Average Salary for PennyMac Employees

Operating out of Moorpark, Calif., mortgage lending / loans / credit products company PennyMac employs talent in positions ranging from Financial Analyst to Business Analyst. The median salary at PennyMac is $64K annually. Though how long you've been working and your job title are influential salary factors for those at PennyMac, geography turns out to have the greatest impact on paycheck size. The data in this summary comes from the PayScale salary survey.

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PennyMac Median Salary by Job

MinMax

Financial Analyst
5 profiles
$56,042
$54K$60K

Vice President (VP), Analytics
2 profiles
$124,254
$96K$155K

Performance Improvement Analyst
2 profiles
$64,932
$51K$81K

Quality Assurance (QA) Specialist
2 profiles
$47,265
$34K$66K

  • Currency: USD
  • Updated: 16 Jul 2017
  • Individuals Reporting: 35
  • View Table

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Find out more about pay at PennyMac

About This Company

Moorpark, California 

Mortgage Lending / Loans / Credit Products


Source: Freebase

Locations

When it comes to location, the highest average paycheck (approximately $110K per year) can be spotted in Westlake Village, Calif.; Thousand Oaks, Calif. ($77K), the company's headquarter city of Moorpark, Calif. ($69K), and Dallas, Texas (around $65K) are the next top-paying cities. On the lower end is Los Angeles, Calif. at about $61K. The highest pay by state can be found in California, where salaries average out at $74K annually.

Years of Experience

Those who have five to nine years of work experience see average salaries of approximately $64K per year. For those with one to four years of experience, median paychecks reach about $66K annually. The largest fraction of PennyMac people (36 percent) have been working for 10-19 years and earn around $82K per year on average.

Jobs

Bringing in the most money are Performance Improvement Analysts — their earnings average $65K annually. Business Analysts are a close second at $64K along with Financial Analysts ($56K).

Certifications and Degrees

PennyMac compensates Master of Business Administration (MBA), Finance-holders the most at $105K per year.

Skills

The highest-paying skill to have may be Financial Analysis; employees who claim proficiency also report a higher average salary of approximately $75K annually. Data Analysis is a popular skill among PennyMac workers, with over one-half of those surveyed reporting using it on the job. Many workers are also familiar with Microsoft Excel, Financial Modeling, and SQL.

Benefits and Perks

To plan for old age, most employees maintain savings accounts through the company's 401(k) plan. Health insurance is part of the package for most survey participants, and for most workers, dental coverage is too.

PennyMac Job Listings

Key Stats for PennyMac

Gender

Female
53 %
Male
47 %
Salary
$45,958 - $103,177
Salary
$54,495 - $81,313

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 9 votes.
Less than 1 year
4%
1-4 years
41%
5-9 years
22%
10-19 years
30%
20 years or more
2%
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Years in Fields/Career:
United States (change)

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