Post job

Installment agent vs accounts receivable analyst

The differences between installment agents and accounts receivable analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both an installment agent and an accounts receivable analyst. Additionally, an accounts receivable analyst has an average salary of $43,692, which is higher than the $26,430 average annual salary of an installment agent.

The top three skills for an installment agent include customer service, windows and troubleshoot. The most important skills for an accounts receivable analyst are customer service, reconciliations, and customer accounts.

Installment agent vs accounts receivable analyst overview

Installment AgentAccounts Receivable Analyst
Yearly salary$26,430$43,692
Hourly rate$12.71$21.01
Growth rate-8%-8%
Number of jobs26,46026,558
Job satisfaction--
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 61%
Average age4646
Years of experience1212

Installment agent vs accounts receivable analyst salary

Installment agents and accounts receivable analysts have different pay scales, as shown below.

Installment AgentAccounts Receivable Analyst
Average salary$26,430$43,692
Salary rangeBetween $10,000 And $68,000Between $33,000 And $57,000
Highest paying City-Arlington, VA
Highest paying state-Connecticut
Best paying company-Pacific Investment Management Company LLC
Best paying industry-Hospitality

Differences between installment agent and accounts receivable analyst education

There are a few differences between an installment agent and an accounts receivable analyst in terms of educational background:

Installment AgentAccounts Receivable Analyst
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common college--

Installment agent vs accounts receivable analyst demographics

Here are the differences between installment agents' and accounts receivable analysts' demographics:

Installment AgentAccounts Receivable Analyst
Average age4646
Gender ratioMale, 58.8% Female, 41.2%Male, 29.4% Female, 70.6%
Race ratioBlack or African American, 14.1% Unknown, 4.3% Hispanic or Latino, 18.6% Asian, 4.0% White, 58.5% American Indian and Alaska Native, 0.5%Black or African American, 14.2% Unknown, 4.0% Hispanic or Latino, 18.7% Asian, 3.5% White, 59.1% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between installment agent and accounts receivable analyst duties and responsibilities

Installment agent example responsibilities.

  • Answer eligibility and coverage questions from insurance agents pertaining to Medicare advantage plans and prescription drug plans.
  • Book reservations verify availability and reconfirm accommodations.
  • Upgrade, troubleshot, repair, and setup computers in store.
  • Identify & troubleshot in-home network issues, virus/spyware removal, perform PC installations & repairs.
  • Follow and maintain QA guidelines while documenting the customers questions with the appropriate escalations need.
  • Handle supervisor escalations and agent QA monitoring.
  • Show more

Accounts receivable analyst example responsibilities.

  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Perform and analyze all accounts receivable duties, including proper application of cash, check, ACH, and wire transactions.
  • Forecast estimate check clearing, deposits, ACH activities and other variables in order to set guidelines for daily cash position.
  • Verify benefits and eligibility for new patients.
  • Determine medical benefits base on contractual agreements assuring benefits are applied correctly for patients during claims processing.
  • Code invoices, research customer information, perform detail reconciliations, analyze exceptions with customer information and billing.
  • Show more

Installment agent vs accounts receivable analyst skills

Common installment agent skills
  • Customer Service, 33%
  • Windows, 24%
  • Troubleshoot, 14%
  • Inbound Calls, 10%
  • Outbound Calls, 10%
  • Linux, 9%
Common accounts receivable analyst skills
  • Customer Service, 13%
  • Reconciliations, 8%
  • Customer Accounts, 7%
  • Pivot Tables, 4%
  • Patients, 4%
  • Financial Reports, 4%

Browse office and administrative jobs