Installment agent vs data collector

The differences between installment agents and data collectors 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 a data collector. Additionally, a data collector has an average salary of $35,626, 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 a data collector are audit type, grocery store, and retail store.

Installment agent vs data collector overview

	Installment Agent	Data Collector
Yearly salary	$26,430	$35,626
Hourly rate	$12.71	$17.13
Growth rate	-8%	-8%
Number of jobs	26,460	80,812
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 41%	Bachelor's Degree, 51%
Average age	46	46
Years of experience	12	12

Installment agent vs data collector salary

Installment agents and data collectors have different pay scales, as shown below.

	Installment Agent	Data Collector
Average salary	$26,430	$35,626
Salary range	Between $10,000 And $68,000	Between $31,000 And $40,000
Highest paying City	-	Washington, DC
Highest paying state	-	California
Best paying company	-	EDC
Best paying industry	-	Government

Differences between installment agent and data collector education

There are a few differences between an installment agent and a data collector in terms of educational background:

	Installment Agent	Data Collector
Most common degree	Bachelor's Degree, 41%	Bachelor's Degree, 51%
Most common major	Business	Business
Most common college	-	-

Installment agent vs data collector demographics

Here are the differences between installment agents' and data collectors' demographics:

	Installment Agent	Data Collector
Average age	46	46
Gender ratio	Male, 58.8% Female, 41.2%	Male, 40.6% Female, 59.4%
Race ratio	Black 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, 13.8% Unknown, 4.1% Hispanic or Latino, 20.5% Asian, 3.7% White, 57.3% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between installment agent and data collector 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.

Data collector example responsibilities.

Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
Collect from all insurances (HMO, PPO, and MEDICARE).
Attend trainings and abide by HIPAA regulations.
Collect from insurance companies (PPO and Medicare).
Execute database queries in SQL in response to client requests.
Collect pricing information in grocery, office, pet and mass retailers

Installment agent vs data collector skills

Common installment agent skills

Customer Service, 33%
Windows, 24%
Troubleshoot, 14%
Inbound Calls, 10%
Outbound Calls, 10%
Linux, 9%

Common data collector skills

Audit Type, 31%
Grocery Store, 17%
Retail Store, 16%
UPC, 10%
PET, 8%
Inter-Rater Reliability, 2%