Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to about $74K per year. Broken down by tenure, the largest share of Liberty Mutual Insurance Group employees (38 percent) have one to four years of experience and earn around $64K annually on average.
When it comes to location, the highest average paycheck ($83K per year) can be spotted in Seattle, Wash.; the company's headquarter city of Boston, Mass. ($80K), Portsmouth, N.H. ($80K), and Dover, N.H. (approximately $78K) are the next top-paying cities. Phoenix, Ariz. is one of the lowest-paid cities, with earnings averaging around $51K. By state, Washington offers the highest pay at $81K annually.
Software Developers earn the highest median pay at about $75K per year, followed by Senior Claims Adjusters (approximately $70K), Underwriters ($68K), and Claims Examiners and Investigators ($60K). On the lower end are Claims Adjusters at $51K on average.
Certifications and Degrees
Being an Associate of the Casualty Actuarial Society certainly has its perks — salaries approach about $101K annually and far exceed the paychecks of those without certification. Project Management Professionals also rank high on the pay scale, with expected average earnings of $95K per year. Liberty Mutual Insurance Group workers who hold a Bachelor of Engineering in Bachelor of Engineering (BEng / BE) are also well compensated, earning around $136K on average.
When it comes to skills, employees who report Project Management among their abilities seem to make the most, reporting a median income of approximately $92K annually. Customer Service is regularly seen around here; one in four of those surveyed report it as a core competency. Insurance, Claim Handling, and Negotiation are also desirable skills.
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. Nearly all workers have health insurance, and benefits for most survey participants also include dental insurance. Some other advantages of working at Liberty Mutual Insurance Group are tuition reimbursement, life insurance, flexible hours, and a casual working environment.