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Average Salary for The Travelers Companies, Inc. Employees

The Travelers Companies, Inc. employees bring home $76K per year on average. Your experience level influences pay for The Travelers Companies, Inc. workers the most, followed by your role at the company and where you live. This overview is based on answers to PayScale's salary questionnaire.

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How This Employer Pays

The Travelers Companies, Inc. typically pays:
3%
above market
Similar employers pay:
4%
above market
Employer: The Travelers Companies, Inc.
Average Salary Range by Job

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United States (change)


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About This Company

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


Freebase CC-BY Source: Freebase, licensed under CC-BY

Years of Experience

Those who have five to nine years of work experience see average salaries of $73K annually. For those with one to four years of experience, median paychecks reach approximately $59K per year. The greater proportion of employees (29 percent) report 10-19 years of experience and bring home median pay of about $84K annually.

Jobs

Risk Control Consultants are the best paid with the average salary hovering at around $89K per year; Insurance Underwriters, Account Executives, and Underwriters also rank near the top of the list, pulling in $80K, $77K, and around $69K, respectively. Earning only $49K on average, Account Managers make less than most people in the company.

Locations

When it comes to location, the highest average paycheck (about $84K annually) can be spotted in Hartford, Conn.; Dallas, Texas ($83K), Atlanta, Ga. (approximately $79K), and St. Paul, Minn. ($76K) are the next top-paying cities. Chicago, Ill. ranks low on the pay scale — at about $65K, it is one of the lowest-paid cities. Across The Travelers Companies, Inc.'s U.S. offices, employees in the state of Connecticut earn the most, taking home $83K per year.

Certifications and Degrees

Licensed Lawyers are compensated at a much higher rate than non-authorized workers, bringing in close to $127K annually. Earning a Certified Risk Manager certification garners significant financial rewards of $102K per year on average. Employees who have a law degree make the most here, hauling in approximately $138K annually.

Skills

Employees who count Project Management among their skills enjoy higher pay; the median for this group is around $86K per year. A skill that is commonly seen around here is Insurance; just under a third deem it necessary for work. Key skills also include Customer Service, Claim Handling, and Microsoft Office.

Benefits and Perks

43 percent receive paid vacation, and only a sixth of workers get sick leave. The firm looks out for its employees by sponsoring assorted retirement savings plans such as a 401(k) plan and a company pension plan. At The Travelers Companies, Inc., a large number of respondents have health insurance, and most employees have dental coverage. A few more workplace perks are life insurance, tuition reimbursement, and a subsidized cell phone.

Key Stats for The Travelers Companies, Inc.

Gender

Female
46 %
Male
54 %
Salary
$45,573 - $95,165
Salary
$50,946 - $100,264
Less than 1 year
3%
1-4 years
22%
5-9 years
22%
10-19 years
29%
20 years or more
23%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 63 votes.
United States (change)

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