- Compare Your Salary
- Evaluate a Job Offer
- Price a New Hire
- Give a Raise
- Benchmark Jobs
- Create a Comp Plan
Operating out of Boston, Massachusetts, Liberty Mutual Insurance Group employs talent in positions ranging from Insurance Claims Adjuster to Senior Underwriter. A typical Liberty Mutual Insurance Group employee can expect to make $69K per year. What you do at the company primarily drives compensation; however, your experience level and geography are also reported as secondary influences on salary at Liberty Mutual Insurance Group. The numbers in this rundown were provided by PayScale's salary survey participants.
Job (Number Reporting)
|$29,590 - $43,385|
|Salary||$31,179 - $44,500|
|Bonus||$26.84 - $1,931|
|Total Pay||$29,590 - $43,385|
|$79,099 - $125,220|
|Salary||$76,561 - $109,742|
|Bonus||$1,973 - $15,654|
|Total Pay||$79,099 - $125,220|
|$36,995 - $72,511|
|Salary||$36,650 - $73,160|
|Bonus||$455.40 - $6,937|
|Total Pay||$36,995 - $72,511|
|$39,932 - $78,026|
|Salary||$39,728 - $76,491|
|Bonus||$433.36 - $6,253|
|Total Pay||$39,932 - $78,026|
Country: United States | Currency: USD | Updated: 5 Nov 2014 | Individuals Reporting: 381
Bringing in the most money are Senior Underwriters — their earnings average $86K. Insurance Underwriters are a close second at around $66K along with Underwriters (about $64K) and Claims Examiners and Investigators (approximately $61K). On the lower end are Customer Service Representatives at $35K.
Average pay is typically $69K for those with five or more years experience. Broadly speaking, the largest slice of the Liberty Mutual Insurance Group workforce (30 percent) has a tenure of one to four years and earns approximately $58K annually.
When it comes to location, the highest average paycheck ($89K per year) can be spotted in the company's headquarter city of Boston; New York (around $88K), Seattle ($79K), and Portsmouth (about $75K) are the next top-paying cities. Expected earnings are below average ($66K) in Dallas, one of the lowest-paid cities. By state, Liberty Mutual Insurance Group employees make the most in Massachusetts, earning $80K annually on average.
Risk Management Associates are compensated at a much higher rate than non-authorized workers, bringing in close to about $83K. Chartered Property Casualty Underwriters also rank high on the pay scale, with expected earnings of $82K per year. Liberty Mutual Insurance Group compensates Master of Business Administration (MBA), Finance-holders the most at $127K annually.
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 approximately $90K. Insurance is a popular skill among Liberty Mutual Insurance Group workers, with approximately one in four of those surveyed reporting using it on the job. Customer Service, Claim Handling, and Negotiation round out the set of key employee skills.
42 percent have paid vacation, and only about one in six workers can take paid time off for illness. It's easy to build up retirement reserves here with programs such as a 401(k) plan and a company pension plan. Almost all employees have health insurance, and benefits for almost all workers also include dental insurance. Perks also include life insurance, tuition reimbursement, and a casual working environment.
$38,652 - $83,225
$42,292 - $90,683
|Extremely satisfied||Rated 5 out of 5
based on 89 votes.
Thanks! We'll send you a welcome newsletter as soon as we can.
In the meantime, check out our research center.
Looks like your email already exists in our database.
Please log in here.
You are already logged in.
The Do's and Don'ts of Praise
There are many circumstances when offering praise, in a workplace setting, is appropriate. Likewise, there are many benefits to doing so. Everyone lik...>
How to Miss a Deadline and Keep Your Career on Track
What’s that saying? Stuff happens. You're a dependable planner, worker, and human, but stuff happens to everyone, and every once in a while, you’re pr...>
Male Professors Automatically Get Better Reviews
In any profession, performance evaluations matter. Just as a year-end review might be utilized by management to make decisions about salary, assigned ...>
Tell us about your current job and your skillset, and we'll let you know how much your employers are paying in your area.