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Collection Agent Duties, Skills & Responsibilities: a Guide for Employers

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Indeed’s Employer Resource Library helps businesses grow and manage their workforce. With over 15,000 articles in 6 languages, we offer tactical advice, how-tos and best practices to help businesses hire and retain great employees.

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When hiring Collection Agents, it’s important to properly describe the job opening with the duties, skills and responsibilities of the role. We’ve compiled a guide to Collection Agent Duties, Skills & Responsibilities using data from actual job postings on Indeed.

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Popular Collection Agent Duties and Skills

Here are some commonly found skills and other specifications in job postings for Collection Agents.

Customer service

  • Definition : Skill or experience assisting customers before, during, and after purchases to satisfy customer needs.
  • Years of experience most commonly required: 2-3
  • How common is it? This skill is found in 41.3% of Collection Agent job postings on Indeed.

Negotiation

  • Definition : Skill or experience with negotiation, typically in a business, financial, or legal context.
  • Years of experience most commonly required: 2-3
  • How common is it? This skill is found in 21.2% of Collection Agent job postings on Indeed.

Accounts receivable

  • Definition : Experience or skill in accounts receivable.
  • Years of experience most commonly required: 2-3
  • How common is it? This skill is found in 4.3% of Collection Agent job postings on Indeed.

Phone etiquette

  • Definition : Experience practicing good manners when on the phone.
  • Years of experience most commonly required: 4-5
  • How common is it? This skill is found in 3.9% of Collection Agent job postings on Indeed.

Accounting

  • Definition : Experience with or knowledge of accounting principles, including the recording and measurement of business or financial transactions in any field of practice.
  • Years of experience most commonly required: 1-2
  • How common is it? This skill is found in 3.7% of Collection Agent job postings on Indeed.

Medical collection

  • Definition : Knowledge of or experience with the process of transferring patient medical debt from a medical organization to an outside debt collection agency.
  • Years of experience most commonly required: 1-2
  • How common is it? This skill is found in 3.1% of Collection Agent job postings on Indeed.

Math

  • Definition : Knowledge of or experience with general mathematical concepts.
  • Years of experience most commonly required: 1-2
  • How common is it? This skill is found in 2% of Collection Agent job postings on Indeed.

Medical billing

  • Definition : Experience or skill working to submit medical claims to insurance providers.
  • Years of experience most commonly required: 1-2
  • How common is it? This skill is found in 1.1% of Collection Agent job postings on Indeed.

ICD-10

  • Definition : Knowledge of medical coding according to the tenth revision of the International Classification of Diseases (ICD-10).
  • Years of experience most commonly required: 2-3
  • How common is it? This skill is found in 1% of Collection Agent job postings on Indeed.

CPT coding

  • Definition : Knowledge of the medical coding standard set by the American Medical Association.
  • Years of experience most commonly required: 2-3
  • How common is it? This skill is found in 0.9% of Collection Agent job postings on Indeed.

Accounts payable

  • Definition : Experience or skill in accounts payable.
  • Years of experience most commonly required: 1-2
  • How common is it? This skill is found in 0.7% of Collection Agent job postings on Indeed.

Accounting software

  • Definition : Experience in or knowledge of using a software system for processing accounting transactions.
  • Years of experience most commonly required: 3-4
  • How common is it? This skill is found in 0.6% of Collection Agent job postings on Indeed.

Medical terminology

  • Definition : Knowledge of or experience with medical terminology.
  • Years of experience most commonly required: 1-2
  • How common is it? This skill is found in 0.5% of Collection Agent job postings on Indeed.

Account reconciliation

  • Definition : Experience in the reconciliation of financial records or statements, typically using record comparison methods of analysis.
  • Years of experience most commonly required: 1-2
  • How common is it? This skill is found in 0.5% of Collection Agent job postings on Indeed.

Telemarketing

  • Definition : Skill or experience in telemarketing.
  • Years of experience most commonly required: 1-2
  • How common is it? This skill is found in 0.2% of Collection Agent job postings on Indeed.

Account analysis

  • Definition : Experience analyzing financial or banking statements.
  • Years of experience most commonly required: 1-2
  • How common is it? This skill is found in 0.1% of Collection Agent job postings on Indeed.
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    Indeed’s Employer Resource Library helps businesses grow and manage their workforce. With over 15,000 articles in 6 languages, we offer tactical advice, how-tos and best practices to help businesses hire and retain great employees.