Average Salary for The Travelers Companies, Inc. Employees

The median salary at The Travelers Companies, Inc. is $73K per year. Where you live is the biggest factor affecting pay for The Travelers Companies, Inc. workers, followed by your experience level and what you do at the company. The data for this report comes from responses to the PayScale salary survey.

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The Travelers Companies, Inc. Median Salary by Job

MinMax

Underwriter
24 profiles
$71,716
$49K$95K

Account Executive
18 profiles
$79,148
$63K$105K

Insurance Underwriter
12 profiles
$67,000
$53K$140K

Insurance Claims Adjuster
11 profiles
$58,252
$49K$66K

Claims Adjuster
11 profiles
$58,355
$50K$78K

Senior Underwriter
9 profiles
$90,783
$85K$94K

Claims Adjuster / Examiner / Investigator
9 profiles
$64,471
$55K$68K

  • Currency: USD
  • Updated: 25 Jun 2017
  • Individuals Reporting: 386
  • View Table

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Find out more about pay at The Travelers Companies, Inc.

Travelers, Travelers Insurance, Travelers Insurance Company, Travelers Property Casualty Corp


Source: Freebase

Locations

When it comes to location, the highest average paycheck (about $95K annually) can be spotted in Hartford, Conn.; St. Paul, Minn. ($81K), Walnut Creek, Calif. ($70K), and Los Angeles, Calif. ($64K) are the next top-paying cities. High paychecks are not found in Orlando, Fla.; in fact, at approximately $49K it is one of the worst-paid cities. Across The Travelers Companies, Inc.'s U.S. offices, employees in the state of Connecticut earn the most, taking home around $93K per year.

Years of Experience

Survey participants who have worked at The Travelers Companies, Inc. for between five and 10 years earn $78K annually on average. The largest slice of the The Travelers Companies, Inc. workforce (26 percent) has been working for one to four years and earns, on average, $58K per year.

Jobs

Account Executives earn the highest median pay at $81K annually, followed by Insurance Underwriters (around $72K), Underwriters (approximately $70K), and Claims Examiners and Investigators (about $64K). Financial compensation for Account Managers is rather low — on average only $51K — relative to the rest of the company.

Certifications and Degrees

Those lacking certification bring in much lower salaries than Project Management Professionals, who make about $120K per year. On average, salaries rise to $96K annually for accredited Risk Management Associates. Regarding salaries and education, The Travelers Companies, Inc. pays those with a Master of Arts (MA) the most — $135K.

Skills

When it comes to skills, Project Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of around $99K per year. Insurance is a popular skill in the The Travelers Companies, Inc. workforce; slightly less than a third of those surveyed report putting it to use in their jobs. Employees also tend to know Customer Service, Claim Handling, and Negotiation.

Benefits and Perks

The firm looks out for its employees by sponsoring assorted retirement savings plans such as a 401(k) plan and a company pension plan. Almost all employees receive health insurance, and a large number of respondents get dental coverage. Advantages of working here also include life insurance, tuition reimbursement, a subsidized cell phone, and flexible hours.

The Travelers Companies, Inc. Job Listings

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Key Stats for The Travelers Companies, Inc.

Gender

Female
53 %
Male
47 %
Salary
$46,364 - $98,605
Salary
$51,848 - $99,627

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 86 votes.
Less than 1 year
5%
1-4 years
26%
5-9 years
23%
10-19 years
26%
20 years or more
20%
$52,086 - $95,024
$43,892 - $97,676
$51,064 - $108,090
$41,300 - $87,500
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Years in Fields/Career:
United States (change)

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