Dave Raszeja

Senior Vice President and Chief Financial Officer
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Dave Raszeja

Dave Raszeja joined Penn Mutual in 2001 and currently serves the company as Senior Vice President and Chief Financial Officer and is a member of the Executive Team.

Mr. Raszeja is responsible for Penn Mutual’s overall financial management function, including financial reporting, accounting, financial controls, actuarial valuation, financial analysis, risk management, financial operations and procurement, and benefits and payroll. He and his financial management team are stewards for Penn Mutual’s financial strength and stability, while providing oversight for the company’s historical commitment to policyholders.

His career with the company began as an actuarial assistant and included roles across the organization — in new business, investments, product management, and ethics — that provided a comprehensive understanding of Penn Mutual. Most recently, as SVP, financial management and chief risk officer, he ensured proper governance of risk practices and communication of risk strategy, while also leading aspects of financial reporting and corporate actuarial management.

In addition to his tenure with Penn Mutual, Mr. Raszeja was also appointed as one of the first adjunct professors of Columbia University’s Enterprise Risk Management master’s degree program. In 2019, he completed Harvard Business School’s Professional Leadership Development program.

Mr. Raszeja is a graduate of Rochester Institute of Technology and received his master’s degree in Mathematics from State University of New York at Buffalo. He is a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries.

Stories by Dave Raszeja

What You Need to Know about Insurance Ratings, and Why A.M. Best and Moody’s Just Affirmed Ours

By Dave Raszeja | April 14, 2020

Now more than ever, understanding the role of insurance ratings agencies can help you feel confident in the decision you make when you purchase a life insurance policy. In fact,… Read More

An Outside Perspective on Penn Mutual’s Values and Guiding Principles

By Dave Raszeja | December 19, 2014

Recently, Citigroup whistleblower and well-known public speaker, Richard Bowen, appeared at one of our events.