1. What is the average salary of a Bankruptcy Specialist III?
The average annual salary of Bankruptcy Specialist III is $59,511.
In case you are finding an easy salary calculator,
the average hourly pay of Bankruptcy Specialist III is $29;
the average weekly pay of Bankruptcy Specialist III is $1,144;
the average monthly pay of Bankruptcy Specialist III is $4,959.
2. Where can a Bankruptcy Specialist III earn the most?
A Bankruptcy Specialist III's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Bankruptcy Specialist III earns the most in San Jose, CA, where the annual salary of a Bankruptcy Specialist III is $74,687.
3. What is the highest pay for Bankruptcy Specialist III?
The highest pay for Bankruptcy Specialist III is $72,334.
4. What is the lowest pay for Bankruptcy Specialist III?
The lowest pay for Bankruptcy Specialist III is $46,107.
5. What are the responsibilities of Bankruptcy Specialist III?
Bankruptcy Specialist III is responsible for the documentation and filing of loan bankruptcy materials. Responds to calls, concerns, and correspondence for bankrupt loan accounts. Being a Bankruptcy Specialist III monitors accounts throughout the loan bankruptcy process and contacts the appropriate party when necessary. Ensures full compliance with loan bankruptcy regulations, and verifies the bankruptcy is secured. Additionally, Bankruptcy Specialist III distributes account balances and interest rates to the secured and unsecured balances. Stays up to date with bankruptcy laws and regulations. May require a bachelor's degree. Typically reports to a manager. The Bankruptcy Specialist III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Bankruptcy Specialist III typically requires 4-7 years of related experience.
6. What are the skills of Bankruptcy Specialist III
Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.
1.)
Written Communication: Communicating information through written media to educate, inform and influence the target audience.
2.)
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
3.)
Claim Reviews: A claims review is the process in which the underwriter reviews a claim to assure that it meets a set of standards.