Concerned about recent layoffs - Anonymous employee Penn Mutual Employee Review

3.0
Mar 2, 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Love the company and what we do, our leadership and our culture. The Horsham home office is a beautiful campus and the employees so friendly. Great place to work.

Cons

Just concerned about the layoffs since November 2017. Many long-time associates have been let go, with no opportunities for another position in the company for them to fill. Several mature women, with many years of service are gone. Concerned, yes. Fearful of job loss, yes. Trust factor, low. Hope it turns around in 2018.

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Penn Mutual Response
8y
Thank you for your post and feedback. We are happy to hear you feel Penn Mutual is a great place to work with a strong culture and leadership; we make it our priority to create a culture and work environment that is collaborative, respectful and inclusive. Regarding your concerns about recent layoffs, at times difficult decisions need to be made in order for us to achieve our long-term goals for our policyholders. Unfortunately, some of these decisions result in job loss and they are never made lightly; when they are necessary, we provide financial and career assistance to help impacted individuals transition smoothly. As we begin 2018, we’re optimistic that we are on course to achieve our business goals and lead within our industry.

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5.0
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Pros

Great benefits with continued improvements Fair salary Complete support of work life balance at all levels

Cons

Some business areas see very high work volumes with no additional staffing which causes burnout

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Penn Mutual Response
2w
Thank you for sharing your experience at Penn Mutual. We're glad to hear you appreciate our great benefits and the support for work-life balance. At Penn Mutual, we are guided by Our Shared Commitment to Care. Respect and Belonging. We're proud to see these values reflected in your experience. Thank you for being part of our journey.
3.0
Apr 17, 2026
Recommend
CEO approval
Business outlook

Pros

Base salary is standard within the industry and the benefits package is strong. The annual bonus is a genuine differentiator in total compensation. The work itself offered real opportunities to build technical skills, particularly for those in data and analytics roles, with access to projects that should have a meaningful business impact.

Cons

Organizational restructuring has been a recurring theme, creating uncertainty around team stability and long-term role security. Communication from senior leadership during periods of change was inconsistent, making it difficult to plan or feel confident in the direction of the company. Employees may find themselves in limbo when priorities shift at the leadership level.

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Penn Mutual Response
2mo
Thank you for taking the time to share your experience while working at Penn Mutual. We’re glad to hear that you valued our competitive bonus structure and growth opportunities. We appreciate your feedback regarding communication during times of change, and we welcome you to connect with a member of our HR team if you wish to discuss your feedback further. Thank you.
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