Travelers Companies

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

 

Account executive

Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at Travelers Companies

Pros

Well run company that is a leader in the industry. Quality product to sell.

Cons

Slow to advance career. Easy to feel stalled. Small increases in base salary as focus is on pay for performance.

Advice to ManagementAdvice

Work to develop those that have expressed desire to take on leadership roles Before they are already looking elsewhere

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

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  1. 3 people found this helpful  

    Recommended for beginning a Claims career, but you can do better later on.

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

    I worked at Travelers Companies full-time (more than 10 years)

    Pros

    Good pay for entry level claims staff
    Excellent Claims training program
    You will find some very talented people work at Travelers, appreciate and learn from them
    Ethical Claims handling
    Stable company and upper management that is well thought of in the industry
    typical benefits found in the industry

    Cons

    Outdated Bell Shape Curve approach to performance evaluation statistically reduces raises to good or very good performers
    The performance evaluation raise and bonus determination process is also kept secret
    Micromanagement to the extreme, focus on process following, not results
    Claim file reviews now have over 150 line items to evaluate your claim files
    As in most companies this size, the Peter Principle applies on occasion.

    Advice to ManagementAdvice

    Bell Shape Curve approach and micromanagement will drive away talented, experienced self-starters. I was able to easily find a new job with another carrier, same position, where I am trusted to do my job without frequent oversight and get paid a lot more. Just got a great performance review for 2013 too.

    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Very busy, high demand

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

    I have been working at Travelers Companies

    Pros

    Very positive and friendly leadership, Benefits, flex scheduling

    Cons

    Very high demand of productivity (they tell you to take breaks but no one has time). Little recognition for hard work.

    Advice to ManagementAdvice

    All employees are talking work from home opportunities and the majority of our competitors are offering it. Time to "get w the times" and make this a n employee perk to offset the demand/work load.

    Doesn't Recommend
    No opinion of CEO
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