There is more than meets the eye when it comes to being a collections coordinator. For example, did you know that they make an average of $19.43 an hour? That's $40,424 a year!
Between 2018 and 2028, the career is expected to grow -8% and produce -19,400 job opportunities across the U.S.
There are certain skills that many collections coordinators have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed listening skills, negotiating skills and speaking skills.
When it comes to the most important skills required to be a collections coordinator, we found that a lot of resumes listed 14.1% of collections coordinators included customer service, while 6.2% of resumes included insurance companies, and 6.0% of resumes included phone calls. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the collections coordinator job title. But what industry to start with? Most collections coordinators actually find jobs in the health care and professional industries.
If you're interested in becoming a collections coordinator, one of the first things to consider is how much education you need. We've determined that 36.0% of collections coordinators have a bachelor's degree. In terms of higher education levels, we found that 10.4% of collections coordinators have master's degrees. Even though some collections coordinators have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a collections coordinator. When we researched the most common majors for a collections coordinator, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on collections coordinator resumes include high school diploma degrees or master's degree degrees.
You may find that experience in other jobs will help you become a collections coordinator. In fact, many collections coordinator jobs require experience in a role such as customer service representative. Meanwhile, many collections coordinators also have previous career experience in roles such as administrative assistant or office manager.
Tell us your goals and we'll match you with the right jobs to get there.
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a collections coordinator can determine their career goals through the career progression. For example, they could start out with a role such as accounts receivable specialist, progress to a title such as staff accountant and then eventually end up with the title assistant controller.
Tell us your goals and we'll match you with the rights job to get there.
Use Zippia's Salary Calculator to see how your pay matches up.
Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Collections Coordinator. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.
Learn How To Write a Collections Coordinator Resume
At Zippia, we went through countless Collections Coordinator resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.
View Detailed InformationThe skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 14.1% of collections coordinators listed customer service on their resume, but soft skills such as listening skills and negotiating skills are important as well.
Some places are better than others when it comes to starting a career as a collections coordinator. The best states for people in this position are California, Hawaii, New York, and Connecticut. Collections coordinators make the most in California with an average salary of $51,107. Whereas in Hawaii and New York, they would average $50,519 and $46,758, respectively. While collections coordinators would only make an average of $46,292 in Connecticut, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. New York
$46,758
Avg. Salary
2. Illinois
$44,607
Avg. Salary
3. Massachusetts
$42,351
Avg. Salary