Billing and Collections Analyst III Salary in the United States

FAQ about Billing and Collections Analyst III

1. What industry pays the highest salary for Billing and Collections Analyst III?

The Healthcare industry offers the highest average compensation for Billing and Collections Analyst III roles, with salaries approximately 40% above the market median.

2. How much do billers make in the US?

As of January 2025, Billing and Collections Analysts in the U.S. earn between $62,090 and $85,390 annually, with a median salary of $72,490. This reflects a range of approximately $29.87 to $41.00 per hour, depending on experience and location.

3. What does a collections analyst do?

A collections analyst is responsible for managing billing accounts and ensuring that individuals with outstanding debts make their payments. The salary for this role typically ranges from $62,090 to $85,390, with a midpoint of $72,490, reflecting the importance of effective debt recovery in maintaining financial health.

4. Do you need a degree to be a collections specialist?

An aspiring Collections Specialist should have some background in finance, though a formal degree beyond a high school diploma is not necessary. Two to three years of previous experience with a collections agency or similar work is preferred. Basic computer proficiency is a must, especially with Microsoft Office tools. The salary for this role ranges from $62,090 to $85,390, with a midpoint of $72,490.

5. How much does a collections analyst make?

A Billing and Collections Analyst typically earns between $62,090 and $85,390 annually, with a median salary of $72,490. While some states may offer lower average salaries, the overall compensation for this role reflects a competitive range based on experience and location.

6. What is the highest data analyst salary in us?

The highest salary for a Billing and Collections Analyst ranges from $62,090 to $85,390, with a midpoint of $72,490. While data analyst salaries can vary significantly by location, top-paying cities like San Jose, CA, report salaries around $118,235, showcasing the potential for higher earnings in specialized roles.

7. How much does a collection specialist make at One Main Financial?

The estimated total pay range for a Billing and Collections Analyst at OneMain Financial is approximately $62,090 to $85,390 annually. The average base salary for this position is around $72,490 per year.