The highest paychecks go to Senior Account Executives, who earn an average around $105K annually, closely trailed by Risk Control Consultants (about $84K), Insurance Underwriters ($80K), and Account Executives (approximately $76K). Among the lower-paid positions at The Travelers Companies, Inc. are Account Managers — the median salary for this role approaches $49K.
Years of Experience
Those with one to four years of experience at the company can expect to make $57K per year on average. Survey participants who have worked at The Travelers Companies, Inc. for between five and 10 years earn $73K annually on average. The largest slice of the The Travelers Companies, Inc. workforce (28 percent) has been working for 10-19 years and earns, on average, about $86K per year.
When it comes to location, the highest average paycheck (approximately $105K annually) can be spotted in San Francisco, Calif.; Hartford, Conn. (around $84K), Atlanta, Ga. ($79K), and St. Paul, Minn. ($75K) are the next top-paying cities. Approaching the lower end of the pay scale (at $62K) is Baltimore, Md. By state, The Travelers Companies, Inc. pays its California employees the most; the pay rate there is $84K per year.
Certifications and Degrees
Monetary compensation comes to $125K annually for Licensed Lawyers, far surpassing the earnings of non-credentialed workers. Bigger paychecks are awarded to Certified Risk Managers with credentials; these people earn around $102K per year on average. The best paid folks at The Travelers Companies, Inc. have a Juris Doctor (JD), Law, earning about $105K annually.
In this position, it pays to have Project Management in your toolkit; employees who claim proficiency enjoy a higher median salary of approximately $98K per year. Folks here also tend to know Insurance; on the survey, slightly less than a third of workers named it in their skills portfolios. Some other standard skills here are Customer Service, Claim Handling, and Microsoft Office.
Benefits and Perks
43 percent receive paid vacation, and only one in six survey participants get sick leave. Quite a few retirement plans are on offer at The Travelers Companies, Inc., including a 401(k) plan and a company pension plan. Nearly all employees have health insurance, and benefits for most survey participants also include dental insurance. Perks also include life insurance, tuition reimbursement, and a subsidized cell phone.