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Collection supervisor vs collection team lead

The differences between collection supervisors and collection team leads can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a collection supervisor, becoming a collection team lead takes usually requires 6-12 months. Additionally, a collection team lead has an average salary of $68,868, which is higher than the $64,766 average annual salary of a collection supervisor.

The top three skills for a collection supervisor include customer service, FDCPA and delinquent accounts. The most important skills for a collection team lead are customer service, credit card, and delinquent accounts.

Collection supervisor vs collection team lead overview

Collection SupervisorCollection Team Lead
Yearly salary$64,766$68,868
Hourly rate$31.14$33.11
Growth rate-8%-8%
Number of jobs21,52629,386
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 45%
Average age4746
Years of experience612

Collection supervisor vs collection team lead salary

Collection supervisors and collection team leads have different pay scales, as shown below.

Collection SupervisorCollection Team Lead
Average salary$64,766$68,868
Salary rangeBetween $45,000 And $92,000Between $48,000 And $98,000
Highest paying CityMount Laurel, NJ-
Highest paying stateNew York-
Best paying companyIntuitive Surgical-
Best paying industryFinance-

Differences between collection supervisor and collection team lead education

There are a few differences between a collection supervisor and a collection team lead in terms of educational background:

Collection SupervisorCollection Team Lead
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 45%
Most common majorBusinessBusiness
Most common collegeCalifornia State University - Bakersfield-

Collection supervisor vs collection team lead demographics

Here are the differences between collection supervisors' and collection team leads' demographics:

Collection SupervisorCollection Team Lead
Average age4746
Gender ratioMale, 44.6% Female, 55.4%Male, 42.9% Female, 57.1%
Race ratioBlack or African American, 10.1% Unknown, 4.7% Hispanic or Latino, 18.6% Asian, 5.2% White, 60.7% American Indian and Alaska Native, 0.6%Black or African American, 13.0% Unknown, 4.0% Hispanic or Latino, 18.9% Asian, 3.6% White, 59.9% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between collection supervisor and collection team lead duties and responsibilities

Collection supervisor example responsibilities.

  • Manage receivables, calculate DSO, cash projections, and presentations to upper level management.
  • Manage re-billings for third party accounts including: commercial carriers, manage care, PPO, POS and HMO organizations.
  • Verify insurance coverage including Medicaid, Medicare, HMO and indemnity insurance.
  • Demonstrate effective negotiation urgency and problem resolution skills to resolve delinquent accounts by following state and federal guidelines.
  • Call monitoring template/system utilize daily to ensure agents are using proper collection techniques, maintaining professionalism and following FDCPA guidelines.
  • Complete weekly QA's and coaching's for a team of 12+.
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Collection team lead example responsibilities.

  • Manage re-billings for third party accounts including: commercial carriers, manage care, PPO, POS and HMO organizations.
  • Receive and distribute ACH forms receive form all lots.
  • Assist consumers in money and behavior managements and ensures HIPAA compliance
  • Collect monies from Medicaid, Medicare, VA and various other third party payers.
  • Perform insurance follow up on account receivables of Medicare, Medicaid and private health insurance claims to expedite claim reimbursement.
  • Negotiate payments resolutions for delinquent customers to become current while using professionalism, and adhering to all applicable FDCPA collection laws.
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Collection supervisor vs collection team lead skills

Common collection supervisor skills
  • Customer Service, 22%
  • FDCPA, 5%
  • Delinquent Accounts, 4%
  • Credit Card, 4%
  • Direct Reports, 3%
  • Medicare, 3%
Common collection team lead skills
  • Customer Service, 14%
  • Credit Card, 7%
  • Delinquent Accounts, 6%
  • Payment Arrangements, 6%
  • FDCPA, 4%
  • Debt Repayment, 4%

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