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Collections senior representative vs collections specialist

The differences between collections senior representatives and collections 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 a collections specialist. Additionally, a collections senior representative has an average salary of $47,814, which is higher than the $35,164 average annual salary of a collections specialist.

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

Collections senior representative vs collections specialist overview

Collections Senior RepresentativeCollections Specialist
Yearly salary$47,814$35,164
Hourly rate$22.99$16.91
Growth rate-8%-8%
Number of jobs13,95040,277
Job satisfaction--
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 34%
Average age4646
Years of experience1212

Collections senior representative vs collections specialist salary

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

Collections Senior RepresentativeCollections Specialist
Average salary$47,814$35,164
Salary rangeBetween $34,000 And $67,000Between $27,000 And $45,000
Highest paying City-Boston, MA
Highest paying state-Connecticut
Best paying company-Kent Daniels & Associates
Best paying industry-Finance

Differences between collections senior representative and collections specialist education

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

Collections Senior RepresentativeCollections Specialist
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 34%
Most common majorBusinessBusiness
Most common college--

Collections senior representative vs collections specialist demographics

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

Collections Senior RepresentativeCollections Specialist
Average age4646
Gender ratioMale, 37.3% Female, 62.7%Male, 30.5% Female, 69.5%
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, 12.2% Unknown, 4.1% Hispanic or Latino, 18.5% Asian, 3.7% White, 61.0% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between collections senior representative and collections 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.
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Collections specialist example responsibilities.

  • Manage university A/R processes and enforce tuition payment policy.
  • Manage accounts for healthcare clients, review detailed patient information for payment resolution while abiding HIPPA privacy and security regulations.
  • Review denied Medicare and Maine Medicaid insurance claims for accuracy.
  • Analyze hospital insurance claims of individual patients for errors and contact major insurance carriers for claims dispute resolution.
  • Analyze accounts for patients ineligible for private insurance, Medicare or Medicaid and indicating inability to pay balance.
  • Possess effective persuasion and negotiation skills, excellent interpersonal and communications skills with the ability to deliver quality customer service.
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Collections senior representative vs collections 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 collections specialist skills
  • Customer Service, 23%
  • Patients, 8%
  • Customer Accounts, 6%
  • Payment Arrangements, 5%
  • Delinquent Accounts, 4%
  • Phone Calls, 4%

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