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The differences between commercial lines account managers and health insurance agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a commercial lines account manager has an average salary of $57,372, which is higher than the $49,934 average annual salary of a health insurance agent.
The top three skills for a commercial lines account manager include customer service, management system and cancellations. The most important skills for a health insurance agent are HIPAA, health insurance, and customer service.
| Commercial Lines Account Manager | Health Insurance Agent | |
| Yearly salary | $57,372 | $49,934 |
| Hourly rate | $27.58 | $24.01 |
| Growth rate | 6% | 6% |
| Number of jobs | 84,354 | 112,235 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 50% |
| Average age | 46 | 46 |
| Years of experience | - | - |
A commercial lines account manager is an individual who provides quality service to clients as well as act as the daily liaison between insurance company, agent, and their clients. Commercial lines account managers are required to address various coverage issues and handle inside service work that is associated with the client's account. They must assist their clients in making appropriate coverage changes and educate them about coverage, exclusions, and exposures. Commercial lines account managers must also set up finance contracts with PFS and help negotiate rates if applicable.
Health Insurance Agents are salespeople whose primary product is health insurance. Insurance companies hire them to reach sales targets. They are trained to sell insurance to individuals or groups of people. They are expected to be familiar with all the products of the company. Health Insurance Agents should assess their clients' needs and recommend the best health insurance product that fits their needs. They should be able to explain the product's features and answer any inquiries that the clients may have. Health Insurance Agents should also know how to compute insurance premiums and estimate payouts.
Commercial lines account managers and health insurance agents have different pay scales, as shown below.
| Commercial Lines Account Manager | Health Insurance Agent | |
| Average salary | $57,372 | $49,934 |
| Salary range | Between $44,000 And $74,000 | Between $34,000 And $72,000 |
| Highest paying City | Bothell, WA | Tacoma, WA |
| Highest paying state | Washington | Alaska |
| Best paying company | UBS | DialAmerica |
| Best paying industry | Start-up | Finance |
There are a few differences between a commercial lines account manager and a health insurance agent in terms of educational background:
| Commercial Lines Account Manager | Health Insurance Agent | |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 50% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between commercial lines account managers' and health insurance agents' demographics:
| Commercial Lines Account Manager | Health Insurance Agent | |
| Average age | 46 | 46 |
| Gender ratio | Male, 12.8% Female, 87.2% | Male, 43.5% Female, 56.5% |
| Race ratio | Black or African American, 9.3% Unknown, 3.6% Hispanic or Latino, 15.8% Asian, 4.9% White, 66.4% American Indian and Alaska Native, 0.1% | Black or African American, 9.2% Unknown, 3.6% Hispanic or Latino, 15.8% Asian, 4.9% White, 66.5% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |