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Collector of internal revenue vs collection team lead

The differences between collectors of internal revenue and collection team leads 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 of internal revenue and a collection team lead. Additionally, a collection team lead has an average salary of $68,868, which is higher than the $36,264 average annual salary of a collector of internal revenue.

The top three skills for a collector of internal revenue include payment arrangements, legal guidelines and due payments. The most important skills for a collection team lead are customer service, credit card, and delinquent accounts.

Collector of internal revenue vs collection team lead overview

Collector Of Internal RevenueCollection Team Lead
Yearly salary$36,264$68,868
Hourly rate$17.43$33.11
Growth rate-8%-8%
Number of jobs13,93529,386
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 45%
Average age4646
Years of experience1212

Collector of internal revenue vs collection team lead salary

Collectors of internal revenue and collection team leads have different pay scales, as shown below.

Collector Of Internal RevenueCollection Team Lead
Average salary$36,264$68,868
Salary rangeBetween $29,000 And $45,000Between $48,000 And $98,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between collector of internal revenue and collection team lead education

There are a few differences between a collector of internal revenue and a collection team lead in terms of educational background:

Collector Of Internal RevenueCollection Team Lead
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 45%
Most common majorBusinessBusiness
Most common college--

Collector of internal revenue vs collection team lead demographics

Here are the differences between collectors of internal revenue' and collection team leads' demographics:

Collector Of Internal RevenueCollection Team Lead
Average age4646
Gender ratioMale, 42.4% Female, 57.6%Male, 42.9% Female, 57.1%
Race ratioBlack or African American, 14.8% Unknown, 3.5% Hispanic or Latino, 16.7% Asian, 2.6% White, 61.9% American Indian and Alaska Native, 0.5%Black or African American, 13.0% Unknown, 4.0% Hispanic or Latino, 18.9% Asian, 3.6% White, 59.9% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between collector of internal revenue and collection team lead duties and responsibilities

Collector of internal revenue example responsibilities.

  • Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
  • Disconnect and restore cable services.
  • Follow strict guidelines incorporate by FDCPA.
  • Integrate FDCPA regulations and guidelines in every call.
  • Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
  • Secure modification documents including HAMP and bank require documents.

Collection team lead example responsibilities.

  • Manage re-billings for third party accounts including: commercial carriers, manage care, PPO, POS and HMO organizations.
  • Receive and distribute ACH forms receive form all lots.
  • Assist consumers in money and behavior managements and ensures HIPAA compliance
  • Collect monies from Medicaid, Medicare, VA and various other third party payers.
  • Perform insurance follow up on account receivables of Medicare, Medicaid and private health insurance claims to expedite claim reimbursement.
  • Negotiate payments resolutions for delinquent customers to become current while using professionalism, and adhering to all applicable FDCPA collection laws.
  • Show more

Collector of internal revenue vs collection team lead skills

Common collector of internal revenue skills
  • Payment Arrangements, 44%
  • Legal Guidelines, 33%
  • Due Payments, 19%
  • Past Due Accounts, 5%
Common collection team lead skills
  • Customer Service, 14%
  • Credit Card, 7%
  • Delinquent Accounts, 6%
  • Payment Arrangements, 6%
  • FDCPA, 4%
  • Debt Repayment, 4%

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