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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 Senior Underwriter to Insurance Claims Adjuster. Liberty Mutual Insurance Group employees typically bring home $70K annually. At Liberty Mutual Insurance Group, the biggest piece of the paycheck puzzle is your role at the company — it impacts salary more than anything else — though how long you've been working and your city each factor into the equation as well. This report is based on responses to the PayScale salary survey.

Employer: Liberty Mutual Insurance Group
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
[-]Senior Underwriter (16)
$79,099 - $125,220  
   
[-]Senior Underwriter (16)
Salary$76,561 - $109,742  
   
Bonus$1,973 - $15,654  
Total Pay$79,099 - $125,220  
[+]Customer Service Representative (CSR) (15)
$29,087 - $44,102  
   
[+]Customer Service Representative (CSR) (15)
Salary$30,913 - $45,570  
   
Bonus$4.56 - $1,490  
Total Pay$29,087 - $44,102  
[+]Insurance Claims Adjuster (14)
$33,900 - $94,170  
   
[+]Insurance Claims Adjuster (14)
Salary$30,913 - $99,227  
   
Bonus$501 - $8,286  
Total Pay$33,900 - $94,170  
[+]Claims Adjuster (13)
$40,222 - $75,627  
   
[+]Claims Adjuster (13)
Salary$40,065 - $75,627  
   
Bonus$367.53 - $5,552  
Total Pay$40,222 - $75,627  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 14 Nov 2014 | Individuals Reporting: 391
United States (change)

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, Insurance Underwriters, Underwriters, and Claims Examiners and Investigators; while the first receives the highest median pay at $86K, the other salaries come in at $66K, approximately $64K, and around $61K, respectively. Customer Service Representatives make about $36K, close to the bottom of the company pay scale.

Years of Experience

For those who claim five to nine years of work experience, pay generally amounts to $69K. A typical employee has one to four years of experience and earns approximately $59K per year.

Locations

Median pay is highest in the company's headquarter city of Boston (around $89K annually), followed by New York ($88K), Seattle ($80K), and Portsmouth ($74K). Approaching the lower end of the pay scale (at about $66K) is Dallas. By state, the highest pay levels are found in Massachusetts, where the average Liberty Mutual Insurance Group employee makes approximately $80K per year.

Certifications and Degrees

Certified Public Accountants are compensated at a much higher rate than non-authorized workers, bringing in close to $96K. Risk Management Associates also rank high on the pay scale, with expected earnings of $83K annually. It pays to have a Bachelor's Degree, Business Management at Liberty Mutual Insurance Group — these employees make the most at $127K per year.

Skills

In this role, the best-paying skill appears to be Project Management; individuals who claim it among their capabilities enjoy a higher median salary of about $91K. Insurance is considered a run-of-the-mill skill; somewhere between a fifth and a fourth of Liberty Mutual Insurance Group's people use it regularly. Employees also tend to know Customer Service, Claim Handling, and Negotiation.

Benefits and Perks

The benefits packages at Liberty Mutual Insurance Group can sometimes lack paid time off; 42 percent get paid vacation days, and a sixth of workers receive paid sick leave. Liberty Mutual Insurance Group workers get plenty of help saving for their golden years, with retirement savings options such as a 401(k) plan and a company pension plan. Perks cover health insurance for the vast majority of workers and dental coverage for nearly all workers. Perks also include life insurance, tuition reimbursement, and a casual working environment.

Key Stats for Liberty Mutual Insurance Group

Gender

Female
46 %
Male
54 %
Salary
$38,652 - $83,971
Salary
$44,078 - $91,610
Less than 1 year
8%
1-4 years
29%
5-9 years
27%
10-19 years
22%
20 years or more
14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 87 votes.

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