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The differences between actuarial managers and accounts receivable managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an actuarial manager and an accounts receivable manager. Additionally, an actuarial manager has an average salary of $75,827, which is higher than the $69,403 average annual salary of an accounts receivable manager.
The top three skills for an actuarial manager include medicaid, financial analysis and financial results. The most important skills for an accounts receivable manager are customer service, accounts receivables, and financial reports.
| Actuarial Manager | Accounts Receivable Manager | |
| Yearly salary | $75,827 | $69,403 |
| Hourly rate | $36.46 | $33.37 |
| Growth rate | 17% | 17% |
| Number of jobs | 59,285 | 53,859 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 55% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
Actuarial managers supervise all the actuary employees and the actuary department. They meet the clients and get to know the type of data and statistics they need. Besides reviewing the actuaries' performance and predictions and analysis accuracy, actuarial managers also prepare reports featuring all the information and ensure each data's accuracy before submission. Other duties performed by actuarial managers include meeting with company heads from time to time and updating them on matters relating to the actuarial figures.
An accounts receivable manager is responsible for overseeing the financial matters in a business or company, focusing on the generated sales and income. Moreover, they are also responsible for maintaining an accurate and efficient collection of payments, conducting research and analysis, and supervising the workforce, striving to meet all the goals within the allotted time. As a manager in the department, it is also vital to lead fellow skilled professionals and implement the policies and regulations of the company or organization.
Actuarial managers and accounts receivable managers have different pay scales, as shown below.
| Actuarial Manager | Accounts Receivable Manager | |
| Average salary | $75,827 | $69,403 |
| Salary range | Between $39,000 And $144,000 | Between $42,000 And $114,000 |
| Highest paying City | Bridgeport, CT | San Francisco, CA |
| Highest paying state | Connecticut | California |
| Best paying company | Prudential Financial | Meta |
| Best paying industry | Insurance | Technology |
There are a few differences between an actuarial manager and an accounts receivable manager in terms of educational background:
| Actuarial Manager | Accounts Receivable Manager | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 55% |
| Most common major | Mathematics | Business |
| Most common college | University of Notre Dame | University of Pennsylvania |
Here are the differences between actuarial managers' and accounts receivable managers' demographics:
| Actuarial Manager | Accounts Receivable Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 65.2% Female, 34.8% | Male, 25.0% Female, 75.0% |
| Race ratio | Black or African American, 5.7% Unknown, 4.0% Hispanic or Latino, 10.2% Asian, 7.9% White, 71.9% American Indian and Alaska Native, 0.3% | Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 7.6% White, 65.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |