Industry salaries - AM/AE

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Industry salaries - AM/AE

Post by edmundich »


I recently talked to a friend of mine. She is fairly new in insurance industry with just about 2,5 years working as AAM. She was recently hired by a retail firm with a salary of $55K and training (?). When i congratulate her, she said that it wasn't a big deal and 55K is really a minimum that the inexperienced account managers get paid.

So i am curious if she is correct or just lucky. What would be the salary for a solid AM with 15+ years experience servicing middle market accounts?
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Re: Industry salaries - AM/AE

Post by ocbroker »

I would imagine that it would depend on the city/state where she was located.

$55,000 in Southern California sounds about right to start. In the Midwest? Probably not.
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