Penn Mutual Life Insurance Management reviews

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1.0
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Worst Job Experience Ever
Senior Corporate Bond Analyst (Former Employee) –  Horsham, PAOctober 25, 2018
I only worked there for 10 months, and the Chief Investment Officer at the time lacked both communication and managerial skills. The one positive thing that I can say is that the compensation was decent.
Pros
Compensation was decent.
Cons
Poor management at the time.
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3.0
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Productive work environment
FINANCIAL ADVISOR (Former Employee) –  Mutual, PAOctober 23, 2018
Penn Mutual Insurance is a friendly, competitive, work environment. The company does provide training and mentoring. The hardest part of the job is time management.
Pros
Flexible work hours
Cons
compensation
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2.0
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Terrible
Financial Advisor (Current Employee) –  Edison, NJAugust 1, 2018
Management was terrible with training and terrible with one on one meetings. Also things weren't based off the honors system. people with 0 payed commission gets an office and easy term conversion leads and they couldn't close those.
Pros
none
Cons
Managers suck
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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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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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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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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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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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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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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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4.0
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Fun Work Place
Manual Tester (Former Employee) –  Mutual, PAAugust 21, 2017
Company was good and team was extra ordinary and helpful in every step of the project. Had Fun environment and great team to work with. Management was great at all the times.
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4.0
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Great company to work for.
New Business Associate (Former Employee) –  Horsham, PAApril 30, 2017
Excellent company to work for. Many opportunities for advancement, along with training seminars. I learned a lot about being in a corporate environment. Work incentives and fun activities to join. Large mix of cultures. Most of the management was good to work with. Had a nice gym and personal trainer. Also had a life skills coach for your moral. Unfortunately some should not have been put into management positions.
Pros
Good salary, room for advancement, good moral
Cons
Some very poor management decisions
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4.0
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Great Culture
Internal Audit Specialist (Audit Supervisor) (Former Employee) –  Horsham, PAApril 14, 2017
Great place to work. The firm does not want to be #1 in its industry, so the stress that competition brings is not present. Management is caring and understanding. Relaxed work environment, casual dressing. You will learn a lot about the insurance and broker-dealer industry.

Audit management dictates what risks to address/assess and how. Little flexibility on the planification of an Audit. Most testing is substantively based and not based on risk or control based.

A seasoned Auditor may find this is not a fit for them. Opinions that differ from Audit Management's perspective are not well received.
Pros
Great work-life balance; good people
Cons
You have to be a "yes man" in order to move up or stay on the job
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1.0
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Unhappy
Case Administrator (Current Employee) –  Horsham PAJanuary 31, 2017
Been here since 2008. The pay hasn't increased with the multiple additional responsibilities i took on. They morph you into roles and provide zero benefit. Large discrepancy in payment between job levels. Benefits were bad and recently got worse now lacking hsa funding. Unsure how they even hold onto certain levels of employees here.
Pros
None
Cons
Salary, benefits, opportunity to grow within certain roles lacks.
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4.0
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no advancement
CSR - Customer Service Representative (Current Employee) –  Horsham, PANovember 1, 2016
no room to grow at all
management constantly changing
good culture but it is getting lost
change job roles whenever they seem fit
no raises
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2.0
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Not my best experience
WEALTH MANAGEMENT ADVISOR (Former Employee) –  Atlanta, GAOctober 28, 2016
Great turnover of directors.Communication between management and employees is not the best and there is not a lot of collaboration between employees
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Overall rating

3.5
Based on 70 reviews
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