Wade Harrison Appointed as President of Penn Mutual Life Insurance Company

Wade Harrison Takes the Helm as President of Penn Mutual

On November 3, 2026, Penn Mutual Life Insurance Company announced the appointment of Wade Harrison as its new President. Harrison, who brings over 30 years of extensive experience in the life insurance sector, will lead the Enterprise Leadership Team and oversee the company's daily operations, aiming to enhance Penn Mutual's service to its network of financial professionals and policyholders.

Prior to joining Penn Mutual, Harrison held the position of Vice Chairman and Chief Operating Officer at Protective Life, where he led various key functions essential to life insurance operations. His leadership experience includes managing a substantial virtual workforce across multiple U.S. locations, demonstrating his adaptability and forward-thinking approach to modern business practices.

Dave O'Malley, the current Chairman and Chief Executive Officer, expressed trust in Harrison's ability to advance the company’s strategic goals. "Wade brings deep industry knowledge, extensive experience, and a strong connection to our purpose and commitment to mutuality," O'Malley stated. This sentiment reflects the critical transition Penn Mutual is undertaking as it seeks to bolster its position in the market and ensure long-term success.

Harrison himself commented on his new role, saying, "I'm honored to join Penn Mutual and a company with such a distinguished history, clear sense of purpose, and enduring commitment to policyholders. I look forward to listening and learning from Penn Mutual's employees and financial professionals, building strong relationships, and working together to build on the company's momentum."

An alum of the University of Illinois Urbana-Champaign with a bachelor's degree in actuarial science, Harrison also holds an MBA from the Kellogg School of Management at Northwestern University. Furthermore, he is a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries, underscoring his qualifications and expertise in the field.

For over 175 years, Penn Mutual has been a reputable partner for financial professionals throughout the U.S., placing a strong emphasis on providing protection solutions that help build secure financial futures for individuals, families, and businesses. The company and its affiliates offer a varied array of products and services tailored to meet the unique requirements of financial professionals and their clients, including life insurance, annuities, wealth management, and institutional asset management.

As Harrison steps into this pivotal role, the future for Penn Mutual looks promising. With his leadership, the company aims to continue its legacy of excellence while adapting to the evolving landscape of the life insurance industry. The insights and direction he brings to the organization could very well shape the company's path forward, enhancing its reputation and operational effectiveness in an increasingly competitive environment.

For more information about Penn Mutual, including current financial strength ratings, visit pennmutual.com.