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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. An average Liberty Mutual Insurance Group employee can expect to make $68K annually. Though how long you've been working and where you live do impact pay, what you do at the company is the primary influence on employee salary at Liberty Mutual Insurance Group. The data in this summary comes from the PayScale salary survey.

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How This Employer Pays

Liberty Mutual Insurance Group typically pays:
5%
above market
Similar employers pay:
-4%
below market
Employer: Liberty Mutual Insurance Group
Average Salary Range by Job

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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 earn the highest median pay at $87K per year, followed by Senior Claims Adjusters ($66K), Insurance Claims Adjusters (around $54K), and Insurance Claims Specialists (approximately $54K). 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

For those who claim five to nine years of work experience, pay on average amounts to about $70K annually. When we consider tenure, a substantial portion of employees (31 percent) have been working for one to four years and make $58K per year on average.

Locations

When it comes to location, the highest average paycheck (around $76K annually) can be spotted in Portsmouth, N.H.; Seattle, Wash. ($75K), Dover, N.H. (about $75K), and the company's headquarter city of Boston, Mass. (approximately $74K) are the next top-paying cities. At $67K, Charlotte, N.C. is home to some of the lowest pay in the country. Across its U.S. offices, the state of New Hampshire pays Liberty Mutual Insurance Group the most — around $75K per year on average.

Certifications and Degrees

Certified Public Accountants receive bigger paychecks (approximately $95K annually) than those without credentials. Risk Management Associates with credentials can live quite comfortably; median salaries come in at about $80K per year. Liberty Mutual Insurance Group provides the highest financial reward to those with a Master of Business Administration (MBA), Finance — these employees rake in $126K annually.

Skills

The best-paying skill to have in this role appears to be Project Management; employees who claim this ability report median compensation of $91K per year. Customer Service is a popular skill in the Liberty Mutual Insurance Group workforce; just under a fourth of those surveyed report putting it to use in their jobs. Some other standard skills here are Claim Handling, Insurance, and Negotiation.

Benefits and Perks

The firm looks out for its employees by sponsoring assorted retirement savings plans such as a 401(k) plan and a company pension plan. Almost all survey participants receive health insurance, and a large number of workers get dental coverage. The company also dishes out perks such as 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.
 
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