Senior collector vs collections/accounts receivable

The differences between senior collectors and collections/accounts receivables 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 collector and a collections/accounts receivable. Additionally, a senior collector has an average salary of $85,626, which is higher than the $38,949 average annual salary of a collections/accounts receivable.

The top three skills for a senior collector include customer service, payment arrangements and past due accounts. The most important skills for a collections/accounts receivable are customer service, patients, and delinquent accounts.

Senior collector vs collections/accounts receivable overview

	Senior Collector	Collections/Accounts Receivable
Yearly salary	$85,626	$38,949
Hourly rate	$41.17	$18.73
Growth rate	-8%	-8%
Number of jobs	5,614	30,523
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 41%	Bachelor's Degree, 40%
Average age	46	46
Years of experience	12	12

Senior collector vs collections/accounts receivable salary

Senior collectors and collections/accounts receivables have different pay scales, as shown below.

	Senior Collector	Collections/Accounts Receivable
Average salary	$85,626	$38,949
Salary range	Between $50,000 And $145,000	Between $30,000 And $49,000
Highest paying City	-	Boston, MA
Highest paying state	-	Connecticut
Best paying company	-	Apollo Global Management
Best paying industry	-	Finance

Differences between senior collector and collections/accounts receivable education

There are a few differences between a senior collector and a collections/accounts receivable in terms of educational background:

	Senior Collector	Collections/Accounts Receivable
Most common degree	Bachelor's Degree, 41%	Bachelor's Degree, 40%
Most common major	Business	Business
Most common college	-	-

Senior collector vs collections/accounts receivable demographics

Here are the differences between senior collectors' and collections/accounts receivables' demographics:

	Senior Collector	Collections/Accounts Receivable
Average age	46	46
Gender ratio	Male, 40.1% Female, 59.9%	Male, 25.3% Female, 74.7%
Race ratio	Black or African American, 13.4% Unknown, 4.1% Hispanic or Latino, 20.9% Asian, 3.7% White, 57.4% American Indian and Alaska Native, 0.5%	Black or African American, 12.0% Unknown, 4.1% Hispanic or Latino, 20.1% Asian, 3.8% White, 59.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between senior collector and collections/accounts receivable duties and responsibilities

Senior collector example responsibilities.

Accomplish the above in compliance with HIPAA regulations.
Manage re-billings for third party accounts including: commercial carriers, manage care, PPO, POS and HMO organizations.
Record CPT codes and ICD-9 codes on billing forms.
Develop and pursue collection strategies to reduce the DSO.
Process credit cards, purchase cards, ACH payments.
Used the Medicaid web portal to check claim status and eligibility.

Collections/accounts receivable example responsibilities.

Plan and conduct sensitive HUMINT collection operations with an emphasis on managing and debriefing confidential sources.
Work accounts receivable for Medicaid verification and payments.
Work remittance advice from Medicaid ensuring accuracy of payments.
Research and obtain extensive knowledge of FDCPA debt recovery laws and assist in recovering commercial debt from organizations.
Communicate effectively with patients, physicians, hospital staff, and insurance representatives to ensure accuracy in claims processing.
Review claims to determine if process correctly and if necessary, direct patients to contact insurance companies regarding additional benefit questions.

Senior collector vs collections/accounts receivable skills

Common senior collector skills

Customer Service, 16%
Payment Arrangements, 13%
Past Due Accounts, 6%
Debt Repayment, 5%
Loss Mitigation, 5%
FDCPA, 4%

Common collections/accounts receivable skills

Customer Service, 21%
Patients, 6%
Delinquent Accounts, 5%
Credit Card Payments, 5%
Past Due Accounts, 5%
Customer Accounts, 5%

Senior Collector vs. similar jobs

Senior Collector related careers

Senior Collector related jobs

What similar roles do

Zippia Careers
Office and Administrative Industry
Senior Collector
Senior Collector vs Collections/Accounts Receivable

Updated January 8, 2025

Browse office and administrative jobs