The commercial lines account manager performs the essential functions of the position, which include aiding sales executives, account executives, and clients with service needs and making changes to existing accounts. Specific service and marketing responsibilities are required in this position. They meet service and sales delivery standards and perform essential functions to the quality and service standards developed by the agency.
Commerical lines account managers build and maintain relationships with clients, process daily incoming communications and respond promptly, assist with preparing proposals and applications, assist clients in making appropriate coverage changes, and set priorities and manage workflow to ensure efficiency among other duties. Essential skills include communication, interpersonal, customer service, analytical, and organizational. Commercial lines account managers typically must have at least a high school diploma or equivalent, with added insurance experience a plus. Proficiency with Microsoft Office is required.
The average hourly salary for the position is $29.16, which equates to $60,663 annually. Moreover, the career is expected to grow in the next few years and create new opportunities across the United States.
There is more than meets the eye when it comes to being a commercial lines account manager. For example, did you know that they make an average of $25.79 an hour? That's $53,634 a year!
Between 2018 and 2028, the career is expected to grow 10% and produce 48,300 job opportunities across the U.S.
There are certain skills that many commercial lines account managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed initiative, self-confidence and analytical skills.
If you're interested in becoming a commercial lines account manager, one of the first things to consider is how much education you need. We've determined that 51.5% of commercial lines account managers have a bachelor's degree. In terms of higher education levels, we found that 5.6% of commercial lines account managers have master's degrees. Even though most commercial lines account managers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a commercial lines account manager. When we researched the most common majors for a commercial lines account manager, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on commercial lines account manager resumes include high school diploma degrees or master's degree degrees.
You may find that experience in other jobs will help you become a commercial lines account manager. In fact, many commercial lines account manager jobs require experience in a role such as customer service representative. Meanwhile, many commercial lines account managers also have previous career experience in roles such as personal lines account manager or account manager.