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. A salary of $68K per year is the median rate at Liberty Mutual Insurance Group. What you do at the company plays the largest role in compensation at Liberty Mutual Insurance Group, but your experience level and your city affect income (to a lesser degree) as well. This report is based on responses to the PayScale salary survey.

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Employer: Liberty Mutual Insurance Group
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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

Senior Underwriters are awarded the highest paychecks, with compensation nearing around $87K annually on average; Senior Claims Adjusters are next on the list, bringing in close to $66K, followed by Claims Examiners and Investigators earning about $57K and Claims Adjusters making $52K. Financial compensation for Insurance Sales Representatives is rather low — on average only $32K — relative to the rest of the company.

Years of Experience

For those with five to nine years of experience, average earnings amount to approximately $69K per year. Overall, the greater share of Liberty Mutual Insurance Group folks have one to four years of experience and earn an average $59K annually.

Locations

When it comes to location, the highest average paycheck ($77K per year) can be spotted in Portsmouth, N.H.; Seattle, Wash. (about $77K), Dover, N.H. (around $77K), and the company's headquarter city of Boston, Mass. (approximately $75K) are the next top-paying cities. Phoenix, Ariz. ranks low on the pay scale — at $53K, it is one of the lowest-paid cities. By state, the highest compensation levels appear in New Hampshire, where the average salary is about $77K annually.

Certifications and Degrees

Project Management Professionals have significantly higher pay than non-accredited workers at $95K per year. Risk Management Associates with credentials can live quite comfortably; median salaries come in at around $80K annually. The highest-paying degree here is a Master of Business Administration (MBA), Finance; Liberty Mutual Insurance Group awards $129K to these degree-holders.

Skills

The highest-paying skill to have may be Project Management; employees who claim proficiency also report a higher average salary of approximately $88K per year. One of the more prevalent skills at Liberty Mutual Insurance Group is Customer Service, with roughly a fourth considering it a key competency. Insurance, Claim Handling, and Negotiation were also reported by many survey participants.

Benefits and Perks

Workers who save for retirement get lots of help because the company offers a number of savings programs including a 401(k) plan and a company pension plan. For the vast majority of employees, benefits include health insurance, and a large number of workers get dental coverage, too. A few more workplace perks are life insurance, tuition reimbursement, a casual working environment, and flexible hours.

Liberty Mutual Insurance Group Job Listings

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Key Stats for Liberty Mutual Insurance Group

Gender

Female
43 %
Male
57 %
Salary
$38,074 - $82,226
Salary
$41,256 - $92,653
Less than 1 year
11%
1-4 years
32%
5-9 years
25%
10-19 years
20%
20 years or more
12%

Job Satisfaction

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

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