Travelers - Solid company and great people but internal problems | Glassdoor
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There are newer employer reviews for Travelers

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Helpful (1)

"Solid company and great people but internal problems"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Financial Intern
Former Employee - Financial Intern
No opinion of CEO

Pros

People are great to work with. Upper management very friendly and accessible. Lots of opportunity for career growth and development. Highly organized and passionate leadership development programs

Cons

Very prudent and conservative company. Lacks cohesive vision and culture. Workload was stressful and coworkers felt stretched thin. Constantly missing opportunities due to its conservative backwards approach to the industry.

Advice to Management

Travelers has some great people and opportunities. Probably the best in the P&C industry. However the company needs a refined vision and should be less conservative. Management tends to overlook hard work and fails to give recognition and appreciation, despite Fishman's claim of a "meritocracy."

Other Employee Reviews for Travelers

  1. "Project Manager's Review of Travelers"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager
    Former Employee - Project Manager
    Recommends
    Approves of CEO

    Pros

    Very professional organization that cares for its employees.
    Lots of opportunity for growth and advancement.
    The culture was oriented towards hard-work balanced with teamwork and a feeling of being part of a larger organization of which you could feel proud.

    Cons

    It was so large that it was impossible to keep track of which organization was doing what. As a result there appeared to be a lot of redundant efforts.

    Advice to Management

    Make additional effort to redeploy existing employees rather than laying them off. There is a lot of talet that walks out the door when a neighboring department is in need of a similar skillset.
    Be more transparent with employees regarding potential layoffs. They will find out anyway and not being up front leads to a lack of trust, foot-dragging, and conscious and unconscious sabotage.


  2. Helpful (1)

    "Penny Wise, Pound Foolish"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Claims
    Current Employee - Claims
    Doesn't Recommend
    No opinion of CEO

    Pros

    Performance expectations are generally well defined. If an employee can meet the performance expectations, he/she will be very competent. Employees will definitely know when they are not measuring up and are given plenty of opportunity to shape up.

    Cons

    Expense management swings to one extreme or the other. When business is booming, a lot of money is wasted on unnecessary meetings and travel. When the market goes soft, routine and ordinary expenses are sometimes disapproved. Corporate management has failed on getting computer systems updated and integrated. Some positive changes have been made within certain business units but overall, it's an IT and Operations jungle. Layoffs are disguised as staff adjustments or terminating poor performers.

    Advice to Management

    Bite the bullet and spend the money to modernize and integrate the computer systems. It will only be more expensive the longer it gets put off.


There are newer employer reviews for Travelers
There are newer employer reviews for Travelers

See Most Recent

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