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.
Commercial Lines Account Manager Overview
Working as a Commercial Lines Account Manager
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 $29.16 an hour? That's $60,663 a year!
Between 2018 and 2028, the career is expected to grow 10% and produce 48,300 job opportunities across the U.S.
What Does a Commercial Lines Account Manager Do
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.
When it comes to the most important skills required to be a commercial lines account manager, we found that a lot of resumes listed 20.9% of commercial lines account managers included customer service, while 11.6% of resumes included insurance companies, and 9.2% of resumes included management system. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the commercial lines account manager job title. But what industry to start with? Most commercial lines account managers actually find jobs in the insurance and finance industries.
How To Become a Commercial Lines Account Manager
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 42.2% of commercial lines account managers have a bachelor's degree. In terms of higher education levels, we found that 6.9% of commercial lines account managers have master's degrees. Even though some 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.
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Commercial Lines Account Manager Career Paths
In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of commercial account manager you might progress to a role such as business development manager eventually. Later on in your career, you could end up with the title senior account manager.
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Tell us your goals and we'll match you with the rights job to get there.
Average Salary for a Commercial Lines Account Manager
Best Paying Cities
Recently Added Salaries
Job TitleCompany  | Company | Start Date | Salary |
|---|---|---|---|
Job Juncture Commercial Lines Account Manager Commercial Lines Account Manager | Job Juncture Job Juncture | 01/30/2021 01/30/2021 | $30,00001/30/2021 $30,000 |
Allsearch Recruiting Commercial Lines Account Manager-Business Insurance Broker-Base To 75K Commercial Lines Account Manager-Business Insurance Broker-Base To 75K | Allsearch Recruiting Allsearch Recruiting | 01/28/2021 01/28/2021 | $75,00001/28/2021 $75,000 |
Independent Executive Recruiting By Joel Commercial Lines Insurance Account Manager Commercial Lines Insurance Account Manager | Independent Executive Recruiting By Joel Independent Executive Recruiting By Joel | 01/27/2021 01/27/2021 | $45,00001/27/2021 $45,000 |
SDI Staffing Commercial Lines Insurance Account Manager-Remote Commercial Lines Insurance Account Manager-Remote | SDI Staffing SDI Staffing | 01/22/2021 01/22/2021 | $73,04501/22/2021 $73,045 |
Randstad Senior Commercial Lines Account Manager Senior Commercial Lines Account Manager | Randstad Randstad | 01/09/2021 01/09/2021 | $65,00001/09/2021 $65,000 |
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Top Colleges for Commercial Lines Account Managers
1. University of Pennsylvania
Philadelphia, PA • Private
2. Boston University
Boston, MA • Private
3. University of Minnesota - Twin Cities
Minneapolis, MN • Public
4. Howard University
Washington, DC • Private
5. SUNY College at Oswego
Oswego, NY • Public
6. Stanford University
Stanford, CA • Private
7. Baylor University
Waco, TX • Private
8. University of Louisiana at Lafayette
Lafayette, LA • Public
9. Ball State University
Muncie, IN • Public
10. Butler University
Indianapolis, IN • Private
Top Skills For a Commercial Lines Account Manager
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 20.9% of commercial lines account managers listed customer service on their resume, but soft skills such as initiative and self-confidence are important as well.
- Customer Service, 20.9%
- Insurance Companies, 11.6%
- Management System, 9.2%
- Cancellations, 9.1%
- Client Service, 7.5%
- Other Skills, 41.7% See All Commercial Lines Account Manager Skills
Best States For a Commercial Lines Account Manager
Some places are better than others when it comes to starting a career as a commercial lines account manager. The best states for people in this position are Massachusetts, New Hampshire, California, and Wisconsin. Commercial lines account managers make the most in Massachusetts with an average salary of $72,187. Whereas in New Hampshire and California, they would average $66,685 and $66,534, respectively. While commercial lines account managers would only make an average of $65,538 in Wisconsin, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. Massachusetts
$72,188
Avg. Salary
2. New Hampshire
$66,686
Avg. Salary
3. Connecticut
$64,482
Avg. Salary
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