As of January 01, 2025, the average annual salary for a Senior Loan Bankruptcy Specialist in Duluth, MN is $57,790. Salary.com reports that pay typically ranges from $50,970 to $64,310, with most professionals earning between $44,761 and $70,246.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $64,310 | $5,359 | $1,237 | $31 |
| Average | $57,790 | $4,816 | $1,111 | $28 |
| 25th Percentile | $50,970 | $4,248 | $980 | $25 |
An entry-level Senior Loan Bankruptcy Specialist with under 1 year experience makes about $54,318. With less than 2 years of experience, a mid-level Senior Loan Bankruptcy Specialist makes around $54,822. After 2-4 years, the Senior Loan Bankruptcy Specialist pay rises to about $56,636. Those senior Senior Loan Bankruptcy Specialist with 5-8 years of experience earn roughly $59,757, and those Senior Loan Bankruptcy Specialist having 8 years or more experience are expected to earn about $61,013 on average.
| Levels | Salary |
|---|---|
| Entry Level Senior Loan Bankruptcy Specialist | $54,318 |
| Intermediate Level Senior Loan Bankruptcy Specialist | $54,822 |
| Senior Level Senior Loan Bankruptcy Specialist | $56,636 |
| Specialist Level Senior Loan Bankruptcy Specialist | $59,757 |
| Expert Level Senior Loan Bankruptcy Specialist | $61,013 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 2% |
| Top Level | 3% |
| Experienced | 6% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Written Communication: Communicating information through written media to educate, inform and influence the target audience.
Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period
Claim Reviews: A claims review is the process in which the underwriter reviews a claim to assure that it meets a set of standards.
| Skill | Salary | Demand |
|---|---|---|
|
Written Communication
|
$80,906 |
40%
|
|
Time Management
|
$79,172 |
37%
|
|
Financial Services
|
$76,283 |
32%
|
|
Planning
|
$72,238 |
25%
|
|
Problem Solving
|
$70,504 |
22%
|
|
Mortgage Loans
|
$61,835 |
7%
|
