“We’re honored to be recognized as a great company for individuals to begin their careers with,” says John Clifford, executive vice president, human resources. “In today’s job market, competition is stiff among employers to attract entry-level employees. In order to attract the best talent, we have to be in-synch with what young professionals are looking for in a company.”
One of the advantages Travelers offers entry-level employees is the opportunity to participate in one of five Leadership Development Programs. These programs allow participants to rotate every six to nine months through several areas within a department they designate as a field of interest, such as financial management or information technology. They learn by doing and, at the conclusion of the two to three years of rotational assignments, have a better idea of what opportunities within the company are the best fit for them.
Additionally, to serve the job search needs of recent college graduates, Travelers launched a new Careers Web site. The site offers a wide range of tools specifically for the entry-level candidate, such as resume preparation and tips on interviewing and transitioning from school to work. It also includes an interactive “major match-up” tool to help students and new graduates find opportunities that best fit their educational background.
“BusinessWeek” ranks companies based on an extensive survey given to college career services directors, employers and college students. Respondents are asked to comment on hiring practices, pay scales, benefits and overall work environment. Ranked number 37 out of 95 companies, Travelers is listed among such industry leaders as Microsoft, Walt Disney, General Electric and Deloitte & Touche.
About Travelers
The Travelers Companies, Inc. (NYSE:TRV) is a leading property casualty insurer selling primarily through independent agents and brokers. The company’s diverse business lines offer its global customers a wide range of coverage in both the personal and commercial settings, including automobile, homeowners, construction, small business, oil and gas, ocean marine, bond and financial products, global technology and public sector services. Travelers is a Fortune 100 company, with 2006 revenues of $25.09 billion and total assets of $113.76 billion. The company has approximately 33,000 employees.