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Prior to becoming a consultant I was an account manager in employee benefits. When I left that role as a senior account manager I was making about $85-$90,000 a year. This was 5 years ago. I also think it depends on the size clients that you serve and your overall book of business size. They can’t pay you more than your book of business is worth
It’s still about the same unfortunately. Money isn’t great for the amount of work we do. I’m only at 73k, trying to work toward senior level as well. Also trying to find a better paying job. I’ve been in insurance for almost 7 years, but this is my first account manager role.
Question - when you say “account manager”, are you leading the client relationship, marketing, strategically planning their benefits etc or are you the second to this person? Everyone has their own vernacular.
The reason I ask is I make 75k and I had to negotiate to get there. I have 7 years experience always in a client facing role. Getting promoted to an account executive soon but I’m lucky to get 85k with my promotion. In FL if that matters.
And btw / I am a senior account manager and I work alongside an account executive who is the “main” person on the account besides the producer