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Lowers Risk Group
Purcellville, VA | Full Time
$44k-56k (estimate)
1 Week Ago
Collection specialist
Lowers Risk Group Purcellville, VA
$44k-56k (estimate)
Full Time | Business Services 1 Week Ago
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Lowers Risk Group is Hiring a Collection specialist Near Purcellville, VA

Description

Job Location is Remote within the US

JOB SUMMARY

This role is directly responsible for the timely collection of client payments to meet corporate receivable deadlines.

ESSENTIAL DUTIES AND RESPONSIBILITIES :

  • Conducts custom collection campaigns for each customer that may consist of email, phone call and / or mail correspondence to facilitate payment and resolve past due amounts.
  • Accountable for reducing delinquency of assigned accounts.
  • Documents all collection activity; maintains, organizes and responds to all correspondence, communication and / or verbal inquiries from all relevant parties.
  • Performs customer reconciliations when necessary.
  • Resolve customer discrepancies and short payments.
  • Responsible for creating appropriate adjustments, write-offs, and refunds accurately and timely.
  • Processes credit memos.
  • Recommends bad debt allowances.
  • Processes credit card and / or PayPal payments.
  • Enlists the efforts of sales, legal and senior management when necessary to accelerate the collection process.
  • Understands and adheres to all policies and procedures.
  • Other tasks and duties as assigned.

Requirements

EDUCATION AND EXPERIENCE :

EDUCATION :

Minimum : High School Diploma or Equivalent

Preferred : Associates Degree in Business

EXPERIENCE :

Minimum : 5 years of collections experience with proven results in a mid-size service firm specializing in insurance or legal related services.

QUALIFICATIONS :

The requirements listed below are representative of the knowledge, skills, and / or abilities required for this position :

  • Proven ability to deliver significant collections results
  • Knowledge and experience in Billing and Collections procedures.
  • Accounts Receivable knowledge / experience a plus.
  • Proven ability to overcome obstacles and obtain results.
  • Proficient in Microsoft Office Suite
  • Ability to successfully maintain client relationships while delivering on collections requirements
  • Team player with the ability to work independently and with minimal supervision.
  • High degree of accuracy, detail orientation, thoroughness, and confidentiality.
  • Strong oral and written communication skills.
  • Well organized and a self-starter.
  • Strong problem-solving skills.
  • Ability to meet deadlines.
  • Ability to prioritize and manage multiple responsibilities.
  • Strong work ethic.

PHYSICAL REQUIREMENTS :

  • Talking. Expressing or exchanging ideas by means of the spoken word. Those activities in which individual must convey detailed or important spoken instructions to other team members accurately or quickly.
  • Hearing. Perceiving the nature of sounds at normal speaking levels with or without correction. Ability to receive detailed information through oral communication, and to make the discriminations in sound.
  • Repetitive motion. Substantial movements (motions) of the wrists, hands, and / or fingers.
  • Close visual acuity for preparing and analyzing data and figures; viewing a computer terminal; extensive reading; visual inspection.
  • Subject to environmental conditions for activities that occur inside.

EQUAL EMPLOYMENT OPPORTUNITY :

Lowers Risk Group provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, pregnancy, gender identity, sexual orientation, status as a Vietnam-era, special disabled veteran or other veteran, or any other status or characteristic protected by applicable federal, state and / or local laws.

AT WILL EMPLOYMENT :

Lowers Risk Group is an At Will employer and nothing within the job posting or description should be construed as an offer or guarantee of employment.

Lowers Risk Group reserves the right to modify, interpret or apply the job description in any way the company desires and the job description is not a contract for employment.

Any offer of employment is conditional upon the successful completion of a background investigation and drug screen.

Last updated : 2024-04-26

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$44k-56k (estimate)

POST DATE

04/28/2024

EXPIRATION DATE

07/24/2024

WEBSITE

lowersriskgroup.com

HEADQUARTERS

PURCELLVILLE, VA

SIZE

200 - 500

FOUNDED

2012

TYPE

Private

CEO

D MARK LOWERS

REVENUE

$50M - $200M

INDUSTRY

Business Services

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About Lowers Risk Group

Lowers Risk Group is a provider of risk mitigation and data intelligence solutions.

Show more

Lowers Risk Group
Remote | Full Time
$44k-56k (estimate)
1 Week Ago

The job skills required for Collection specialist include Accounts Receivable, Problem Solving, Microsoft Office, Written Communication, Credit Card, Oral Communication, etc. Having related job skills and expertise will give you an advantage when applying to be a Collection specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Collection specialist. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Collection specialist positions, which can be used as a reference in future career path planning. As a Collection specialist, 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 specialist. You can explore the career advancement for a Collection specialist below and select your interested title to get hiring information.

If you are interested in becoming a Collection Specialist, 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 Specialist for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Collection Specialist job description and responsibilities

Specialists must first locate debtors and then attempt to collect payment by negotiating debt settlements.

01/29/2022: Springfield, IL

Collections Specialists are generally responsible for managing and collection all the outstanding accounts receivables form clients and customers.

03/15/2022: Ventura, CA

Collection Specialists keep track of accounts receivable.

03/22/2022: Lorain, OH

Specialists are responsible for establishing and maintaining various documents, reports and following regulation forms.

02/02/2022: Monroe, LA

Analyzed credit service bureau data as needed and recommended changes required to credit limit or collection actions.

03/28/2022: Lawrence, MA

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 Specialist jobs

Collections specialists must be able to approach each conversation as a fresh start without carrying over any emotions from previous calls.

04/11/2022: Allentown, PA

Collections specialists are often entry-level professionals with minimal experience and education.

02/28/2022: Lexington, KY

If you want to take this path, you must have the ability to provide exemplary customer service, type and talk at the same time, be reliable, hardworking and willing to learn.

02/09/2022: Concord, NH

Collections specialists are often entry-level professionals with minimal experience and education.

02/07/2022: Waco, TX

A collection specialist should also understand how to overcome objections owing to the nature of the job.

01/27/2022: Bridgeport, CT

Step 3: View the best colleges and universities for Collection Specialist.

Florida Southern College
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University of Notre Dame
Western Washington University
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