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Account technician vs assistant account manager

The differences between account technicians and assistant account managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an account technician, becoming an assistant account manager takes usually requires 6-8 years. Additionally, an account technician has an average salary of $51,115, which is higher than the $45,905 average annual salary of an assistant account manager.

The top three skills for an account technician include veterans, financial statements and patients. The most important skills for an assistant account manager are HR, emergency situations, and account management.

Account technician vs assistant account manager overview

Account TechnicianAssistant Account Manager
Yearly salary$51,115$45,905
Hourly rate$24.57$22.07
Growth rate-5%17%
Number of jobs94,413115,363
Job satisfaction--
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 62%
Average age5146
Years of experience68

What does an account technician do?

Account technicians are skilled professionals who are responsible for gathering data and preparing financial statements and reports from the account records they have maintained. These technicians are required to settle accounts with insurance companies and maximize benefits payments received from those companies. They must maintain a client management system for multiple accounts and coordinate marketing outreach for potential and existing clients. Account technicians must also monitor and compile all documents of the department, such as invoices, checks, and financial records.

What does an assistant account manager do?

An assistant account manager is in charge of performing clerical support tasks for account managers. Their responsibilities revolve around preparing and processing documents, answering calls and correspondence, taking part in managing schedules and budgets, arranging meetings and appointments, and performing research and analysis to identify new business opportunities. They may also pursue sales leads, reaching out to clients to offer products or services. Furthermore, as an assistant account manager, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.

Account technician vs assistant account manager salary

Account technicians and assistant account managers have different pay scales, as shown below.

Account TechnicianAssistant Account Manager
Average salary$51,115$45,905
Salary rangeBetween $26,000 And $97,000Between $31,000 And $66,000
Highest paying CitySan Francisco, CAToms River, NJ
Highest paying stateCaliforniaNew Jersey
Best paying companyMicrosoftElanco
Best paying industry-Professional

Differences between account technician and assistant account manager education

There are a few differences between an account technician and an assistant account manager in terms of educational background:

Account TechnicianAssistant Account Manager
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Account technician vs assistant account manager demographics

Here are the differences between account technicians' and assistant account managers' demographics:

Account TechnicianAssistant Account Manager
Average age5146
Gender ratioMale, 31.3% Female, 68.7%Male, 40.4% Female, 59.6%
Race ratioBlack or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 14.3% Asian, 6.5% White, 67.8% American Indian and Alaska Native, 0.6%Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.3% American Indian and Alaska Native, 0.3%
LGBT Percentage7%11%

Differences between account technician and assistant account manager duties and responsibilities

Account technician example responsibilities.

  • Develop expertise in use of PeopleSoft system to manage balance accounts for quarterly investment portfolio.
  • Process medical claims and workman compensation claims and Medicare & Medicaid claims.
  • Review accounts, record payments from first and third party billing to include Medicare, Medicaid, and private insurance.
  • Close patient contact, appropriate decision-making concerning patient financial affairs and coordination between patients and third-party sponsorship for further financial assistance.
  • Issue manual checks from QuickBooks as needed.
  • Construct payment scheduling through utilization of QuickBooks.
  • Show more

Assistant account manager example responsibilities.

  • Capitalize on strong organizational and interpersonal skills to expertly manage the regional provider enrollment system for Medicare and Medicaid memberships.
  • Prepare account reconciliations, investigate differences and conduct expense analysis and maintain the company's fix assets system.
  • Allocate revenue of sales, cash flow, inflow and outflow, wire transfers to ensure compliance with GAAP accounting standards.
  • Full responsibility accounting including month end/year end close, reconciliations, budgets, forecasts and performance management.
  • Work closely with CPA firm on annual tax filings.
  • Submit product return claims through documentation and EDI transmissions.
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Account technician vs assistant account manager skills

Common account technician skills
  • Veterans, 13%
  • Financial Statements, 10%
  • Patients, 8%
  • Data Entry, 6%
  • HR, 5%
  • Reconciliations, 5%
Common assistant account manager skills
  • HR, 25%
  • Emergency Situations, 24%
  • Account Management, 6%
  • Insurance Policies, 4%
  • Quality Customer Service, 4%
  • Financial Statements, 4%

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