There are newer employer reviews for Travelers Companies

6 people found this helpful  

TRAVELERS PURGES EMPLOYEES WHO ARE OVER 50 AND NEVER PAYS SEVERANCE

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Counsel  in  New York, NY
Current Employee - Counsel in New York, NY

I have been working at Travelers Companies

Pros

Throughout my career at Travelers, my co-workers have always been really talented, really great people and I felt it was a privilege to work with them. I was always proud of the work we did and proud of what we accomplished together.

Cons

The "new" Travelers culture introduced by Jay Fishman after the St. Paul merger is that nothing an employee can do is right, nothing an employee can do is ever enough, no result - no matter how great - is immune from "constructive" criticism, etc. In short, a truly toxic atmosphere has been created in what used to be an absolutely marvelous place to work. The individuals responsible for this choice in Home Office must have sold their souls to the devil to agree to this. I wonder if they would approve this management approach if members of their own families were treated the way Travelers' employees are treated? Back before the atmosphere was poisoned by the "Progressive" style of (mis-)management, I was willing to walk barefoot on ground glass to help my department excel. But Jay Fishman's poisonous approach to producing the appearance of profits has made that a thing of the past. And speaking of the past, you better not stay too long. If you're over 50 and you're not a politically connected manager, you'll be "managed out" no matter how good your work is. If you're a politically connected knucklehead, you can stay forever. But when Travelers tried to manage out the best in the business, which required total dishonesty on the part of the "reviewers," they hit a few speed bumps - namely the EEOC. The Feds are on to them, so stay tuned!

Advice to ManagementAdvice

Travelers is being audited and "file reviewed" to death. Hire the best in the business, let them actually WORK, then review them honestly. Oh, and one more thing: fire half the managers. They're doing you more harm than good.

Doesn't Recommend
Disapproves of CEO

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

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  1. 2 people found this helpful  

    Overworked and not enough pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Claims Representative  in  Saint Paul, MN
    Current Employee - Senior Claims Representative in Saint Paul, MN

    I have been working at Travelers Companies

    Pros

    Big name reputation with great benefits and a nice corporate culture. Ability to change career paths within the organization. Steady work in the recession

    Cons

    While company trying to keep expenses down, claims people are way over worked and under paid. This is affecting customer service to our clients as service is not timely

    Advice to ManagementAdvice

    The job is decent if not so overworked. Hire more claims people and give the company a boost in customer service ratings and satisfaction

    No opinion of CEO
  2.  

    Specialty Underwriting

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Underwriter  in  Seattle, WA
    Current Employee - Underwriter in Seattle, WA

    I have been working at Travelers Companies

    Pros

    Strong, financial company with good branding, good products and good people.

    Cons

    Top heavy with management and politics.

    Advice to ManagementAdvice

    Find better ways to support and encourage your workforce.

    Recommends
    Approves of CEO
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