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Collections senior representative vs collection team lead

The differences between collections senior representatives and collection team leads 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 a collection team lead. Additionally, a collection team lead has an average salary of $68,868, which is higher than the $47,814 average annual salary of a collections senior representative.

The top three skills for a collections senior representative include strong customer service, data entry and FDCPA. The most important skills for a collection team lead are customer service, credit card, and delinquent accounts.

Collections senior representative vs collection team lead overview

Collections Senior RepresentativeCollection Team Lead
Yearly salary$47,814$68,868
Hourly rate$22.99$33.11
Growth rate-8%-8%
Number of jobs13,95029,386
Job satisfaction--
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 45%
Average age4646
Years of experience1212

Collections senior representative vs collection team lead salary

Collections senior representatives and collection team leads have different pay scales, as shown below.

Collections Senior RepresentativeCollection Team Lead
Average salary$47,814$68,868
Salary rangeBetween $34,000 And $67,000Between $48,000 And $98,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between collections senior representative and collection team lead education

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

Collections Senior RepresentativeCollection Team Lead
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 45%
Most common majorBusinessBusiness
Most common college--

Collections senior representative vs collection team lead demographics

Here are the differences between collections senior representatives' and collection team leads' demographics:

Collections Senior RepresentativeCollection Team Lead
Average age4646
Gender ratioMale, 37.3% Female, 62.7%Male, 42.9% Female, 57.1%
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, 13.0% 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 collections senior representative and collection team lead 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.
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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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Collections senior representative vs collection team lead 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 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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