As of April 01, 2025, the average annual salary for a Bankruptcy Specialist III in Cicero, IL is $60,502. According to Salary.com, salaries can range from a low of $50,505 to a high of $65,166, with most professionals earning between $55,269 and $62,943.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $60,909 | $5,076 | $1,171 | $29 |
| Average | $58,547 | $4,879 | $1,126 | $28 |
| 25th Percentile | $53,483 | $4,457 | $1,029 | $26 |
An entry-level Bankruptcy Specialist III with under 1 year experience makes about $58,159. With less than 2 years of experience, a mid-level Bankruptcy Specialist III makes around $58,550. After 2-4 years, the Bankruptcy Specialist III pay rises to about $59,956. Those senior Bankruptcy Specialist III with 5-8 years of experience earn roughly $61,413, and those Bankruptcy Specialist III having 8 years or more experience are expected to earn about $61,887 on average.
| Levels | Salary |
|---|---|
| Entry Level Bankruptcy Specialist III | $58,159 |
| Intermediate Level Bankruptcy Specialist III | $58,550 |
| Senior Level Bankruptcy Specialist III | $59,956 |
| Specialist Level Bankruptcy Specialist III | $61,413 |
| Expert Level Bankruptcy Specialist III | $61,887 |
| Entry Level | 1% |
| Mid Level | 0% |
| Senior Level | 2% |
| Top Level | 5% |
| 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
|
$84,703 |
40%
|
|
Time Management
|
$82,888 |
37%
|
|
Financial Services
|
$79,863 |
32%
|
|
Planning
|
$75,628 |
25%
|
|
Problem Solving
|
$73,813 |
22%
|
|
Mortgage Loans
|
$64,738 |
7%
|
