Collector lead vs bill collector

The differences between collector leads and bill 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 lead and a bill collector. Additionally, a collector lead has an average salary of $99,625, which is higher than the $35,585 average annual salary of a bill collector.

The top three skills for a collector lead include customer service, collection calls and payment arrangements. The most important skills for a bill collector are patients, customer service, and medicaid.

Collector lead vs bill collector overview

	Collector Lead	Bill Collector
Yearly salary	$99,625	$35,585
Hourly rate	$47.90	$17.11
Growth rate	-8%	-8%
Number of jobs	6,919	23,746
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 39%	High School Diploma, 27%
Average age	46	46
Years of experience	12	12

Collector lead vs bill collector salary

Collector leads and bill collectors have different pay scales, as shown below.

	Collector Lead	Bill Collector
Average salary	$99,625	$35,585
Salary range	Between $63,000 And $155,000	Between $30,000 And $40,000
Highest paying City	San Francisco, CA	Pittsfield, MA
Highest paying state	Connecticut	Virginia
Best paying company	Accenture	Retina Group Of Washington
Best paying industry	-	Finance

Differences between collector lead and bill collector education

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

	Collector Lead	Bill Collector
Most common degree	Bachelor's Degree, 39%	High School Diploma, 27%
Most common major	Business	Business
Most common college	-	-

Collector lead vs bill collector demographics

Here are the differences between collector leads' and bill collectors' demographics:

	Collector Lead	Bill Collector
Average age	46	46
Gender ratio	Male, 40.5% Female, 59.5%	Male, 20.0% Female, 80.0%
Race ratio	Black 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, 11.8% Unknown, 4.0% Hispanic or Latino, 24.0% Asian, 3.5% White, 56.3% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between collector lead and bill collector 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.

Bill collector example responsibilities.

Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
Follow HIPPA and FDCPA guidelines to ensure legal collection practices are utilized.
Bill and collect all skil Medicare, and other insurance claims which include HMO claims denials.
Provide patients with information and resources essential to their financial needs including payment arrangements and account reminders.
Take payments by ACH and debit cards.
Collect A/R payments from medical insurance companies and customers.

Collector lead vs bill collector 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 bill collector skills

Patients, 19%
Customer Service, 7%
Medicaid, 6%
Medical Billing, 4%
Patient Accounts, 4%
Appeals, 4%