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Account resolution analyst vs analyst

The differences between account resolution analysts and analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-12 months to become an account resolution analyst, becoming an analyst takes usually requires 2-4 years. Additionally, an analyst has an average salary of $73,007, which is higher than the $44,937 average annual salary of an account resolution analyst.

The top three skills for an account resolution analyst include escalate, credit balances and customer accounts. The most important skills for an analyst are customer service, troubleshoot, and data analysis.

Account resolution analyst vs analyst overview

Account Resolution AnalystAnalyst
Yearly salary$44,937$73,007
Hourly rate$21.60$35.10
Growth rate-8%11%
Number of jobs71,300253,138
Job satisfaction--
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 67%
Average age4644
Years of experience124

What does an account resolution analyst do?

An account resolution analyst is someone who investigates and determines delinquent accounts, locate and help customers resolve their outstanding balances. In service providers, the threat of delinquent accounts is high, especially with the fluctuating economy. For this reason, companies need an account resolution analyst to help the company collect delayed payments. The resolution analyst will also investigate the customer to know the main reason for the financial difficulty and inability to pay on time.

What does an analyst do?

Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.

Account resolution analyst vs analyst salary

Account resolution analysts and analysts have different pay scales, as shown below.

Account Resolution AnalystAnalyst
Average salary$44,937$73,007
Salary rangeBetween $31,000 And $64,000Between $53,000 And $99,000
Highest paying City-Jersey City, NJ
Highest paying state-New Jersey
Best paying company-The Citadel
Best paying industry-Technology

Differences between account resolution analyst and analyst education

There are a few differences between an account resolution analyst and an analyst in terms of educational background:

Account Resolution AnalystAnalyst
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common college-Northwestern University

Account resolution analyst vs analyst demographics

Here are the differences between account resolution analysts' and analysts' demographics:

Account Resolution AnalystAnalyst
Average age4644
Gender ratioMale, 34.4% Female, 65.6%Male, 52.4% Female, 47.6%
Race ratioBlack or African American, 12.3% Unknown, 4.1% Hispanic or Latino, 14.9% Asian, 3.8% White, 64.4% American Indian and Alaska Native, 0.5%Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2%
LGBT Percentage8%12%

Differences between account resolution analyst and analyst duties and responsibilities

Account resolution analyst example responsibilities.

  • Manage daily credit card reconciliations and personally deliver regular cash deposits in a safe and professional manner.
  • Initial task are the development of algorithms to identify overpayments of Medicaid claims.
  • Evaluate, process, and paid out health insurance Medicaid claims with numerous providers.
  • Complete ODAR retro-recovery appeals within a timely manner.
  • Review and respond to physician appeals and correspondence.
  • Escalate issues with internal business partners for quick resolution to ensure customer satisfaction to maintain health of portfolio against assign metrics.
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Analyst example responsibilities.

  • Manage support incidents and mitigate customer issues meeting or exceeding establish SLA's.
  • Manage database including all ETL procedures, optimize SQL query to build an online sales platform.
  • Lead the requirement gathering effort from key customers for development of new JAVA applications and for troubleshooting customer issues.
  • Provide hands-on technical support and managing custom software, windows base systems, networking solutions, and database systems.
  • Initiate and lead quality improvement projects to address KPIs such as production, error rate, and turnaround time.
  • Help develop and handle both on and offsite SEO solutions as well as managing local campaigns and international SEO efforts.
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Account resolution analyst vs analyst skills

Common account resolution analyst skills
  • Escalate, 13%
  • Credit Balances, 8%
  • Customer Accounts, 7%
  • Customer Service, 6%
  • Medical Claims, 5%
  • A/R, 5%
Common analyst skills
  • Customer Service, 13%
  • Troubleshoot, 6%
  • Data Analysis, 6%
  • Management System, 5%
  • Project Management, 5%
  • Strong Analytical, 4%

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