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Average Salary for The Travelers Companies, Inc. Employees

The median income for The Travelers Companies, Inc. employees is $73K per year. The most important factor affecting pay for The Travelers Companies, Inc. employees is your experience level, though your job title and your city play a role as well. This summary is derived from information collected in the PayScale salary survey.

How This Employer Pays

The Travelers Companies, Inc. typically pays:
5%
above market
Similar employers pay:
-5%
below market
Employer: The Travelers Companies, Inc.
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
[-]Account Executive (17)
$50,550 - $101,367  
   
[-]Account Executive (17)
Salary$49,777 - $100,733  
   
Bonus$0.00 - $24,468  
Total Pay$50,550 - $101,367  
[+]Account Manager (15)
$42,742 - $65,742  
   
[+]Account Manager (15)
Salary$41,927 - $61,683  
   
Bonus$415.18 - $8,898  
Total Pay$42,742 - $65,742  
[+]Insurance Underwriter (13)
$57,188 - $106,945  
   
[+]Insurance Underwriter (13)
Salary$49,460 - $102,239  
   
Bonus$1,007 - $14,899  
Total Pay$57,188 - $106,945  
[+]Underwriter (13)
$47,399 - $99,017  
   
[+]Underwriter (13)
Salary$47,399 - $89,227  
   
Bonus$939 - $14,785  
Profit Disbursement$702 - $8,497  
Total Pay$47,399 - $99,017  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 5 Nov 2014 | Individuals Reporting: 339
United States (change)

The Travelers Companies, Inc. Details

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

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

Years of Experience

Those with one to four years of experience at the company can expect to make $58K. For those with five or more years experience, average earnings amount to about $73K. When we consider tenure, a substantial portion of employees (28 percent) have been working for 10-19 years and make around $80K annually.

Jobs

Typically, Risk Control Consultants are the best paid with salaries hovering at $89K; Insurance Underwriters, Account Executives, and Underwriters also rank near the top of the list, pulling in $77K, approximately $77K, and $70K, respectively. Earning only about $49K, Account Managers make less than most people in the company.

Locations

When it comes to location, the highest average paycheck ($83K per year) can be spotted in Baltimore; Chicago (approximately $80K), Dallas ($79K), and Hartford (around $79K) are the next top-paying cities. Approaching the lower end of the pay scale (at $73K) is New York. The Travelers Companies, Inc. workers in California earn the most — $81K annually on average.

Certifications and Degrees

Licensed Lawyers have significantly higher pay than non-accredited workers at approximately $129K. Chartered Property Casualty Underwriters with credentials can live quite comfortably; salaries come in at about $93K per year. Regarding salaries and education, The Travelers Companies, Inc. pays those with a Bachelor of Science in Computer Information Systems (CIS) the most — $116K.

Skills

Skill-wise, employees who report Project Management as part of the toolkit report the most money, earning around $98K on average. It's pretty common to find people here who know Insurance; nearly one-fourth consider it a key competency. Employees also tend to know Claim Handling, Customer Service, and Negotiation.

Benefits and Perks

45 percent have paid vacation, and only about one in six workers can take paid time off for illness. Those seeking to set aside retirement funds can rely on several savings options such as a 401(k) plan and a company pension plan. The vast majority of workers have health insurance, and benefits for a solid majority of workers also include dental insurance. Employees can also look forward to life insurance, a subsidized cell phone, and tuition reimbursement.

Key Stats

Female
49 %
Male
51 %
Salary
$45,170 - $90,908
Salary
$49,813 - $99,036
Less than 1 year
3%
1-4 years
23%
5-9 years
21%
10-19 years
29%
20 years or more
24%
Extremely satisfied
Rated 5 out of 5
based on 94 votes.

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