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.
How to Become 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 $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.
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.
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 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.
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.
Average Salary for a Commercial Lines Account Manager
What Am I Worth?
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 • Private
4. Howard University
Washington, DC • Private
5. SUNY College at Oswego
Oswego, NY • Private
6. Stanford University
Stanford, CA • Private
7. Baylor University
Waco, TX • Private
8. University of Louisiana at Lafayette
Lafayette, LA • Private
9. Ball State University
Muncie, IN • Private
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.
Choose From 10+ Customizable Commercial Lines Account Manager Resume templates
Zippia allows you to choose from different easy-to-use Commercial Lines Account Manager templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Commercial Lines Account Manager resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
Commercial Lines Account Manager Demographics
Commercial Lines Account Manager Gender Distribution
After extensive research and analysis, Zippia's data science team found that:
- Among commercial lines account managers, 87.2% of them are women, while 12.8% are men.
- The most common race/ethnicity among commercial lines account managers is White, which makes up 69.6% of all commercial lines account managers.
- The most common foreign language among commercial lines account managers is Spanish at 48.5%.
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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 Washington, California, Massachusetts, and New York. Commercial lines account managers make the most in Washington with an average salary of $84,431. Whereas in California and Massachusetts, they would average $74,306 and $72,839, respectively. While commercial lines account managers would only make an average of $70,711 in New York, 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. Washington
$84,431
Avg. Salary
2. Connecticut
$64,675
Avg. Salary
3. Wisconsin
$65,745
Avg. Salary
How Do Commercial Lines Account Manager Rate Their Jobs?
Top Commercial Lines Account Manager Employers
We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ commercial lines account managers and discovered their number of commercial lines account manager opportunities and average salary. Through our research, we concluded that APR Consulting was the best, especially with an average salary of $62,200. USI Insurance Services follows up with an average salary of $53,634, and then comes Brown & Brown with an average of $72,982. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as a commercial lines account manager. The employers include HUB International, UBS, and M&T; Bank
Most Common Employers For Commercial Lines Account Manager
| Rank  | Company  | Average Salary  | Hourly Rate  | Job Openings  |
|---|---|---|---|---|
| 1 | TROXELL | $92,942 | $44.68 | 5 |
| 2 | CROSS | $82,391 | $39.61 | 5 |
| 3 | Lovitt & Touché, A Marsh McLennan Agency | $79,629 | $38.28 | 5 |
| 4 | Lyons Companies | $77,698 | $37.35 | 5 |
| 5 | HUB International | $73,427 | $35.30 | 6 |
| 6 | Brown & Brown | $72,982 | $35.09 | 22 |
| 7 | Insurance Office of America | $70,363 | $33.83 | 7 |
| 8 | Moody Insurance Worldwide | $68,314 | $32.84 | 8 |
| 9 | The Cincinnati Insurance Companies | $67,449 | $32.43 | 4 |
| 10 | Holmes Murphy | $66,926 | $32.18 | 3 |
Commercial Lines Account Manager Videos
