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The differences between participant service representatives and finance service representatives can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-12 months to become a participant service representative, becoming a finance service representative takes usually requires 2-4 years. Additionally, a finance service representative has an average salary of $38,361, which is higher than the $32,368 average annual salary of a participant service representative.
The top three skills for a participant service representative include quality customer service, inbound calls and outbound calls. The most important skills for a finance service representative are financial services, patients, and team-oriented environment.
| Participant Service Representative | Finance Service Representative | |
| Yearly salary | $32,368 | $38,361 |
| Hourly rate | $15.56 | $18.44 |
| Growth rate | -4% | 10% |
| Number of jobs | 114,730 | 220,519 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 60% |
| Average age | 40 | 43 |
| Years of experience | 12 | 4 |
Participant service representatives and finance service representatives have different pay scales, as shown below.
| Participant Service Representative | Finance Service Representative | |
| Average salary | $32,368 | $38,361 |
| Salary range | Between $26,000 And $38,000 | Between $25,000 And $58,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New York |
| Best paying company | - | Bloomberg |
| Best paying industry | - | Government |
There are a few differences between a participant service representative and a finance service representative in terms of educational background:
| Participant Service Representative | Finance Service Representative | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | - | University of Pennsylvania |
Here are the differences between participant service representatives' and finance service representatives' demographics:
| Participant Service Representative | Finance Service Representative | |
| Average age | 40 | 43 |
| Gender ratio | Male, 41.1% Female, 58.9% | Male, 41.2% Female, 58.8% |
| Race ratio | Black or African American, 11.0% Unknown, 5.1% Hispanic or Latino, 19.5% Asian, 7.1% White, 56.7% American Indian and Alaska Native, 0.6% | Black or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 11.9% Asian, 10.1% White, 67.9% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 6% |