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Director, strategic accounts vs corporate account manager

The differences between directors, strategic accounts 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 a director, strategic accounts and a corporate account manager. Additionally, a director, strategic accounts has an average salary of $142,664, which is higher than the $90,069 average annual salary of a corporate account manager.

The top three skills for a director, strategic accounts include healthcare, account management and customer satisfaction. The most important skills for a corporate account manager are healthcare, account management, and customer relationships.

Director, strategic accounts vs corporate account manager overview

Director, Strategic AccountsCorporate Account Manager
Yearly salary$142,664$90,069
Hourly rate$68.59$43.30
Growth rate5%5%
Number of jobs70,675170,741
Job satisfaction--
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 79%
Average age4646
Years of experience88

What does a director, strategic accounts do?

A director of strategic accounts is in charge of spearheading the efforts in building positive relationships with clients. They are responsible for setting objectives and goals, allocating budgets, devising strategies to identify new opportunities, and developing programs to attract potential clients and maintain existing accounts. They must also produce progress updates and presentations, reporting to executives and other high-ranking personnel. Furthermore, as a director, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations, creating new ones when necessary.

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.

Director, strategic accounts vs corporate account manager salary

Directors, strategic accounts and corporate account managers have different pay scales, as shown below.

Director, Strategic AccountsCorporate Account Manager
Average salary$142,664$90,069
Salary rangeBetween $90,000 And $225,000Between $54,000 And $147,000
Highest paying CitySan Francisco, CAVoorhees, NJ
Highest paying stateCaliforniaNew Jersey
Best paying companyThe Walt Disney CompanyClean Harbors
Best paying industryManufacturing-

Differences between director, strategic accounts and corporate account manager education

There are a few differences between a director, strategic accounts and a corporate account manager in terms of educational background:

Director, Strategic AccountsCorporate Account Manager
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 79%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Director, strategic accounts vs corporate account manager demographics

Here are the differences between directors, strategic accounts' and corporate account managers' demographics:

Director, Strategic AccountsCorporate Account Manager
Average age4646
Gender ratioMale, 76.0% Female, 24.0%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 director, strategic accounts and corporate account manager duties and responsibilities

Director, strategic accounts example responsibilities.

  • Lead centralized, electronic referral center coordinating post-acute service needs of patients discharging from multiple acute facilities in Arizona region.
  • Enforce contractual obligations with commercial insurance companies, Medicare, Medicaid, TPA's, and hospital systems.
  • Create closed-loop marketing solution through data integration of CRM, SFA and other platforms.
  • Develop end-to-end strategy for business capture to include CRM, BD strategy, proposals, and direct sales.
  • Serve on KCI's PAC committee and lobby for Medicare reimbursement improvements for complex DME providers and skil nursing home chains.
  • Collaborate successfully to increase Medicare reimbursement level.
  • 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

Director, strategic accounts vs corporate account manager skills

Common director, strategic accounts skills
  • Healthcare, 18%
  • Account Management, 13%
  • Customer Satisfaction, 7%
  • GPO, 5%
  • C-Suite, 5%
  • Strategic Direction, 3%
Common corporate account manager skills
  • Healthcare, 11%
  • Account Management, 9%
  • Customer Relationships, 9%
  • PowerPoint, 9%
  • GPO, 6%
  • Business Reviews, 6%

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