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 over three-quarters of Managers of Commercial Lines Insurance. Salaries average out to around $60K annually and spread from $36K to $103K per year. In the world of Managers of Commercial Lines Insurance, total cash compensation can vary between $36K and $103K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $17K and $12K, respectively. Although just under one in four lack health benefits of any kind, a strong majority do enjoy medical insurance, and close to one-half get dental coverage, too. The majority of workers are highly satisfied with their job. Most Managers of Commercial Lines Insurance survey respondents are women (76 percent).

$37,175 - $100,378
(Median)
$37K
$60K
$100K
MEDIAN: $60,295
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
$37,175 - $100,378  
   
Bonus
$249.17 - $17,116  
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).
)
$36,115 - $102,629  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 252
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
$249.17 - $17,116  
   
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).
)
$36,115 - $102,629  
Country: United States | Currency: USD | Updated: 2 Jul 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)


Managers of Commercial Lines Insurance typically list a handful of skills they use on the job. 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. Most people skilled in Account Management are similarly competent in 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 seems to be a major factor in determining the incomes of Managers of Commercial Lines Insurance. The average worker who claims fewer than five years of experience earns around $41K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $52K. People with 10 to 20 years of experience make an average of about $63K in this role. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $66K.

Related Job Salaries

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Experience Affects Manager, Commercial Lines (Insurance) Salaries



National Average
$62,000



Skills That Affect Manager, Commercial Lines (Insurance) Salaries


Insurance
up arrow 1%

National Average
$62,000

Account Management
up arrow 3%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 70 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
34%
20 years or more
43%

Common Health Benefits

medical benefits Medical: 75% dental benefits Dental: 51%
vision benefits Vision: 39% employee benefits None: 22%
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