Average Salary for The Travelers Companies, Inc. Employees

A salary of $73K annually is the median rate at The Travelers Companies, Inc. For the most part, employee paychecks at The Travelers Companies, Inc. fluctuate depending on how long you've been working; what you do at the company and geography also matter, but to a lesser degree. This report is based on answers to PayScale's salary questionnaire.

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The Travelers Companies, Inc. Median Salary by Job

MinMax

$78,218
$53K$103K

Underwriter
35 profiles
$68,592
$49K$93K

Account Manager
25 profiles
$50,044
$42K$59K

United States (change)

$60,169
$49K$71K

$72,000
$53K$116K

$89,575
$60K$117K

Claims Adjuster
15 profiles
$58,831
$51K$77K

  • Currency: USD
  • Updated: 20 Jan 2018
  • Individuals Reporting: 701
  • View Table

Find out more about pay at The Travelers Companies, Inc.

About This Company

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

The Travelers Companies, Inc. pays its employees an average of $74,649 a year. Salaries at The Travelers Companies, Inc. range from an average of $46,624 to $119,591 a year. The Travelers Companies, Inc. employees with the job title Chief Information Officer (CIO) make the most with an average annual salary of $249,761, while employees with the title Call Center Representative make the least with an average annual salary of $27,431.

Years of Experience

Between the one and five year mark, median pay is $59K per year. Those who have five to nine years of work experience see average salaries of around $77K annually. The greater proportion of employees (26 percent) report 10-19 years of experience and bring home median pay of about $92K per year.

Jobs

Senior Underwriters represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at approximately $90K annually — though Insurance Underwriters, Account Executives, and Underwriters also do fairly well at $78K, $78K, and approximately $69K, 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 (around $50K on average) at the company.

Locations

When it comes to location, the highest average paycheck ($93K per year) can be spotted in Hartford, Conn.; St. Paul, Minn. (about $80K), Atlanta, Ga. ($72K), and Walnut Creek, Calif. ($71K) are the next top-paying cities. Baltimore, Md. is one of the lowest-paid cities, with earnings averaging approximately $60K. Across The Travelers Companies, Inc.'s U.S. offices, employees in the state of Connecticut earn the most, taking home $91K annually.

Certifications and Degrees

Monetary compensation comes to around $128K per year for Licensed Lawyers, far surpassing the earnings of non-credentialed workers. On average, salaries rise to about $114K annually for accredited Project Management Professionals. The highest-paying degree here is a law degree; The Travelers Companies, Inc. awards $120K to these degree-holders.

Skills

When it comes to skills, employees who report Project Management among their abilities seem to make the most, reporting a median income of $97K per year. Insurance is a popular skill in the The Travelers Companies, Inc. workforce; just under a third of those surveyed report putting it to use in their jobs. Some other standard skills here are Customer Service, Claim Handling, and Negotiation.

Benefits and Perks

The firm looks out for its employees by sponsoring assorted retirement savings plans such as a 401(k) plan and a company pension plan. Health insurance is part of the package for almost all survey participants, and for a large number of workers, dental coverage is too. Employees can also look forward to life insurance, tuition reimbursement, a company cell phone, and a casual working environment.

The Travelers Companies, Inc. Job Listings

Key Stats for The Travelers Companies, Inc.

Gender

Female
49 %
Male
51 %
Salary
$45,458 - $94,828
Salary
$51,473 - $101,518

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 155 votes.
Less than 1 year
5%
1-4 years
25%
5-9 years
23%
10-19 years
26%
20 years or more
21%
$52,588 - $99,733
$44,963 - $100,921
$49,282 - $100,176
$56,618 - $109,604

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