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The differences between personal lines account managers and life insurance agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a life insurance agent has an average salary of $62,552, which is higher than the $51,472 average annual salary of a personal lines account manager.
The top three skills for a personal lines account manager include customer service, management system and account management. The most important skills for a life insurance agent are health insurance, life insurance license, and life insurance sales.
| Personal Lines Account Manager | Life Insurance Agent | |
| Yearly salary | $51,472 | $62,552 |
| Hourly rate | $24.75 | $30.07 |
| Growth rate | 6% | 6% |
| Number of jobs | 73,055 | 68,781 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 53% |
| Average age | 46 | 46 |
| Years of experience | - | - |
Personal lines account managers must have insurance agent licensing, field expertise, and technical understanding of personal line coverages and industry procedures. They are required to meet client insurance needs and to provide prompt, accurate, and professional services to clients and companies. This career pays an average of $63K per year.
A life insurance agent is responsible for offering life insurance services for clients according to their needs and qualifications. Life insurance agents handle insurance claims of the beneficiaries, ensuring the accuracy of documents and account statements for verification. They also discuss possible options and alternatives, as well as considering the clients' long-term financial goals and objectives. A life insurance agent must be well-knowledgeable of the insurance services offered by the company, discussing policies and coverage to suit the clients' best interests.
Personal lines account managers and life insurance agents have different pay scales, as shown below.
| Personal Lines Account Manager | Life Insurance Agent | |
| Average salary | $51,472 | $62,552 |
| Salary range | Between $39,000 And $67,000 | Between $39,000 And $99,000 |
| Highest paying City | Milwaukee, WI | Anchorage, AK |
| Highest paying state | Alaska | Alaska |
| Best paying company | Browning Day | AIG |
| Best paying industry | Utilities | Insurance |
There are a few differences between a personal lines account manager and a life insurance agent in terms of educational background:
| Personal Lines Account Manager | Life Insurance Agent | |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 53% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between personal lines account managers' and life insurance agents' demographics:
| Personal Lines Account Manager | Life Insurance Agent | |
| Average age | 46 | 46 |
| Gender ratio | Male, 15.0% Female, 85.0% | Male, 53.7% Female, 46.3% |
| Race ratio | Black or African American, 9.4% Unknown, 3.6% Hispanic or Latino, 16.1% Asian, 4.9% White, 65.9% American Indian and Alaska Native, 0.1% | Black or African American, 9.4% Unknown, 3.6% Hispanic or Latino, 16.0% Asian, 4.9% White, 66.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |