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The differences between senior account managers and account development 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 senior account manager and an account development manager. Additionally, a senior account manager has an average salary of $86,129, which is higher than the $72,375 average annual salary of an account development manager.
The top three skills for a senior account manager include customer service, account management and project management. The most important skills for an account development manager are customer relationships, customer accounts, and CRM.
| Senior Account Manager | Account Development Manager | |
| Yearly salary | $86,129 | $72,375 |
| Hourly rate | $41.41 | $34.80 |
| Growth rate | 5% | 5% |
| Number of jobs | 161,354 | 214,004 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 78% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A senior account manager is in charge of managing and overseeing accounts in sales work, ensuring to meet all sales targets. Among the tasks of a senior account manager includes taking the lead and supervising workforce to its efficiency, devising strategies, and coming up with new opportunities to boost sales and strengthen client base. Moreover, it is also the task of a senior account manager to engage with clients, focusing on networking to attain better deals.
An account development manager's responsibilities revolve around securing and reaching sales targets, creating business plans, developing strategies, and building positive relationships with clients. They must also reach out to clients through calls and correspondence, offer products and services, and address any issues and concerns, resolving them promptly and efficiently. There are also instances when they have to collect and process payments, perform follow-up calls, negotiate contracts, and even open and close accounts. Furthermore, as a manager, it is essential to lead and encourage the team to reach goals, all while implementing the company's policies and regulations.
Senior account managers and account development managers have different pay scales, as shown below.
| Senior Account Manager | Account Development Manager | |
| Average salary | $86,129 | $72,375 |
| Salary range | Between $57,000 And $128,000 | Between $43,000 And $120,000 |
| Highest paying City | Richmond, VA | Sacramento, CA |
| Highest paying state | New Jersey | New York |
| Best paying company | NVIDIA | NVIDIA |
| Best paying industry | Technology | Technology |
There are a few differences between a senior account manager and an account development manager in terms of educational background:
| Senior Account Manager | Account Development Manager | |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between senior account managers' and account development managers' demographics:
| Senior Account Manager | Account Development Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 58.4% Female, 41.6% | Male, 61.8% Female, 38.2% |
| 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% |