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 more than three-quarters of Managers of Commercial Lines Insurance. Salaries average out to around $60K annually and spread from $36K to $102K per year. Individual bonuses, profit sharing and commission for Managers of Commercial Lines Insurance — as high as $17K, $9K and $28K, respectively — each contribute to the degree of variation within overall compensation, ranging from $36K to $102K. Job satisfaction for Managers of Commercial Lines Insurance is high. Men are in the minority of survey respondents, with female Managers of Commercial Lines Insurance making up 75 percent. Somewhere between a fifth and a fourth of professionals in this line of work do not receive benefits; however, a strong majority report medical coverage and around half claim dental coverage as well.

$36,862 - $99,478
(Median)
$37K
$60K
$99K
MEDIAN: $59,908
10%
50%
90%

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$11.95 - $22.83
(Median)
$12
$16
$23
MEDIAN: $16.00
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$50K$100K$150K
Salary
$36,862 - $99,478  
   
Bonus
$248.75 - $17,001  
Profit Sharing
$352.35 - $8,940  
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).
)
$35,853 - $101,770  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 250
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
$11.95 - $22.83  
   
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
$248.75 - $17,001  
   
Commission
$150.00 - $27,500  
Profit Sharing
$352.35 - $8,940  
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).
)
$35,853 - $101,770  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 19
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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)


Survey results show that Managers of Commercial Lines Insurance typically report just a few professional skills. 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. Those familiar with Account Management also tend to 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.


Managers of Commercial Lines Insurance with a lot of experience tend to enjoy higher earnings. Although individuals who have less than five years' experience earn $40K on average, people with five to 10 years benefit from a notably larger average of $52K. People with 10 to 20 years of experience make an average of about $63K in this role. More than 20 years of experience mean a somewhat bigger median paycheck of $65K, but it's not much more than what less experienced people make.

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Experience Affects Manager, Commercial Lines (Insurance) Salaries



National Average
$61,000



Skills That Affect Manager, Commercial Lines (Insurance) Salaries


Insurance
up arrow 1%

National Average
$61,000

Account Management
up arrow 2%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 70 votes.

Gender

Female
75 %
Male
25 %

Years of Experience

Less than 1 year
1%
1-4 years
10%
5-9 years
12%
10-19 years
35%
20 years or more
42%

Common Health Benefits

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