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Senior territory business manager vs business account manager

The differences between senior territory business managers and business 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 territory business manager and a business account manager. Additionally, a senior territory business manager has an average salary of $69,751, which is higher than the $68,498 average annual salary of a business account manager.

The top three skills for a senior territory business manager include neurologists, business development and oncology. The most important skills for a business account manager are customer service, product knowledge, and account management.

Senior territory business manager vs business account manager overview

Senior Territory Business ManagerBusiness Account Manager
Yearly salary$69,751$68,498
Hourly rate$33.53$32.93
Growth rate5%5%
Number of jobs112,398212,532
Job satisfaction--
Most common degreeBachelor's Degree, 84%Bachelor's Degree, 71%
Average age4646
Years of experience88

What does a senior territory business manager do?

A senior territory business manager is responsible for overseeing the business functions and operations under the assigned district. Senior territory business managers strategize project management techniques to handle the company's key accounts efficiently. They also identify business opportunities by conducting data and statistical analysis to generate more revenue resources and increase profits for the business. A senior territory business manager coordinates with clients, negotiates contracts and agreements, and maintain healthy business relationships with business partners.

What does a business account manager do?

Business Account Managers are experienced employees who manage client accounts. Companies usually employ them as distributors, retailers, manufacturers, or any other company with various business partnerships or dealings. They are in charge of managing the company's relationship with a specific client or group. They are the point of contact for these clients regarding requests or concerns related to company products or services. Business account managers ensure that the clients' concerns are properly addressed. They also ensure client loyalty and build harmonious working relationships with their assigned clients.

Senior territory business manager vs business account manager salary

Senior territory business managers and business account managers have different pay scales, as shown below.

Senior Territory Business ManagerBusiness Account Manager
Average salary$69,751$68,498
Salary rangeBetween $47,000 And $101,000Between $44,000 And $104,000
Highest paying City-Redmond, WA
Highest paying state-New Jersey
Best paying company-Meta
Best paying industry-Technology

Differences between senior territory business manager and business account manager education

There are a few differences between a senior territory business manager and a business account manager in terms of educational background:

Senior Territory Business ManagerBusiness Account Manager
Most common degreeBachelor's Degree, 84%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Senior territory business manager vs business account manager demographics

Here are the differences between senior territory business managers' and business account managers' demographics:

Senior Territory Business ManagerBusiness Account Manager
Average age4646
Gender ratioMale, 51.5% Female, 48.5%Male, 55.8% Female, 44.2%
Race ratioBlack 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 Percentage7%7%

Differences between senior territory business manager and business account manager duties and responsibilities

Senior territory business manager example responsibilities.

  • Utilize on-line agency managing software which aides in conformation of patient progress note submission to Medicare regulation standards.
  • Accomplish this by actively prospecting new business, maintaining accountability on all sales efforts, and actualizing attentiveness to detail.
  • Certify compliant with product knowledge, BMS behaviors, assign learning modules, and hands-on defensive driving.
  • Service hospitals by educating and selling the benefits of BMS products in the institutional setting.
  • Review physician notes and operative reports to determine appropriate coding for patients on Medicare and other private insurance companies.
  • Set up and train production staff to utilize QuickBooks for assembly company inventory system for accurate information provide to commercial customers.
  • Show more

Business account manager example responsibilities.

  • Generate leads, prepare RFP responses, build relationships, identify business/functional requirements, present technical solutions and negotiate contracts.
  • Add PowerPoint graphical and word text supplemental materials to hold interest and increase memory retention on user trainings.
  • Prepare payroll for the entire company, including responsibility for investigating and resolving issues.
  • Utilize marketing development funds strategically with customers, analyzing ROI before committing more funds.
  • Create numerous technical documentation and user manuals including release memos, system descriptions and extend PowerPoint presentations.
  • Prepare customized corporate contracts/proposals, corporate budgets including conservative ROI, organize and conduct executive level meetings, presentations.
  • Show more

Senior territory business manager vs business account manager skills

Common senior territory business manager skills
  • Neurologists, 16%
  • Business Development, 15%
  • Oncology, 13%
  • BMS, 11%
  • Disease State, 11%
  • Sales Performance, 8%
Common business account manager skills
  • Customer Service, 18%
  • Product Knowledge, 8%
  • Account Management, 6%
  • Financial Statements, 5%
  • Business Sales, 4%
  • PowerPoint, 4%

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