Account Manager Salary at Alternative Risk Underwriting BETA

How much does an Alternative Risk Underwriting Account Manager make?

As of December 2024, the average annual salary for an Account Manager at Alternative Risk Underwriting is $71,138, which translates to approximately $34 per hour. Salaries for Account Manager at Alternative Risk Underwriting typically range from $62,096 to $81,649, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Alternative Risk Underwriting Overview

Website:
arucaptiveinsurance.com
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Insurance

Alternative Risk Underwriting (ARU) is a privately held, independent company that provides member owned group captive and alternative risk solutions for mid-sized businesses across North America. Commercial property and casualty insurance coverage are the typical coverages written. Our team of professionals are industry specialists who average over 15 years of experience with technical expertise in the following areas: captive insurance solutions, casualty underwriting, property underwriting, reinsurance, actuarial science, information technology, alternative and capital markets, claims and loss control management, commercial insurance and risk management sales and marketing. ARU employees have been working in the alternative risk financing and captive sector of the insurance industry since the early 1980's, when the alternative risk concept was in its very early stages. We have worked with virtually every industry sector to provide customized group captive and alternative risk solutions over the past 25 years and continue to seek out the best risk financing solutions for our clients. After many years of creating diverse insurance and risk financing solutions with some of the world's largest insurance and brokerage companies, Christopher Payne and Robert Preston formed Alternative Risk Underwriting. Their goal is to offer insurance brokers, agents, and mid-sized commercial businesses a collaborative, user-friendly approach to group captive risk financing solutions.

See similar companies related to Alternative Risk Underwriting

What Skills Does a person Need at Alternative Risk Underwriting?

At Alternative Risk Underwriting, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  2. Customer Success: Customer success is a method for ensuring customers reach their desired outcomes when using an organization's product or service.
  3. Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.
  4. Account Management: An Account Manager has the role of managing sales and relationships with particular customers. An Account Manager maintains existing relationships with clients so that the business they work for is continously successful.
  5. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

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Check more jobs information at Alternative Risk Underwriting

Job Title Average Alternative Risk Underwriting Salary Hourly Rate
2 Administration and Accounting $46,940 $23
3 Meeting Planner $54,531 $26
4 Risk Analyst $56,427 $27
5 Senior Account Manager $80,311 $39
6 Senior Vice President $190,384 $92

Hourly Pay at Alternative Risk Underwriting

The average hourly pay at Alternative Risk Underwriting for an Account Manager is $34 per hour. The location, department, and job description all have an impact on the typical compensation for Alternative Risk Underwriting positions. The pay range and total remuneration for the job title are shown in the table below. Alternative Risk Underwriting may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $71,138 look to you?

FAQ about Salary and Jobs at Alternative Risk Underwriting

1. How much does Alternative Risk Underwriting pay per hour?
The average hourly pay is $34. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Alternative Risk Underwriting?
According to the data, the highest approximate salary is about $81,649 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Alternative Risk Underwriting?
According to the data, the lowest estimated salary is about $62,096 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.