Collector lead vs collections/accounts receivable

The differences between collector leads 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 collector lead and a collections/accounts receivable. Additionally, a collector lead has an average salary of $99,625, which is higher than the $38,949 average annual salary of a collections/accounts receivable.

The top three skills for a collector lead include customer service, collection calls and payment arrangements. The most important skills for a collections/accounts receivable are customer service, patients, and delinquent accounts.

Collector lead vs collections/accounts receivable overview

	Collector Lead	Collections/Accounts Receivable
Yearly salary	$99,625	$38,949
Hourly rate	$47.90	$18.73
Growth rate	-8%	-8%
Number of jobs	6,919	30,523
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 39%	Bachelor's Degree, 40%
Average age	46	46
Years of experience	12	12

Collector lead vs collections/accounts receivable salary

Collector leads and collections/accounts receivables have different pay scales, as shown below.

	Collector Lead	Collections/Accounts Receivable
Average salary	$99,625	$38,949
Salary range	Between $63,000 And $155,000	Between $30,000 And $49,000
Highest paying City	San Francisco, CA	Boston, MA
Highest paying state	Connecticut	Connecticut
Best paying company	Accenture	Apollo Global Management
Best paying industry	-	Finance

Differences between collector lead and collections/accounts receivable education

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

	Collector Lead	Collections/Accounts Receivable
Most common degree	Bachelor's Degree, 39%	Bachelor's Degree, 40%
Most common major	Business	Business
Most common college	-	-

Collector lead vs collections/accounts receivable demographics

Here are the differences between collector leads' and collections/accounts receivables' demographics:

	Collector Lead	Collections/Accounts Receivable
Average age	46	46
Gender ratio	Male, 40.5% Female, 59.5%	Male, 25.3% Female, 74.7%
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, 12.0% Unknown, 4.1% Hispanic or Latino, 20.1% Asian, 3.8% White, 59.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between collector lead and collections/accounts receivable 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.

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.

Collector lead vs collections/accounts receivable 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 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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Collector Lead
Collector Lead vs Collections/Accounts Receivable

Updated January 8, 2025

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