pay is great if you're actually working 40 hours a week. I was expected to work 50+ at a salaried rate. No ot period. That's fine if it's every now and then, but every week? No. Also don't expect to get to do things on your own either. The managers will go on every appointment with you and usually completely take over the meeting then blame you when deals don't work out. Also expect to have someone looking over your shoulder constantly when you're working on something. Extremely rude by the way.
Pros
Free food was nice
Cons
Management breathing down your neck
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3.0
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Busy place to be
Customer Service Representative (Former Employee) –  Horsham, PAFebruary 9, 2018
Tough job depending on one's personality. The culture there is friendly at first, but then it's all business. It is best to make friends there quickly or else you'll be shown the door.
Pros
Great Cafe
Cons
Short breaks, people watching you always
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5.0
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Great Company
Broker/Dealer HTK (Current Employee) –  Wilton, CTFebruary 6, 2018
Great Culture wonderful training fantastic place to work. The products are top notch and the management team is there for you to help you along and give you all of the support you could ever need. if someone is looking to start a career in Financial Services Penn Mutual is one of the best places to do so.
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4.0
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Culture
Manager, Network Administration (Former Employee) –  Horsham, PAJanuary 23, 2018
A good company to work for. Challenging, collaborative environment. Easy to work with associates across departments to successfully complete tasks.
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4.0
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Good Culture
SENIOR PROJECT MANAGER (Former Employee) –  Horsham, PAJanuary 23, 2018
Very good place to work. however recently company seems to be headed into a new direction and has been releasing associates with 10+ years in favor of younger workers.
Pros
good culture
Cons
no feeling of security
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4.0
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Great work life balance
Associate (Current Employee) –  Horsham, PAJanuary 20, 2018
Penn mutual has a great work life balance and the pay is fair if you're willing to go the extra mile, however there is a lack of effective management and career advancements.
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4.0
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Strong Culture
AVP (Former Employee) –  Horsham, PAJanuary 10, 2018
Penn Mutual delivers a strong culture allowing individuals to contribute and succeed ensuring the company goals are met, advisers are positioned to succeed and clients get the most competitive product and experience.
Pros
Strong management
Cons
Career advancement limited
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5.0
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Productive
Financial Representative (Former Employee) –  Boca Raton, FLJanuary 10, 2018
Great training. Great support. Great learning.
They train you about marketing, prospecting, foster a great environment.
The focus is on building your career and you whilst looking out for the best interest of the client.
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1.0
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Set Up For Failure
Investment Advisor Representative (Former Employee) –  La Jolla, CAOctober 31, 2017
The company told me to submit 6 applications in 60 days or $6,000 in commission and then I will start getting paid a salary. In the life insurance application it said I don't need to collect a check from anyone to submit an application.

Then once I start getting paychecks the quota is pretty high to maintain for over 2 years for most agents. Even the top producers with the best warm markets that I saw were starting to cool off before their first year was over, and even they probably have to get cut slack to stay on board because they have trouble hitting the quota.

The quota is high because the company wants to have just cause to fire anyone they want to.

Companies change people change, so if you're reading this maybe it's changed.
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2.0
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Was once a great company
Case Administrator (Former Employee) –  Horsham, PAOctober 12, 2017
This was an excellent company until they started promoting people with no experience or people skills to management positions. It destroyed the area I was working in and allowed management to hire 'similarly' aged employees. Expectations were unrealistic and not everyone is held to the same standards. Management allows good people to leave and or get fired and keeps people on staff that make them look good. Salary and job titles based on friendships, not education or knowledge base.
Cons
very much like high school, no management control
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4.0
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Good employer
Annuity Specialist (Former Employee) –  Horsham, PAOctober 4, 2017
I had no complaints working for this company. the culture there was excellent. They really supported their employees and had a great training program.
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5.0
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Great mid-size company
Manager, Sales Training (Former Employee) –  Horsham, PASeptember 18, 2017
Penn Mutual was a great place to start my civilian career. It was a great learning experience.
This mid-size company give opportunity for you to truly make a difference and have an impact on the strategic direction of the company.
I would recommend working at this company.
Pros
advancement opportunity
Cons
none
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4.0
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Good work environment. Options for beginners to recieve salary while training.
Financial Planner and Insurance Agent/Sales (Former Employee) –  Birmingham, ALSeptember 12, 2017
Great place to work. Be prepared for high pressure management, though. They have great options such as paid fellowships to help college graduates and persons new to the field.
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2.0
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New Operation
Financial Adviser/CAS (Former Employee) –  Hendersonville, TNSeptember 11, 2017
New Penn Mutual office open it was a new training program which overlapped sales times to have people actually make a living. In addition to obtaining a series 6 and 63, After studying and obtaining series licence program changed to Series 7. A bit of confusion on program requirements and not enough time to make actual sales.
Pros
great group of positive people
Cons
too many meetings and trainings
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4.0
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Great company to work for when I was there
State Filing Coordinator (Former Employee) –  Horsham, PAAugust 30, 2017
I was laid off due to company re-structuring back in September 2013. That is the only reason why I left the company. While there I really enjoyed how upper management interacted with their employees and showed they cared. It was a great work environment that is hard to find anymore.
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Overall rating

3.6
Based on 63 reviews
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3.6Work/Life Balance
3.5Compensation/Benefits
2.8Job Security/Advancement
2.9Management
3.3Culture

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