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The differences between account executives, key accounts and account managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an account executive, key accounts, becoming an account manager takes usually requires 6-8 years. Additionally, an account executive, key accounts has an average salary of $117,015, which is higher than the $68,535 average annual salary of an account manager.
The top three skills for an account executive, key accounts include healthcare, CRM and account management. The most important skills for an account manager are customer service, account management, and healthcare.
| Account Executive, Key Accounts | Account Manager | |
| Yearly salary | $117,015 | $68,535 |
| Hourly rate | $56.26 | $32.95 |
| Growth rate | 4% | 5% |
| Number of jobs | 162,443 | 152,261 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 70% |
| Average age | 47 | 46 |
| Years of experience | 4 | 8 |
Key Account Executives are responsible for generating sales revenue and maintaining relationships with key accounts of an organization. Their duties include setting sales targets, generating new leads, assiting in developing market strategies, designing and managing sales reporting tools, and working with the strategic communications team to ensure sponsor opportunities are relayed well. They are also involved in promotional content creation, implementing leads, and communicating product knowledge updates to the accounts and sales team.
Account managers are employees who act as the bridge between the company they represent and the client of the company. They are assigned to handle specific clients so that the company will be able to tailor-fit any product or service according to the clients' requirements. Account managers are responsible for maintaining a harmonious relationship between the two parties by ensuring that any agreement made is amenable to both the company and the client. They are also responsible for ensuring that the company will be able to provide the needs of the client within any limitation that the client may have. Account managers also ensure that the company's reputation and well-being are always considered in any dealings.
Account executives, key accounts and account managers have different pay scales, as shown below.
| Account Executive, Key Accounts | Account Manager | |
| Average salary | $117,015 | $68,535 |
| Salary range | Between $75,000 And $181,000 | Between $42,000 And $110,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | Washington |
| Best paying company | - | NVIDIA |
| Best paying industry | - | Technology |
There are a few differences between an account executive, key accounts and an account manager in terms of educational background:
| Account Executive, Key Accounts | Account Manager | |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between account executives, key accounts' and account managers' demographics:
| Account Executive, Key Accounts | Account Manager | |
| Average age | 47 | 46 |
| Gender ratio | Male, 61.4% Female, 38.6% | Male, 54.8% Female, 45.2% |
| Race ratio | Black or African American, 3.9% Unknown, 3.7% Hispanic or Latino, 14.5% Asian, 5.2% White, 72.4% American Indian and Alaska Native, 0.2% | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 6% | 7% |