Travelers Companies

www.travelers.com
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There are newer employer reviews for Travelers Companies

 

Stable company and environment

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - 2vp in Hartford, CT
Current Employee - 2vp in Hartford, CT

I have been working at Travelers Companies full-time (more than 5 years)

Pros

good solid company with conservative approach to investments. This results in a slow and steady approach.

Cons

Slow on the uptake of new ideas and opportunities, a little behind the time when it comes to appreciation for the latest technology, latest process controls, etc. Introduction of new ideas and concepts not entertained unless sponsored at a senior level. This is probably not uncommon for large companies, but certainly will not make this an environment able to compete for top talent willing to relocate to smaller companies looking for creative thinkers. This also results in a risk averse environment.

Advice to ManagementAdvice

External hires into leadership positions as well as clear identification of a "select few" for the internal movement makes it difficult for others to understand their career opportunities.

Recommends
Neutral Outlook
Approves of CEO

773 Other Employee Reviews for Travelers Companies (View Most Recent)

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  1. 2 people found this helpful  

    Challenging environment with good work-life balance and flexibility

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director in Hartford, CT
    Current Employee - Director in Hartford, CT

    I have been working at Travelers Companies full-time (more than 10 years)

    Pros

    Good opportunity for new college graduates. Ability to learn, develop skills and career progression.
    Numerous opportunities in the Field Office and the Home Office for a variety of disciplines within the Insurance industry.

    Cons

    Little opportunity for seasoned, well educated employees to impact strategy. Lack of career path/ movement at the 10+ years experience level.

    Advice to ManagementAdvice

    Better utilize the skill sets of employees to implement strategies. A lot of talent is being underutilized or is not well positioned to support managers. Mangers lacking the experience or background would be well served to have more seasoned members to support their teams.

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 3 people found this helpful  

    Decent Company but Poor on Perceptions

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Travelers Companies full-time

    Pros

    Travelers is a very conservative and financially stable company. The pay scale is competitive with other carriers.

    Cons

    Much of the upper and middle management of this company makes so many decisions based on their perceptions of someone. And most of the time their perception is very far from the truth. For example, I had an employee on final warning for job performance and when they decided to open another office, they promoted him to a manager. I have seen this type of behavior over and over. And reverse descrimination is another problem. They will tell you to hire someone because of their nationality or gender, even if you have 3 or 4 other candidates that are better qualified and have more potential. People are selected for leadership programs in this same manner.

    Advice to ManagementAdvice

    Survey your employees on what is really happening at the field office level and do so without fear of retaliation for expressing their concerns. There are so many inefficiencies in the field that are driven by field and regional management most of which have no idea of what it takes to do the job in the trenches. Do a better job of getting the right people in the seats to do the work. Take a more proactive stance at getting rid of the poor performers. It should not take 2 years to terminate someone that has not been doing their job for the past 5 years just because they are a long-term employee and/or a minority.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
There are newer employer reviews for Travelers Companies

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