Manager, Commercial Lines (Insurance) Salary

Approximately four in five of Managers of Commercial Lines Insurance in the United States have been in the field for more than 10 years. Pay can fall anywhere from $39K to $115K per year, but median earnings come to around $66K annually. In the world of Managers of Commercial Lines Insurance, overall cash earnings stretch from $39K near the bottom to $115K near the top; these packages encompass bonuses that run close to $20K and profit sharing that can (albeit rarely) exceed $18K, along with commissions approaching $24K. Medical benefits are awarded to a strong majority, and more than half earn dental coverage. The majority of workers are highly satisfied with their job. Managers of Commercial Lines Insurance who responded to the questionnaire are largely women, dominating at 83 percent. This snapshot results from replies to PayScale's salary survey.

$39,768 - $111,719
$40K
$66K
$110K
MEDIAN: $65,511
10%
50%
90%

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$10.82 - $29.09
$11
$20
$29
MEDIAN: $20.38
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$50K$100K$150K
Salary
$39,768 - $111,719  
   
Bonus
$1,015 - $19,821  
Profit Sharing
$2,416 - $17,879  
Commission
$1,546 - $24,240  
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).
)
$38,557 - $115,133  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 154
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$25$50$75
Hourly Rate
$10.82 - $29.09  
   
Overtime
$16.67  
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$50K$100K$150K
Bonus
$1,015 - $19,821  
   
Commission
$1,546 - $24,240  
Profit Sharing
$2,416 - $17,879  
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).
)
$38,557 - $115,133  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 13

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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

  • 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.
  • 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.

Manager, Commercial Lines (Insurance) Job Listings

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Popular Skills for Manager, Commercial Lines (Insurance)


Managers of Commercial Lines Insurance only report a few specific skills. Most notably, skills in People Management, Insurance, Customer Service, and Account Management are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Account Management and Customer Service. Those proficient in Account Management are, more often than not, also skilled 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
83 %
Male
17 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 32 votes.
Less than 1 year
1%
1-4 years
11%
5-9 years
10%
10-19 years
38%
20 years or more
41%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Manager, Commercial Lines (Insurance) Salaries

▲11%

▲7%

National Average
$67,000

▼20%

▼26%

Skills That Affect Manager, Commercial Lines (Insurance) Salaries


Insurance
▼0%

National Average
$67,000



Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 32 votes.

Gender

Female
83 %
Male
17 %

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: 77%
dental benefits
Dental: 61%
vision benefits
Vision: 46%
no benefits
None: 20%