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Collections senior representative vs account specialist

The differences between collections senior representatives and account specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a collections senior representative and an account specialist. Additionally, a collections senior representative has an average salary of $47,814, which is higher than the $42,586 average annual salary of an account specialist.

The top three skills for a collections senior representative include strong customer service, data entry and FDCPA. The most important skills for an account specialist are customer service, patients, and account management.

Collections senior representative vs account specialist overview

Collections Senior RepresentativeAccount Specialist
Yearly salary$47,814$42,586
Hourly rate$22.99$20.47
Growth rate-8%-8%
Number of jobs13,950116,010
Job satisfaction--
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 54%
Average age4646
Years of experience1212

Collections senior representative vs account specialist salary

Collections senior representatives and account specialists have different pay scales, as shown below.

Collections Senior RepresentativeAccount Specialist
Average salary$47,814$42,586
Salary rangeBetween $34,000 And $67,000Between $28,000 And $62,000
Highest paying City-Washington, DC
Highest paying state-Virginia
Best paying company-Microsoft
Best paying industry-Finance

Differences between collections senior representative and account specialist education

There are a few differences between a collections senior representative and an account specialist in terms of educational background:

Collections Senior RepresentativeAccount Specialist
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common college--

Collections senior representative vs account specialist demographics

Here are the differences between collections senior representatives' and account specialists' demographics:

Collections Senior RepresentativeAccount Specialist
Average age4646
Gender ratioMale, 37.3% Female, 62.7%Male, 32.2% Female, 67.8%
Race ratioBlack or African American, 12.5% Unknown, 4.0% Hispanic or Latino, 18.0% Asian, 3.6% White, 61.4% American Indian and Alaska Native, 0.5%Black or African American, 13.2% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 3.7% White, 60.8% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between collections senior representative and account specialist duties and responsibilities

Collections senior representative example responsibilities.

  • Plan and conduct sensitive HUMINT collection operations with an emphasis on managing and debriefing confidential sources.
  • Avoid legal challenges by complying with the guidelines set forth in the FDCPA and company collection policies.
  • Track and contact responsible party's to secure payment of outstanding debts following FDCPA and HIPAA guidelines.
  • Integrate experimental ISR technologies to maximize intelligence collection and reduce work load on analysts and high demand low density collection assets.
  • Work with customers to research and resolve billing issues, including credit card declines and ACH returns and rejects.
  • Maintain collection portfolios on a daily basis to reduce DSO.
  • Show more

Account specialist example responsibilities.

  • Cultivate productive long-term relationships with all assign accounts, and manage all reporting and presentation needs for RFP's.
  • Manage a portfolio of accounts end to end RFP program execution inclusive of pricing, contracting, process and technology solutions.
  • Manage the daily correspondence from assign practices with keeping doctor/patient confidentiality under consideration along with HIPPA regulations.
  • Deliver exceptional customer service to hospital accounts and internal sales representatives in accordance to revenue recognition policies and HIPAA regulations.
  • Experience with CMS 1500 and UB-04 claims using HCPC/CPT codes as well as NDC codes
  • Monitor CMS and real time aux codes.
  • Show more

Collections senior representative vs account specialist skills

Common collections senior representative skills
  • Strong Customer Service, 11%
  • Data Entry, 10%
  • FDCPA, 7%
  • Collection Practices, 7%
  • Customer Service, 6%
  • Strong Negotiation, 6%
Common account specialist skills
  • Customer Service, 25%
  • Patients, 13%
  • Account Management, 6%
  • PowerPoint, 4%
  • Data Entry, 4%
  • Catheter, 3%

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