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The differences between account resolution analysts and bill 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 resolution analyst and a bill collector. Additionally, an account resolution analyst has an average salary of $44,937, which is higher than the $35,585 average annual salary of a bill collector.
The top three skills for an account resolution analyst include escalate, credit balances and customer accounts. The most important skills for a bill collector are patients, customer service, and medicaid.
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.
A bill collector is responsible for reaching out to the customers to collect overdue payments, negotiate repayment plans, and update account information upon settling of payments. Bill collectors monitor the contact details of the customer, utilizing locator tools and software as required by the organization, and review contract terms to decide on credit advice or escalate the issue to a higher tier. A bill collector must have excellent communication and customer service skills, especially in explaining the customer's case and perform debt collection duties efficiently.
Account resolution analysts and bill collectors have different pay scales, as shown below.
| Account Resolution Analyst | Bill Collector | |
| Average salary | $44,937 | $35,585 |
| Salary range | Between $31,000 And $64,000 | Between $30,000 And $40,000 |
| Highest paying City | - | Pittsfield, MA |
| Highest paying state | - | Virginia |
| Best paying company | - | Retina Group Of Washington |
| Best paying industry | - | Finance |
There are a few differences between an account resolution analyst and a bill collector in terms of educational background:
| Account Resolution Analyst | Bill Collector | |
| Most common degree | Bachelor's Degree, 58% | High School Diploma, 27% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between account resolution analysts' and bill collectors' demographics:
| Account Resolution Analyst | Bill Collector | |
| Average age | 46 | 46 |
| Gender ratio | Male, 34.4% Female, 65.6% | Male, 20.0% Female, 80.0% |
| Race ratio | Black 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, 11.8% Unknown, 4.0% Hispanic or Latino, 24.0% Asian, 3.5% White, 56.3% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |