Managing your career can be an arduous task, but a very necessary one. While managing one’s career is a priority, many people will exhale after landing a job, settle into it and then stay in that job even after years of frustration or doubts about their career path. Who says you have to stop pursuing a “career” that is meaningful, gratifying and has some semblance of what you dreamed of or dressed up as during Career Day in elementary school?
There is something powerful about transferring what is in your head, what you dream about and what you envision, to what is on a piece of paper. A study done by Dominican University psychology professor, Dr. Gail Matthews, shows that those who write out their goals are 42% more likely to achieve their goals. You know what is even more powerful than writing down your goals? Following through with them. And it all starts with how you see and manage the 50 or so hours you spend working each week. There is no exact answer because we are all uniquely different, but these three principles can serve as maintenance or help you start managing you career – we call them The Three P’s of career navigation.
Passion
Passion is what gets you going. It is that “thing” you do until your brain hurts. It keeps you up at night, and then you wake up only to do it again. Steve Jobs famously said, “The only way to do great work is to love what you do.” The best way to accomplish this is by starting with your passion. Otherwise, you will waste a lot of time trying to find it.
Now you are probably asking yourself, “How do I find it?” Again, there is not have a “one size fits all” answer, but you can start with these questions:
Purpose
Often, we hear the words “passion” and “purpose” used synonymously. However, we like to think of passion as the catalyst and purpose as the totality. If passion is what gets you started, then purpose is what keeps you going. If we organize our life around our passion, we can turn our passion into our story, and then turn our story into something bigger – something that matters and is purposeful. The concept of purpose can be difficult, however here are some building blocks to figure it out:
Preparation
The Roman philosopher Seneca said, “Luck is when preparation meets opportunity.” If passion is your “what” and purpose is your “why,” then preparation is your “how.”
However you define success, and whichever ladder you choose to climb, it’s inevitable that you will face some adversity and setbacks in your professional pursuits, but it should not be for a lack of preparation. Here are a few tools that have helped me along the way:
Put your career in the right perspective. Breaking your career plan down into small action steps will keep your focus on your passion and your goals. Your career is a journey with many inflection points. Put pen to paper, begin with an end in mind, and start by figuring out your what (Passion), why (Purpose) and how (Preparation).
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“Tell me about yourself.”
“What is your biggest strength? Biggest weakness?”
“Where do you see yourself in 5 years?”
At one point or another, we have all prepared ourselves to answer the cliché interview questions. However, with company cultures shifting and technologies evolving, the interview process is changing every day.
As hiring efforts continue at Travelers, we sat down with some of our senior recruiters to ask what advice they would give to jobseekers looking for opportunities under the umbrella.
Read below to learn their tips for: virtual interviewing, knowing yourself, resume best practices and remembering the basics.
With most companies interviewing candidates virtually, Erik suggests that preparation and follow up are key. Communication with the interviewer, before and after the interview, is especially important in a remote work environment. He also reminds jobseekers to not only mentally prepare for their interview, but to make sure their physical space is set up, too.
“Treat these interviews as if they were in person interviews making sure that you dress professionally and that you have a quiet place to be able to interview from,” Erik explains. For more tips, read our article on Preparing For a Video Interview
In order for our interviewers to get to know you, you have to get to know yourself. “The interviewers want to know who you are,” Lynn says.
Lynn advises candidates to know their skillset and make sure to ask questions during the interview to learn if they are a good fit for the job. Be authentic!
When applying for a job, your resume is the hiring team’s first impression of you. Rather than listing your previous work experience and respective duties, Nathan suggests building your resume using your experiences and accomplishments.
“That sets you apart before you even get started on your job hunt,” Nathan says. “As a side benefit, it may provide a nice little roadmap during your interview as well.”
In all the hustle and bustle of new interviewing methods, don’t forget the basics. Ruth reminds our jobseekers to be prepared for technical and behavioral questions, and to make sure to show up with questions of their own. For more tips, check out our infographic on Behavioral Interviewing.
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Former Travelers EDGE scholar, Kate McCollam, sat down with our team to discuss how the program affected her education, her career and ultimately her life here at Travelers.
Kate is an FMLDP participant currently supporting Corporate Audit in St. Paul, MN. She became a Travelers EDGE scholar during her second year in college and has now been working at Travelers for 2 years and 7 months. Read more below to learn about Kate’s EDGE journey.
How long have you been at Travelers?
Two years and seven months.
How did you get involved with Travelers EDGE?
In my second year at college, I became a Travelers EDGE scholar. At the time, I was looking for qualifying scholarships and being a first-generation college student in the U.S. presented the opportunity to apply and become an EDGE scholar.
How did Travelers EDGE affect your education?
I obtained an Accounting Degree in 3 years due to the support of Travelers EDGE.
When I began to pursue my accounting degree, I started at a community college. It was more affordable; I was able to work during the day and attend classes in the evening to ensure that I was making payments towards my education and would not have to address a big debt after college.
The moment I became a scholar, I was fortunate to receive financial support that gave me the freedom to take classes at the pace that I was able to address rather than at the pace I was able to afford.
How did Travelers EDGE affect your career?
Being an EDGE scholar and utilizing the internship experience and connections that I built, helped me obtain an amazing job here at Travelers. Travelers is a driving leader in the insurance industry and to be part of that is powerful.
Tell us about your current role.
