A person working as a Collections Specialist in will on average earn $33435 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $33,435.00 |
| Weekly salary | $642.98 |
| Daily salary | $91.60 |
| Hourly salary | $11.45 |
This means collections specialist salary is below average!
Job Industry: finance
Description: A collections specialist is responsible for managing and collecting outstanding debts from customers or clients. They work in various industries, including finance, healthcare, and retail, ensuring that overdue payments are recovered efficiently and effectively. The main duties of a collections specialist include contacting debtors to negotiate payment plans, investigating delinquent accounts, updating account information, and maintaining accurate records of collection activities. They must possess strong communication and negotiation skills to handle difficult situations and have a thorough understanding of relevant laws and regulations.
Tagged with: Collections Specialist, Debt Collection, Account Receivables, Negotiation Skills, Financial Recovery, Delinquent Accounts.