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The differences between relationship 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 relationship account manager and a manager, account executive. Additionally, a manager, account executive has an average salary of $67,275, which is higher than the $65,213 average annual salary of a relationship account manager.
The top three skills for a relationship account manager include account management, CRM and business development. The most important skills for a manager, account executive are business development, revenue growth, and sales process.
| Relationship Account Manager | Manager, Account Executive | |
| Yearly salary | $65,213 | $67,275 |
| Hourly rate | $31.35 | $32.34 |
| Growth rate | 5% | 5% |
| Number of jobs | 149,358 | 191,240 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 74% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
Relationship Account Managers help financial service organizations oversee sales and nourish their relationship with the assigned clients. They are assigned to clients depending on the service needs, product needs, industry, and geography. These professionals ensure the products or services perform to expectations by engaging with the assigned clients. They launch other groups' complementary products or services and recommend new services or products. Also, they ensure new accounts generate more sales revenue by contacting new potential clients.
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.
Relationship account managers and managers, account executive have different pay scales, as shown below.
| Relationship Account Manager | Manager, Account Executive | |
| Average salary | $65,213 | $67,275 |
| Salary range | Between $46,000 And $91,000 | Between $38,000 And $117,000 |
| Highest paying City | Richmond, CA | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Adobe | AbbVie |
| Best paying industry | Finance | Technology |
There are a few differences between a relationship account manager and a manager, account executive in terms of educational background:
| Relationship Account Manager | Manager, Account Executive | |
| Most common degree | Bachelor's Degree, 73% | 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 relationship account managers' and managers, account executive' demographics:
| Relationship Account Manager | Manager, Account Executive | |
| Average age | 46 | 46 |
| Gender ratio | Male, 52.9% Female, 47.1% | 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% |