Market Overview

Forbes Magazine Recognizes Liberty Mutual Insurance as One of America's Best Employers for Women 2018

Share:

Liberty ranked #111 out of 300 top companies in the country for
women

Forbes magazine today published its America's Best Employers for
Women 2018
list and Liberty Mutual Insurance is proud to rank #111.
The 300 companies on the list were determined through a joint
Statista/Forbes survey response collection and analysis of U.S. employee
perceptions that was applied to a sample of 40,000 employees working for
firms or institutions that employ 1,000 or more. The sample included
more than 25,000 women.

"This recognition from Forbes reinforces that the work we are doing to
attract and retain employees from a wide range of backgrounds is paying
off," said Melanie Foley, Liberty Mutual Insurance Executive Vice
President and Chief Talent & Enterprise Services Officer. "By being open
and engaging with all people and possibilities, and by offering them the
benefits and flexible work environment they need to be successful in
their personal and professional lives, we will continue to build the
innovative culture needed to succeed in today's global marketplace."

Forbes' survey was conducted using several online access panels,
providing a representative sample of the U.S. workforce, and employees
were asked to give their opinion on a series of statements surrounding
atmosphere and development, image, working conditions, salary and wages,
workplace and diversity with regard to their own employer. The survey
also focused on topics that are in general more relevant for women,
asking women to rate their own employers on parental leave, family
support, flexibility, discrimination, representation and career, and pay
equity.

"The inclusion and advancement of women at all levels is critical to our
ongoing success," said Chief Diversity & Inclusion Officer Dawn
Frazier-Bohnert. "We celebrate the progress we've made. Though we have
more work to do, this recognition acknowledges that we are on the right
path and creates momentum for our ongoing efforts."

To attract and retain the next generation of women leaders, Liberty
Mutual has expanded existing programs while launching several new major
initiatives, including:

  • Expanded paid parenting leave, short term disability and bereavement
    leave. Paid parenting leave increased to eight weeks for all birth
    mothers, fathers and adoptive parents who have been at Liberty for at
    least 12 months. Additionally, short-term disability for child birth
    was expanded to eight weeks and paid at 100 percent regardless of
    employee tenure.
  • Held the Women in Technology Summit, an immersive three-day
    program for female students designed to empower, motivate, and
    celebrate women pursuing a career in tech. After the event,
    participants also had the opportunity to interview for our 2019
    TechStart Summer Intern Program.
  • Organized the Men as Allies Summit that featured renowned speakers and
    leaders in gender collaboration, along with Liberty leaders.
    Recognizing that women's advancement is not just a woman's issue, we
    took a different approach by helping men understand that it was also
    in their best interest to join women in these efforts as allies. More
    than 450 male and female employees attended the event, which sparked
    further discussions and deepened interest in post-summit learning.
  • Participated in, and was presenting sponsor of, The Commonwealth
    Institute's Women's Leadership Development in Massachusetts 2018
    Impact Study. Results from the program of research will provide
    increased visibility about the importance of women's leadership
    development and enable organizations to understand ways to enhance and
    improve their current offerings.

Liberty Mutual's Diversity and Inclusion framework has five focus areas
including Talent (attraction, advancement and retention), Development
(building D&I capability), Workplace Environment, Customer and Community
and at the framework's core is Communications (D&I messaging and
language). All parts of this model have to be working together for
diversity and inclusion efforts to succeed.

About Liberty Mutual Insurance

Liberty Mutual's purpose is to help people embrace today and confidently
pursue tomorrow. The promise we make to our customers throughout the
world is to provide protection for the unexpected, delivered with care.

In business since 1912, and headquartered in Boston, Mass., today we are
a leading global insurer with operations in 30 countries and economies
around the world. We are the third largest property and casualty insurer
in the U.S. based on 2017 direct written premium data as reported by the
National Association of Insurance Commissioners. We also rank 68th on
the Fortune 100 list of largest corporations in the U.S. based on 2017
revenue. As of December 31, 2017, we had $39.4 billion in annual
consolidated revenue.

We employ nearly 50,000 people in over 800 offices throughout the world.
We offer a wide range of insurance products and services, including
personal automobile, homeowners, commercial multi-peril, property,
general liability, commercial automobile, surety, workers compensation,
specialty lines, and reinsurance.

You can learn more about us by visiting www.libertymutualinsurance.com.

View Comments and Join the Discussion!