Benefits
Total Rewards for the Whole You
Life isn’t one-size-fits-all — and your benefits shouldn’t be either.
That’s why our Total Rewards package is designed to be both flexible and comprehensive, giving you the freedom to choose what fits your life best. Whether it’s your health, financial security, family, or future, we’re committed to supporting what matters most to you.
We've Got You Covered
Through our comprehensive Total Rewards, Penn Mutual provides you and your family with important coverage, financial protection and work-life balance.
- Market-based compensation programs, including base salary and bonus programs
- Pay-for-Performance Philosophy
- Deeply subsidized medical and dental plans with coverage starting on Day 1
- Choice between PPO and High Deductible Plan medical options, paired with either a Flexible Spending Account or Health Savings Account
- A wide range of 100% employer-paid benefits, including basic life insurance, disability coverage, mental wellness program, family planning benefits, and a weight loss program.
- 401(k) Plan with a 7% profit share deposited each pay period – regardless of whether you contribute. PLUS up to an additional potential 5% profit share based on company performance
- A rich offering of optional benefits, including dependent life, critical illness insurance, accident insurance, pet insurance, and legal insurance
- Remote work
- Competitive paid time off
- Paid Parental Leave
- Up to $10,000 reimbursement for a Bachelor’s Degree and up to $20,000 reimbursement for a Master’s Degree
- Career coaching
- Industry specific learning programs
- Performance based culture focused on real time feedback
- Employee-to-Employee Recognition Platform
Taking Care of You
- Generous paid time off including holidays, vacation, personal and sick, floating holidays, bereavement and volunteer hours
- Ten weeks paid parental leave at 100% for the birth or adoption of a child
- $20,000 stipend through Carrot Fertility to assist with family forming
- Tuition assistance for certifications, undergraduate or advanced degree programs
- Company sponsored scholarship program for children of employees
- Employee grant program to support employees in crisis
- Mental wellness benefit through Lyra for you and your family