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Collections senior representative vs collections/accounts receivable

The differences between collections senior representatives and collections/accounts receivables 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 collections/accounts receivable. Additionally, a collections senior representative has an average salary of $47,814, which is higher than the $38,949 average annual salary of a collections/accounts receivable.

The top three skills for a collections senior representative include strong customer service, data entry and FDCPA. The most important skills for a collections/accounts receivable are customer service, patients, and delinquent accounts.

Collections senior representative vs collections/accounts receivable overview

Collections Senior RepresentativeCollections/Accounts Receivable
Yearly salary$47,814$38,949
Hourly rate$22.99$18.73
Growth rate-8%-8%
Number of jobs13,95030,523
Job satisfaction--
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 40%
Average age4646
Years of experience1212

Collections senior representative vs collections/accounts receivable salary

Collections senior representatives and collections/accounts receivables have different pay scales, as shown below.

Collections Senior RepresentativeCollections/Accounts Receivable
Average salary$47,814$38,949
Salary rangeBetween $34,000 And $67,000Between $30,000 And $49,000
Highest paying City-Boston, MA
Highest paying state-Connecticut
Best paying company-Apollo Global Management
Best paying industry-Finance

Differences between collections senior representative and collections/accounts receivable education

There are a few differences between a collections senior representative and a collections/accounts receivable in terms of educational background:

Collections Senior RepresentativeCollections/Accounts Receivable
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 40%
Most common majorBusinessBusiness
Most common college--

Collections senior representative vs collections/accounts receivable demographics

Here are the differences between collections senior representatives' and collections/accounts receivables' demographics:

Collections Senior RepresentativeCollections/Accounts Receivable
Average age4646
Gender ratioMale, 37.3% Female, 62.7%Male, 25.3% Female, 74.7%
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, 12.0% Unknown, 4.1% Hispanic or Latino, 20.1% Asian, 3.8% White, 59.4% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between collections senior representative and collections/accounts receivable 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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Collections/accounts receivable example responsibilities.

  • Plan and conduct sensitive HUMINT collection operations with an emphasis on managing and debriefing confidential sources.
  • Work accounts receivable for Medicaid verification and payments.
  • Work remittance advice from Medicaid ensuring accuracy of payments.
  • Research and obtain extensive knowledge of FDCPA debt recovery laws and assist in recovering commercial debt from organizations.
  • Communicate effectively with patients, physicians, hospital staff, and insurance representatives to ensure accuracy in claims processing.
  • Review claims to determine if process correctly and if necessary, direct patients to contact insurance companies regarding additional benefit questions.
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Collections senior representative vs collections/accounts receivable 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 collections/accounts receivable skills
  • Customer Service, 21%
  • Patients, 6%
  • Delinquent Accounts, 5%
  • Credit Card Payments, 5%
  • Past Due Accounts, 5%
  • Customer Accounts, 5%

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