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Federal account executive vs strategic account executive

The differences between federal account executives and strategic account executives can be seen in a few details. Each job has different responsibilities and duties. Additionally, a strategic account executive has an average salary of $119,268, which is higher than the $110,539 average annual salary of a federal account executive.

The top three skills for a federal account executive include account management, cloud and business development. The most important skills for a strategic account executive are digital transformation, cloud, and salesforce.

Federal account executive vs strategic account executive overview

Federal Account ExecutiveStrategic Account Executive
Yearly salary$110,539$119,268
Hourly rate$53.14$57.34
Growth rate5%5%
Number of jobs99,821130,703
Job satisfaction-4.5
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 82%
Average age4444
Years of experience--

What does a federal account executive do?

A federal account executive is responsible for building positive relationships with clients by providing optimal services. They conduct extensive research and analysis to find client and business opportunities, generate leads, reach out through calls or correspondence, arrange meetings, and handle executive accounts, prioritizing client satisfaction and sales growth. Moreover, a federal account executive must be proactive at dealing with issues and concerns, have attention to detail, and must maintain an active communication line with fellow account executives for an efficient and smooth workflow.

What does a strategic account executive do?

A strategic account executive is in charge of devising strategies to improve services and build positive relationships with key clients. Their responsibilities revolve around maintaining an active communication line with clients to determine their needs, promptly responding to issues and concerns, coordinating clients with other teams, and liaising with various agencies. There are also instances when one must collaborate with analysts to develop new client opportunities, monitor the progress of the sale, and manage the workflow and the workforce.

Federal account executive vs strategic account executive salary

Federal account executives and strategic account executives have different pay scales, as shown below.

Federal Account ExecutiveStrategic Account Executive
Average salary$110,539$119,268
Salary rangeBetween $63,000 And $192,000Between $79,000 And $179,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-Mayo Clinic
Best paying industry-Health Care

Differences between federal account executive and strategic account executive education

There are a few differences between a federal account executive and a strategic account executive in terms of educational background:

Federal Account ExecutiveStrategic Account Executive
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 82%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Federal account executive vs strategic account executive demographics

Here are the differences between federal account executives' and strategic account executives' demographics:

Federal Account ExecutiveStrategic Account Executive
Average age4444
Gender ratioMale, 76.8% Female, 23.2%Male, 63.4% Female, 36.6%
Race ratioBlack or African American, 6.9% Unknown, 4.1% Hispanic or Latino, 14.7% Asian, 5.7% White, 68.2% American Indian and Alaska Native, 0.4%Black or African American, 6.6% Unknown, 4.0% Hispanic or Latino, 15.7% Asian, 5.5% White, 67.8% American Indian and Alaska Native, 0.4%
LGBT Percentage5%5%

Differences between federal account executive and strategic account executive duties and responsibilities

Federal account executive example responsibilities.

  • Manage national VA and DoD contracts with individual institutions.
  • Manage day-to-day activity of client relate projects including IP voice, MPLS infrastructures and CPE implementations in a deadline-orient high-pressure environment.
  • Identify and capture numerous DoD and SI projects.
  • Prepare and adhere to sales forecasts using SIEBEL CRM software.
  • Utilize CRM software and tactics to ensure customer service and satisfaction
  • Provide account leadership on the development of responses to RFP's, RFI's and unsolicite proposals.
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Strategic account executive example responsibilities.

  • Manage complex accounts and relationships- proven track record with CIO's and other key executives.
  • Develop and manage new and existing restaurant, hotel, healthcare and retirement community chains.
  • Manage services include remote monitoring services, cloud capabilities, as well as hardware and software solutions.
  • Create and execute both PowerPoint and oral presentations to expand existing business and prospect new sales leads.
  • Manage day-to-day activity of client relate projects including IP voice, MPLS infrastructures and CPE implementations in a deadline-orient high-pressure environment.
  • Update company CRM systems, produce presentations and quotations on PowerPoint, respond to client queries and general communication between team.
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Federal account executive vs strategic account executive skills

Common federal account executive skills
  • Account Management, 15%
  • Cloud, 12%
  • Business Development, 11%
  • DOD, 8%
  • Professional Services, 8%
  • CRM, 7%
Common strategic account executive skills
  • Digital Transformation, 9%
  • Cloud, 7%
  • Salesforce, 6%
  • Account Management, 5%
  • Sales Process, 5%
  • CRM, 5%