Avg. Salary
$17.00
Avg. Hourly Rate
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The average pay for a Collections Specialist is $17.00 per hour.

The average pay for a Collections Specialist is {{pay}} per year.

$15
10%
$17
50%
$19
90%
MEDIAN $17
$0
10%
$0
50%
$0
90%
MEDIAN $0

Job Description for Collections Specialist

Typically, a collections specialist is an individual that specializes in the collection of debt owed to their organization. They use a variety of means to contact individuals who have defaulted on debts and/or who have not paid past-due bills. Collections specialists usually work in a call center with other collections specialists, although they may telecommute from a remote location such as a home office.

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Collections Specialist Tasks

  • Make collection and billing calls to reduce the lost assets of a company and delinquent payments.
  • Monitor and maintain assigned accounts through follow up and possibly implement alternative payment options.

Collections Specialist Job Listings

Conifer Health Solutions Advice

Q: What do you wish you knew about your job when you first started out?

Collections Specialist in New York:
"Superior multi-national communication skills."
To be culturally open minded, have street awareness and totally accurate financial accountability.

Collections Specialist in Orlando:
"Ch2M."
Pros: Benefits overtime interactions with people.
Cons: Lack of fairness.

Collections Specialist in Round Rock:
"Stressful."
Pros: I enjoy doing what I do. I work with great people. I work for great people. I have fun at my job.
Cons: I don't get paid enough for all the work I do and everything I have taken on in a new role/ new position.

Collections Specialist in Hartsville:
"Business Development Rep."
Pros: Ease of living in the city, and the sense of community at the workplace.
Cons: Limited development, red tape requirements for advancement.

Collections Specialist in Alexandria:
"It's interesting."
Pros: The challenges of trying to get claims paid.
Cons: The denial process of claims, due to insurance companies thinking procedures are not necessary.

Collections Specialist in Mendota Heights:
"Work Flexibility, office conditions, stress level, and hours."
Pros: Hours/Flexibility.
Cons: Payscale/no bonuses.

Collections Specialist in Fairfax:
"Explain to patients, insrance benefits, diffrent type of pro."
LISTEN !!!, to the consumer, satisfy their concerns with knowledge. Do not shut the door on yourself. Be patient and don't take anything personally.

Key Stats for Collections Specialist

Gender

Female
80 %
Male
20 %
1-4 years
33%
10-19 years
67%

Gender

Female
80 %
Male
20 %

Years of Experience

1-4 years
33%
10-19 years
67%

Common Health Benefits

medical benefits
Medical: 100%
dental benefits
Dental: 100%
vision benefits
Vision: 83%
no benefits
None: