Average Salary for The Travelers Companies, Inc. Employees

The median salary at The Travelers Companies, Inc. is $73K per year. The most important factor affecting pay for The Travelers Companies, Inc. employees is your experience level, though where you live and what you do at the company play a role as well. This overview is based on answers to PayScale's salary questionnaire.

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Employer: The Travelers Companies, Inc.
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About This Company

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


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Years of Experience

Respondents who have been working for five to nine years make around $74K annually on average. Workers who have been with the company for more than one year but less than five can make $58K per year on average. Broken down by tenure, the largest share of The Travelers Companies, Inc. employees (27 percent) have 10-19 years of experience and earn approximately $90K annually on average.

Locations

When it comes to location, the highest average paycheck ($92K per year) can be spotted in Hartford, Conn.; St. Paul, Minn. ($81K), New York, N.Y. (about $72K), and Walnut Creek, Calif. (approximately $71K) are the next top-paying cities. On the lower end is Baltimore, Md. at $58K. By state, The Travelers Companies, Inc. employees make the most in Pennsylvania, earning $95K annually on average.

Jobs

Nearing the top of the pay scale are Account Executives, Underwriters, Auto Damage Insurance Appraisers, and Insurance Claims Adjusters; while the first receives the highest median pay at $77K per year, the other salaries come in at around $70K, about $62K, and approximately $58K, respectively. Account Managers at The Travelers Companies, Inc. do not see much in the way of financial compensation and represent one of the lower-paid positions ($50K on average) at the company.

Certifications and Degrees

Licensed Lawyers are compensated at a much higher rate than non-authorized workers, bringing in close to about $130K annually. On average, salaries rise to around $108K per year for accredited Project Management Professionals. Employees who have a Master of Arts (MA) make the most here, hauling in $125K annually.

Skills

When it comes to skills, Project Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of $94K per year. Insurance is considered a run-of-the-mill skill; nearly one in four of The Travelers Companies, Inc.'s people use it regularly. Other top skills include Customer Service, Claim Handling, and Negotiation.

Benefits and Perks

Workers who save for retirement get lots of help because the company offers a number of savings programs including a 401(k) plan and a company pension plan. For almost all survey participants, benefits include health insurance, and most respondents get dental coverage, too. Privileges also include life insurance, tuition reimbursement, a subsidized cell phone, and flexible hours.

The Travelers Companies, Inc. Employer Job Listings

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Key Stats for The Travelers Companies, Inc.

Gender

Female
50 %
Male
50 %
Salary
$44,988 - $94,715
Salary
$52,185 - $96,343
Less than 1 year
5%
1-4 years
26%
5-9 years
23%
10-19 years
27%
20 years or more
20%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 77 votes.
$51,597 - $94,099
$48,894 - $97,318
$51,064 - $93,833
$45,985 - $69,622

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