Account Manager, Commercial Lines Salary

Commercial Lines Account Managers in the United States earn an average of $49K per year, and top pay can be found in New York, where the average is $66K. Commercial Lines Account Managers will also find cushy salaries in Boston (+24 percent), Houston (+21 percent), Los Angeles (+21 percent), and Sacramento (+17 percent). The data for this synopsis comes from respondents who took the PayScale salary survey.
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$35,408 - $67,313
$35K
$49K
$67K
MEDIAN: $49,194
10%
50%
90%

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$14.44 - $25.92
$14
$19
$26
MEDIAN: $19.41
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$23K$46K$69K
Salary
$35,408 - $67,313  
   
Bonus
$480.39 - $5,180  
Profit Sharing
$96.96 - $2,995  
Commission
$0.00 - $9,744  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$34,242 - $67,824  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 770
© PayScale, Inc. @ www.payscale.com
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$13$26$39
Hourly Rate
$14.44 - $25.92  
   
Overtime
$20.18 - $38.04  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Bonus
$480.39 - $5,180  
   
Commission
$0.00 - $9,744  
Profit Sharing
$96.96 - $2,995  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$34,242 - $67,824  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 158
© PayScale, Inc. @ www.payscale.com

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United States (change)

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Job Description for Account Manager, Commercial Lines

An account manager for commercial lines performs tasks such as reviewing, maintaining, and creating client databases. This may include auditing, billing, and reviewing and updating shipping and sales policies with clients. A commercial lines account manager must stay up to date on systems technology, billing software, and company policy at all times. This is also a position that requires substantive interpersonal skills; an account manager must spend a regular portion of each month with clients (whether nationally or internationally) building rapport while representing the company. Account managers for commercial lines typically must have at least a high school diploma or equivalent, with added insurance experience a plus. Proficiency with Microsoft Office is required. People skills - including the ability to successfully negotiate contracts and develop clientele base - is an absolute necessity.

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Account Manager, Commercial Lines Tasks

  • Develop new business sales leads.
  • Process sales orders and provide service to customer accounts.
  • Manage sales and customer service of existing accounts.

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Popular Employer Salaries for Account Manager, Commercial Lines


The pay scale is far from balanced at Hub International, Inc.. While salaries on one end can reach $64K, the company's median pay sits at $42K, the lowest in the field.

Popular Skills for Account Manager, Commercial Lines


Commercial Lines Account Managers report using a pretty varied skill set on the job. Most notably, skills in Commercial insurance, Customer Relationship Management, Risk Management / Risk Control, and Account Management are correlated to pay that is above average, with boosts between 9 percent and 13 percent. At the other end of the pay range are skills like Sales and Customer Service. For most people, competency in Account Management indicates knowledge of Customer Service.

Pay by Experience Level for Account Manager, Commercial Lines

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Commercial Lines Account Managers, extensive experience does not lead to significantly more money. The average worker who claims fewer than five years of experience earns around $42K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $48K. Commercial Lines Account Managers with one to two decades of relevant experience report an average salary of approximately $52K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $54K.

Pay Difference by Location

National Average: $48,571

Larger city markers indicate a job is popular in that location.

Account Manager, Commercial Lines Reviews

Q: What is it like working as an Account Manager, Commercial Lines?

Account Manager, Commercial Lines in Phoenix:
`"$Commercial Insurance Account Management/Servicing."`
Pros: I enjoy learning about the intricacies of different types of business, and of the potential risks they all face as a result of their operations. I enjoy helping people find the best solution to their insurance problems, and assisting them with any needs they may have.
Cons: Many people do not understand their coverages, and would rather argue when it seems too expensive, than weigh the pros and cons. It can be emotionally draining when it becomes a constant uphill battle.

Related Job Salaries

Key Stats for Account Manager, Commercial Lines

Gender

Female
90 %
Male
10 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 126 votes.
Less than 1 year
2%
1-4 years
24%
5-9 years
17%
10-19 years
33%
20 years or more
24%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Account Manager, Commercial Lines Salaries

▲12%

▲6%

National Average
$49,000

▼1%

▼14%

Skills That Affect Account Manager, Commercial Lines Salaries

Commercial insurance
▲13%

Risk Management / Risk Control
▲9%

Customer Relationship Management (CRM)
▲9%

Account Management
▼0%

Customer Relations
▼0%

National Average
$49,000

▼1%


Sales
▼6%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 126 votes.

Gender

Female
90 %
Male
10 %

Years of Experience

Less than 1 year
2%
1-4 years
24%
5-9 years
17%
10-19 years
33%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 76%
dental benefits
Dental: 58%
vision benefits
Vision: 48%
dental benefits
None: 21%
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