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The differences between account resolution specialists 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 specialist and a bill collector. Additionally, an account resolution specialist has an average salary of $35,602, which is higher than the $35,585 average annual salary of a bill collector.
The top three skills for an account resolution specialist include account resolution, outbound calls and inbound calls. The most important skills for a bill collector are patients, customer service, and medicaid.
| Account Resolution Specialist | Bill Collector | |
| Yearly salary | $35,602 | $35,585 |
| Hourly rate | $17.12 | $17.11 |
| Growth rate | -8% | -8% |
| Number of jobs | 87,713 | 23,746 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 39% | High School Diploma, 27% |
| Average age | 46 | 46 |
| Years of experience | 12 | 12 |
An account resolutions specialist works at a company's accounting department, where they are in charge of overseeing account receivables to ensure client compliance. Their responsibilities usually include conducting research and analysis, assessing client accounts and credit histories, coordinating with managers and collection agents, and monitoring delinquent accounts. They may also directly communicate with clients to follow-up on invoices, process payments, or even arrange new payment plans while adhering to the company's policies and regulations. Moreover, they must maintain records of all transactions and present regular reports to managers.
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 specialists and bill collectors have different pay scales, as shown below.
| Account Resolution Specialist | Bill Collector | |
| Average salary | $35,602 | $35,585 |
| Salary range | Between $29,000 And $43,000 | Between $30,000 And $40,000 |
| Highest paying City | Hartford, CT | Pittsfield, MA |
| Highest paying state | Connecticut | Virginia |
| Best paying company | American Express | Retina Group Of Washington |
| Best paying industry | Finance | Finance |
There are a few differences between an account resolution specialist and a bill collector in terms of educational background:
| Account Resolution Specialist | Bill Collector | |
| Most common degree | Bachelor's Degree, 39% | High School Diploma, 27% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between account resolution specialists' and bill collectors' demographics:
| Account Resolution Specialist | Bill Collector | |
| Average age | 46 | 46 |
| Gender ratio | Male, 32.4% Female, 67.6% | Male, 20.0% Female, 80.0% |
| Race ratio | Black or African American, 12.5% Unknown, 4.1% Hispanic or Latino, 18.9% Asian, 3.7% White, 60.4% 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% |