Registration representative vs registered representative

The differences between registration representatives and registered representatives can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a registration representative, becoming a registered representative takes usually requires 4-6 years. Additionally, a registered representative has an average salary of $54,074, which is higher than the $34,021 average annual salary of a registration representative.

The top three skills for a registration representative include patients, medical terminology and patient care. The most important skills for a registered representative are financial services, financial products, and securities.

Registration representative vs registered representative overview

	Registration Representative	Registered Representative
Yearly salary	$34,021	$54,074
Hourly rate	$16.36	$26.00
Growth rate	-4%	10%
Number of jobs	118,803	17,622
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 35%	Bachelor's Degree, 80%
Average age	40	43
Years of experience	4	6

What does a registration representative do?

In medical facilities, a registration representative serves as the patients' first point of contact in clinics and hospitals. They primarily greet patients, identify their needs, gather personal and medical information, and assist them in filling out forms. They must also handle admission and discharge procedures, process payments, arrange payment plans, and collect insurance information. Furthermore, as a registered representative, it is essential to maintain an active communication line with staff for a smooth and efficient workflow.

What does a registered representative do?

A registered representative's job involves researching market conditions, liaising with potential clients, implementing advertising campaigns, cultivating personal contacts, and creating investment plans. Their duties and responsibilities include soliciting business from potential clients and selling financial products and services to clients for investment purposes.

Registration representative vs registered representative salary

Registration representatives and registered representatives have different pay scales, as shown below.

	Registration Representative	Registered Representative
Average salary	$34,021	$54,074
Salary range	Between $26,000 And $42,000	Between $33,000 And $88,000
Highest paying City	Boston, MA	New York, NY
Highest paying state	Massachusetts	New York
Best paying company	UMass Memorial Health	New York Life Insurance
Best paying industry	Health Care	Finance

Differences between registration representative and registered representative education

There are a few differences between a registration representative and a registered representative in terms of educational background:

	Registration Representative	Registered Representative
Most common degree	Bachelor's Degree, 35%	Bachelor's Degree, 80%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Registration representative vs registered representative demographics

Here are the differences between registration representatives' and registered representatives' demographics:

	Registration Representative	Registered Representative
Average age	40	43
Gender ratio	Male, 13.9% Female, 86.1%	Male, 77.4% Female, 22.6%
Race ratio	Black or African American, 11.6% Unknown, 4.9% Hispanic or Latino, 21.3% Asian, 6.4% White, 55.2% American Indian and Alaska Native, 0.6%	Black or African American, 5.8% Unknown, 4.2% Hispanic or Latino, 12.3% Asian, 10.3% White, 67.2% American Indian and Alaska Native, 0.2%
LGBT Percentage	7%	6%

Differences between registration representative and registered representative duties and responsibilities

Registration representative example responsibilities.

Work with third party payer requirements including Medicare, Medicaid (AHCCCS), manage care plans, and commercial plans.
Manage and update demographic and insurance information, including authorizations and referrals, while demonstrating HIPPA confidentiality regulations.
Verify eligibility and insurance benefits for patients, including Medicare, Medicaid, private insurance and workers' compensation.
Maintain patient privacy in accordance with HIPAA with a high level of professionalism, compassion, productivity, and accuracy.
Maintain proficient level of knowledge regarding Medicare requirements, HIPAA compliance and reimbursement criteria.
Complete registration process for inpatients, outpatients, and emergency patients accurately and efficiently in accordance with policies and procedures.

Registered representative example responsibilities.

Manage variable and fix immediate and defer annuities for wealth accumulation.
Develop knowledge of complex financial instruments and successfully communicate strategies for utilizing various securities in achieving client financial objectives.
Manage and strengthen customer relationships through cross-selling and up-selling to maximize retention and income generation by contacting existing and prospective customers.
Intern at the NYSE with the M/S floor trader.
Provide due diligence for IPO of small cap.
Assist companies with development and sale of initial public offering (IPO).

Registration representative vs registered representative skills

Common registration representative skills

Patients, 25%
Medical Terminology, 10%
Patient Care, 6%
Customer Service, 6%
Health Insurance, 5%
Patient Registration, 4%

Common registered representative skills

Financial Services, 25%
Financial Products, 14%
Securities, 6%
Annuities, 4%
Long-Term Care, 4%
Health Insurance, 3%

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Office and Administrative Industry
Registration Representative
Registration Representative vs Registered Representative

Updated January 8, 2025

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