When it comes to location, the highest average paycheck ($90K annually) can be spotted in Portsmouth, N.H.; Seattle, Wash. ($83K), Dover, N.H. (about $78K), and the company's headquarter city of Boston, Mass. (around $77K) are the next top-paying cities. Expected earnings are below average ($49K) in Phoenix, Ariz., one of the lowest-paid cities. Pay rates in the United States are highest in the state of Washington, where they average to approximately $78K per year.
Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to $74K annually. Overall, the greater share of Liberty Mutual Insurance Group folks have one to four years of experience and earn an average $63K per year.
Nearing the top of the pay scale are Software Developers, Senior Claims Adjusters, Underwriters, and Claims Examiners and Investigators; while the first receives the highest median pay at approximately $75K annually, the other salaries come in at around $69K, about $69K, and $60K, respectively. Insurance Claims Specialists make an average about $52K, close to the bottom of the company pay scale.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Associate of the Casualty Actuarial Societys, who make $109K per year. Bigger paychecks are awarded to Chartered Property Casualty Underwriters with credentials; these people earn approximately $87K annually on average. Those with a Master of Business Administration (MBA), Finance at Liberty Mutual Insurance Group come out on top, and their salaries approach around $140K per year.
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 $89K annually. Customer Service is considered a run-of-the-mill skill; around one in four of Liberty Mutual Insurance Group's people use it regularly. Many workers are also familiar with Insurance, Claim Handling, and Negotiation.
Benefits and Perks
Those seeking to set aside retirement funds can rely on several savings options such as a 401(k) plan and a company pension plan. Perks cover health insurance for nearly all workers and dental coverage for a large number of respondents. Advantages of working here also include tuition reimbursement, life insurance, flexible hours, and a casual working environment.