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Account executive, key accounts vs wholesale account executive

The differences between account executives, key accounts and wholesale account executives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an account executive, key accounts and a wholesale account executive. Additionally, an account executive, key accounts has an average salary of $117,015, which is higher than the $87,073 average annual salary of a wholesale account executive.

The top three skills for an account executive, key accounts include healthcare, CRM and account management. The most important skills for a wholesale account executive are customer service, mortgage brokers, and wholesale accounts.

Account executive, key accounts vs wholesale account executive overview

Account Executive, Key AccountsWholesale Account Executive
Yearly salary$117,015$87,073
Hourly rate$56.26$41.86
Growth rate4%4%
Number of jobs162,443107,546
Job satisfaction--
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 76%
Average age4747
Years of experience44

What does an account executive, key accounts do?

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.

What does a wholesale account executive do?

Wholesale Account Executives represent the firm in industry events and professional organizations to help advance the company's wholesale brand. They put geographic opportunities into optimal use and build and oversee an account base. These professionals interview accounts, inspect the account's progress and review the crucial data needed for account approval. Wholesale Account Executives also enhance account relationships and deliver top-notch service levels by working hand-in-hand with the sales team. Moreover, these professionals ensure the company meets its customer needs by maintaining current customer adoption, innovations, and industry trends.

Account executive, key accounts vs wholesale account executive salary

Account executives, key accounts and wholesale account executives have different pay scales, as shown below.

Account Executive, Key AccountsWholesale Account Executive
Average salary$117,015$87,073
Salary rangeBetween $75,000 And $181,000Between $59,000 And $126,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between account executive, key accounts and wholesale account executive education

There are a few differences between an account executive, key accounts and a wholesale account executive in terms of educational background:

Account Executive, Key AccountsWholesale Account Executive
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 76%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaSUNY College of Technology at Alfred

Account executive, key accounts vs wholesale account executive demographics

Here are the differences between account executives, key accounts' and wholesale account executives' demographics:

Account Executive, Key AccountsWholesale Account Executive
Average age4747
Gender ratioMale, 61.4% Female, 38.6%Male, 63.0% Female, 37.0%
Race ratioBlack 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, 3.9% Unknown, 3.7% Hispanic or Latino, 14.5% Asian, 5.2% White, 72.4% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between account executive, key accounts and wholesale account executive duties and responsibilities

Account executive, key accounts example responsibilities.

  • Manage day-to-day activity of client relate projects including IP voice, MPLS infrastructures and CPE implementations in a deadline-orient high-pressure environment.
  • Maximize the use of CRM, category management, and global account management tools to plan and execute on key initiatives.
  • Develop all operating plans and parking performas for RFP process.
  • Select based on previous expertise to deliver cloud software, mainframe solutions, and content management platforms.
  • Guide and motivate sales team through proper use of internal CRM, opportunity tracking, and risk approval internal processes.
  • Compose and deliver PowerPoint presentations to multiple buyers.
  • Show more

Wholesale account executive example responsibilities.

  • Manage CRM on goal setting, account management, and appointment setting.
  • Manage day-to-day activity of client relate projects including IP voice, MPLS infrastructures and CPE implementations in a deadline-orient high-pressure environment.
  • Assist partners in finding ways to help borrowers fit into the GSE, FHA, or VA buckets.
  • Help clients structure loans for their perspective borrowers to meet FNMA/FHLMC and FHA as well as individual investor's underwriting guidelines.
  • Evaluate and structure RFP's & contracts.
  • Educate potential client companies on VA service platform to generate and maintain accounts
  • Show more

Account executive, key accounts vs wholesale account executive skills

Common account executive, key accounts skills
  • Healthcare, 18%
  • CRM, 8%
  • Account Management, 7%
  • Revenue Growth, 6%
  • Product Line, 6%
  • C-Suite, 4%
Common wholesale account executive skills
  • Customer Service, 17%
  • Mortgage Brokers, 7%
  • Wholesale Accounts, 6%
  • Account Executives, 5%
  • FHA, 5%
  • Va, 5%