Liberty Mutual Insurance

Liberty Mutual Insurance Benefits

4.1 out of 5 (28 comments)
Most talked about benefits
  • 401K Plan

    "Generous match, good range of investments to choose from, and fast vesting. Unusual in that it is in addition to old school DB pension." (8 comments)

  • Health Insurance

    "Good benefit, fairly priced, widely accepted, no referral needed from primary care to see specialists." (8 comments)

  • Pension Plan

    "Pension plan was great, benefits are whats awesome about this company!" (5 comments)

Benefits Summary

  • High % reporting
  • Medium % reporting
  • Low % / No reports
  • * Employer Verified

Insurance, Health & Wellness

  • Health Insurance
  • Dental Insurance
  • Flexible Spending Account (FSA)
  • Vision Insurance
  • Health Savings Account (HSA)
  • Life Insurance
  • Supplemental Life Insurance
  • Disability Insurance
  • Occupation Accident Insurance
  • Health Care On-Site
  • Mental Health Care
  • Retiree Health & Medical
  • Accidental Death & Dismemberment Insurance

Financial & Retirement

  • Pension Plan
  • 401K Plan
  • Retirement Plan
  • Employee Stock Purchase Plan
  • Performance Bonus
  • Stock Options
  • Equity Incentive Plan
  • Supplemental Workers' Compensation
  • Charitable Gift Matching

Family & Parenting

  • Maternity & Paternity Leave
  • Work From Home
  • Fertility Assistance
  • Dependent Care
  • Adoption Assistance
  • Childcare
  • Reduced or Flexible Hours
  • Military Leave
  • Family Medical Leave
  • Unpaid Extended Leave

Vacation & Time Off

Perks & Discounts

  • Employee Discount
  • Free Lunch or Snacks
  • Employee Assistance Program
  • Gym Membership
  • Commuter Checks & Assistance
  • Pet Friendly Workplace
  • Mobile Phone Discount
  • Company Car
  • Company Social Events
  • Travel Concierge
  • Legal Assistance

Professional Support

Employee Comments

  • Oct 24, 2014
    Former Director in Boston, Massachusetts

    One of the few to still provide a DB pension in addition to very generous 401k match

  • Oct 22, 2014
    Current Commercial Lines Underwriter in Cincinnati, Ohio

    Best things include your standard Medical and 401k benefits but Liberty goes beyond that. For 401k they have a 6% match and for medical they have great deductible options while keeping costs down.

  • Oct 20, 2014
    Current Employee in Nashville, Tennessee

    Employee focused, they work to make it affordable

  • Oct 20, 2014
    Former Senior Accountant in Boston, Massachusetts

    The best thing about the benefits package was the flexible time off accruals and personal holidays which were very reasonable. The worst part aspect was the health insurance deductibles.

  • Oct 13, 2014
    Current Employee in Boston, Massachusetts

    Health insurance should have multiple options and flexibility

  • Oct 10, 2014
    Current Employee in Mishawaka, Indiana

    The health benefits price for a single person is great, the package for a family is too expensive. Luckily, we get a better deal through my husband's employer and declined it from LM.
    You earn 1.5 days off per month, which works out great. This is your vacation time/sick time/personal days all rolled into one. You can take your time in 1/4, 1/2 or full day increments. It's extremely difficult to get time off around the holidays.
    They have a 401k plan, retirement plan, life insurance, etc. I found it all very affordable.
    There is a work-at-home team, but from what I understand, they have not added to it in a few years, and are not looking to expand it, even if a WAH were to quit they will not be replacing them.
    There are some discounts with local companies who are insured by LM. (Like $2 off a pizza at a local pizzeria), It's typically not much, but it's still nice. I also believe there are discounts for certain phone carriers.

  • Oct 8, 2014
    Current Employee in Phoenix, Arizona

    401k matching up to 6 percent. Short term disability, decent healthcare.

  • Oct 8, 2014
    Current Employee in Mishawaka, Indiana

    Benefits start day 1 of employment.

  • Oct 22, 2014
    Former Inside Auto Damage Appraiser in Dallas, Texas

    Worst thing is that you dont have many options when it comes to benefits. 1 Size fits all

  • Oct 19, 2014
    Current Employee in Portsmouth, New Hampshire

    Industry average package. No real pension plan anymore. Overall the benefits are quite fine although the deductibles are high especially if one makes more money.

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