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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 Senior Underwriter. Liberty Mutual Insurance Group pays its employees $69K annually on average. Though how long you've been working and your city are influential salary factors for those at Liberty Mutual Insurance Group, your job title turns out to have the greatest impact on paycheck size. The data for this report comes from responses to the PayScale salary survey.

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How This Employer Pays

Liberty Mutual Insurance Group typically pays:
6%
above market
Similar employers pay:
-2%
below market
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
[-]Claims Adjuster (16)
$41,106 - $79,060  
   
[-]Claims Adjuster (16)
Salary$41,087 - $75,499  
   
Bonus$544 - $6,263  
Total Pay$41,106 - $79,060  
[+]Senior Claims Adjuster (15)
$45,909 - $93,540  
   
[+]Senior Claims Adjuster (15)
Salary$45,150 - $85,525  
   
Bonus$511 - $7,341  
Profit Disbursement$965 - $8,612  
Total Pay$45,909 - $93,540  
[+]Customer Service Representative (CSR) (13)
$20,361 - $46,168  
   
[+]Customer Service Representative (CSR) (13)
Salary$30,410 - $46,564  
   
Bonus$157.31 - $3,461  
Total Pay$20,361 - $46,168  
[+]Insurance Claims Adjuster (13)
$30,913 - $113,771  
   
[+]Insurance Claims Adjuster (13)
Salary$30,639 - $100,162  
   
Bonus$597 - $7,838  
Total Pay$30,913 - $113,771  
 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: 29 Mar 2015 | Individuals Reporting: 397

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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

The highest average salaries go to Senior Underwriters, who bring in close to $87K per year, though Insurance Underwriters are not far behind at $71K along with Senior Claims Adjusters (around $66K) and Insurance Claims Adjusters ($54K). Liberty Mutual Insurance Group hands out some of the smallest paychecks to Insurance Sales Representatives (about $32K on average).

Years of Experience

Respondents who have been working for five to nine years make approximately $71K annually on average. When we consider tenure, a substantial portion of employees (32 percent) have been working for one to four years and make about $58K per year on average.

Locations

When it comes to location, the highest average paycheck (around $80K annually) can be spotted in the company's headquarter city of Boston, Mass.; Portsmouth, N.H. ($77K), Seattle, Wash. (approximately $75K), and Dover, N.H. ($75K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Dallas, Texas — at $67K, salaries are some of the lowest in the country. By state, Massachusetts offers the highest pay at approximately $76K per year.

Certifications and Degrees

Certified Public Accountants are compensated at a much higher rate than non-authorized workers, bringing in close to around $95K annually. On average, salaries rise to $81K per year for accredited Risk Management Associates. It pays to have a Master of Business Administration (MBA), Finance at Liberty Mutual Insurance Group — these employees make the most at $126K annually.

Skills

The highest-paying skill to have in this role seems to be Project Management; employees claiming this as part of the toolbox earn a median of about $93K per year. Customer Service is regularly seen around here; slightly less than a fourth of those surveyed report it as a core competency. Claim Handling, Insurance, and Negotiation round out the set of key employee skills.

Benefits and Perks

Benefits packages do tend to lack paid time off; Liberty Mutual Insurance Group gives paid vacation days to two in five respondents and sick leave to one in seven respondents. 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. Nearly all employees can count on health insurance, and a large number of employees have dental coverage as a benefit. Privileges also include life insurance, tuition reimbursement, and flexible hours.

Key Stats for Liberty Mutual Insurance Group

Gender

Female
44 %
Male
56 %
Salary
$38,643 - $84,218
Salary
$42,693 - $93,282
Less than 1 year
10%
1-4 years
31%
5-9 years
25%
10-19 years
22%
20 years or more
13%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 79 votes.
United States (change)

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