Account Manager, Commercial Lines Salary

Commercial Lines Account Managers in the United States earn an average of $49K per year; salaries are particularly strong in New York, where workers earn around $66K. Commercial Lines Account Managers will also find cushy salaries in Boston (+23 percent), Houston (+21 percent), Los Angeles (+20 percent), and Sacramento (+17 percent). The data for this synopsis comes from respondents who took the PayScale salary survey.
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$35,431 - $67,043
$35K
$49K
$67K
MEDIAN: $49,344
10%
50%
90%

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$14.61 - $26.16
$15
$20
$26
MEDIAN: $19.71
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
$35,431 - $67,043  
   
Bonus
$480.79 - $5,178  
Profit Sharing
$878 - $3,084  
Commission
$0.00 - $9,696  
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).
)
$34,350 - $67,582  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 806
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
$14.61 - $26.16  
   
Overtime
$20.36 - $38.95  
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
$480.79 - $5,178  
   
Commission
$0.00 - $9,696  
Profit Sharing
$878 - $3,084  
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).
)
$34,350 - $67,582  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 170

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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


Hub International, Inc. is infamous for dishing out the smallest paychecks in the area (the median in that office is $42K), but the company pay scale is greatly mixed, meaning that workers on the low end may earn only $32K while workers on the upper end may rake in $64K.

Popular Skills for Account Manager, Commercial Lines


Survey results imply that Commercial Lines Account Managers put a diverse skill set to use. 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. Skills that pay less than market rate include Sales and Customer Service. Most people experienced in Account Management also know Customer Service.

Pay by Experience Level for Account Manager, Commercial Lines

Pay by Experience for an Account Manager, Commercial Lines has a positive trend. An entry-level Account Manager, Commercial Lines with less than 5 years of experience can expect to earn an average total compensation of $42,000 based on 304 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Account Manager, Commercial Lines with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $48,000 based on 237 salaries. An experienced Account Manager, Commercial Lines which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $52,000 based on 368 salaries. An Account Manager, Commercial Lines with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $54,000 based on 221 salaries.

Pay Difference by Location

National Average: $48,753

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
91 %
Male
9 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 148 votes.
Less than 1 year
2%
1-4 years
25%
5-9 years
17%
10-19 years
33%
20 years or more
23%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Account Manager, Commercial Lines Salaries

▲12%

▲6%

National Average
$49,000

▼1%

▼15%

Skills That Affect Account Manager, Commercial Lines Salaries

Commercial insurance
▲13%

Risk Management / Risk Control
▲9%

Customer Relationship Management (CRM)
▲9%

Account Management
▼0%

National Average
$49,000

▼1%

Customer Relations
▼1%


Sales
▼6%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 148 votes.

Gender

Female
91 %
Male
9 %

Years of Experience

Less than 1 year
2%
1-4 years
25%
5-9 years
17%
10-19 years
33%
20 years or more
23%

Common Health Benefits

medical benefits
Medical: 76%
dental benefits
Dental: 58%
vision benefits
Vision: 48%
no benefits
None: 22%
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