In this career summary, you will find out what the job of A New Accounts Clerk is about and what it is like.
After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.
New Accounts Clerks interview persons desiring to open accounts in financial institutions. Explain account services available to prospective customers and assist them in preparing applications.
- Answer customers’ questions, and explain available services such as deposit accounts, bonds, and securities.
- Compile information about new accounts, enter account information into computers, and file related forms or other documents.
- Inform customers of procedures for applying for services such as ATM cards, direct deposit of checks, and certificates of deposit.
- Perform teller duties as required.
$35820 per year
$17.22 an hour
New Accounts Clerks with little to no experience tend to make between $25860 and $29460 while the more experienced ones make over $40180 per year.
|Top 5 paying states||Hourly||Annual|
1 of the easiest ways to increase your salary as A New Accounts Clerk is to move to a higher paying state like DC. Right now, the highest paying states for New Accounts Clerks are DC, NJ, CT, DE and CA.
However a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be 2x higher than where you are currently at now.
3 other factors that can increase your salary as A New Accounts Clerk is the degree you hold, the industry you work in and lastly the company you work for (bigger companies like the Fortune 500 companies tend to pay more).
Recommended degree level
High School Diploma (or GED)
We asked other New Accounts Clerks what degree they had when they got the job and most of them said they had a High School Diploma followed by Some college courses.
Other than that we also asked them what did they major in and here are the most popular majors that came up.
Another popular question from our readers is what makes A New Accounts Clerk successful or would they be good in this career.
Well, we found that most successful New Accounts Clerks have these 5 skillsets.
In addition to that, 1 common characteristic among successful New Accounts Clerks is they are good at Integrity. Here are the top 5 common characteristics.
|Attention to Detail|
= Hot in-demand that most employers are looking for
Pros and Cons
Here are some reasons why you should and shouldn’t choose A New Accounts Clerk as your career.
|Suitable for people who likes to follow routines|
|Suitable for people who wants to work in a supportive work environment|
|This career is perfect for people who love to work indoors.|
|It is easy to get into this career. Some previous workrelated skill, knowledge, or experience is required for this career.|
|Not suitable for people who likes to work with designs|
|One of the lowest paying jobs|
|Demand for this career is declining|
There will be pros and cons for all jobs. The point is how much do the pros outweigh the cons to you.
A pro to you might be a con to Bob. A pro to Bob might be a con to you. We suggest reading about this career framework that can help you to find out what type of careers are right for you.
What is the job like
Is this job meaningful
Less than 40 hours per week
Regular (Set schedule and routine)
On a normal working week New Accounts Clerks work Less than 40 hours per week.
66% of New Accounts Clerks said they were satisfied with their job and 48% said they feel like their job is making other people’s lives better.
Is this right for me
Best personality for this career
The Organizers and The Persuaders
You can read more about these career personality types here.
People who are suitable for this job tends to like following set procedures and routines. They like working with data and details more than with ideas.
They also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.
How we can help
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They receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution’s various transactions.
They interact with customers to provide information in response to inquiries about products and services and to handle and resolve complaints.
They locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer’s account; preparing statements to credit department if customer fails to respond; initiating repossession proceedings or service disconnection; and keeping records of collection and status of accounts.
They process applications for, changes to, reinstatement of, and cancellation of insurance policies. Duties include reviewing insurance applications to ensure that all questions have been answered, compiling data on insurance policy changes, changing policy records to conform to insured party’s specifications, compiling data on lapsed insurance policies to determine automatic reinstatement according to company policies, canceling insurance policies as requested by agents, and verifying the accuracy of insurance company records.
They accommodate hotel, motel, and resort patrons by registering and assigning rooms to guests, issuing room keys or cards, transmitting and receiving messages, keeping records of occupied rooms and guests’ accounts, making and confirming reservations, and presenting statements to and collecting payments from departing guests.
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