Account Manager, Insurance
$32K-$87K
/ year
6-9 years experience
$32K-$87K
/ year
6-9 years experience
Account managers in the insurance industry are found in a variety of insurance firms, from small insurance companies to large nationwide dealers. Most positions do not have defined educational requirements, but many do list a bachelor’s degree as being preferred. However, many positions require relevant experience in the field, though the exact amount varies by company and position. Other requirements include licenses specific to the type of insurance practice and location of the job.
The account manager's principal responsibility is developing new business and finding referrals from established clients. This includes producing quotes and resolving client issues, as well as following all procedures to ensure protocols and regulations are followed at all times. Many positions require computer skills, as they operate in a paperless environment; general analytical skills and strategic thinking are needed as well. Communication skills and the ability to work effectively with minimal supervision are highly valued.
Generally, insurance account managers work independently, though some companies may have small teams of account managers that work together. Hours generally include regular business operating hours, although schedules may vary depending on the needs of the employer. Remote work and travel are possible, but most work is done in an office environment with minimal physical requirements or hazards. Extended hours to accommodate new customers or projects may also be necessary.
As an Account Manager, Insurance with 6-9 years of experience in Canada, your main responsibilities include:
For an Account Manager, Insurance, the following qualifications are required:
1
Accounting Fundamentals
2
Management Accounting
3
General Insurance Policy
4
Insurance Management
Different skills can affect your salary. Below are the most popular skills and their effect on salary.
Managing Accounts
3%
For an experienced Account Manager in the Insurance industry in Canada, there are several alternative roles to consider. Here are four options to explore:
According to recent data from Google, the role of an Account Manager in the insurance industry in Canada is expected to experience significant growth in the market. Over the past 10 years, the job role has shown a positive trend in terms of demand and opportunities. With the constantly evolving insurance sector in Canada, the projected growth for this position is expected to continue. The future looks promising for individuals seeking employment in this field, as a substantial number of employment opportunities are anticipated to be available.