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The differences between key account managers and managers, account executive can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a key account manager and a manager, account executive. Additionally, a key account manager has an average salary of $102,315, which is higher than the $67,275 average annual salary of a manager, account executive.
The top three skills for a key account manager include account management, customer service and patients. The most important skills for a manager, account executive are business development, revenue growth, and sales process.
| Key Account Manager | Manager, Account Executive | |
| Yearly salary | $102,315 | $67,275 |
| Hourly rate | $49.19 | $32.34 |
| Growth rate | 5% | 5% |
| Number of jobs | 160,992 | 191,240 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 74% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A key account manager is primarily in charge of handling key clients that produce the most profit for a company or business, ensuring that they remain with them. They are mainly responsible for understanding their clients' needs and long-term goals, ensuring that the key clients get to receive all the necessary services and products in time, and promptly address and resolve any issues and concerns. Furthermore, a key account manager may prepare reports and proposals to team members, all while adhering to the company's policies and standards.
An account executive manager is responsible for handling client accounts and leading the account management procedures to promote the client's brand image in the market and maintain the highest satisfaction. Account executive managers work with the marketing and sales team to identify sales and promotional strategies that would increase revenues and product profits. They also review the current market trends to develop business opportunities according to client needs and public demands. An account executive manager coordinates with the clients for regular updates and informs them of business plan adjustments as needed.
Key account managers and managers, account executive have different pay scales, as shown below.
| Key Account Manager | Manager, Account Executive | |
| Average salary | $102,315 | $67,275 |
| Salary range | Between $75,000 And $138,000 | Between $38,000 And $117,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | Maine | New York |
| Best paying company | Quidel | AbbVie |
| Best paying industry | Pharmaceutical | Technology |
There are a few differences between a key account manager and a manager, account executive in terms of educational background:
| Key Account Manager | Manager, Account Executive | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between key account managers' and managers, account executive' demographics:
| Key Account Manager | Manager, Account Executive | |
| Average age | 46 | 46 |
| Gender ratio | Male, 68.1% Female, 31.9% | Male, 57.1% Female, 42.9% |
| Race ratio | 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% | 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 Percentage | 7% | 7% |