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Strategic account executive vs account manager

The differences between strategic account executives and account managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a strategic account executive has an average salary of $119,268, which is higher than the $68,535 average annual salary of an account manager.

The top three skills for a strategic account executive include digital transformation, cloud and salesforce. The most important skills for an account manager are customer service, account management, and healthcare.

Strategic account executive vs account manager overview

Strategic Account ExecutiveAccount Manager
Yearly salary$119,268$68,535
Hourly rate$57.34$32.95
Growth rate5%5%
Number of jobs130,703152,261
Job satisfaction4.54
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 70%
Average age4446
Years of experience-8

What does a strategic account executive do?

A strategic account executive is in charge of devising strategies to improve services and build positive relationships with key clients. Their responsibilities revolve around maintaining an active communication line with clients to determine their needs, promptly responding to issues and concerns, coordinating clients with other teams, and liaising with various agencies. There are also instances when one must collaborate with analysts to develop new client opportunities, monitor the progress of the sale, and manage the workflow and the workforce.

What does an account manager do?

Account managers are employees who act as the bridge between the company they represent and the client of the company. They are assigned to handle specific clients so that the company will be able to tailor-fit any product or service according to the clients' requirements. Account managers are responsible for maintaining a harmonious relationship between the two parties by ensuring that any agreement made is amenable to both the company and the client. They are also responsible for ensuring that the company will be able to provide the needs of the client within any limitation that the client may have. Account managers also ensure that the company's reputation and well-being are always considered in any dealings.

Strategic account executive vs account manager salary

Strategic account executives and account managers have different pay scales, as shown below.

Strategic Account ExecutiveAccount Manager
Average salary$119,268$68,535
Salary rangeBetween $79,000 And $179,000Between $42,000 And $110,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaWashington
Best paying companyMayo ClinicNVIDIA
Best paying industryHealth CareTechnology

Differences between strategic account executive and account manager education

There are a few differences between a strategic account executive and an account manager in terms of educational background:

Strategic Account ExecutiveAccount Manager
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Strategic account executive vs account manager demographics

Here are the differences between strategic account executives' and account managers' demographics:

Strategic Account ExecutiveAccount Manager
Average age4446
Gender ratioMale, 63.4% Female, 36.6%Male, 54.8% Female, 45.2%
Race ratioBlack or African American, 6.6% Unknown, 4.0% Hispanic or Latino, 15.7% Asian, 5.5% White, 67.8% American Indian and Alaska Native, 0.4%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 Percentage5%7%

Differences between strategic account executive and account manager duties and responsibilities

Strategic account executive example responsibilities.

  • Manage complex accounts and relationships- proven track record with CIO's and other key executives.
  • Develop and manage new and existing restaurant, hotel, healthcare and retirement community chains.
  • Manage services include remote monitoring services, cloud capabilities, as well as hardware and software solutions.
  • Create and execute both PowerPoint and oral presentations to expand existing business and prospect new sales leads.
  • Manage day-to-day activity of client relate projects including IP voice, MPLS infrastructures and CPE implementations in a deadline-orient high-pressure environment.
  • Update company CRM systems, produce presentations and quotations on PowerPoint, respond to client queries and general communication between team.
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Account manager example responsibilities.

  • Manage financial departments with responsibility for managing payroll, bank re-consolidations, bank deposits, budgeting and cost control.
  • Manage $4 million territory encompassing three Mid-Atlantic states.
  • Manage new business and renewals for leading Saas legal solution.
  • Manage an inside sales territory of multiple states with Avaya technology solutions.
  • Negotiate and manage all contracts and pricing for IDN's in the territory.
  • Manage customers' accounts utilizing laptop and internet base CMS reporting software and ADM field guide.
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Strategic account executive vs account manager skills

Common strategic account executive skills
  • Digital Transformation, 9%
  • Cloud, 7%
  • Salesforce, 6%
  • Account Management, 5%
  • Sales Process, 5%
  • CRM, 5%
Common account manager skills
  • Customer Service, 19%
  • Account Management, 8%
  • Healthcare, 6%
  • CRM, 6%
  • Product Knowledge, 5%
  • PowerPoint, 5%