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Director, strategic accounts vs senior business development manager

The differences between directors, strategic accounts and senior business development managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a director, strategic accounts, becoming a senior business development manager takes usually requires 8-10 years. Additionally, a director, strategic accounts has an average salary of $142,664, which is higher than the $129,638 average annual salary of a senior business development manager.

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

Director, strategic accounts vs senior business development manager overview

Director, Strategic AccountsSenior Business Development Manager
Yearly salary$142,664$129,638
Hourly rate$68.59$62.33
Growth rate5%10%
Number of jobs70,675204,172
Job satisfaction--
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 73%
Average age4639
Years of experience810

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 senior business development manager do?

As senior business development manager is mainly responsible for creating and maintaining solid relationships and making business decisions. They do plan ways to grow the business, find areas of client needs, manage business negotiations, and review and approve other business decisions. It is expected in their job to seamlessly complete target deadlines and delegate tasks to subordinates. Moreover, they should be able to have good working relationships with employees and clients, so good communication and interpersonal skills are necessary.

Director, strategic accounts vs senior business development manager salary

Directors, strategic accounts and senior business development managers have different pay scales, as shown below.

Director, Strategic AccountsSenior Business Development Manager
Average salary$142,664$129,638
Salary rangeBetween $90,000 And $225,000Between $94,000 And $178,000
Highest paying CitySan Francisco, CASeattle, WA
Highest paying stateCaliforniaWashington
Best paying companyThe Walt Disney CompanyShearman & Sterling
Best paying industryManufacturingManufacturing

Differences between director, strategic accounts and senior business development manager education

There are a few differences between a director, strategic accounts and a senior business development manager in terms of educational background:

Director, Strategic AccountsSenior Business Development Manager
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 73%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Georgia

Director, strategic accounts vs senior business development manager demographics

Here are the differences between directors, strategic accounts' and senior business development managers' demographics:

Director, Strategic AccountsSenior Business Development Manager
Average age4639
Gender ratioMale, 76.0% Female, 24.0%Male, 74.8% Female, 25.2%
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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%
LGBT Percentage7%10%

Differences between director, strategic accounts and senior business development 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

Senior business development manager example responsibilities.

  • Manage the distributor/end user relationship in all accounts maintaining focus on emerging healthcare segments.
  • Lead and manage large RFP responses to ensure corporate objectives for profitability, sustainability, and operational delivery objectives are meet.
  • Develop trusting, lucrative business relationships with key decision makers as a proponent of healthcare technology integration initiatives.
  • Execute first lighting IP agreement with Lumenetix.
  • Create technical system designs, write customer proposals, and provide sales support for IP video customer initiatives.
  • Help build application ISV group from ground-up including target markets, partner strategy, messaging, CRM, go-to-market programs.
  • Show more

Director, strategic accounts vs senior business development manager skills

Common director, strategic accounts skills
  • Healthcare, 18%
  • Account Management, 13%
  • Customer Satisfaction, 7%
  • GPO, 5%
  • C-Suite, 5%
  • Strategic Direction, 3%
Common senior business development manager skills
  • Healthcare, 7%
  • Cloud, 5%
  • Business Relationships, 5%
  • Account Management, 5%
  • Project Management, 4%
  • CRM, 4%

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