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Account adjuster vs collection team lead

The differences between account adjusters and collection team leads can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both an account adjuster and a collection team lead. Additionally, a collection team lead has an average salary of $68,868, which is higher than the $40,969 average annual salary of an account adjuster.

The top three skills for an account adjuster include customer service, patient accounts and delinquent accounts. The most important skills for a collection team lead are customer service, credit card, and delinquent accounts.

Account adjuster vs collection team lead overview

Account AdjusterCollection Team Lead
Yearly salary$40,969$68,868
Hourly rate$19.70$33.11
Growth rate-8%-8%
Number of jobs61,76629,386
Job satisfaction--
Most common degreeBachelor's Degree, 49%Bachelor's Degree, 45%
Average age4646
Years of experience1212

Account adjuster vs collection team lead salary

Account adjusters and collection team leads have different pay scales, as shown below.

Account AdjusterCollection Team Lead
Average salary$40,969$68,868
Salary rangeBetween $24,000 And $68,000Between $48,000 And $98,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between account adjuster and collection team lead education

There are a few differences between an account adjuster and a collection team lead in terms of educational background:

Account AdjusterCollection Team Lead
Most common degreeBachelor's Degree, 49%Bachelor's Degree, 45%
Most common majorBusinessBusiness
Most common college--

Account adjuster vs collection team lead demographics

Here are the differences between account adjusters' and collection team leads' demographics:

Account AdjusterCollection Team Lead
Average age4646
Gender ratioMale, 38.9% Female, 61.1%Male, 42.9% Female, 57.1%
Race ratioBlack or African American, 11.8% Unknown, 4.1% Hispanic or Latino, 19.3% Asian, 4.1% White, 60.2% American Indian and Alaska Native, 0.5%Black or African American, 13.0% Unknown, 4.0% Hispanic or Latino, 18.9% Asian, 3.6% White, 59.9% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between account adjuster and collection team lead duties and responsibilities

Account adjuster example responsibilities.

  • Manage and maintain an internal database system to generate reports and produce accurate account information for patients and insurance companies.
  • Provide assistance regards to trouble shooting, account status, miss invoice and account reconciliation.
  • Resolve all invoice and sales order processing issues that relate in amounts due to/from all customers.
  • Determine presumptive Medicare and/or Medicaid eligibility.
  • Used ACCURINT software to maintain and update files.
  • Search Lexus/Nexus Accurint database to locate customer.
  • Show more

Collection team lead example responsibilities.

  • Manage re-billings for third party accounts including: commercial carriers, manage care, PPO, POS and HMO organizations.
  • Receive and distribute ACH forms receive form all lots.
  • Assist consumers in money and behavior managements and ensures HIPAA compliance
  • Collect monies from Medicaid, Medicare, VA and various other third party payers.
  • Perform insurance follow up on account receivables of Medicare, Medicaid and private health insurance claims to expedite claim reimbursement.
  • Negotiate payments resolutions for delinquent customers to become current while using professionalism, and adhering to all applicable FDCPA collection laws.
  • Show more

Account adjuster vs collection team lead skills

Common account adjuster skills
  • Customer Service, 16%
  • Patient Accounts, 13%
  • Delinquent Accounts, 9%
  • Payment Arrangements, 8%
  • Inbound Calls, 6%
  • Credit Reports, 6%
Common collection team lead skills
  • Customer Service, 14%
  • Credit Card, 7%
  • Delinquent Accounts, 6%
  • Payment Arrangements, 6%
  • FDCPA, 4%
  • Debt Repayment, 4%

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