Account adjuster vs senior collector

The differences between account adjusters and senior collectors 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 senior collector. Additionally, a senior collector has an average salary of $85,626, 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 senior collector are customer service, payment arrangements, and past due accounts.

Account adjuster vs senior collector overview

	Account Adjuster	Senior Collector
Yearly salary	$40,969	$85,626
Hourly rate	$19.70	$41.17
Growth rate	-8%	-8%
Number of jobs	61,766	5,614
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 49%	Bachelor's Degree, 41%
Average age	46	46
Years of experience	12	12

Account adjuster vs senior collector salary

Account adjusters and senior collectors have different pay scales, as shown below.

	Account Adjuster	Senior Collector
Average salary	$40,969	$85,626
Salary range	Between $24,000 And $68,000	Between $50,000 And $145,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between account adjuster and senior collector education

There are a few differences between an account adjuster and a senior collector in terms of educational background:

	Account Adjuster	Senior Collector
Most common degree	Bachelor's Degree, 49%	Bachelor's Degree, 41%
Most common major	Business	Business
Most common college	-	-

Account adjuster vs senior collector demographics

Here are the differences between account adjusters' and senior collectors' demographics:

	Account Adjuster	Senior Collector
Average age	46	46
Gender ratio	Male, 38.9% Female, 61.1%	Male, 40.1% Female, 59.9%
Race ratio	Black 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, 13.4% Unknown, 4.1% Hispanic or Latino, 20.9% Asian, 3.7% White, 57.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between account adjuster and senior collector 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.

Senior collector example responsibilities.

Accomplish the above in compliance with HIPAA regulations.
Manage re-billings for third party accounts including: commercial carriers, manage care, PPO, POS and HMO organizations.
Record CPT codes and ICD-9 codes on billing forms.
Develop and pursue collection strategies to reduce the DSO.
Process credit cards, purchase cards, ACH payments.
Used the Medicaid web portal to check claim status and eligibility.

Account adjuster vs senior collector skills

Common account adjuster skills

Customer Service, 16%
Patient Accounts, 13%
Delinquent Accounts, 9%
Payment Arrangements, 8%
Inbound Calls, 6%
Credit Reports, 6%

Common senior collector skills

Customer Service, 16%
Payment Arrangements, 13%
Past Due Accounts, 6%
Debt Repayment, 5%
Loss Mitigation, 5%
FDCPA, 4%