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Account manager vs corporate account manager

The differences between account managers and corporate account managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an account manager and a corporate account manager. Additionally, a corporate account manager has an average salary of $90,069, which is higher than the $68,535 average annual salary of an account manager.

The top three skills for an account manager include customer service, account management and healthcare. The most important skills for a corporate account manager are healthcare, account management, and customer relationships.

Account manager vs corporate account manager overview

Account ManagerCorporate Account Manager
Yearly salary$68,535$90,069
Hourly rate$32.95$43.30
Growth rate5%5%
Number of jobs152,261170,741
Job satisfaction4-
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 79%
Average age4646
Years of experience88

What does an account manager do?

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.

What does a corporate account manager do?

The duties of a corporate account manager depend on one's line of work or industry of employment. Typically, they are responsible for building a company's client base by devising strategies to identify market opportunities, reaching out to clients through calls and correspondence, and securing sales by offering products and services. They may also resolve issues and concerns, answer inquiries, process payments, and create billing plans as necessary. Furthermore, as a corporate account manager, it is essential to lead and encourage team members, all while implementing the company's policies and regulations.

Account manager vs corporate account manager salary

Account managers and corporate account managers have different pay scales, as shown below.

Account ManagerCorporate Account Manager
Average salary$68,535$90,069
Salary rangeBetween $42,000 And $110,000Between $54,000 And $147,000
Highest paying CitySan Francisco, CAVoorhees, NJ
Highest paying stateWashingtonNew Jersey
Best paying companyNVIDIAClean Harbors
Best paying industryTechnology-

Differences between account manager and corporate account manager education

There are a few differences between an account manager and a corporate account manager in terms of educational background:

Account ManagerCorporate Account Manager
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 79%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Account manager vs corporate account manager demographics

Here are the differences between account managers' and corporate account managers' demographics:

Account ManagerCorporate Account Manager
Average age4646
Gender ratioMale, 54.8% Female, 45.2%Male, 63.9% Female, 36.1%
Race ratioBlack 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%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 Percentage7%7%

Differences between account manager and corporate account manager duties and responsibilities

Account manager example responsibilities.

  • Manage financial departments with responsibility for managing payroll, bank re-consolidations, bank deposits, budgeting and cost control.
  • Manage $4 million territory encompassing three Mid-Atlantic states.
  • Manage new business and renewals for leading Saas legal solution.
  • Manage an inside sales territory of multiple states with Avaya technology solutions.
  • Negotiate and manage all contracts and pricing for IDN's in the territory.
  • Manage customers' accounts utilizing laptop and internet base CMS reporting software and ADM field guide.
  • Show more

Corporate account manager example responsibilities.

  • Manage accounts while providing excellent customer service, help build financial relationships, redirecting calls in upselling credit per customer needs
  • Develop account business strategies, influence key stakeholders, and deploy resources to optimize ROI.
  • Utilize strong presentation skills to communicate ROI, develop new business and implement price increases.
  • Present Microsoft product capabilities and healthcare strategy to corporate customers.
  • Supervise integration of existing client database into upgraded CRM system.
  • Collaborate with product management to identify new healthcare product vendors and products base on customer needs.
  • Show more

Account manager vs corporate account manager skills

Common account manager skills
  • Customer Service, 19%
  • Account Management, 8%
  • Healthcare, 6%
  • CRM, 6%
  • Product Knowledge, 5%
  • PowerPoint, 5%
Common corporate account manager skills
  • Healthcare, 11%
  • Account Management, 9%
  • Customer Relationships, 9%
  • PowerPoint, 9%
  • GPO, 6%
  • Business Reviews, 6%

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