Account Manager, Insurance Salary (Canada)
The average pay for an Account Manager, Insurance is C$49,735 per year.
|Salary||C$30,304 - C$66,660|
|Bonus||C$298 - C$16,638|
|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).)
|C$30,447 - C$75,462|
Job Description for Account Manager, Insurance
Account managers in the insurance industry are found in a variety of insurance firms, from small insurance companies to large nationwide dealers. Most positions do not have defined educational requirements, but many do list a bachelor’s degree as being preferred. However, many positions require relevant experience in the field, though the exact amount varies by company and position. Other requirements include licenses specific to the type of insurance practice and location of the job.Read More...
The account manager's principal responsibility is developing new business and finding referrals from established clients. This includes producing quotes and resolving client issues, as well as following all procedures to ensure protocols and regulations are followed at all times. Many positions require computer skills, as they operate in a paperless environment; general analytical skills and strategic thinking are needed as well. Communication skills and the ability to work effectively with minimal supervision are highly valued.
Generally, insurance account managers work independently, though some companies may have small teams of account managers that work together. Hours generally include regular business operating hours, although schedules may vary depending on the needs of the employer. Remote work and travel are possible, but most work is done in an office environment with minimal physical requirements or hazards. Extended hours to accommodate new customers or projects may also be necessary. (Copyright 2018 PayScale.com)
Account Manager, Insurance Tasks
- Review, manage and grow assigned portfolio of accounts.
- Send, receive, and file paperwork and forms and complete associated administrative tasks.
- Update and maintain files, databases, and contact lists.
- Provide information on updates and revisions to regulations and policies.
- Work with clients and producers to update and audit accounts.
Account Manager, Insurance Job Listings
Pay by Experience Level for Account Manager, Insurance
Pay by Experience for an Account Manager, Insurance has a positive trend. An entry-level Account Manager, Insurance with less than 5 years of experience can expect to earn an average total compensation of C$39,000 based on 9 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Account Manager, Insurance with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$51,000 based on 10 salaries. An experienced Account Manager, Insurance which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$49,000 based on 14 salaries. An Account Manager, Insurance with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$64,000 based on 5 salaries.
Pay Difference by Location
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Key Stats for Account Manager, Insurance
Rated 5 out of 5
based on 14 votes.