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The differences between senior collection specialists and account representatives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a senior collection specialist and an account representative. Additionally, a senior collection specialist has an average salary of $45,150, which is higher than the $36,977 average annual salary of an account representative.
The top three skills for a senior collection specialist include portfolio, customer service and past due accounts. The most important skills for an account representative are customer service, patients, and patient accounts.
| Senior Collection Specialist | Account Representative | |
| Yearly salary | $45,150 | $36,977 |
| Hourly rate | $21.71 | $17.78 |
| Growth rate | -8% | -8% |
| Number of jobs | 31,192 | 183,446 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 52% |
| Average age | 46 | 46 |
| Years of experience | 12 | 12 |
Senior collection specialists lead others by distributing and balancing workload, providing on-the-job training, and demonstrating proper work methods to employees. The specialists determine the most effective and economical means of collecting for each account, compose correspondence requiring knowledge procedure and practices in the collection, and apply standard due diligence practice to collect monies owed. They should have work leadership, know how to gather data, and analyze financial information for decision-making purposes. Also, they apply payments received to proper accounts and make necessary adjustments or corrections.
Account representatives are employees who manage client accounts and act as the main contact of the clients they are handling. They maintain existing accounts by updating client details regularly. They also check up on clients to see if they are still satisfied with the products or services of the company. They also create new accounts by welcoming new clients and assisting them in their needs. Account representatives manage client inquiries and process client requests. They also address complaints and ensure that any challenges are mitigated and that clients remain with the company.
Senior collection specialists and account representatives have different pay scales, as shown below.
| Senior Collection Specialist | Account Representative | |
| Average salary | $45,150 | $36,977 |
| Salary range | Between $33,000 And $61,000 | Between $26,000 And $51,000 |
| Highest paying City | Hartford, CT | Los Angeles, CA |
| Highest paying state | Connecticut | California |
| Best paying company | JPMorgan Chase & Co. | New Relic |
| Best paying industry | Health Care | Finance |
There are a few differences between a senior collection specialist and an account representative in terms of educational background:
| Senior Collection Specialist | Account Representative | |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between senior collection specialists' and account representatives' demographics:
| Senior Collection Specialist | Account Representative | |
| Average age | 46 | 46 |
| Gender ratio | Male, 40.4% Female, 59.6% | Male, 33.6% Female, 66.4% |
| Race ratio | Black or African American, 12.3% Unknown, 4.0% Hispanic or Latino, 20.9% Asian, 3.5% White, 58.8% American Indian and Alaska Native, 0.5% | Black or African American, 12.5% Unknown, 4.2% Hispanic or Latino, 17.3% Asian, 3.9% White, 61.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |