As of April 01, 2025, the average annual salary for a Bankruptcy Specialist III in Waltham, MA is $65,297. According to Salary.com, salaries can range from a low of $54,507 to a high of $70,330, with most professionals earning between $59,650 and $67,932.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $67,932 | $5,661 | $1,306 | $33 |
| Average | $65,297 | $5,441 | $1,256 | $31 |
| 25th Percentile | $59,650 | $4,971 | $1,147 | $29 |
An entry-level Bankruptcy Specialist III with under 1 year experience makes about $62,769. With less than 2 years of experience, a mid-level Bankruptcy Specialist III makes around $63,190. After 2-4 years, the Bankruptcy Specialist III pay rises to about $64,707. Those senior Bankruptcy Specialist III with 5-8 years of experience earn roughly $66,280, and those Bankruptcy Specialist III having 8 years or more experience are expected to earn about $66,792 on average.
| Levels | Salary |
|---|---|
| Entry Level Bankruptcy Specialist III | $62,769 |
| Intermediate Level Bankruptcy Specialist III | $63,190 |
| Senior Level Bankruptcy Specialist III | $64,707 |
| Specialist Level Bankruptcy Specialist III | $66,280 |
| Expert Level Bankruptcy Specialist III | $66,792 |
| Entry Level | 7% |
| Mid Level | 8% |
| Senior Level | 11% |
| Top Level | 13% |
| Experienced | 14% |
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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
|
$91,416 |
40%
|
|
Time Management
|
$89,458 |
37%
|
|
Financial Services
|
$86,193 |
32%
|
|
Planning
|
$81,622 |
25%
|
|
Problem Solving
|
$79,663 |
22%
|
|
Mortgage Loans
|
$69,868 |
7%
|
