Account Manager, Commercial Lines Salary

With three in five of Commercial Lines Account Managers in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $35K to $67K per year and averages out to $47K annually. Overall cash earnings of Commercial Lines Account Managers stretch from $35K to $67K; the final number can encompass up to $5K each from bonuses and profit sharing, with some enjoying commissions of almost $10K. Location is the biggest factor affecting pay for this group, followed by career length. Although somewhere between a fifth and a fourth lack health benefits of any kind, a strong majority do enjoy medical insurance, and slightly more than half get dental coverage, too. Job satisfaction for Commercial Lines Account Managers is high. This report is based on responses to the PayScale salary survey.
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$34,995 - $66,376
(Median)
$35K
$47K
$66K
MEDIAN: $47,281
10%
50%
90%

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$13.61 - $25.81
(Median)
$14
$20
$26
MEDIAN: $19.00
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
$34,995 - $66,376  
   
Bonus
$0.00 - $5,105  
Profit Sharing
$360.65 - $4,955  
Commission
$0.00 - $10,332  
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).
)
$34,503 - $67,063  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,057
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
$13.61 - $25.81  
   
Overtime
$-0.49 - $36.03  
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
$0.00 - $5,105  
   
Commission
$0.00 - $10,332  
Profit Sharing
$360.65 - $4,955  
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).
)
$34,503 - $67,063  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 186
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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

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

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Popular Skills for Account Manager, Commercial Lines


Just a handful of professional skills are reported by Commercial Lines Account Managers who took the survey. Most notably, skills in Account Management, Insurance, Customer Relations, and Customer Service are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Sales, Customer Service, and Customer Relations. Those educated in Customer Service tend to be well versed in Account Management.

Pay by Experience Level for Account Manager, Commercial Lines

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


For Commercial Lines Account Managers, more experience in the field does not usually mean bigger paychecks. The average worker who claims fewer than five years of experience earns around $40K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $45K. People with 10 to 20 years of experience make an average of about $49K in this role. Commercial Lines Account Managers who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $53K.

Pay Difference by Location

National Average: $47,164

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

For those looking to make money, Commercial Lines Account Managers in Boston enjoy an exceptional pay rate, 43 percent above the national average. Commercial Lines Account Managers can also look forward to large paychecks in cities like New York (+41 percent), Seattle (+22 percent), Los Angeles (+21 percent), and Houston (+20 percent). In Miami, salaries are 14 percent below the national average and represent the lowest-paying market.

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Experience Affects Account Manager, Commercial Lines Salaries



National Average
$47,000



Skills That Affect Account Manager, Commercial Lines Salaries

Account Management
0%

National Average
$47,000

Insurance
up arrow 2%

Customer Relations
up arrow 3%

Customer Service
up arrow 4%

Sales
up arrow 7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 213 votes.

Gender

Female
91 %
Male
9 %

Years of Experience

Less than 1 year
1%
1-4 years
18%
5-9 years
21%
10-19 years
32%
20 years or more
28%

Common Health Benefits

medical benefits
Medical: 74%
dental benefits
Dental: 54%
medical benefits
Vision: 38%
dental benefits
None: 23%
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