The Travelers Companies, Inc

Investment Analyst Development Program

The Travelers Companies, Inc$81K — $134K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree with a minimum GPA of 3.5
  • Team experience and previous internship or practical work experience required
  • Demonstrates initiative and leadership potential
  • Possesses strong analytical thinking skills
  • Excellent written and verbal communication skills

Responsibilities

  • Participate in evaluating new and existing securities in the credit track
  • Monitor relevant news and research affecting securities holdings
  • Utilize analytics software for credit and portfolio analysis
  • Prepare reports tracking deal flow and performance trends
  • Engage with issuer representatives and analysts for insights
  • Design models for analyzing portfolio performance and risk in the quantitative track
  • Participate in creating tools and reports to support portfolio management
  • Conduct return attribution analysis and prepare related reports

Benefits

  • Health insurance from the first day of employment for employees and their families
  • 401(k) matching contributions dollar-for-dollar up to 5% of eligible pay
  • Minimum of 20 annual Paid Time Off days plus nine paid company holidays
  • Access to a comprehensive wellness program and mental health resources
  • Engagement in community service with a Matching Gift and Volunteer Rewards program
Full Job Description
Job Category

Investments

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range
$81,500.00 - $134,500.00

Target Openings

4

What Is the Opportunity?

Develops the skills, through independent and on-the-job training, to become an investment analyst.

This two-year program introduces people who have an interest and aptitude for the investment management industry to all aspects of fixed-income capital markets. The position will provide meaningful, challenging work opportunities in various areas of the fixed income department. The program is designed to emphasize one of two tracks - Credit or Quantitative - and involves both project-oriented and recurring assignments in support of fixed income analysts and portfolio managers.

Applicants must be authorized to work for ANY employer in the U.S. The company does not sponsor/support H-1B petitions, TN, or Forms I-983/STEM OPT, for this role.What Will You Do?
  • Job duties will vary based on market conditions and department needs, with responsibilities expanding progressively as appropriate.


CREDIT TRACK:

Credit Research Associate Analysts play an active role in evaluating new and existing securities, sectors and asset classes. Core responsibilities include:
  • Monitoring news and externally generated research pertinent to existing and potential securities holdings and communicating this information in a timely and effective manner.
  • Presentation of historical and pro forma financial statement results and associated credit analysis ratios.
  • Utilizing analytics software and databases to develop or refine tools and models used in credit, securities and portfolio analysis process.
  • Preparation of reports designed to track deal flow or identify credit or portfolio performance trends.
  • Fundamental credit, sector and asset class research.
  • Engaging with issuer representatives, sell-side analysts and rating agency professionals through in-person meetings, telephonic discussions, and webcasts.
  • Presenting investment, portfolio and/or sector analysis in formal and ad-hoc meeting formats.
  • Perform other duties as assigned.


QUANTITATIVE TRACK:

Quantitative Research Associate Analysts play an active role in the use and development of models and processes for analyzing portfolio performance and risk. Core responsibilities include:
  • Utilizing modeling software, analytical tools, databases and other decision aids in support of recurring and ad-hoc portfolio, transaction, and credit analysis needs.
  • Performing return attribution analysis and evaluating the results.
  • Designing and building enhanced analytics for modeling fixed income securities.
  • Participating in the development and implementation of new tools, models and reports to support the portfolio management process.
  • Preparing reports designed to identify and monitor risk or aid in the analysis of portfolios, transactions, sectors or credits.
  • Assisting in the maintenance of the treasury futures portfolio.
  • Perform other duties as assigned.
What Will Our Ideal Candidate Have?
  • Team experience and internship or other practical work experience are required.
  • Candidates should demonstrate initiative, leadership potential, versatility, follow-through, sound analytical thinking, strong written and verbal communication skills, and the ability to deliver high-quality work.


SUGGESTED MAJORS:
  • Credit Track: Finance/Accounting, Economics, Political Science, Liberal Arts
  • Quantitative Track: Science, Mathematics, Engineering, Computer Science


What is a Must Have?
  • Bachelor's Degree with minimum GPA of 3.5.


What Is in It for You?
  • Health Insurance: Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment.
  • Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
  • Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
  • Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.

About The Travelers Companies, Inc

Travelers is an insurance leader, committed to keeping pace with the ever-changing needs of their customers and anticipating their needs for the future. There is no stronger testament to their dedication to protecting customers from loss than their continued innovation and ability to transform their industry. In fact, from the first-ever auto and space travel policies and hybrid car discount, to the 2009 founding of The Travelers Institute for public policy, their history of advancements has propelled their company—and their industry—towards ever higher standards for customers. Travelers is a company that works hard at the science of what they do: they analyze information, process perspectives and measure results to create the best combination of products and services. They work equally hard at customer service and how they interact with the people whom they do business. Over the years, they've strived to earn their customer's loyalty by continually improving their abilities to listen and respond to their needs.

The Travelers Companies, Inc Careers

Join the vibrant team at The Travelers Companies, Inc, a leader in the insurance industry, and propel your career to new heights with a company known for its commitment to innovation, leadership, and professional growth.

Explore Job Opportunities and Growth

At The Travelers Companies, Inc, we offer a plethora of job opportunities that cater to a variety of skills and professional interests. Whether you're seeking a position in management, customer service, underwriting, or IT, we have a place for you. Our commitment to professional growth means we provide unparalleled career advancement tools and leadership training to help you climb the ladder of success.

Internship Programs: A Gateway to Employment

Kickstart your career with our dynamic internship programs. These opportunities are designed not just to teach, but to challenge and expand your understanding of the industry. Internships at Travelers are a perfect way to enhance your resume and gain valuable real-world experience, making you a competitive candidate for future employment.

Culture and Benefits

At The Travelers Companies, Inc, we pride ourselves on a culture that fosters diversity, networking, and innovation. Our team is our family, and we support each other's professional and personal growth. The benefits at Travelers are comprehensive, designed to meet the diverse needs of our employees, including health, wellness, and continuous education.

Hiring Process: What to Expect

Our hiring process is straightforward and transparent, designed to find passionate, curious, and solution-driven team players. From the initial application and resume submission to the interview, we ensure that every candidate is treated with respect and given a fair chance to demonstrate their capabilities.

Career Development and Training

We believe in nurturing talent and providing our team with the tools they need to succeed. Our career development programs include professional training, diversity training, and skills enhancement workshops. These resources are tailored to foster innovation and empower our employees with the latest industry knowledge and best practices.

Join Our Team

Are you ready to explore the exciting career opportunities at The Travelers Companies, Inc? Search open positions that match your skills and interests. We are always looking for individuals who are driven to innovate and lead.

Stay Connected

Keep up to date with the latest news, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the rewarding opportunities that await at The Travelers Companies, Inc.

Explore Careers at The Travelers Companies, Inc

Embark on a journey of growth, opportunity, and excellence. At The Travelers Companies, Inc, your career is just beginning. Join us and make a difference in a company that values leadership, diversity, and forward-thinking.
Learn more about The Travelers Companies, Inc
Size
30,800 employees
Market Cap
$44.1 billion
Industry
Net Income
$2.6 billion
Founded
1853
5 Year Trend
+4.7%
Revenue
$32 billion
NASDAQ

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