Penn Mutual Reviews | Glassdoor

Penn Mutual Reviews

Updated November 12, 2018
125 reviews

Filter

Filter

Full-timePart-time

3.5
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Penn Mutual Chairman and CEO Eileen McDonnell
Eileen McDonnell
70 Ratings

125 Employee Reviews

Sort: PopularRatingDate

Pros
  • "The company has great people to work with" (in 9 reviews)

  • "Relaxed and friendly work environment" (in 6 reviews)

Cons
  • "Slow paced, outdated technology stack" (in 4 reviews)

  • "Some field office don’t even hire women in either internal and external sales positions yet the company markets as being a great job for women" (in 3 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (2)

    "Job Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in Birmingham, AL
    Former Employee - Intern in Birmingham, AL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Penn Mutual full-time (Less than a year)

    Pros

    Great environment, diverse, friendly employees, head manager is easy to confront and always willing to help and give advice, can do very well very quickly, flexible, well known throughout the state, many benefits and good pay

    Cons

    None, great company to work for


  2. "Great Team"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Penn Mutual full-time

    Pros

    Lots to learn from different projects

    Cons

    Slow paced environment, but it's life insurance

  3. "Good work environment and life balance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Horsham, PA
    Former Employee - Anonymous Employee in Horsham, PA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Penn Mutual full-time

    Pros

    Work life balance
    Employee perks and little niceties they offer

    Cons

    Inconsistent management. Had a great manager and then a terrible one. Reported to an engaged executive with clear direction and one that was the opposite.

    Limited top end opportunity as higher positions filled mostly by outside hires.

    Promote values but not all leaders abide to them.


  4. "Customer Service Call Center"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Positive Outlook
    Approves of CEO

    I worked at Penn Mutual full-time

    Pros

    Long term stable employer that does not seem like it will be merging with anyone or being bought out by a larger company

    Cons

    They are supposed to have a structured 6-8 week training period. It is not very structured. There is no stability to the training program. There are several operating systems that you have to deal with for each call that are not exactly user friendly.

    Advice to Management

    Work on a structured training program where the trainer actually stays in the room the whole time instead of getting pulled out of the class numerous times a day. It's very difficult to get into a training rhythm when you are left alone in your class for hours at a time.


  5. "Penn Mutual Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Penn Mutual full-time

    Pros

    Decent employee benefits and work hours.

    Cons

    Not a clear path for upward mobility.


  6. "Internal Wholesaler"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Penn Mutual full-time

    Pros

    Fast paced environment. Learned a lot sales strategies and techniques.

    Cons

    Not so much a con, but it was entry level.


  7. Helpful (2)

    "Financial Adviser"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Negative Outlook
    Approves of CEO

    I worked at Penn Mutual full-time

    Pros

    Base salary, good support network, surrounded by highly motivated individuals.

    Cons

    Without having several built in marketing avenues, just like other companies in this industry you will become the 83.7% of those who fail out in their first 3 years.e

    Advice to Management

    More reviews and help marketing, less focus on product on more on how to acquire clients.

  8. Helpful (5)

    "Mutual Respect"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate
    Former Employee - Associate
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    The organization gives back to the local community.

    Cons

    Penn Mutual is inconsistent with its own values. The values are written clear on paper but not in the way they are carried out by the most senior executive team members.

    Advice to Management

    Senior leadership should show respect to one another and to all levels of the organization at all times.

    Penn Mutual Response

    Jun 26, 2018 – AVP, Human Resources

    Thank you for your review and candid feedback. At Penn Mutual, our guiding principles apply to everyone in our company from interns on up through our Chairman and CEO. These principles include... More


  9. Helpful (4)

    "Not the best place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Penn Mutual full-time

    Pros

    Some co-workers are great.

    Cons

    Almost everything- the company is still in the old ages particularly the field staff is still operating as the old “boys” club. Some field office don’t even hire women in either internal and external sales positions yet the company markets as being a great job for women.

    Advice to Management

    HR needs to keep watch on the actual hiring and managemt of its field staff because many laws are being consistently broken.

    Penn Mutual Response

    Jun 4, 2018 – AVP, Human Resources

    Thank you for the feedback it is very important to us. Your experience is counter to what we expect of our advisers, associates and leaders at Penn Mutual. We strongly believe that diversity at... More


  10. Helpful (4)

    "Same Old Same Old"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Agent in Hollywood, FL
    Former Employee - Sales Agent in Hollywood, FL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Penn Mutual full-time (Less than a year)

    Pros

    Claimed that they are different and have many marketing opportunities , seminars etc. Then they asked you to make a list of friends and family, which is a big red flag for zero marketing system.

    Cons

    Everything I experienced. Nothing Positive

    Advice to Management

    Help agents with ways to acquire leads. Invest in your agents progress and your return will be rewarded with less turnover and I'm sure more financial growth for Penn Mutual.


Showing 125 of 144 reviews
Reset Filters