Years of Experience
Average pay is $75K annually for those with five to nine years of experience. When we consider tenure, a substantial portion of employees (40 percent) have been working for one to four years and make about $64K per year on average.
When it comes to location, the highest average paycheck (around $85K annually) can be spotted in Seattle, Wash.; Dover, N.H. (approximately $77K), the company's headquarter city of Boston, Mass. ($77K), and Dallas, Texas ($73K) are the next top-paying cities. On the lower end is Phoenix, Ariz. at about $46K. Within the company, workers earn the highest salaries (an average of $81K per year) in Washington.
The highest average salaries go to Software Developers, who bring in close to approximately $75K annually, though Underwriters are not far behind at $73K along with Business Analysts (around $60K) and Claims Examiners and Investigators ($57K). With salaries averaging around $51K, Claims Adjusters are among the lowest paid at Liberty Mutual Insurance Group.
Certifications and Degrees
Certified Public Accountants are compensated at a much higher rate than non-authorized workers, bringing in close to $92K per year. Acquiring certification to be a Chartered Property Casualty Underwriter is rewarded with median pay of $91K annually. Regarding salaries and education, Liberty Mutual Insurance Group pays those with a Master of Business Administration (MBA), Finance the most — $140K.
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. It's pretty common to find people here who know Customer Service; one in four consider it a key competency. Insurance, Claim Handling, and Negotiation were also reported by many survey participants.
Benefits and Perks
It's easy to build up retirement reserves here with programs such as a 401(k) plan and a company pension plan. Almost all respondents have health insurance, and benefits for a large number of respondents also include dental insurance. Perks also include tuition reimbursement, life insurance, flexible hours, and a casual working environment.