There are newer employer reviews for Liberty Mutual Insurance
There are newer employer reviews for Liberty Mutual Insurance

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Helpful (5)

Large employer with decreasing quality of work environment, management reputation and attention to employees needs

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Senior Business Analyst in Boston, MA
Former Employee - Senior Business Analyst in Boston, MA

I worked at Liberty Mutual Insurance full-time (More than 5 years)

Doesn't Recommend
Neutral Outlook
Disapproves of CEO
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

Pros

Stable, okay benefits, work life balance

Cons

Limited scope for development, no retention of talented employees, Benefits slashed

Advice to Management

Worked for the company for seven years, a good start for career right out of college. Benefits seemed good compared to peers but then took a nosedive. Starting from a 7% full match to down to 3.5% along with a 35% reduction in pension. Currently doing away with pension and replacing with a cash option where Liberty does not have to share any risks if a retiree lives longer. Company reputation took a nosedive with greedy CEO Ted Kelly raking in 250Mil in 5 years while employees benefits and pay suffered and policyholders got larger and larger bills in the mail. The concept of "Mutual" company is a joke, they freely write each other big bonus checks intead of paying back the policyholders and the board approves the same in return for $300K paychecks. No efforts to retain employees walking out the door with experience and talent. Seven years worth of investment in training could have been prevented if the manager had the smarts to do something. HR is clueless about talent within the company, and seem focussed on getting their own promotions. Favoritism is rampant and back stabbing is usual. If you have other offers on hand, reconsider them. Mr. Long has a long way to go before employees feel engaged here, no matter how many EOS surveys are sent out.

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  1. HORRIBLE, DO NOT PROMOTE FROM WITHIN

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA

    I have been working at Liberty Mutual Insurance full-time

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    There are no pros to this company. If you want to grow you need to look elsewhere. They are very stuck up.

    Cons

    They hire from the outside and do not promote from within. There is no recognizance for anything. I had to work in a basement (no windows) for 2 years with cockroaches. Disgusting! So many politics!

    Advice to Management

    Go Casual and recognize your employees

  2. Quality of life is good, pay is even better for interns

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Intern
    Current Employee - Sales Intern

    I have been working at Liberty Mutual Insurance full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Employees are all friendly and welcoming

    Cons

    training process is very dry

There are newer employer reviews for Liberty Mutual Insurance
There are newer employer reviews for Liberty Mutual Insurance

See Most Recent

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