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Account Manager, Insurance Salary

The average pay for an Account Manager, Insurance is $49,348 per year. Skills that are associated with high pay for this job are Customer Relations and Sales. For the first five to ten years in this position, pay increases sharply, but any additional experience does not have a big effect on pay.
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$33,450 - $71,366
(Median)
$33K
$49K
$71K
MEDIAN: $49,348
10%
50%
90%

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$14.06 - $25.08
(Median)
$14
$18
$25
MEDIAN: $18.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Salary
$33,450 - $71,366  
   
Bonus
$50.00 - $7,657  
Profit Sharing
$237.55 - $3,606  
Commission
$29.09 - $10,364  
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).
)
$32,595 - $71,145  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 364
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$14$28$42
Hourly Rate
$14.06 - $25.08  
   
Overtime
$0.30 - $41.17  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Bonus
$50.00 - $7,657  
   
Commission
$29.09 - $10,364  
Profit Sharing
$237.55 - $3,606  
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).
)
$32,595 - $71,145  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 73
United States (change)

Job Description for Account Manager, Insurance

Account managers in the insurance industry are found in a variety of insurance firms, from small insurance companies to large nationwide dealers. Most positions do not have defined educational requirements, but many do list a bachelor’s degree as being preferred. However, many positions require relevant experience in the field, though the exact amount varies by company and position. Other requirements include licenses specific to the type of insurance practice and location of the job.

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Account Manager, Insurance Tasks

  • Provide information on updates and revisions to regulations and policies.
  • Work with clients and producers to update and audit accounts.
  • Update and maintain files, databases, and contact lists.
  • Review, manage and grow assigned portfolio of accounts.
  • Send, receive, and file paperwork and forms and complete associated administrative tasks.

Account Manager, Insurance Job Listings

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Pay by Experience Level for Account Manager, Insurance

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

Related Job Salaries

Experience Affects Account Manager, Insurance Salaries

Experienced
up arrow 8%

Late-Career
up arrow 7%

Mid-Career
up arrow 3%

National Average
$49,000

Entry-Level
up arrow 21%

Skills That Affect Account Manager, Insurance Salaries

Customer Relations
up arrow 18%

Sales
up arrow 13%

National Average
$49,000

Insurance
up arrow 4%


Insurance License
up arrow 23%

Microsoft Excel
up arrow 26%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 77 votes.

Gender

Female
91 %
Male
9 %

Years of Experience

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

Common Health Benefits

medical benefits Medical: 78% dental benefits Dental: 62%
vision benefits Vision: 46% employee benefits None: 19%