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Telephone collector vs collection team lead

The differences between telephone collectors and collection team leads can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a telephone collector and a collection team lead. Additionally, a collection team lead has an average salary of $68,868, which is higher than the $35,823 average annual salary of a telephone collector.

The top three skills for a telephone collector include customer service, telephone calls and FDCPA. The most important skills for a collection team lead are customer service, credit card, and delinquent accounts.

Telephone collector vs collection team lead overview

Telephone CollectorCollection Team Lead
Yearly salary$35,823$68,868
Hourly rate$17.22$33.11
Growth rate-8%-8%
Number of jobs3,76229,386
Job satisfaction--
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 45%
Average age4646
Years of experience1212

Telephone collector vs collection team lead salary

Telephone collectors and collection team leads have different pay scales, as shown below.

Telephone CollectorCollection Team Lead
Average salary$35,823$68,868
Salary rangeBetween $30,000 And $41,000Between $48,000 And $98,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between telephone collector and collection team lead education

There are a few differences between a telephone collector and a collection team lead in terms of educational background:

Telephone CollectorCollection Team Lead
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 45%
Most common majorBusinessBusiness
Most common college--

Telephone collector vs collection team lead demographics

Here are the differences between telephone collectors' and collection team leads' demographics:

Telephone CollectorCollection Team Lead
Average age4646
Gender ratioMale, 35.4% Female, 64.6%Male, 42.9% Female, 57.1%
Race ratioBlack or African American, 11.1% Unknown, 4.1% Hispanic or Latino, 17.2% Asian, 3.8% White, 63.3% American Indian and Alaska Native, 0.5%Black or African American, 13.0% Unknown, 4.0% Hispanic or Latino, 18.9% Asian, 3.6% White, 59.9% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between telephone collector and collection team lead duties and responsibilities

Telephone collector example responsibilities.

  • Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
  • Comply with all state and federal regulations (ACA & FDCPA).
  • Contact debtor's attorneys to discuss debtor's intentions throughout bankruptcy process.
  • Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
  • Arrange collection of collateral or retention agreements with debtors post bankruptcy.
  • Utilize various skip-tracing services such as Accurint and TheWorkNumber in order to locate consumers and verify employment for account recovery purposes.

Collection team lead example responsibilities.

  • Manage re-billings for third party accounts including: commercial carriers, manage care, PPO, POS and HMO organizations.
  • Receive and distribute ACH forms receive form all lots.
  • Assist consumers in money and behavior managements and ensures HIPAA compliance
  • Collect monies from Medicaid, Medicare, VA and various other third party payers.
  • Perform insurance follow up on account receivables of Medicare, Medicaid and private health insurance claims to expedite claim reimbursement.
  • Negotiate payments resolutions for delinquent customers to become current while using professionalism, and adhering to all applicable FDCPA collection laws.
  • Show more

Telephone collector vs collection team lead skills

Common telephone collector skills
  • Customer Service, 43%
  • Telephone Calls, 23%
  • FDCPA, 10%
  • Past Due Accounts, 10%
  • Debtor, 8%
  • Computer System, 8%
Common collection team lead skills
  • Customer Service, 14%
  • Credit Card, 7%
  • Delinquent Accounts, 6%
  • Payment Arrangements, 6%
  • FDCPA, 4%
  • Debt Repayment, 4%

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