How many employees work at Pen Underwriting?

Pen Underwriting Ltd. has approximately 325 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Pen Underwriting’s total headcount has declined 1.2% from 329 employees in 2023 to 325 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 20232026Published August 2026

Is Pen Underwriting hiring right now?

Yes, Pen Underwriting is actively hiring. Pen Underwriting had 17 active job postings in 2026, a 61.5% increase from 2025 see job openings & hiring trends.

About Pen Underwriting’s Workforce

Pen Underwriting Ltd. is a Financial Services company that employs 325 people worldwide as of March 2026. It is the 11th-largest by headcount among its peers. Founded in 2014, the company is headquartered in London, United Kingdom.

Pen Underwriting's workforce has declined 1.2% from 2023 to 2026, down 1.6% year over year in 2026. It fell to a low of 303 in 2025 Q3 before recovering. Its workforce is concentrated most in Northern Europe (97.1%), followed by Pacific Islands (1.3%) and North America (0.5%).

Pen Underwriting's functional groups are Finance and Operations (50.9%), Engineering (40.1%), and Sales and Marketing (9.0%), with Sales and Marketing growing fastest (up 9.5%). The average salary is $86,349, ranging from a median of $87,000 in Pacific Islands to $72,000 in Northern Europe, down 3.3% year over year in 2026.

Pen Underwriting's active job postings rose 61.5% in 2026 to 17, with new postings per month cooling from 10 in 2023 to 5 in 2026. Overall employee sentiment is negative and declining.

Sourced from Revelio Labs workforce data.

Headquarters
London, United Kingdom
Founded
2014
Industry
Financial Services
Employees
325
YoY
-1.6% (+17)

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Pen Underwriting Annual Employee Count (2023-2026)

Interactive chart of Pen Underwriting annual worldwide employee count from 2023 to 2026.
  • Pen Underwriting had 325 employees in 2026, a 1.6% decline (+17) from 2025.
  • Pen Underwriting had 313 employees in 2025, a 0.7% decline (+2) from 2024.
  • Pen Underwriting had 311 employees in 2024, a 0.8% decline (-18) from 2023.
  • Pen Underwriting had 329 employees in 2023, a 2.6% increase (+23) from 2022.

Pen Underwriting's total workforce has grown from 303 employees in 2025 to 325 in 2026. Pen Underwriting's headcount peaked at 329 in 2023 before declining in 2025 and recovering through 2026.

Pen Underwriting Ltd. quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q1325+17-1.6%
2025Q4313+2-0.7%
2025Q3303-15-2.8%
2025Q2304-13-2.5%
2025Q1308-12-1.6%
2024Q4311-18-0.8%
2024Q3318-11+1.2%
2024Q2317-12+1.4%
2024Q1320-2+1.3%
2023Q4329+23+2.6%
2023Q3329+33+3.5%
2023Q2329+42+4.4%

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Pen Underwriting Employee Count by Region (2026)

Northern Europe accounts for the largest share of Pen Underwriting's global workforce with approximately 97% of total employees, followed by Pacific Islands and North America.

Pen Underwriting employees by region

RegionEmployees% of Total
Northern Europe31197.1%
Pacific Islands41.3%
North America20.5%
Sub-Saharan Africa10.5%
South America10.3%
Southeast Asia10.2%
South Asia10.2%

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Pen Underwriting Employee Count by Department (2026)

Pen Underwriting's employee groups are Finance and Operations (50.9%), Engineering (40.1%), and Sales and Marketing (9.0%).

Pen Underwriting employees by department

DepartmentEmployees% of Total
Finance and Operations16550.9%
Engineering13040.1%
Sales and Marketing299.0%

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Pen Underwriting Employee Salary by Region (2026)

Pen Underwriting's average employee salary is $86,349 globally. Employees in Pacific Islands receive the highest compensation. Pay is lowest in Northern Europe, at a median of $72,000.

Pen Underwriting median employee salary by region (USD)

RegionMedian Salary
Pacific Islands$87,000
Northern Europe$72,000

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Pen Underwriting Job Openings and Hiring Trends (2023-2026)

Interactive chart of Pen Underwriting annual active job postings from 2023 to 2026.
  • Pen Underwriting had 17 active job postings in 2026, a 61.5% increase (+11) from 2025.
  • Pen Underwriting had 6 active job postings in 2025, a 0% no change from 2024.
  • Pen Underwriting had 6 active job postings in 2024, a 18.2% increase (+1) from 2023.
  • Pen Underwriting had 5 active job postings in 2023, a 85.7% increase from 2022.
  • Hiring velocity in 2026: 5 new roles/month, up from 5 in 2025 and 6 in 2024.

Pen Underwriting's active job postings rose 61.5% in 2026 to 17, with new postings per month cooling from 10 in 2023 to 5 in 2026.

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Pen Underwriting Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across Pen Underwriting's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2026.

Overall

NegativePositive

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Frequently Asked Questions About Pen Underwriting

How fast is Pen Underwriting growing?
In 2026, Pen Underwriting's headcount shrank 1.6% to 325 employees, up from 308 in 2025.
See the full headcount history
Where are Pen Underwriting employees located?
Most Pen Underwriting employees are based in Northern Europe (97.1% of headcount), followed by Pacific Islands and North America.
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What is the average salary at Pen Underwriting?
The average employee salary at Pen Underwriting is approximately $86.3k per year.
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How many new job postings does Pen Underwriting open per year?
In Q1 2026, Pen Underwriting opened 15 new job postings. In 2025, Pen Underwriting opened 55 new job postings — about 5 per month.
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When was Pen Underwriting founded and where is it headquartered?
Pen Underwriting was founded in 2014 and is headquartered in London, United Kingdom.
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