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Farmers Insurance Exchange

48 Employee Ratings
48 Ratings
52% Verified
3.1
Unclaimed Profile
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Farmers Insurance Exchange
48 Employee Ratings
52% Verified
3.1
Unclaimed Profile
75.09
RepVue Score
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Farmers Insurance Exchange Account Manager Salary

Last 12 months
Aged Data
Median Base Salary
Median On-Target Earnings
Top Performer Can Earn
Salary Distribution
Base Salary
On-Target Earnings

Percent that Attain Quota?

of Account Managers typically hit their quota here
What percent of Account Managers hit quota at Farmers Insurance Exchange?

Approximately 43% of Account Managers at Farmers Insurance Exchange meet or exceed their annual quota based on ratings submitted in the past year.

View quota attainment by role

Employee Sentiment on Compensation at Farmers Insurance Exchange

Base Compensation
2.8
Incentive Compensation Structure
3.0
Frequently Asked Questions

The average base salary for a Account Manager at Farmers Insurance Exchange ranges from $30,000 to $50,000, with total on-target earnings (OTE) typically between $80,000 and $90,000. These compensation ranges vary based on experience, location, and specific territory assignment.

Farmers Insurance Exchange Account Managers earn a 49/51 mix. Variable compensation is tied to account growth and retention—renewals, upsell/cross-sell revenue, and total book-of-business ARR. Tiered commission rates or bonuses escalate after 100% of renewal or growth targets.

Assuming a median OTE of $85,000, Account Managers at Farmers Insurance Exchange can expect between $27,000 and $60,750 in annual variable compensation.

The median base salary for Account Manager at Farmers Insurance Exchange is $40,000 per year, which is 60% lower than the median base salary of the global salary role.

Top-performer Account Managers at Farmers Insurance Exchange earned between $270,000 and $810,000. Top Account Managers often exceed renewal and upsell quotas by 120-140%, benefiting most from large expansions and cross-sells. The highest reported total compensation for this role last year was $540,000.

Approximately 43.0% of Account Managers at Farmers Insurance Exchange meet or exceed their annual quota based on ratings submitted in the past year.

Percent that Attain Quota?

of Account Managers typically hit their quota here
What percent of Account Managers hit quota at Farmers Insurance Exchange?

Approximately 43% of Account Managers at Farmers Insurance Exchange meet or exceed their annual quota based on ratings submitted in the past year.

View quota attainment by role
Avg. deal size
$21,500
Base variable split?
49% / 51%
Product - Market Fit?
3.1
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Frequently Asked Questions

The average base salary for a Account Manager at Farmers Insurance Exchange ranges from $30,000 to $50,000, with total on-target earnings (OTE) typically between $80,000 and $90,000. These compensation ranges vary based on experience, location, and specific territory assignment.

Farmers Insurance Exchange Account Managers earn a 49/51 mix. Variable compensation is tied to account growth and retention—renewals, upsell/cross-sell revenue, and total book-of-business ARR. Tiered commission rates or bonuses escalate after 100% of renewal or growth targets.

Assuming a median OTE of $85,000, Account Managers at Farmers Insurance Exchange can expect between $27,000 and $60,750 in annual variable compensation.

The median base salary for Account Manager at Farmers Insurance Exchange is $40,000 per year, which is 60% lower than the median base salary of the global salary role.

Top-performer Account Managers at Farmers Insurance Exchange earned between $270,000 and $810,000. Top Account Managers often exceed renewal and upsell quotas by 120-140%, benefiting most from large expansions and cross-sells. The highest reported total compensation for this role last year was $540,000.

Approximately 43.0% of Account Managers at Farmers Insurance Exchange meet or exceed their annual quota based on ratings submitted in the past year.
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