Years of Experience
Average pay is $83K annually for those with five to nine years of experience. The largest slice of the Liberty Mutual Insurance Group workforce (40 percent) has been working for one to four years and earns, on average, around $63K per year.
When it comes to location, the highest average paycheck (approximately $85K annually) can be spotted in Seattle, Wash.; the company's headquarter city of Boston, Mass. (about $81K), Dover, N.H. ($78K), and Dallas, Texas ($72K) are the next top-paying cities. Phoenix, Ariz. is near the bottom for pay at about $48K. By state, the highest compensation levels appear in Washington, where the average salary is around $81K per year.
Underwriters rake in the most money, with average earnings of $75K annually; Software Developers come in second with average earnings amounting to $74K, while Business Systems Analysts and Business Analysts rank near the top as well (approximately $66K and $61K, respectively). Claims Adjusters make an average around $50K, close to the bottom of the company pay scale.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Project Management Professionals, who make about $92K per year. Liberty Mutual Insurance Group workers who hold a Master of Business Administration (MBA), Finance are also well compensated, earning $140K on average.
Employees who count Project Management among their skills enjoy higher pay; the median for this group is approximately $88K annually. One of the more prevalent skills at Liberty Mutual Insurance Group is Customer Service, with approximately one in four considering it a key competency. Three more common skills are Insurance, Claim Handling, and Data Analysis.
Benefits and Perks
With an eye toward the future, Liberty Mutual Insurance Group offers several choices in retirement planning such as a 401(k) plan and a company pension plan. Health insurance is part of the package for nearly all employees, and for a large number of respondents, dental coverage is too. Privileges also include tuition reimbursement, life insurance, flexible hours, and optional telecommute / work from home.