Manager, Audit Salary at Travelers Insurance Co BETA

How much does a Travelers Insurance Co Manager, Audit make?

As of December 2024, the average annual salary for a Manager, Audit at Travelers Insurance Co is $197,101, which translates to approximately $95 per hour. Salaries for Manager, Audit at Travelers Insurance Co typically range from $176,926 to $217,902, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Travelers Insurance Co Overview

Website:
travelers.com
Size:
15,000 - 50,000 Employees
Revenue:
$10B - $50B
Industry:
Insurance

The Travelers Companies, Inc., through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United states and internationally. The company operates through three segments: Business and International Insurance, Bond & Specialty Insurance, and Personal Insurance. The Business and International Insurance segment offers property and casualty products, including commercial multi-peril, commercial property, general liability, commercial automobile, and workers' compensation; and personal property, employers' liability, public and product liability, professional indemnity, commercial property, surety, marine, aviation, personal accident, and kidnap and ransom insurance. This segment operates through select accounts, which serve small businesses; commercial accounts that serve mid-sized businesses; national accounts, which serve large companies; first party that provides traditional and customized property insurance programs to large and mid-sized customers; and specialized distribution, which markets and underwrites its products through brokers, wholesale agents, program managers, and specialized retail agents. The Bond & Specialty Insurance segment provides fidelity and surety and general liability products, as well as others, such as property, workers' compensation, commercial automobile, and commercial multi-peril insurance products. The Personal Insurance segment offers property and casualty insurance covering personal risks, primarily automobile and homeowners insurance to individuals. The company distributes its products primarily through independent agencies and brokers. The Travelers Companies, Inc. was founded in 1853 and is based in New York.

See similar companies related to Travelers Insurance Co

What Skills Does a person Need at Travelers Insurance Co?

At Travelers Insurance Co, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. CPA: A CPA, or Certified Public Accountant, is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals.
  2. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  3. Internal Audit: Internal auditing is an independent, objective assurance and consulting activity designed to add value to and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes. Internal auditing achieves this by providing insight and recommendations based on analyses and assessments of data and business processes. With commitment to integrity and accountability, internal auditing provides value to governing bodies and senior management as an objective source of independent advice. Professionals called internal auditors are employed by organizations to perform the internal auditing activity. The scope of internal auditing within an organization is broad and may involve topics such as an organization's governance, risk management and management controls over: efficiency/effectiveness of operations (including safeguarding of assets), the reliability of financial and management reporting, and compliance with laws and regulations. Internal auditing may also involve conducting proactive fraud audits to identify potentially fraudulent acts; participating in fraud investigations under the direction of fraud investigation professionals, and conducting post investigation fraud audits to identify control breakdowns and establish financial loss.
  4. Auditing: Auditing refers to the independent examination of financial information of any entity whether profit oriented or not. It is a safeguard measure that prevents corruption.
  5. Internal control: Internal control, as defined by accounting and auditing, is a process for assuring of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies.

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Check more jobs information at Travelers Insurance Co

Job Title Average Travelers Insurance Co Salary Hourly Rate
2 Account Consultant $90,265 $43
3 Account Executive & Associate $90,265 $43
4 Account Executive & Trainee $108,470 $52
5 Account Manager I $90,265 $43
6 Account Manager, Construction $115,565 $56
7 Account Manager, Middle Market $149,672 $72
8 Account Manager, Receivable $139,187 $67
9 Account Operations Specialist $149,672 $72
10 Account Service Manager $165,690 $80
11 Account Underwriter, Private & Non-Profit $133,760 $64
12 Accounting Executive $70,349 $34
13 Actuary $164,426 $79

Hourly Pay at Travelers Insurance Co

The average hourly pay at Travelers Insurance Co for a Manager, Audit is $95 per hour. The location, department, and job description all have an impact on the typical compensation for Travelers Insurance Co positions. The pay range and total remuneration for the job title are shown in the table below. Travelers Insurance Co may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $197,101 look to you?

FAQ about Salary and Jobs at Travelers Insurance Co

1. How much does Travelers Insurance Co pay per hour?
The average hourly pay is $95. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Travelers Insurance Co?
According to the data, the highest approximate salary is about $217,902 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Travelers Insurance Co?
According to the data, the lowest estimated salary is about $176,926 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.