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The differences between senior account managers and business development account 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 a business development account manager. Additionally, a business development account manager has an average salary of $99,209, which is higher than the $86,129 average annual salary of a senior account manager.
The top three skills for a senior account manager include customer service, account management and project management. The most important skills for a business development account manager are business development, customer service, and customer relationships.
| Senior Account Manager | Business Development Account Manager | |
| Yearly salary | $86,129 | $99,209 |
| Hourly rate | $41.41 | $47.70 |
| Growth rate | 5% | 5% |
| Number of jobs | 161,354 | 222,573 |
| 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.
A business development account manager is in charge of developing strategies to identify new business and client opportunities, ensuring sales growth and customer satisfaction. They typically perform research and analysis to gather data, coordinate with analysts and experts, produce sales and progress reports, and maintain records of all transactions. Furthermore, a business development account manager must build positive relationships with clients and secure sales by reaching out to customers through calls, correspondence, or appointments. They may offer products and services, process payments, and handle inquiries or concerns.
Senior account managers and business development account managers have different pay scales, as shown below.
| Senior Account Manager | Business Development Account Manager | |
| Average salary | $86,129 | $99,209 |
| Salary range | Between $57,000 And $128,000 | Between $57,000 And $170,000 |
| Highest paying City | Richmond, VA | San Francisco, CA |
| Highest paying state | New Jersey | New Hampshire |
| Best paying company | NVIDIA | Meta |
| Best paying industry | Technology | - |
There are a few differences between a senior account manager and a business development account manager in terms of educational background:
| Senior Account Manager | Business Development Account 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 business development account managers' demographics:
| Senior Account Manager | Business Development Account Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 58.4% Female, 41.6% | Male, 62.4% Female, 37.6% |
| 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% |