Collector vs senior collector

The differences between collectors and senior collectors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a collector and a senior collector. Additionally, a senior collector has an average salary of $85,626, which is higher than the $34,872 average annual salary of a collector.

The top three skills for a collector include patients, customer service and payment arrangements. The most important skills for a senior collector are customer service, payment arrangements, and past due accounts.

Collector vs senior collector overview

	Collector	Senior Collector
Yearly salary	$34,872	$85,626
Hourly rate	$16.77	$41.17
Growth rate	-8%	-8%
Number of jobs	23,948	5,614
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 31%	Bachelor's Degree, 41%
Average age	46	46
Years of experience	12	12

Collector vs senior collector salary

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

	Collector	Senior Collector
Average salary	$34,872	$85,626
Salary range	Between $27,000 And $44,000	Between $50,000 And $145,000
Highest paying City	Los Angeles, CA	-
Highest paying state	Alaska	-
Best paying company	Uline	-
Best paying industry	Finance	-

Differences between collector and senior collector education

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

	Collector	Senior Collector
Most common degree	Bachelor's Degree, 31%	Bachelor's Degree, 41%
Most common major	Business	Business
Most common college	-	-

Collector vs senior collector demographics

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

	Collector	Senior Collector
Average age	46	46
Gender ratio	Male, 36.0% Female, 64.0%	Male, 40.1% Female, 59.9%
Race ratio	Black or African American, 12.1% Unknown, 4.1% Hispanic or Latino, 20.1% Asian, 3.8% White, 59.5% American Indian and Alaska Native, 0.5%	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 Percentage	8%	8%

Differences between collector and senior collector duties and responsibilities

Collector example responsibilities.

Manage patient focuse reports, collection modules, provider/facility A/R, collections, patient discharge letters.
Monitor all assign accounts by reviewing the client's aging, manage all potential bad debit, DSO, aging.
Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
Provide customer service via telephone and correspondence for patients and authorize representatives regarding outstanding patient accounts in accordance with facility protocol.
Verify and run eligibility on the following insurance, Medi-Cal, Medi-Cal HMO, Medicare, Medicare HMO.
Provide excellent customer service while following HIPPA confidentiality laws.

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.

Collector vs senior collector skills

Common collector skills

Patients, 14%
Customer Service, 10%
Payment Arrangements, 10%
Excellent Interpersonal, 9%
Delinquent Accounts, 8%
Student Loans, 5%

Common senior collector skills

Customer Service, 16%
Payment Arrangements, 13%
Past Due Accounts, 6%
Debt Repayment, 5%
Loss Mitigation, 5%
FDCPA, 4%