Updated August 22, 2022

Average The Travelers Companies Salary

$66,351yearly

To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC) Show More
$31.90 hourly

Entry level Salary
$35,000 yearly
$35,000
10 %
$66,351
Median
$125,000
90 %

How Much Does The Travelers Companies Pay?

The Travelers Companies pays $66,351 a year, on average, or $31.9 an hour.

There is a significant gap between what The Travelers Companies pays the bottom 10 percent of earners and the top 10 percent of earners. The lowest-paid workers at The Travelers Companies make less than $35,000 a year, while the highest-paid workers earn over $125,000.

Salaries vary by department as well. Workers in the engineering department can earn an average of $105,980 per year. However, workers in the plant/manufacturing department earn an average salary of $99,363 per year.

In terms of how geography influences how much The Travelers Companies pays employees, those located in Morristown, NJ, New York, NY, and West Bridgewater, MA earn the highest salaries.

Highest Paying Jobs At The Travelers Companies

While The Travelers Companies employees earn an average yearly salary of $66,351, different roles can command different wages. Some of the job titles with high salaries at The Travelers Companies are associate counsel, finance director, quality assurance lead, and information engineer. A typical associate counsel salary at The Travelers Companies is $140,411. To get a better sense of the salaries at The Travelers Companies, other roles such as insurance underwriter and customer care associate can be considered as well. For comparison, the title insurance underwriter at The Travelers Companies earns $33,409 per year.

Highest Paying Jobs At The Travelers Companies

Rank  Job Title  Average The Travelers Companies Salary  Hourly Rate  
1Associate Counsel$140,411$67.51
2Finance Director$137,259$65.99
3Quality Assurance Lead$115,825$55.69
4Information Engineer$112,882$54.27
5Director Of Human Resources$108,146$51.99
6Software Engineer$106,893$51.39
7Applications Developer$102,964$49.50
8Business Analyst$101,465$48.78
9Senior Management Consultant$101,186$48.65
10Actuarial Assistant$100,183$48.16
11Technical Specialist$92,624$44.53
12General Adjuster$92,448$44.45
13Account Executive$91,349$43.92
14Claims Analyst$90,919$43.71
15Compensation Adjuster$90,394$43.46
16Risk Control Consultant$88,044$42.33
17Account Underwriter$87,213$41.93
18Programmer$85,771$41.24
19Insurance Counselor$81,581$39.22
20Unit Manager$81,339$39.11

Highest Paying The Travelers Companies Competitor Salaries

Competitors of The Travelers Companies include Zurich, The Hanover Insurance Group, and FCCI. The average salaries at Zurich rank the highest, with their employees earning an average salary of $76,684 per year. The employees at The Hanover Insurance Group earn an average yearly salary of $71,343 per year, and the salaries at FCCI average $70,758 per year.

Salaries By The Travelers Companies Competitors

Rank  Company Name  Zippia Score  Average Salary  
1Zurich4.8$76,684
2The Hanover Insurance Group4.9$71,343
3FCCI4.4$70,758
4Great American Insurance4.7$69,663
5Chubb4.9$65,349
6Summit Consulting4.1$63,037
7National Western Life4.3$62,315
8Aon Risk Services Inc of Maryland4.4$61,701
9CNA Insurance4.6$61,107
10Fireman's Fund Insurance Company4.5$61,089
11Safeco Insurance4.5$58,556
12PMA Companies4.5$57,071
13Northland Insurance4.0$54,845
14Foremost Insurance3.8$54,591
15ACE Group Holdings Inc4.3$53,835
16Kemper4.5$53,268
17Sentry4.7$50,776
18Progressive4.6$50,229
19GEICO4.4$44,417
20Allstate4.6$42,604

How Much Does The Travelers Companies Pay By Location?

When choosing a place to work, it's important to factor in the cost of living when negotiating a salary. Looking at our data, we can see that employees at The Travelers Companies earn more in some areas than others. The city that stands out for having the highest pay is Morristown, NJ, where The Travelers Companies pays its workers an average salary of $77,266. The Travelers Companies Employees in New York, NY don't earn quite as much. The median salary in New York, NY is $76,523.

Salaries By Location At The Travelers Companies

Rank  Location  Average The Travelers Companies Salary  Hourly Rate  
1Morristown, NJ$77,266$37.15
2New York, NY$76,523$36.79
3West Bridgewater, MA$75,645$36.37
4Hartford, CT$75,312$36.21
5Washington, DC$75,101$36.11
6Spokane, WA$72,834$35.02
7Bedford, NH$71,897$34.57
8Glendale, CA$71,195$34.23
9Troy, MI$69,813$33.56
10Blue Bell, PA$68,977$33.16
11South Portland, ME$68,668$33.01
12Lake Oswego, OR$68,577$32.97
13Huntingtown, MD$67,994$32.69
14Naperville, IL$67,056$32.24
15Richmond, VA$65,330$31.41
16Saint Paul, MN$64,989$31.24
17Independence, OH$64,975$31.24
18Brookfield, WI$64,868$31.19
19Centennial, CO$63,836$30.69
20Hope, ID$62,931$30.26

The Travelers Companies Salaries By Department

Salaries at The Travelers Companies differ depending on the department or organizational function. For example, workers in the engineering function earn the highest salaries at The Travelers Companies, with average earnings of $105,980. The second-highest paying department is plant/manufacturing, where employees earn an average salary of $99,363 per year. Departments that don't pay as well at The Travelers Companies include the customer service and administrative organizational functions, with employees earning $40,258 and $49,103, respectively.

