Manager, Commercial Lines (Insurance) Salary

The majority of Managers of Commercial Lines Insurance in the United States — approximately four-fifths — boast more than 10 years of experience in their profession. Salaries stretch from $40K to $112K per year, and the median is $67K per year. Total cash earnings of Managers of Commercial Lines Insurance range from $40K near the bottom to $112K near the top, where some exceptional performers can get $18K each from bonuses and profit sharing, plus, in very few cases, commissions exceeding $15K. Women make up the vast majority of Managers of Commercial Lines Insurance (81 percent) who answered the questionnaire. Job satisfaction is reported as high by the vast majority of workers. A fair number report receiving medical coverage from their employers and more than half collect dental insurance. The information for this snapshot was generated by responses to the PayScale salary survey.

$43,859 - $110,911
$44K
$67K
$110K
MEDIAN: $66,628
10%
50%
90%

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$10.82 - $37.81
$11
$21
$38
MEDIAN: $20.96
10%
50%
90%

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$0$112K
Salary $43,859 - $110,911
Bonus $991 - $17,127
Profit Sharing $-0.50 - $17,879
Commission $1,546 - $14,544
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).
)
$41,302 - $112,934
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 139
Hourly Data $0$37
Hourly Rate $10.82 - $37.81
Annual Data $0$112K
Bonus $991 - $17,127
Commission $1,546 - $14,544
Profit Sharing $-0.50 - $17,879
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).
)
$41,302 - $112,934
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 13

Find Out Exactly What You Should Be Paid

United States (change)

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

Popular Skills for Manager, Commercial Lines (Insurance)


Survey takers who work as Managers of Commercial Lines Insurance usually report a few specific skills. Most notably, skills in People Management, Insurance, Customer Service, and Account Management are correlated to pay that is above average. Skills that pay less than market rate include Account Management and Customer Service. Those familiar with Account Management also tend to know People Management.

Pay by Experience Level for Manager, Commercial Lines (Insurance)

Pay by Experience for a Manager, Commercial Lines (Insurance) has a positive trend. An entry-level Manager, Commercial Lines (Insurance) with less than 5 years of experience can expect to earn an average total compensation of $49,000 based on 23 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Manager, Commercial Lines (Insurance) with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $53,000 based on 32 salaries. An experienced Manager, Commercial Lines (Insurance) which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $72,000 based on 80 salaries. A Manager, Commercial Lines (Insurance) with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $74,000 based on 68 salaries.

Manager, Commercial Lines (Insurance) Reviews

Q: What is it like working as a Manager, Commercial Lines (Insurance)?

Manager, Commercial Lines (Insurance) in Kennewick:
Pros: Love most everything about my job. Client interaction, supporting local business/clients with business insurance needs, sales, flexibility if needed, my own office space, great co workers etc.
Cons: Hourly wage for the amount of work I provide.

Related Job Salaries

Key Stats for Manager, Commercial Lines (Insurance)

Gender

Female
80 %
Male
20 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 34 votes.
Less than 1 year
1%
1-4 years
11%
5-9 years
10%
10-19 years
38%
20 years or more
41%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Manager, Commercial Lines (Insurance) Salaries

▲10%

▲6%

National Average
$68,000

▼21%

▼27%

Skills That Affect Manager, Commercial Lines (Insurance) Salaries


National Average
$68,000

Insurance
▼2%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 34 votes.

Gender

Female
80 %
Male
20 %

Years of Experience

Less than 1 year
1%
1-4 years
11%
5-9 years
10%
10-19 years
38%
20 years or more
41%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 55%
vision benefits
Vision: 46%
no benefits
None: 20%
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