I am a Financial Management Leadership Development Program (FMLDP) participant. The FMLDP is a 3-year rotational program that offers a diverse set of assignments in financial planning and analysis, internal auditing, international finance, and corporate accounting. For my current assignment, I am working within our internal auditing function where I have the chance to work with a dynamic team of talented professionals and learn about Travelers’ control environment, governance and risk management processes.
Is there anything else you wish to share?
It feels great to be part of such a vibrant community. Working at Travelers is not simply doing your job, but rather a continuous promise to be your best self and leverage the available resources to keep getting better. It is being continuously challenged, but always having a friendly resource to ensure you feel supported. It is a place where hard work, enthusiasm and professional ethic are the key drivers of the culture and I truly appreciate that.
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Company Release – 2/25/2019 2:41 PM ET
HARTFORD, Conn.–(BUSINESS WIRE)– The Travelers Companies, Inc. (NYSE: TRV) has announced an innovative new benefit for its employees that takes the tough choice out of paying down student debt or saving for retirement.
With The Travelers Paying It Forward Savings Program, payments by eligible U.S. employees toward their student loans will qualify for the company’s 401(k) Plan “matching” program.
The new program will help tackle two of the biggest financial challenges Americans face today: getting out from under the burden of student loan debt and building healthy savings for retirement.
“We have the most talented workforce in our industry and benefit immeasurably from the education and expertise they bring to their work,” said Alan Schnitzer, Chairman and Chief Executive Officer of Travelers. “Yet many of our colleagues all too often struggle to save for retirement because student loans weigh so heavily on their finances. Investing in their education shouldn’t stop our employees from investing in their future. We are promoting a standard of employee care that enables them to do both.”
According to the Federal Reserve, student loan debt in the United States reached more than $1.5 trillion at the end of 2018. Starting to save early is key to a healthy retirement fund, yet the Fed’s latest Report on the Economic Well-Being of U.S. Households noted that 41 percent of 18- to 29-year-olds said they had no retirement savings. The report also highlighted that 42 percent of those who attended college, representing 30 percent of all adults, have incurred at least some debt for their education.
As part of its leading benefits package, Travelers currently has a “matching” program for employee contributions to 401(k) accounts. Beginning in January 2020, when The Travelers Paying It Forward Savings Program takes effect, student loan payments will also be taken into account when determining the company’s 401(k) contribution.
Employees, including those who are not in a position to contribute at all to their 401(k) accounts because of student loans, who participate in the new program could accumulate tens of thousands of dollars in their 401(k) accounts over a decade, which could be worth hundreds of thousands of dollars at retirement. That demonstrates the importance of starting to save for retirement early in order to realize the benefit of compounding returns over time.
Travelers hires thousands of employees each year under the age of 35, most of whom have college degrees and many of whom have advanced degrees.
“This program is truly life changing for those of us who are chipping away at our debt and still trying to build for our futures,” said a user experience designer who joined Travelers in 2018 with a degree in visual communication design. “It speaks volumes about how a company that cares about its employees invests in their personal well-being and success.”
Blake Perry, a claim manager at Travelers, said, “In a long list of initiatives I’ve seen Travelers implement to support and invest in employees during my nine years with the organization, I believe this is among the most impactful of them all. I look forward to participating fully!” Blake joined Travelers in 2010 and has a degree in political science as well as an advanced degree in law.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has approximately 30,000 employees and generated revenues of approximately $30 billion in 2018. For more information, visit www.travelers.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190225005944/en/
Media:
Matt Bordonaro, 860-277-7014
mbordona@travelers.com
Source: The Travelers Companies, Inc.
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Career fairs can be somewhat overwhelming. From ensuring that your resume is up-to-date to perfecting your elevator pitch, there are many details to consider. However, jobseekers must remember, employers are also there to promote their best selves. The pressure is certainly not one-sided. When it comes to preparing, members of our University Relations recruitment team – Janixia Reyes, Alicia Hitchcock, and Jamie Roshka – shared three essential tips to consider:
Traditionally, career fairs will publish a list of employers attending the event in advance. Utilize this information to select and prioritize the companies you wish to connect with. Research those companies online, utilizing their company and career websites and social media channels. Collect general information about the company, their core values and mission statement as well as recent news about the company and any available job openings.
“Having conducted research before speaking to representatives from a company will make you stand out as someone who has taken the time to learn more,” said Reyes, “It will also help you curate your questions to maximize the time you have with the representatives behind the table.”
You won’t get much time with one person or company, so it is important to make a good impression quickly. Have your pitch ready to summarize your skills and experience in a concise and memorable manner.
“Think of this as a personal commercial,” said Hitchcock, “Your pitch should grab the employer’s attention, keep it, and give them cause to recall it later.”
Take the time to thoughtfully craft your pitch and practice it for length and efficiency. Having it committed to memory will bring confidence and enthusiasm to your delivery.
Hitchcock added, “Be sure that your pitch is genuine and rehearsed so that you can speak calmly and effectively about the subject you know best – you.”
“Effectively communicating your objectives gives the recruiter insight into whether you’d be a fit for their organization,” said Roshka, “It also helps them assess what role or job would work best for you.”
If you aren’t sure what your specific career goals are yet, focus on your skill set and apply it to the company you are speaking with.
“If you don’t know yet what you want to do that’s okay, too! As a recruiter it’s helpful to know if a candidate has a definitive long-term plan or if there are other opportunities we can introduce that you may not have been aware of,” added Roshka.
No matter your major, no matter the industry you’re most interested in pursuing, your ability to vocalize the correlation between your skills and the scope of an opportunity is critical. That includes highlighting details that are specific to each of the employers you connect with during the fair and beyond.
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