Manager, Commercial Lines (Insurance) Salary

Managers of Commercial Lines Insurance in the United States are often veterans in their line of work, with more than three-quarters bringing more than 10 years of experience to the table. Salaries slide in at $60K annually on average but can range from $36K to $102K per year. Total cash compensation to Managers of Commercial Lines Insurance bottoms out near $36K and approaches $102K on the high end; the biggest paychecks include approximately $17K from bonuses and almost $12K from profit sharing. Not all workers are lucky enough to have benefits; in fact, just under a fourth are without coverage. Medical insurance is claimed by a strong majority and dental insurance is reported by nearly one-half. Men are in the minority of survey respondents, with female Managers of Commercial Lines Insurance making up 76 percent. Work is enjoyable for Managers of Commercial Lines Insurance, who typically claim high levels of job satisfaction.

$36,472 - $99,593

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$12.00 - $22.78

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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
$36,472 - $99,593  
   
Bonus
$250.42 - $17,078  
Profit Sharing
$354.79 - $11,836  
Commission
$150.00 - $27,500  
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).
)
$35,961 - $101,770  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 259
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
$12.00 - $22.78  
   
Overtime
$0.00 - $28.69  
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
$250.42 - $17,078  
   
Commission
$150.00 - $27,500  
Profit Sharing
$354.79 - $11,836  
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).
)
$35,961 - $101,770  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 20
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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

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Popular Skills for Manager, Commercial Lines (Insurance)


Managers of Commercial Lines Insurance who responded to the survey report just a handful of professional skills. Fortunate workers who know People Management can expect a significant pay bump, scoring salaries 20 percent above average. At the other end of the pay range are skills like Customer Service. Most people 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 is an important factor influencing the compensation of Managers of Commercial Lines Insurance. Relatively untried employees who have less than five years' experience make $42K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $52K. The average pay reported by folks with 10 to 20 years of experience is around $62K. Managers of Commercial Lines Insurance with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $65K.

Manager, Commercial Lines (Insurance) Reviews

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

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Experience Affects Manager, Commercial Lines (Insurance) Salaries



National Average
$61,000



Skills That Affect Manager, Commercial Lines (Insurance) Salaries


Insurance
0%

National Average
$61,000

Account Management
up arrow 2%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 72 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
1%
1-4 years
10%
5-9 years
12%
10-19 years
33%
20 years or more
44%

Common Health Benefits

medical benefits Medical: 75% dental benefits Dental: 50%
vision benefits Vision: 39% employee benefits None: 22%
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