Post job

Commercial account executive vs wholesale account executive

The differences between commercial account executives 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 a commercial account executive and a wholesale account executive. Additionally, a wholesale account executive has an average salary of $87,073, which is higher than the $75,624 average annual salary of a commercial account executive.

The top three skills for a commercial account executive include cloud, customer service and CRM. The most important skills for a wholesale account executive are customer service, mortgage brokers, and wholesale accounts.

Commercial account executive vs wholesale account executive overview

Commercial Account ExecutiveWholesale Account Executive
Yearly salary$75,624$87,073
Hourly rate$36.36$41.86
Growth rate4%4%
Number of jobs137,143107,546
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 76%
Average age4747
Years of experience44

What does a commercial account executive do?

A commercial account executive is responsible for income growth in new trademark and existing accounts within an assigned area and ensuring all key measures are delivered. Commercial account executives are primarily responsible for the principal generation and opportunity formation. They work with Marketing, Sales Development, Customer Success, and Professional Services departments to proactively develop and implement an area plan. Also, they work with accounts via telephone, email, in person, and other online means. Additionally, they provide direction and guidance to the extended territory team and leadership to ensure individual and team success. Candidates for this position must have executive-level selling skills.

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.

Commercial account executive vs wholesale account executive salary

Commercial account executives and wholesale account executives have different pay scales, as shown below.

Commercial Account ExecutiveWholesale Account Executive
Average salary$75,624$87,073
Salary rangeBetween $50,000 And $113,000Between $59,000 And $126,000
Highest paying CitySeattle, WA-
Highest paying stateWashington-
Best paying companyVMware-
Best paying industryStart-up-

Differences between commercial account executive and wholesale account executive education

There are a few differences between a commercial account executive and a wholesale account executive in terms of educational background:

Commercial Account ExecutiveWholesale Account Executive
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 76%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaSUNY College of Technology at Alfred

Commercial account executive vs wholesale account executive demographics

Here are the differences between commercial account executives' and wholesale account executives' demographics:

Commercial Account ExecutiveWholesale Account Executive
Average age4747
Gender ratioMale, 59.3% Female, 40.7%Male, 63.0% Female, 37.0%
Race ratioBlack or African American, 3.8% Unknown, 3.7% Hispanic or Latino, 14.0% Asian, 5.1% White, 73.2% 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 commercial account executive and wholesale account executive duties and responsibilities

Commercial account executive example responsibilities.

  • Support sales team by providing leads and tracking activity in SalesForce.
  • Manage and develop relationships with existing clients and new business using a CRM.
  • Achieve all sales targets for SaaS product targeting service-base businesses requiring an automate customer retention and relationship management tool.
  • Manage day-to-day activity of client relate projects including IP voice, MPLS infrastructures and CPE implementations in a deadline-orient high-pressure environment.
  • Review every EOB or UB04 forms identify the denials identify and resolve the account.
  • Go over each EOB or UB4 forms identify the denials identify and resolve the account.
  • 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

Commercial account executive vs wholesale account executive skills

Common commercial account executive skills
  • Cloud, 9%
  • Customer Service, 8%
  • CRM, 7%
  • Salesforce, 7%
  • Customer Satisfaction, 6%
  • Product Knowledge, 5%
Common wholesale account executive skills
  • Customer Service, 17%
  • Mortgage Brokers, 7%
  • Wholesale Accounts, 6%
  • Account Executives, 5%
  • FHA, 5%
  • Va, 5%