Billing and Collections Analyst IV Salary in the United States

FAQ about Billing and Collections Analyst IV

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

The Aerospace & Defense industry offers the highest average compensation for Billing and Collections Analyst IV roles, with salaries approximately 20% above the market median.

2. How much does a collection analyst make?

A Billing and Collections Analyst typically earns between $64,990 and $104,690 annually, with a median salary of $82,490. Salaries can vary significantly based on location and experience. For instance, cities like San Francisco and Santa Clara offer competitive salaries, but they may still fall below the median range for this role.

3. Why do I want to work in collections?

I want to work in collections because it allows me to assist both businesses and consumers. By recovering owed funds, I help businesses maintain their financial health, while also providing consumers with solutions to their financial challenges. With a salary range of $64,990 to $104,690, this role offers a rewarding career both personally and financially.

4. Is collections a stressful job?

Collections can indeed be a high-pressure job. You're often chasing payments and navigating challenging situations, which can lead to stress. However, the role of a Billing and Collections Analyst offers a competitive salary range, with a minimum of $64,990, a mid-range of $82,490, and a maximum of $104,690, which can help offset some of the stress associated with the job.

5. 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 $64,990 to $104,690, with a median salary of $82,490, reflecting the importance of effective debt recovery in financial operations.

6. 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 $64,990 to $104,690 annually. The average base salary for this role is around $82,490 per year.

7. How much do billing analysts make in the US?

As of now, Billing and Collections Analysts in the United States earn between $64,990 and $104,690 annually, with a median salary of $82,490. This translates to approximately $31.19 to $50.34 per hour, or $5,416 to $8,724 per month, depending on experience and location.