PennyMac Loan Services
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PennyMac Loan Services
PennyMac Loan Services Strategic Account Executive Salary
Last 12 months
Aged Data
Median Base Salary
Median On-Target Earnings
Top Performer Can Earn
Salary Distribution
Percent that Attain Quota?
of Strategic Account Executives typically hit their quota here
What percent of Strategic Account Executives hit quota at PennyMac Loan Services?
Approximately 57% of Strategic Account Executives at PennyMac Loan Services meet or exceed their annual quota based on ratings submitted in the past year.
Employee Sentiment on Compensation at PennyMac Loan Services
Frequently Asked Questions
Contact us for more specific compensation data
PennyMac Loan Services Strategic Account Executives are paid on a 14/86 base-to-variable split. The variable compensation is primarily tied to typical sales performance metrics like bookings, revenue, deals closed, or annual recurring revenue. Typically accelerators will kick in after achieving 100% quota attainment.
Assuming a median OTE of $160,000, Strategic Account Executives at PennyMac Loan Services can expect between $78,000 and $175,500 in annual variable compensation.
The median base salary for Strategic Account Executive at PennyMac Loan Services is $30,000 per year, which is 80% lower than the median base salary of the global salary role.
Top performer earnings for Strategic Account Executive at PennyMac Loan Services ranged between $750,000 and $990,000. These high achievers typically exceed quota by 130-150%, benefiting from accelerators that increase commission rates after achieving quota. The highest reported total compensation for this role last year was $870,000.
We estimate the typical annual quota for Strategic Account Executive at PennyMac Loan Services is approximately $800,000, which follows the common industry standard of roughly 5x on-target earnings (OTE).
The average deal size is $187,125. At that rate, a Strategic Account Executive needs to close approximately 4 deals per year to reach the typical $800,000 quota.
Roughly 57.0% of Strategic Account Executives at PennyMac Loan Services hit or exceed their annual quota, earning at least $130,000 in variable compensation; those below quota earn proportionally less.
The average sales cycle for a Strategic Account Executive at PennyMac Loan Services is approximately 28 days from first conversation to closed-won.
Percent that Attain Quota?
of Strategic Account Executives typically hit their quota here
What percent of Strategic Account Executives hit quota at PennyMac Loan Services?
Approximately 57% of Strategic Account Executives at PennyMac Loan Services meet or exceed their annual quota based on ratings submitted in the past year.
Explore Strategic Account Executive Salaries
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$200,000
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Salary data from 5 ratings
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Finastra
Salary data from 5 ratings
OTE
$280,000
Avg. deal size
$187,125
Base variable split?
14% / 86%
Product - Market Fit?
3.8
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Ask a question Frequently Asked Questions
Contact us for more specific compensation data
PennyMac Loan Services Strategic Account Executives are paid on a 14/86 base-to-variable split. The variable compensation is primarily tied to typical sales performance metrics like bookings, revenue, deals closed, or annual recurring revenue. Typically accelerators will kick in after achieving 100% quota attainment.
Assuming a median OTE of $160,000, Strategic Account Executives at PennyMac Loan Services can expect between $78,000 and $175,500 in annual variable compensation.
The median base salary for Strategic Account Executive at PennyMac Loan Services is $30,000 per year, which is 80% lower than the median base salary of the global salary role.
Top performer earnings for Strategic Account Executive at PennyMac Loan Services ranged between $750,000 and $990,000. These high achievers typically exceed quota by 130-150%, benefiting from accelerators that increase commission rates after achieving quota. The highest reported total compensation for this role last year was $870,000.
We estimate the typical annual quota for Strategic Account Executive at PennyMac Loan Services is approximately $800,000, which follows the common industry standard of roughly 5x on-target earnings (OTE).
The average deal size is $187,125. At that rate, a Strategic Account Executive needs to close approximately 4 deals per year to reach the typical $800,000 quota.
Roughly 57.0% of Strategic Account Executives at PennyMac Loan Services hit or exceed their annual quota, earning at least $130,000 in variable compensation; those below quota earn proportionally less.
The average sales cycle for a Strategic Account Executive at PennyMac Loan Services is approximately 28 days from first conversation to closed-won.
