Liberty Mutual Insurance - Large employer with decreasing quality of work environment, management reputation and attention to employees needs | Glassdoor
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"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Senior Business Analyst in Boston, MA
Former Employee - Senior Business Analyst in Boston, MA
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

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

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.

Other Employee Reviews for Liberty Mutual Insurance

  1. "Systems Analysis"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Systems Analyst in Somersworth, NH
    Current Employee - Systems Analyst in Somersworth, NH
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Liberty Mutual Insurance full-time (More than 5 years)

    Pros

    The benefits are very competitive

    Cons

    work life balance could use improvement


  2. "Data Entry"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Data Entry in Liberty Lake, WA
    Former Employee - Data Entry in Liberty Lake, WA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Liberty Mutual Insurance full-time (Less than a year)

    Pros

    Great Employees, Good Pay, Organized, Nice Lunch Room

    Cons

    Didnt get to stay longer! :( -Employment wise

    Advice to Management

    Dont over work employees, hire others to help & keep them in the loop of all business transactions

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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