Key Leaders to Deliver on Penn Mutual Service Excellence,
Expanded National Distribution and Growing Affiliated Financial
Professional Organization
HORSHAM,
Pa., May 20, 2024 /PRNewswire/ -- The Penn
Mutual Life Insurance Company (Penn Mutual) is pleased to announce
the expansion of our Enterprise Leadership Team, with key
appointments in Operations, Distribution and 1847Financial, Penn
Mutual's national organization for affiliated Financial
Professionals.
Stephen Kennedy has joined
Penn Mutual as Chief Operating Officer. Stephen will be
responsible for Penn Mutual operations, including service and
underwriting, as we continue to deliver service excellence to our
Financial Professionals and policyholders.
Stephen joins us from Thrivent, where, as COO, he built a
service-first mentality across the organization and spearheaded
numerous initiatives to set new benchmarks for client and Financial
Professional satisfaction. He brings more than three decades of
experience in the financial sector, including senior leadership
roles at Allianz and AIG American General. Over the course of his
career, Stephen has developed strong relationships with Financial
Professionals and a deep appreciation for their businesses and
needs as our customer.
"I'm thrilled to join Penn Mutual, a strong mutual company
with a rich legacy and long-standing dedication to Financial
Professionals and policyholders," said Stephen. "It's clear that
Penn Mutual has a strong customer service orientation, rooted in
core values of acting with integrity, building relationships and
delivering on promises. These values will guide our teams in our
continued focus on achieving operational excellence."
Jennifer Dorfmeister has
been promoted to Chief Distribution Officer. She will
continue to lead the Independence Financial Network, with the
expansion of her responsibilities to include the complete marketing
and distribution of Penn Mutual life insurance and annuity products
to independent Financial Professionals.
Jennifer has more than 20 years of experience within the life
insurance industry, with the past 8 years with Penn Mutual, where
she has grown our strategic distribution relationships and expanded
our highly regarded, national advanced sales support team. These
accomplishments have solidified Penn Mutual as a leader in life
insurance in key markets.
Heather Nagengast has been
promoted to the Enterprise Leadership Team as President of
1847Financial. 1847Financial provides affiliated Financial
Professionals with a full scope of solutions and services in life
insurance and wealth management, along with dedicated resources in
business and sales development, practice management, marketing and
more. Heather's responsibilities have expanded with the alignment
of Hornor, Townsend & Kent (HTK) within 1847Financial, to
continue to support affiliated Financial Professionals seeking
comprehensive, flexible wealth management solutions with the
backing of strong mutual company.
Heather brings more than 20 years of financial services
experience, and joined Penn Mutual in 2022. During that time, she
has transformed our affiliated distribution model to a premier
destination for Financial Professionals focused on holistic
planning and seeking the support and growth available from local
firm leadership and national support.
"Penn Mutual is proud to welcome Stephen, Jennifer and Heather
in these new leadership positions as we execute on our business
strategy through 2024 and beyond," said Dave O'Malley,
Chairman, President and Chief Executive Officer. "With
top-notch leadership across our enterprise, we are well-positioned
for continued success in delivering the products and services to
best support our Financial Professionals and policyholders."
About The Penn Mutual Life Insurance Company
For over 175 years, Penn Mutual has empowered individuals,
families and businesses on the journey to achieve their financial
goals. Through our partnership with Financial Professionals across
the U.S., we help generations grow stronger by instilling the
confidence and reliability that comes from a secure financial
future. Penn Mutual and its affiliates offer a comprehensive suite
of competitive and robust solutions to meet the unique needs of
Financial Professionals and their clients, including life
insurance, annuities, wealth management and institutional asset
management. To learn more, including current financial strength
ratings, visit www.pennmutual.com.
©2024 The Penn Mutual Life Insurance Company, 600 Dresher Road,
Horsham, PA 19044
Securities and investment advisory services offered through
Hornor, Townsend & Kent, LLC (HTK), 600 Dresher Road,
Horsham, PA 19044. 800-873-7637,
www.htk.com. Registered Investment Adviser, Member FINRA/SIPC. HTK
is a wholly-owned subsidiary of The Penn Mutual Life Insurance
Company.
6633329RG_May26
Contact:
Stephanie Kensy
Penn Mutual
215-956-8337
corporatecommunications@pennmutual.com
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SOURCE The Penn Mutual Life Insurance Company