Years of Experience
Those with one to four years of experience at the company can expect to make $57K per year on average. Those who have five to nine years of work experience see average salaries of $75K annually. The largest slice of the The Travelers Companies, Inc. workforce (29 percent) has been working for 10-19 years and earns, on average, $85K per year.
The highest paychecks go to Risk Control Consultants, who earn an average around $89K annually, closely trailed by Insurance Underwriters (about $80K), Account Executives (approximately $75K), and Underwriters ($70K). On the lower end are Account Managers at $49K on average.
When it comes to location, the highest average paycheck (about $85K per year) can be spotted in Hartford, Conn.; Atlanta, Ga. (around $79K), St. Paul, Minn. ($74K), and Dallas, Texas (approximately $71K) are the next top-paying cities. Baltimore, Md. is one of the lowest-paid cities, with earnings averaging $62K. Within the company, workers earn the highest salaries (an average of around $83K annually) in Connecticut.
Certifications and Degrees
Salaries approach approximately $125K per year for Licensed Lawyers; non-accredited workers make much less. Bigger paychecks are awarded to Certified Risk Managers with credentials; these people earn $102K annually on average. The Travelers Companies, Inc. workers who hold a Juris Doctor (JD), Law are also well compensated, earning about $105K on average.
The highest-paying skill in this position seems to be Project Management; individuals who report it as part of the repertoire have a median income of $94K per year. Folks here also tend to know Insurance; on the survey, just under a third of workers named it in their skills portfolios. Customer Service, Claim Handling, and Microsoft Office round out the set of key employee skills.
Benefits and Perks
The Travelers Companies, Inc. lets only 44 percent take paid vacation and only one in six survey participants take sick leave. The Travelers Companies, Inc. helps its workers sock away funds for retirement, offering plans such as a 401(k) plan and a company pension plan. Perks cover health insurance for nearly all survey participants and dental coverage for a large number of employees. Employees can also look forward to life insurance, tuition reimbursement, and a company cell phone.