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Penn Insurance & Annuity Co Salary

Penn Insurance & Annuity Co Salary

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As of August 2026, the average annual salary for employees at Penn Insurance & Annuity Co in the United States is $99,025. This translates to an approximate hourly wage of $48. Salaries at Penn Insurance & Annuity Co typically range from $87,099 to $111,989 annually, reflecting the diverse roles and experience levels within the company.
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Is Penn Insurance & Annuity Co’s Pay Competitive? Salary Benchmarking Analysis

How does Penn Insurance & Annuity Co's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
GHT Insurance Agency Inc $94,025
-5.0%
Reflects market rates for standard general contracting, differing from specialized roles.
Lovins Insurance Agency $89,837
-9.3%
Lovins Insurance Agency operates with a leaner overhead structure, impacting base wage offers.
Managed Care Administrators Inc $92,780
-6.3%
Managed Care Administrators Inc likely leverages performance bonuses over the high base salary shown here.
Potomac Insurance Network $92,706
-6.4%
Potomac Insurance Network may offer non-monetary perks in lieu of competitive base salaries.
Insurance Industry $123,858
+25.1%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Penn Insurance & Annuity Co's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Penn Insurance & Annuity Co. Click a company name to learn more.

Employee Reviews: Working at Penn Insurance & Annuity Co

Considering a career at Penn Insurance & Annuity Co? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The benefits package is adequate, covering essentials like health and dental. The office space is modern, and remote work options are a big plus. I’ve enjoyed my time here and would recommend it to anyone looking for a career in insurance. The job responsibilities are clearly defined, and expectations are reasonable. Compensation is fair, and benefits are strong.
Commented in April 17, 2025
42
3
A top workplace. The company culture is inclusive, and there’s a strong emphasis on professional development. The work is challenging but rewarding, with clear career progression paths. Colleagues are competent, and communication is clear. The work-life balance is excellent, and the company offers flexible hours, which is a huge plus. Company adapts well to industry changes.
Commented in October 09, 2024
50
0
The workload is manageable, and benefits are strong. I appreciate the comprehensive benefits package, including health coverage, retirement plans, and wellness programs. It’s a great environment for those who value both professional growth and personal well-being. The organization runs smoothly with well-defined processes.
Commented in March 29, 2024
13
1

Penn Insurance & Annuity Co Overview

Website
Data pending, update soon.
Founded In
1980
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
1209 N Orange St Wilmington Delaware DE
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Penn Insurance & Annuity Co
Penn Insurance & Annuity Co is a company that operates in the Insurance industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Wilmington, Delaware.

What Benefits Does Penn Insurance & Annuity Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Penn Insurance & Annuity Co offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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FAQs of Penn Insurance & Annuity Co

1. What is the typical salary range (low to high) for most roles at Penn Insurance & Annuity Co?

The typical annual salary range for most roles at Penn Insurance & Annuity Co is approximately from $87,099 to $111,989. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Penn Insurance & Annuity Co pay compared to GHT Insurance Agency Inc?

The average annual salary at Penn Insurance & Annuity Co is $99,025, or an hourly wage of $48, in comparison to GHT Insurance Agency Inc which pays $94,025 per year or $45 per hour.

3. How does experience level affect salary at Penn Insurance & Annuity Co?

Experience level is a significant factor in determining salary at Penn Insurance & Annuity Co, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. What are the key factors that influence salary levels at Penn Insurance & Annuity Co?

Several key factors influence salary levels at Penn Insurance & Annuity Co. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Penn Insurance & Annuity Co likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.

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