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Account services representative vs business representative

The differences between account services representatives and business representatives 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 services representative and a business representative. Additionally, a business representative has an average salary of $51,604, which is higher than the $32,467 average annual salary of an account services representative.

The top three skills for an account services representative include customer satisfaction, work ethic and technical support. The most important skills for a business representative are customer service, patients, and powerpoint.

Account services representative vs business representative overview

Account Services RepresentativeBusiness Representative
Yearly salary$32,467$51,604
Hourly rate$15.61$24.81
Growth rate-4%-4%
Number of jobs319,445197,264
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 58%
Average age4040
Years of experience1212

What does an account services representative do?

An account services representative is responsible for responding to the customers' inquiries and concerns regarding their financial accounts and statements. Account services representatives also offer new products and services from the financial institution, handling customers' complaints, assist in developing marketing strategies and promotional offers, and identify business opportunities to generate more revenues and attract potential clients. An account services representative must have excellent communication and customer service skills, processing their financial transactions, and resolve billing discrepancies.

What does a business representative do?

Typically working as a member of a company's sales team, a business representative offers products and services to customers through appointments or calls and correspondence, securing sales and customer satisfaction. Among their responsibilities include answering inquiries, processing payments, assisting clients in filling out forms, negotiating contracts, developing sales strategies, researching new business and client opportunities, and producing sales reports. Furthermore, as a business representative, it is essential to have a great understanding of the company's vision and mission, including its policies and regulations.

Account services representative vs business representative salary

Account services representatives and business representatives have different pay scales, as shown below.

Account Services RepresentativeBusiness Representative
Average salary$32,467$51,604
Salary rangeBetween $25,000 And $40,000Between $36,000 And $73,000
Highest paying CitySan Jose, CASan Francisco, CA
Highest paying stateAlaskaWashington
Best paying companySchneider Electric Industrial ServicesMarathon Oil
Best paying industryAutomotiveFinance

Differences between account services representative and business representative education

There are a few differences between an account services representative and a business representative in terms of educational background:

Account Services RepresentativeBusiness Representative
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common college--

Account services representative vs business representative demographics

Here are the differences between account services representatives' and business representatives' demographics:

Account Services RepresentativeBusiness Representative
Average age4040
Gender ratioMale, 35.5% Female, 64.5%Male, 45.5% Female, 54.5%
Race ratioBlack or African American, 12.5% Unknown, 5.3% Hispanic or Latino, 19.1% Asian, 6.7% White, 55.6% American Indian and Alaska Native, 0.7%Black or African American, 11.8% Unknown, 5.4% Hispanic or Latino, 21.2% Asian, 6.8% White, 54.1% American Indian and Alaska Native, 0.7%
LGBT Percentage7%7%

Differences between account services representative and business representative duties and responsibilities

Account services representative example responsibilities.

  • Note: EDI is media loader design to automate conversion from p.c.
  • Manage participants in classroom and OJT training to ensure they are successful and any barriers to completion are immediately addressed.
  • Educate veterans and the college community on veteran's benefits and academic requirements need to accomplish academic goals.
  • Coordinate services for new software clients to help ensure efficient implementation of EDI software.
  • Process HIPAA system configuration and implementation.
  • Review medical documentation and consult with healthcare providers when documentation are inadequate for coding purpose.
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Business representative example responsibilities.

  • Manage customer relations with internal personnel, group administrators, brokers and members as related to Medicare insurance.
  • Verify ICD-9 to physician's diagnosis; insure correct CPT codes and level of service are going out on claims.
  • Handle incoming calls to investigate and troubleshoot network and hardware concerns that align with company expectations of quality.
  • Utilize multiple internal information systems and applications to troubleshoot hardware issues.
  • Verify all new and returning patients' insurance coverage and eligibility when reviewing patient registration.
  • Obtain and verify accurate and complete patient demographic information, appropriately schedule patients according to center and insurance guidelines.
  • Show more

Account services representative vs business representative skills

Common account services representative skills
  • Customer Satisfaction, 12%
  • Work Ethic, 11%
  • Technical Support, 10%
  • Customer Support, 7%
  • Account Services, 6%
  • Patients, 5%
Common business representative skills
  • Customer Service, 13%
  • Patients, 12%
  • PowerPoint, 8%
  • Business Development, 7%
  • Financial Services, 6%
  • Inbound Calls, 5%

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