Years of Experience
For those with five to nine years of experience, average earnings amount to $86K annually. The largest fraction of Liberty Mutual Insurance Group people (40 percent) have been working for one to four years and earn $65K per year on average.
When it comes to location, the highest average paycheck (approximately $88K annually) can be spotted in Seattle, Wash.; the company's headquarter city of Boston, Mass. (around $83K), Dover, N.H. (about $77K), and Dallas, Texas ($70K) are the next top-paying cities. Phoenix, Ariz. ranks low on the pay scale — at about $49K, it is one of the lowest-paid cities. By state, the highest pay levels are found in Washington, where the average Liberty Mutual Insurance Group employee makes $83K per year.
Nearing the top of the pay scale are Underwriters, Software Developers, Claims Examiners and Investigators, and Business Analysts; while the first receives the highest median pay at around $74K annually, the other salaries come in at approximately $71K, $63K, and $62K, respectively. Financial compensation for Claims Adjusters is rather low — on average only $50K — relative to the rest of the company.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Chartered Property Casualty Underwriters, who make $90K per year. On average, salaries rise to approximately $71K annually for accredited Licensed Lawyers. At Liberty Mutual Insurance Group, employees who hold a Master of Business Administration (MBA), Management receive the highest salaries at about $142K.
In this role, the best-paying skill appears to be Project Management; individuals who claim it among their capabilities enjoy a higher median salary of around $88K per year. A relatively widespread skill at Liberty Mutual Insurance Group is Customer Service; approximately one-fourth of employees use it for work. Employees also tend to round out their skills sets with Insurance, Claim Handling, and Data Analysis.
Benefits and Perks
Workers can easily stock up on retirement savings by participating in several options such as a 401(k) plan and a company pension plan. Health insurance comes as part of the deal for nearly all employees, and a large number of workers report receiving dental coverage as well. Advantages of working here also include tuition reimbursement, life insurance, flexible hours, and optional telecommute / work from home.