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Average Salary for Liberty Mutual Insurance Group Employees

Operating out of Boston, Mass., Liberty Mutual Insurance Group employs talent in positions ranging from Claims Adjuster to Customer Service Representative. The median income for Liberty Mutual Insurance Group employees is $68K per year. For the most part, employee paychecks at Liberty Mutual Insurance Group fluctuate depending on your role at the company; your experience level and where you live also matter, but to a lesser degree. The data for this overview comes from answers to PayScale's salary questionnaire.

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How This Employer Pays

Liberty Mutual Insurance Group typically pays:
5%
above market
Similar employers pay:
-3%
below market
Employer: Liberty Mutual Insurance Group
Average Salary Range by Job
United States (change)

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About This Company

Boston, Massachusetts 

1912

45,000

Liberty Mutual, Liberty Mutual Group, Liberty Mutual Insurance Company


Freebase CC-BY Source: Freebase, licensed under CC-BY

Jobs

Nearing the top of the pay scale are Senior Underwriters, Senior Claims Adjusters, Insurance Claims Adjusters, and Insurance Claims Specialists; while the first receives the highest median pay at approximately $87K annually, the other salaries come in at about $66K, $54K, and around $54K, respectively. Among the lower-paid positions at Liberty Mutual Insurance Group are Insurance Sales Representatives — the median salary for this role approaches $30K.

Years of Experience

Five to nine years of work experience seem to result in median wages of $70K per year. The greater proportion of employees (31 percent) report one to four years of experience and bring home median pay of $58K annually.

Locations

When it comes to location, the highest average paycheck ($76K per year) can be spotted in Portsmouth, N.H.; Seattle, Wash. (approximately $75K), Dover, N.H. (about $75K), and the company's headquarter city of Boston, Mass. ($74K) are the next top-paying cities. Expected earnings are below average (around $67K) in Charlotte, N.C., one of the lowest-paid cities. The highest pay by state can be found in New Hampshire, where salaries average out at approximately $75K annually.

Certifications and Degrees

Certified Public Accountants have significantly higher pay than non-accredited workers at $95K per year. Acquiring certification to be a Risk Management Associate is rewarded with median pay of $80K annually. At Liberty Mutual Insurance Group, employees who hold a Master of Business Administration (MBA), Finance receive the highest salaries at around $126K.

Skills

In this position, it pays to have Project Management in your toolkit; employees who claim proficiency enjoy a higher median salary of about $91K per year. Customer Service also popped up often in the survey as an important skill; slightly more than a fifth of employees surveyed report using it at work. Key skills also include Claim Handling, Insurance, and Negotiation.

Benefits and Perks

Workers can easily stock up on retirement savings by participating in several options such as a 401(k) plan and a company pension plan. Liberty Mutual Insurance Group provides health insurance to nearly all survey participants, and a large number of workers do receive dental coverage. Additional benefits of working here are life insurance, tuition reimbursement, flexible hours, and a casual working environment.

Key Stats for Liberty Mutual Insurance Group

Gender

Female
42 %
Male
58 %
Salary
$38,573 - $83,077
Salary
$41,045 - $92,427
Less than 1 year
11%
1-4 years
30%
5-9 years
25%
10-19 years
21%
20 years or more
13%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 78 votes.

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »
United States (change)

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