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Collection supervisor vs senior collector

The differences between collection supervisors and senior collectors 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 senior collector takes usually requires 6-12 months. Additionally, a senior collector has an average salary of $85,626, 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 senior collector are customer service, payment arrangements, and past due accounts.

Collection supervisor vs senior collector overview

Collection SupervisorSenior Collector
Yearly salary$64,766$85,626
Hourly rate$31.14$41.17
Growth rate-8%-8%
Number of jobs21,5265,614
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 41%
Average age4746
Years of experience612

Collection supervisor vs senior collector salary

Collection supervisors and senior collectors have different pay scales, as shown below.

Collection SupervisorSenior Collector
Average salary$64,766$85,626
Salary rangeBetween $45,000 And $92,000Between $50,000 And $145,000
Highest paying CityMount Laurel, NJ-
Highest paying stateNew York-
Best paying companyIntuitive Surgical-
Best paying industryFinance-

Differences between collection supervisor and senior collector education

There are a few differences between a collection supervisor and a senior collector in terms of educational background:

Collection SupervisorSenior Collector
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 41%
Most common majorBusinessBusiness
Most common collegeCalifornia State University - Bakersfield-

Collection supervisor vs senior collector demographics

Here are the differences between collection supervisors' and senior collectors' demographics:

Collection SupervisorSenior Collector
Average age4746
Gender ratioMale, 44.6% Female, 55.4%Male, 40.1% Female, 59.9%
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, 13.4% Unknown, 4.1% Hispanic or Latino, 20.9% Asian, 3.7% White, 57.4% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between collection supervisor and senior collector 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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Senior collector example responsibilities.

  • Accomplish the above in compliance with HIPAA regulations.
  • Manage re-billings for third party accounts including: commercial carriers, manage care, PPO, POS and HMO organizations.
  • Record CPT codes and ICD-9 codes on billing forms.
  • Develop and pursue collection strategies to reduce the DSO.
  • Process credit cards, purchase cards, ACH payments.
  • Used the Medicaid web portal to check claim status and eligibility.
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Collection supervisor vs senior collector skills

Common collection supervisor skills
  • Customer Service, 22%
  • FDCPA, 5%
  • Delinquent Accounts, 4%
  • Credit Card, 4%
  • Direct Reports, 3%
  • Medicare, 3%
Common senior collector skills
  • Customer Service, 16%
  • Payment Arrangements, 13%
  • Past Due Accounts, 6%
  • Debt Repayment, 5%
  • Loss Mitigation, 5%
  • FDCPA, 4%

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