Salaries By Department At The Travelers Companies

Rank  Department  Average The Travelers Companies Salary  Hourly Rate  
1Engineering$105,980$50.95
2Plant/Manufacturing$99,363$47.77
3Marketing$95,647$45.98
4Business Development$91,377$43.93
5IT$84,272$40.52
6Legal$80,808$38.85
7Sales$75,917$36.50
8Human Resources$71,288$34.27
9Healthcare$68,656$33.01
10Accounting$65,396$31.44
11Finance$64,280$30.90
12Non Profit/Government$55,116$26.50
13Administrative$49,104$23.61
14Customer Service$40,259$19.36

How Much Does The Travelers Companies Pay by Department?

Best Paying The Travelers Companies Finance Position Salaries

Rank  Position  Average The Travelers Companies Salary  Hourly Rate  
1Senior Finance Consultant$102,781$49.41
2Actuarial Associate$100,941$48.53
3Actuarial Assistant$100,183$48.16
4Senior Finance Analyst$93,034$44.73
5General Adjuster$92,448$44.45
6Claims Analyst$90,919$43.71
7Compensation Adjuster$90,394$43.46
8Accounts Receivable Manager$89,133$42.85
9Risk Control Consultant$88,044$42.33
10Account Underwriter$87,213$41.93
11Litigation Claim Representative$73,140$35.16
12Claim Specialist$72,986$35.09
13Subrogation Specialist$58,229$27.99
14Account Processor$47,369$22.77
15Claims Representative$42,677$20.52
16Insurance Underwriter$33,409$16.06

Best Paying The Travelers Companies Sales Position Salaries

Rank  Position  Average The Travelers Companies Salary  Hourly Rate  
1Account Executive$91,349$43.92
2Insurance Counselor$81,581$39.22
3Commercial Representative$80,447$38.68
4Sales Counselor$69,961$33.64
5Account Manager$67,804$32.60
6Insurance Service Representative$43,613$20.97
7Sales Agent$37,663$18.11

Best Paying The Travelers Companies IT Position Salaries

Rank  Position  Average The Travelers Companies Salary  Hourly Rate  
1Technical Director$161,061$77.43
2Senior Architect$141,451$68.01
3Clinical Data Management Associate Director$133,563$64.21
4Corporate Security Manager$113,351$54.50
5Systems Administrator$109,540$52.66
6Infrastructure Engineer$109,367$52.58
7Scrum Master$107,681$51.77
8Manager, Project Management$104,647$50.31
9Technical Specialist$92,624$44.53
10Information Systems Specialist$90,135$43.33
11Data Security Analyst$89,481$43.02
12Programmer Analyst$85,135$40.93
13Unit Manager$81,339$39.11
14Network Administrator$80,665$38.78
15Senior Service Desk Technician$54,048$25.98
16Computer Operator$52,618$25.30
17Information Technology Internship$39,770$19.12
18Home Advisor$39,324$18.91
19Peripheral Equipment Operator$38,904$18.70

Recently Added The Travelers Companies Salaries

Job  Location  Date Added  Salary  
Premium Auditor AssociateAlpharetta, GA07/26/2022$50,300
Auto Salvage Coordinator-New BonusCentennial, CO07/26/2022$37,800
Premium Auditor Associate-Houston orHouston, TX07/26/2022$77,000
Manager-Bond and Specialty Insurance PricingSaint Paul, MN07/26/2022$95,000
User Experience Research LeadHartford, CT07/26/2022$88,600

Frequently Asked Questions About The Travelers Companies Salaries

Is the pay good at The Travelers Companies?

Yes, the pay is good at The Travelers Companies. Compared to the industry average of $59,162 per year, the average annual salary at The Travelers Companies is $66,351, which is 12.15% higher.

What is the starting pay at The Travelers Companies?

The starting pay at The Travelers Companies is $35,000 per year, or $16.83 per hour.

How much does The Travelers Companies pay compared to Chubb?

The Travelers Companies pays $66,351 per year on average compared to Chubb which pays $65,349. That works out to $31.90 per hour at The Travelers Companies, compared to $31.42 per hour at Chubb.

How much does The Travelers Companies pay an hour?

The Travelers Companies pays $31.90 an hour, on average.

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Zippia gives an in-depth look into the details of The Travelers Companies, including salaries, political affiliations, employee data, and more, in order to inform job seekers about The Travelers Companies. The employee data is based on information from people who have self-reported their past or current employments at The Travelers Companies. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by The Travelers Companies. The data presented on this page does not represent the view of The Travelers Companies and its employees or that of Zippia.