Average Salary for The Travelers Companies, Inc. Employees

The Travelers Companies, Inc. employees bring home $77K per year on average. The most important factor affecting pay for The Travelers Companies, Inc. employees is your experience level, though what you do at the company and geography play a role as well. The data in this summary comes from the PayScale salary survey.

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How This Employer Pays

The Travelers Companies, Inc. typically pays:
3%
above market
Similar employers pay:
at 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 (18)
$51,539 - $110,738  
   
[-]Account Executive (18)
Salary$50,485 - $101,490  
   
Bonus$0.00 - $24,468  
Total Pay$51,539 - $110,738  
[+]Account Manager (17)
$43,635 - $59,800  
   
[+]Account Manager (17)
Salary$43,051 - $59,206  
   
Bonus$380.26 - $7,681  
Total Pay$43,635 - $59,800  
[+]Underwriter (12)
$46,979 - $99,309  
   
[+]Underwriter (12)
Salary$46,979 - $89,547  
   
Bonus$778 - $15,889  
Profit Disbursement$598 - $6,985  
Total Pay$46,979 - $99,309  
[+]Insurance Claims Adjuster (10)
$36,241 - $93,370  
   
[+]Insurance Claims Adjuster (10)
Salary$35,235 - $93,370  
   
Bonus$283.89 - $4,386  
Total Pay$36,241 - $93,370  
 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: 29 Mar 2015 | Individuals Reporting: 325

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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

For those with five to nine years of experience, average earnings amount to about $74K annually. Those with one to four years of experience at the company can expect to make around $59K per year on average. When we consider tenure, a substantial portion of employees (29 percent) have been working for 10-19 years and make $83K annually on average.

Jobs

Risk Control Consultants are the best paid with the average salary hovering at $85K per year; Insurance Underwriters, Account Executives, and Underwriters also rank near the top of the list, pulling in approximately $84K, $76K, and $69K, respectively. On the lower end are Account Managers at $49K on average.

Locations

When it comes to location, the highest average paycheck (approximately $87K annually) can be spotted in Hartford, Conn.; Atlanta, Ga. ($79K), St. Paul, Minn. (around $76K), and Charlotte, N.C. (about $76K) are the next top-paying cities. Chicago, Ill. ranks low on the pay scale — at $65K, it is one of the lowest-paid cities. By state, Connecticut offers the highest pay at about $85K per year.

Certifications and Degrees

Salaries approach around $127K annually for Licensed Lawyers; non-accredited workers make much less. Certified Risk Managers also rank high on the pay scale, with expected average earnings of approximately $106K per year. Regarding salaries and education, The Travelers Companies, Inc. pays those with a law degree the most — $138K.

Skills

The highest-paying skill to have may be Project Management; employees who claim proficiency also report a higher average salary of $85K annually. Insurance is a popular skill in the The Travelers Companies, Inc. workforce; just under one in three of those surveyed report putting it to use in their jobs. Key skills also include Customer Service, Claim Handling, and Microsoft Office.

Benefits and Perks

Only 44 percent at The Travelers Companies, Inc. enjoy paid vacation time, and just a sixth of survey respondents can take sick leave. Workers wishing to put aside retirement money are in luck; The Travelers Companies, Inc. sponsors various plans such as a 401(k) plan and a company pension plan. For almost all survey participants, benefits include health insurance, and most employees get dental coverage, too. Other privileges include life insurance, a subsidized cell phone, and tuition reimbursement.

Key Stats for The Travelers Companies, Inc.

Gender

Female
46 %
Male
54 %
Salary
$45,146 - $94,347
Salary
$51,527 - $100,264
Less than 1 year
3%
1-4 years
22%
5-9 years
22%
10-19 years
29%
20 years or more
24%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 67 votes.
United States (change)

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