Browse Categories

Manager, Commercial Lines (Insurance) Salary

Managers of Commercial Lines Insurance who are practiced in their profession and carry more than 10 years of experience make up about three in four of Managers of Commercial Lines Insurance. Pay fluctuates from $36K to $101K per year, but expected earnings average $60K annually. Final cash compensation to Managers of Commercial Lines Insurance varies from around $36K to approximately $101K; choice pay grades include potential for bonuses and profit sharing as high as $17K and $4K, respectively. While some workers in this profession — about a fifth — do not have any health coverage, a strong majority do receive medical benefits and approximately half have dental insurance. Female Managers of Commercial Lines Insurance make up most of the survey respondents at 74 percent. Most Managers of Commercial Lines Insurance like their work and job satisfaction is high. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
$38,034 - $97,415
(Median)
38K
60K
75K
97K
MEDIAN: $59,693
10%
50%
75%
90%

Add this chart to your site: 640px    300px

$11.00 - $22.83
(Median)
11
16
20
23
MEDIAN: $15.00
10%
50%
75%
90%

Add this chart to your site: 640px    300px

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$50K$100K$150K
Salary
$38,034 - $97,415  
   
Bonus
$250.00 - $17,091  
Profit Sharing
$352.35 - $3,973  
Commission
$-0.50 - $29,590  
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).
)
$36,324 - $100,575  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 256
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$25$50$75
Hourly Rate
$11.00 - $22.83  
   
Overtime
$11.81 - $40.50  
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$50K$100K$150K
Bonus
$250.00 - $17,091  
   
Commission
$-0.50 - $29,590  
Profit Sharing
$352.35 - $3,973  
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).
)
$36,324 - $100,575  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 19
United States (change)

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.

Read More...

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

Search for more jobs:

Popular Skills for Manager, Commercial Lines (Insurance)


Professional skills reported by Managers of Commercial Lines Insurance are few in number. Most notably, skills in People Management, Insurance, Account Management, and Customer Service are correlated to pay that is above average. Skills that pay less than market rate include Customer Service. The majority of those who know Account Management also know People Management.

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

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


Experience does not seem to be a strong driver of pay increase in this role. Relatively untried employees who have less than five years' experience make $45K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $52K. Managers of Commercial Lines Insurance see a median salary of $60K after reaching one to two decades on the job. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $66K on average.

Related Job Salaries

Experience Affects Manager, Commercial Lines (Insurance) Salaries


National Average
$60,000


Mid-Career
up arrow 13%

Entry-Level
up arrow 26%

Skills That Affect Manager, Commercial Lines (Insurance) Salaries

People Management
up arrow 19%

Insurance
up arrow 1%

National Average
$60,000

Account Management
up arrow 3%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 78 votes.

Gender

Female
74 %
Male
26 %

Years of Experience

Less than 1 year
1%
1-4 years
9%
5-9 years
15%
10-19 years
32%
20 years or more
43%

Common Health Benefits

medical benefits Medical: 76% dental benefits Dental: 51%
vision benefits Vision: 39% employee benefits None: 21%