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Title department manager vs collections manager

The differences between title department managers and collections managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a title department manager and a collections manager. Additionally, a title department manager has an average salary of $87,956, which is higher than the $59,529 average annual salary of a collections manager.

The top three skills for a title department manager include real estate, title commitments and customer issues. The most important skills for a collections manager are customer service, collection management, and portfolio.

Title department manager vs collections manager overview

Title Department ManagerCollections Manager
Yearly salary$87,956$59,529
Hourly rate$42.29$28.62
Growth rate17%17%
Number of jobs62,57844,553
Job satisfaction3-
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 51%
Average age4646
Years of experience88

Title department manager vs collections manager salary

Title department managers and collections managers have different pay scales, as shown below.

Title Department ManagerCollections Manager
Average salary$87,956$59,529
Salary rangeBetween $34,000 And $225,000Between $42,000 And $83,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Amazon
Best paying industry-Health Care

Differences between title department manager and collections manager education

There are a few differences between a title department manager and a collections manager in terms of educational background:

Title Department ManagerCollections Manager
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 51%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Title department manager vs collections manager demographics

Here are the differences between title department managers' and collections managers' demographics:

Title Department ManagerCollections Manager
Average age4646
Gender ratioMale, 38.4% Female, 61.6%Male, 50.8% Female, 49.2%
Race ratioBlack or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 7.3% White, 65.3% American Indian and Alaska Native, 0.3%Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.5% Asian, 7.3% White, 64.7% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between title department manager and collections manager duties and responsibilities

Title department manager example responsibilities.

  • Manage national and international POS system installations, including schedules, manpower requirements, and travel itineraries.
  • Assist in the development of escrow department and title departments.
  • Submit all paperwork to DMV's to have titles duplicate or correct.
  • Process and deliver all DMV relate documents for processing directly with the DMV.
  • Negotiate, review and authorize sales contracts, conveyance documents and settlement statements with prospective buyers.
  • Delegate simple curative issues to associates responsible for clearing all minor clouds prior to opening of escrow.
  • Show more

Collections manager example responsibilities.

  • Achieve 182 FTE save, and annual net saving of $2.8MM
  • Manage Medicaid accounts in effort to receive payment from them.
  • Manage self pay and Medicaid pending collections throughout the southeast region.
  • Organize the managed care effort to ensure that patients are not accept from incorrect PPO's and HMO's.
  • Create and implement new quantitative process to achieve corporate DSO targets that determines monthly cash collection targets by business unit.
  • Achieve historical low of six percent in A/R over 30 days past due and reduction of DSO to 53 days.
  • Show more

Title department manager vs collections manager skills

Common title department manager skills
  • Real Estate, 19%
  • Title Commitments, 10%
  • Customer Issues, 10%
  • Escrow, 9%
  • Title Searches, 7%
  • Closings, 6%
Common collections manager skills
  • Customer Service, 15%
  • Collection Management, 9%
  • Portfolio, 7%
  • FDCPA, 5%
  • Delinquent Accounts, 4%
  • Credit Card, 4%

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