Account managers within the insurance industry can be found in a range of insurance companies, ranging from small insurance firms to huge dealers across the country. The majority of positions don't have specific requirements for education, however some do require the requirement of a bachelor's degree as the preferred. However, many jobs require prior knowledge of the field, however the amount required varies depending on the company and the job. Other requirements include licensing specifically for the type of insurance practice as well as the location of the work. The primary responsibility of the account manager is to develop new business and obtaining referrals from existing clients. This involves preparing quotes and solving client problems and ensuring that they follow the procedures to ensure that the rules and procedures are adhered to in all instances. A lot of jobs require computer proficiency because they work in a paper-free environment. general analytical abilities and strategic thinking are required in addition. Skills for communication and the ability to perform tasks effectively under minimal supervision are extremely valued. In general, insurance account managers are independent, although certain companies might have small teams of account managers who collaborate. The hours of operation generally correspond to normal business hours but schedules can change according to the requirements of the company. Travel and remote work is feasible, however the majority of work is performed in a workplace environment that has only a few physical requirements or risks. Flexible times to meet the needs of new clients or projects could be required.

The Account Manager job role in the insurance industry is projected to experience significant growth in the United States market. According to a 10-year analysis, employment opportunities for Account Managers in the insurance sector are expected to rise steadily. With the increasing demand for insurance products and services, the need for skilled professionals to manage client accounts and relationships is set to grow substantially. This trend indicates that the Account Manager position will continue to offer ample career opportunities in the foreseeable future.

How to Learn

As an Account Manager, Insurance with 3-6 years of experience in the United States, your main responsibilities include:<ul><li> Building and maintaining relationships with insurance clients, ensuring their needs are met and providing exceptional customer service.</li><li> Managing and overseeing insurance policies, including analyzing coverage, negotiating terms, and processing claims.</li><li> Developing and implementing insurance strategies to meet clients' objectives while maximizing profitability for the company.</li><li> Keeping up-to-date with industry trends and regulations, providing advice and guidance to clients on insurance matters to mitigate risks and optimize coverage.</li></ul>

Roles & Responsibilities

Average take home Salary for a Account Manager, Insurance in United States is around $54215 per year

Salary Breakup

Account managers within the insurance industry can be found in a range of insurance companies, ranging from small insurance firms to major dealers across the nation. The majority of positions don't have specific requirements for education, however some do require the requirement of a bachelor's degree as the preferred. However, many jobs require prior knowledge of the field, however the amount required varies depending on the company and the job. Other requirements include licensing specifically for the type of insurance practice as well as the location of the work.


Breakup	Range
Base Salary	null - null
Bonus	null - null
Commisssion	null - null
Profit Sharing	null - null
Total Pay	null - null

Account Manager, Insurance

Salary Breakup

Skills That Affect Account Manager, Insurance Salaries

Explore

More

Get in Touch with Us