The average salary for an Account Manager, Insurance is $48,146.
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$34k - $69k
$501 - $7k
$515 - $5k
$987 - $15k
$33k - $69k
Your Market Worth Over Time
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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. The accou…Read more
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.
Popular Employer Salaries for Account Manager, Insurance
The top respondents for the job title Account Manager, Insurance are from the companies State Farm Insurance Company, Hub International, Inc. and USI Insurance. Reported salaries are highest at Arthur J. Gallagher & Company where the average pay is $70,000. Other companies that offer high salaries for this role include USI Insurance and Hub International, Inc., earning around $57,391 and $53,000, respectively. State Farm Insurance Company pays the lowest at around $33,078. USI Insurance Services Corp. and St. Paul's Travelers also pay on the lower end of the scale, paying $46,000 and $47,600, respectively.
Account Manager, Insurance Job Listings
Popular Skills for Account Manager, Insurance
Skills in Insurance and Account Management are correlated to pay that is above average. Skills that pay less than market rate include Sales, Customer Relations and Customer Service.
Pay by Experience Level for Account Manager, Insurance
An entry-level Account Manager, Insurance with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $38,848 based on 82 salaries. An early career Account Manager, Insurance with 1-4 years of experience earns an average total compensation of $43,437 based on 334 salaries. A mid-career Account Manager, Insurance with 5-9 years of experience earns an average total compensation of $46,611 based on 273 salaries. An experienced Account Manager, Insurance with 10-19 years of experience earns an average total compensation of $50,295 based on 370 salaries. In their late career (20 years and higher), employees earn an average total compensation of $53,746.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Account Manager, Insurance in their job title in New York, New York earn an average of 49.8% more than the national average. These job titles also find higher than average salaries in San Diego, California (38.8% more) and Houston, Texas (13.9% more). The lowest salaries can be found in Boston, Massachusetts (4.3% less).
Years of Experience
This data is based on 1,297 survey responses.
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