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A financial services company in Columbia is seeking a candidate with a background in the legal industry for a Legal Collections Agent. The ideal candidate will have experience in bankruptcy processing and collections as well as a strong attention to detail.
Responsibilities:
· Conduct extensive research through various resources to assess the collectability of each contract.
· Work diligently with a nationwide network of attorneys to pursue collection remedies
· Negotiate repayment terms, within approval authority guidelines
· Accountable for minimizing costs, while maximizing recoveries or reducing losses
· Responsible for updating contract statuses monthly
· Bankruptcy knowledge is a plus
· Perform other related duties as assigned by management
Qualifications:
· 1 – 2 years of legal collections experience
· Strong Bankruptcy knowledge
· Basic math and finance skills
· Proficient with Microsoft Excel
· Organized and accountable
Compensation & Benefits:
· $47,000 - $53,000
· Medical Benefits
· PTO
· ST/LT Disability Insurance
· 401(k)
#staffing
Job Type: Full-time
Pay: $47,000.00 - $53,000.00 per year
Benefits:
Weekly day range:
Work setting:
Experience:
Ability to Relocate:
Work Location: In person
Full Time
Business Services
$37k-46k (estimate)
04/17/2024
08/13/2024
fgp.com
LITHIA, FL
25 - 50
1982
Private
JUSTIN FOLEY
$10M - $50M
Business Services
FGP provides executive search, professional staffing, IT staffing, HR consulting and outplacement services.
The job skills required for Collection Agent include Life Insurance, Microsoft Excel, Bankruptcy, Financial Services, etc. Having related job skills and expertise will give you an advantage when applying to be a Collection Agent. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Collection Agent. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Collection Agent positions, which can be used as a reference in future career path planning. As a Collection Agent, it can be promoted into senior positions as a Collections Representative III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Collection Agent. You can explore the career advancement for a Collection Agent below and select your interested title to get hiring information.
If you are interested in becoming a Collection Agent, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Collection Agent for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Collection Agent job description and responsibilities
Accomplished collection agents will mitigate financial losses by developing and enacting manageable debt recovery plans.
02/13/2022: Phoenix, AZ
Collections agents also work closely with accounts receivable, sales, and legal departments to develop strategies for collecting on delinquent accounts and determine when further actions are necessary.
03/14/2022: Gary, IN
Alternatively, collections agents may need to negotiate for a settlement so that the agency receives payment on a certain percentage of the debt.
03/02/2022: Oakland, CA
Collections agents keep detailed records of all customer communications, payment plans that customers have agreed to, and amounts paid via telephone.
02/17/2022: Provo, UT
Collections agents spend much of their time pursuing customers with overdue balances and negotiating payments to settle debts.
03/22/2022: Santa Barbara, CA
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Collection Agent jobs
Typically, companies hire collections agents with a high school diploma or GED and one to two years of customer service or telemarketing experience, along with the following skills.
04/21/2022: High Point, NC
Finally, collections agents should have some familiarity with the Fair Debt Collection Practices Act, which sets rules for debt collection and customer communications.
03/28/2022: Port Arthur, TX
Debt collection certification or training preferred.
02/13/2022: Atlantic City, NJ
A minimum of 2 years experience in sales, customer service, or telemarketing.
03/24/2022: Brockton, MA
Experience in developing and enacting debt recovery plans and strategies to prevent losses.
04/27/2022: Juneau, AK
Step 3: View the best colleges and universities for Collection Agent.