Account Manager, Commercial Lines Salary

The majority of Commercial Lines Account Managers in the United States — just under three-fifths — boast more than 10 years of experience in their profession. Salaries stretch from $34K to $67K per year, and the median is $47K per year. With bonuses and profit sharing proceeds each occasionally running north of $5K and a few commissions that surpass $12K, total incomes for Commercial Lines Account Managers generally vary between $34K and $67K according to individual performance. Residence and career length each impact pay for this group, with the former having the largest influence. Not all workers are lucky enough to have benefits; in fact, somewhere between a fifth and a fourth are without coverage. Medical insurance is claimed by a fair number and dental insurance is reported by slightly more than half. Most workers in this position report high levels of job satisfaction. The vast majority of Commercial Lines Account Managers (90 percent) who participated in the survey are women. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$34,463 - $65,872
(Median)
$34K
$47K
$66K
MEDIAN: $46,976
10%
50%
90%

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$13.44 - $25.49
(Median)
$13
$19
$25
MEDIAN: $19.00
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$23K$46K$69K
Salary
$34,463 - $65,872  
   
Bonus
$0.00 - $5,152  
Profit Sharing
$244.68 - $5,034  
Commission
$0.00 - $12,196  
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).
)
$34,183 - $66,605  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 1,003
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$13$26$39
Hourly Rate
$13.44 - $25.49  
   
Overtime
$11.93 - $36.40  
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$26K$52K$78K
Bonus
$0.00 - $5,152  
   
Commission
$0.00 - $12,196  
Profit Sharing
$244.68 - $5,034  
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).
)
$34,183 - $66,605  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 159
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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


Commercial Lines Account Managers typically list a handful of skills they use on the job. 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 Customer Service and Customer Relations. For most people, competency in Customer Service indicates knowledge of 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 many Commercial Lines Account Managers, extensive experience does not lead to significantly more money. Workers in their first five years can expect to earn $41K, but people who have been around for five to 10 years earn a noticeably bigger sum of $45K. Commercial Lines Account Managers claiming one to two decades of experience make an estimated median of $49K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $52K.

Pay Difference by Location


For Commercial Lines Account Managers, busy San Francisco offers a higher-than-average pay rate, 48 percent above the national average. Commercial Lines Account Managers will also find cushy salaries in New York (+41 percent), Denver (+24 percent), Los Angeles (+23 percent), and Atlanta (+10 percent). The lowest-paying market is Grand Rapids, which sits 12 percent below the national average. Workers in Miami and Austin earn salaries that trail the national average for those in this profession (11 percent less and 8 percent less, respectively).

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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%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 208 votes.

Gender

Female
90 %
Male
10 %

Years of Experience

Less than 1 year
1%
1-4 years
18%
5-9 years
23%
10-19 years
30%
20 years or more
28%

Common Health Benefits

medical benefits Medical: 75% dental benefits Dental: 55%
vision benefits Vision: 38% employee benefits None: 22%
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