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Collector lead vs account representative

The differences between collector leads and account representatives 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 lead and an account representative. Additionally, a collector lead has an average salary of $99,625, which is higher than the $36,977 average annual salary of an account representative.

The top three skills for a collector lead include customer service, collection calls and payment arrangements. The most important skills for an account representative are customer service, patients, and patient accounts.

Collector lead vs account representative overview

Collector LeadAccount Representative
Yearly salary$99,625$36,977
Hourly rate$47.90$17.78
Growth rate-8%-8%
Number of jobs6,919183,446
Job satisfaction--
Most common degreeBachelor's Degree, 39%Bachelor's Degree, 52%
Average age4646
Years of experience1212

Collector lead vs account representative salary

Collector leads and account representatives have different pay scales, as shown below.

Collector LeadAccount Representative
Average salary$99,625$36,977
Salary rangeBetween $63,000 And $155,000Between $26,000 And $51,000
Highest paying CitySan Francisco, CALos Angeles, CA
Highest paying stateConnecticutCalifornia
Best paying companyAccentureNew Relic
Best paying industry-Finance

Differences between collector lead and account representative education

There are a few differences between a collector lead and an account representative in terms of educational background:

Collector LeadAccount Representative
Most common degreeBachelor's Degree, 39%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common college--

Collector lead vs account representative demographics

Here are the differences between collector leads' and account representatives' demographics:

Collector LeadAccount Representative
Average age4646
Gender ratioMale, 40.5% Female, 59.5%Male, 33.6% Female, 66.4%
Race ratioBlack or African American, 11.7% Unknown, 4.1% Hispanic or Latino, 21.2% Asian, 3.7% White, 58.8% American Indian and Alaska Native, 0.5%Black or African American, 12.5% Unknown, 4.2% Hispanic or Latino, 17.3% Asian, 3.9% White, 61.6% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between collector lead and account representative duties and responsibilities

Collector lead example responsibilities.

  • Manage re-billings for third party accounts including: commercial carriers, manage care, PPO, POS and HMO organizations.
  • Assist department manager in hiring & training new team members on company expectations & FDCPA laws.
  • Exceed monthly goals set by the client while following all guidelines with state laws and FDCPA.
  • Complete monthly A/R account reconciliations with minimal reconciling items requiring resolution.
  • Coordinate monthly inter-company A/R position with multiple operating units around the world.
  • Utilize communication and negotiation skills to understand the customer s specific situation and assist them with determining the best repayment solution.
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Account representative example responsibilities.

  • Manage all billing accounts including Medicare/Medicaid, HMO and individual accounts.
  • Manage the daily correspondence from assign practices with keeping doctor/patient confidentiality under consideration along with HIPPA regulations.
  • Manage and maintain an internal database system to generate reports and produce accurate account information for patients and insurance companies.
  • Educate physicians to use current ICD-9 diagnostic coding and preparation to begin ICD-10 coding requirements.
  • Analyze health care insurance/litigation patient account files to resolve outstanding and delinquent accounts due to the healthcare client.
  • Promote ThermoCool SmartTouch ablation catheter device to electrophysiologists.
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Collector lead vs account representative skills

Common collector lead skills
  • Customer Service, 16%
  • Collection Calls, 9%
  • Payment Arrangements, 7%
  • Credit Card Accounts, 6%
  • Delinquent Accounts, 6%
  • Outbound Calls, 5%
Common account representative skills
  • Customer Service, 21%
  • Patients, 18%
  • Patient Accounts, 5%
  • Data Entry, 3%
  • Medicaid, 3%
  • Customer Satisfaction, 3%

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