How much does a Collections Representative I make in Colorado? The average Collections Representative I salary in Colorado is $40,478 as of February 26, 2024, but the range typically falls between $35,810 and $45,001. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Collections Representative I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Collections Representative I Salary $31,560 CO February 26, 2024
25th Percentile Collections Representative I Salary $35,810 CO February 26, 2024
50th Percentile Collections Representative I Salary $40,478 CO February 26, 2024
75th Percentile Collections Representative I Salary $45,001 CO February 26, 2024
90th Percentile Collections Representative I Salary $49,119 CO February 26, 2024
25% $35,810 10% $31,560 90% $49,119 75% $45,001 $40,478 50%(Median) Didn’t find job title? Click
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What skills does a Collections Representative I need?

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.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Credit Card: A credit card is a type of credit facility, provided by banks that allow customers to borrow funds within a pre-approved credit limit.

3.

HIPAA: The Health Insurance Portability and Accountability Act of 1996 is a federal law that required the creation of national standards to protect sensitive patient health information from being disclosed without the patient's consent or knowledge.

Customer Service 16.76%
Credit Card 2.57%
HIPAA 1.03%
Others 79.64%

Job Description for Collections Representative I

Collections Representative I is responsible for initiating calls with delinquent customers by phone, mail or personal visit to collect payments and settle accounts. Follows-up delinquent accounts, updates and maintains accurate financial records including accounting, receivable, and credit records. Being a Collections Representative I requires a high school diploma. Typically reports to a supervisor. The Collections Representative I possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Collections Representative I in Colorado

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Location Avg. Salary Date Updated
Location Jefferson, CO Avg. Salary $40,790 Date Updated February 26, 2024
Location Agate, CO Avg. Salary $39,897 Date Updated February 26, 2024
Location Aguilar, CO Avg. Salary $37,196 Date Updated February 26, 2024
Location Akron, CO Avg. Salary $38,483 Date Updated February 26, 2024
Location Alamosa, CO Avg. Salary $37,196 Date Updated February 26, 2024
Location Allenspark, CO Avg. Salary $40,922 Date Updated February 26, 2024
Location Alma, CO Avg. Salary $40,888 Date Updated February 26, 2024
Location Almont, CO Avg. Salary $41,107 Date Updated February 26, 2024
Location Amherst, CO Avg. Salary $37,566 Date Updated February 26, 2024
Location Anton, CO Avg. Salary $40,317 Date Updated February 26, 2024

Career Path for Collections Representative I

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Collections Representative I, the first career path typically progresses to Collections Specialist - Healthcare.

Additionally, the second career path typically starts with a Collections Representative II position, and then progresses to Collections Supervisor.

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Collections Representative I Salary in Colorado
Collections Representative I Salary Graph, Regional Distribution and Summary