Manager, Commercial Lines (Insurance) Salary

Managers of Commercial Lines Insurance in the United States with more than 10 years of experience in their profession represent four in five of Managers of Commercial Lines Insurance. Salaries average out to around $66K per year and spread from $40K to $111K per year. Cash earnings of Managers of Commercial Lines Insurance — including $19K in bonuses, $18K in profit sharing proceeds, and $15K in commissions near the top of the pay scale — stretch from approximately $40K to approximately $111K depending on individual performance. The majority of workers are highly satisfied with their job. A fair number report receiving medical coverage from their employers and a majority collect dental insurance. Managers of Commercial Lines Insurance who responded to the questionnaire are largely women, dominating at 80 percent. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$42,677 - $104,929
$43K
$66K
$100K
MEDIAN: $66,076
10%
50%
90%

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$13.57 - $33.58
$14
$20
$34
MEDIAN: $20.45
10%
50%
90%

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$0$110K
Salary $42,677 - $104,929
Bonus $998 - $19,315
Profit Sharing $-0.50 - $17,617
Commission $1,546 - $14,544
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).
)
$39,624 - $110,973
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 154
Hourly Data $0$33
Hourly Rate $13.57 - $33.58
Overtime $33.35
Annual Data $0$110K
Bonus $998 - $19,315
Commission $1,546 - $14,544
Profit Sharing $-0.50 - $17,617
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).
)
$39,624 - $110,973
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 15

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Job Description for Manager, Commercial Lines (Insurance)

Commercial lines insurance managers are responsible for a variety of tasks within insurance companies which generally revolve around managing various commercial accounts, and they generally work in indoor office environments during traditional business hours. Most employers prefer applicants who have a bachelor’s degree in a relevant field and prior experience with insurance, and this position also requires in-depth knowledge of insurance markets, products, underwriting, and reference. Many employers may require various certifications and licenses, though exact requirements depend on the organization.

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Manager, Commercial Lines (Insurance) Tasks

  • Work with customers and insurance company to arrange premium payments, answer questions, and explain changes.
  • Prepare rate quotes, assemble coverage summaries and proposals, and monitor the status of claims reports.
  • Manage a group of existing accounts and assist with reviewing and processing renewals and new accounts.
  • Sell insurance policies to new customers and identify cross-selling opportunities.

Manager, Commercial Lines (Insurance) Job Listings

Popular Skills for Manager, Commercial Lines (Insurance)


Managers of Commercial Lines Insurance report a focused set of job skills. Most notably, skills in People Management, Insurance, Customer Service, and Account Management are correlated to pay that is above average. At the other end of the pay range are skills like Account Management and Customer Service. Most people skilled in Account Management are similarly competent in People Management.

Pay by Experience Level for Manager, Commercial Lines (Insurance)

Pay by Experience for a Manager, Commercial Lines (Insurance) has a positive trend. An entry-level Manager, Commercial Lines (Insurance) with less than 5 years of experience can expect to earn an average total compensation of $49,000 based on 23 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Manager, Commercial Lines (Insurance) with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $53,000 based on 32 salaries. An experienced Manager, Commercial Lines (Insurance) which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $72,000 based on 80 salaries. A Manager, Commercial Lines (Insurance) with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $74,000 based on 68 salaries.

Manager, Commercial Lines (Insurance) Reviews

Q: What is it like working as a Manager, Commercial Lines (Insurance)?

Manager, Commercial Lines (Insurance) in Kennewick:
Pros: Love most everything about my job. Client interaction, supporting local business/clients with business insurance needs, sales, flexibility if needed, my own office space, great co workers etc.
Cons: Hourly wage for the amount of work I provide.

Related Job Salaries

Key Stats for Manager, Commercial Lines (Insurance)

Gender

Female
80 %
Male
20 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 35 votes.
Less than 1 year
1%
1-4 years
11%
5-9 years
10%
10-19 years
38%
20 years or more
41%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Manager, Commercial Lines (Insurance) Salaries

▲10%

▲6%

National Average
$67,000

▼21%

▼27%

Skills That Affect Manager, Commercial Lines (Insurance) Salaries


National Average
$67,000

Insurance
▼2%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 35 votes.

Gender

Female
80 %
Male
20 %

Years of Experience

Less than 1 year
1%
1-4 years
11%
5-9 years
10%
10-19 years
38%
20 years or more
41%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 58%
vision benefits
Vision: 46%
no benefits
None: 17%
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