David O’Malley is the president and chief operating officer for the Penn Mutual Life Insurance Company and has overall responsibility for all of the company’s operating areas, which ensures a seamless experience for both producers and clients.
Dave joined Penn Mutual’s Investment Department in 1994 and his extensive knowledge in the investment field enabled him to build a highly successful career that has led to positions of increasing complexity. His expertise in derivatives and asset-liability management has been instrumental in designing the company’s hedging and risk management programs.
Additionally, Dave serves on the board of managers of the full service broker firm Janney Montgomery Scott LLC, a wholly-owned subsidiary of Penn Mutual. He also serves on the Saint Joseph University’s Academy of Risk Management and insurance board of governors, on Drexel University’s President’s leadership council and serves as trustee with Thomas Jefferson University Hospital.
Dave graduated summa cum laude from Drexel University in Philadelphia, with a bachelor’s degree in finance and economics.