Account Manager, Insurance Salary

The average pay for an Account Manager, Insurance is $47,006 per year. A skill in Customer Relationship Management (CRM) is associated with high pay for this job.
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$33,957 - $67,762
$34K
$47K
$68K
MEDIAN: $46,757
10%
50%
90%

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$14.27 - $25.29
$14
$19
$25
MEDIAN: $19.15
10%
50%
90%

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$0$67K
Salary $33,957 - $67,762
Bonus $497.02 - $7,047
Profit Sharing $515 - $4,128
Commission $0.00 - $10,113
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).
)
$33,349 - $66,851
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2017
  • Individuals Reporting: 536
Hourly Data $0$40
Hourly Rate $14.27 - $25.29
Overtime $23.92 - $40.13
Annual Data $0$66K
Bonus $497.02 - $7,047
Commission $0.00 - $10,113
Profit Sharing $515 - $4,128
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).
)
$33,349 - $66,851
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2017
  • Individuals Reporting: 131

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.

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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

Popular Employer Salaries for Account Manager, Insurance

Popular Skills for Account Manager, Insurance

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 $41,000 based on 248 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 $46,000 based on 201 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 $49,000 based on 254 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 $53,000 based on 175 salaries.

Pay Difference by Location

National Average: $46,519

Larger city markers indicate a job is popular in that location.

Account Manager, Insurance Reviews

Q: What is it like working as an Account Manager, Insurance?

Account Manager, Insurance in Albert Lea:
"Aig."
Pros: I enjoy the people, everyday is something new.
Cons: The tragedy that comes with being in insurance.

Account Manager, Insurance in Salt Lake City:
"Review."
Pros: The Producer I work with.
Cons: The management.

Account Manager, Insurance in Chicago:
Pros: Is very busy and never boring.
Cons: Very busy.

Related Job Salaries

Key Stats for Account Manager, Insurance

Gender

Female
88 %
Male
12 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 148 votes.
Less than 1 year
2%
1-4 years
23%
5-9 years
22%
10-19 years
28%
20 years or more
25%

Experience Affects Account Manager, Insurance Salaries

▲13%

▲5%

National Average
$47,000

▼1%

▼11%

Skills That Affect Account Manager, Insurance Salaries

Customer Relationship Management (CRM)
▲10%


Insurance
▼0%

National Average
$47,000


Customer Relations
▼1%

▼4%

Microsoft Excel
▼11%

Insurance License
▼19%

Oral / Verbal Communication
▼28%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 148 votes.

Gender

Female
88 %
Male
12 %

Years of Experience

Less than 1 year
2%
1-4 years
23%
5-9 years
22%
10-19 years
28%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 76%
dental benefits
Dental: 56%
vision benefits
Vision: 46%
no benefits
None: 21%