Home > Salary > Singapore > Account Manager Commercial Lines
An Account Manager in the commercial lines sector is responsible for managing a portfolio of clients and their insurance needs. They work closely with businesses to identify their insurance requirements, provide advice on coverage options, and negotiate contracts with insurance carriers. The primary goal of an Account Manager is to ensure that clients have appropriate coverage to protect their assets and mitigate risks. This involves conducting risk assessments, analyzing policies, and making recommendations for adjustments or additional coverage as needed. Account Managers also handle policy renewals, claims management, and assist clients in navigating complex insurance procedures. Excellent communication and relationship-building skills are essential for success in this role, as Account Managers must establish strong relationships with clients and insurance carriers to effectively meet their needs.
Estimated Yearly Salary: 141,011 SGD
Estimated Monthly Salary: 11,751 SGD
Estimated Weekly Salary: 2,712 SGD per week
Estimated Hourly Salary: 68 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 11,354 SGD
Estimated Weekly Salary: 2,620 SGD per week
Estimated Hourly Salary: 66 SGD per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 70,255 USD
Estimated Monthly Salary: 5,855 USD
Estimated Weekly Salary: 1,351 USD per week
Estimated Hourly Salary: 34 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 141,011 SGD
Estimated Monthly Salary: 11,751 SGD
Estimated Weekly Salary: 2,712 SGD per week
Estimated Hourly Salary: 68 SGD per hour
By working as Account Manager Commercial Lines a person can save up to 3,167 USD per month or 37,999 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Account Manager Commercial Lines
Last revision of data: 2025-01-04
Data as of 2025
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Account Manager Commercial Lines salary in Singapore
Average Yearly Salary of Account Manager Commercial Lines in Singapore is approximately 141,011 SGD (70,255 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Account Manager Commercial Lines do?
An Account Manager in the commercial lines sector is responsible for managing a portfolio of clients and their insurance needs. They work closely with businesses to identify their insurance requirements, provide advice on coverage options, and negotiate contracts with insurance carriers. The primary goal of an Account Manager is to ensure that clients have appropriate coverage to protect their assets and mitigate risks. This involves conducting risk assessments, analyzing policies, and making recommendations for adjustments or additional coverage as needed. Account Managers also handle policy renewals, claims management, and assist clients in navigating complex insurance procedures. Excellent communication and relationship-building skills are essential for success in this role, as Account Managers must establish strong relationships with clients and insurance carriers to effectively meet their needs.
Skills: Account Manager, Commercial Lines, Insurance, Risk Management, Client Relations, Policy Renewal.
Job industry: Insurance
Job industry: Insurance
How much does Account Manager Commercial Lines make?
Salary details
How much does Account Manager Commercial Lines make?Estimated Yearly Salary: 141,011 SGD
Estimated Monthly Salary: 11,751 SGD
Estimated Weekly Salary: 2,712 SGD per week
Estimated Hourly Salary: 68 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 136,242 SGDEstimated Monthly Salary: 11,354 SGD
Estimated Weekly Salary: 2,620 SGD per week
Estimated Hourly Salary: 66 SGD per hour
Last revision of data: 2024-01-02Account Manager Commercial Lines estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 70,255 USD
Estimated Monthly Salary: 5,855 USD
Estimated Weekly Salary: 1,351 USD per week
Estimated Hourly Salary: 34 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Account Manager Commercial Lines job salary compared to average salary in Singapore.
Comparison shows that a person working as Account Manager Commercial Lines in Singapore earns on average:
1.48 times the average salary (or 148% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Account Manager Commercial Lines job salary compared to average salary in Singapore.
Comparison shows that a person working as Account Manager Commercial Lines in Singapore earns on average:
1.48 times the average salary (or 148% of average salary).
Is Account Manager Commercial Lines a well paid job?
Yes, our data shows that Account Manager Commercial Lines is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Account Manager Commercial Lines?
High salary for Account Manager Commercial Lines would be somewhere between 155,112 SGD and 204,466 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Account Manager Commercial Lines in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 141,011 SGD
Estimated Monthly Salary: 11,751 SGD
Estimated Weekly Salary: 2,712 SGD per week
Estimated Hourly Salary: 68 SGD per hour
By working as Account Manager Commercial Lines a person can save up to 3,167 USD per month or 37,999 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Account Manager Commercial Lines
Malaysia is 18,623 USD
Indonesia is 11,128 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Singapore
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5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
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7. Oncologist
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Data as of 2025Random salary:
Acupuncture physician (139,250 SGD per year, pre-tax.)
Litigation paralegal (149,426 SGD per year, pre-tax.)
Asset management coordinator (156,750 SGD per year, pre-tax.)
Abap consultant (114,614 SGD per year, pre-tax.)
Fabrication specialist (96,688 SGD per year, pre-tax.)
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