Collections Specialist at Hartford Financial Services

Cedar Rapids, Iowa, United States

Hartford Financial Services Logo
Not SpecifiedCompensation
Entry Level & New GradExperience Level
Full TimeJob Type
UnknownVisa
Financial Services, LeasingIndustries

Requirements

High school graduate or equivalent education is required. Prior collection experience in financial services or leasing is desired but not necessary. Candidates must demonstrate the ability to perform in a high-intensity, customer-focused environment and possess a proven track record of excellent written and verbal communication and negotiation skills. The role also requires the ability to research, analyze, and resolve problems, general math and computation skills, people skills, the ability to follow processes and procedures, and the capacity to effectively process a high volume of incoming/outgoing phone calls. Applicants must be authorized to work for any employer in the U.S. and the company cannot sponsor employment visas.

Responsibilities

The Portfolio Manager will handle outbound and incoming communication related to outstanding delinquent lease payments and is responsible for the resolution of account administrative delinquencies for GreatAmerica customers. This role involves utilizing initiative to investigate the reasons for customer delinquency on lease agreements and carrying out responsibilities in collections and customer service. The Portfolio Manager will contact and collect accounts 10-60 days past due to arrange timely payments, process phone calls, internal inquiries, meetings, and other requests simultaneously, and process research and correspondence related to customer disputes and collection problem inquiries. They will work in a team-based, solution-oriented environment, including customer support through inbound and outbound calls, addressing issues related to billing, taxation, insurance, maintenance, contract terms, purchase options, and account history. The expectation is to work approximately 36 accounts per day and be involved in cross-functional team efforts and training as required.

Skills

Collections
Customer Service
Communication
Problem-solving
Account Management

Hartford Financial Services

Insurance and financial services provider

About Hartford Financial Services

Hartford Financial Services provides insurance and financial products designed to protect individuals and businesses. Their offerings include various types of insurance, such as auto, home, and business insurance, as well as retirement and investment solutions. The company focuses on ensuring that clients are safeguarded against risks while also aiming to create a positive impact in the community. Unlike many competitors, Hartford Financial Services emphasizes a commitment to human achievement, striving to support clients in ways that extend beyond traditional insurance coverage. The goal of the company is to empower individuals and businesses to thrive by providing comprehensive protection and contributing to societal well-being.

Hartford, ConnecticutHeadquarters
1810Year Founded
$77.7MTotal Funding
N/ACompany Stage
Social Impact, Financial ServicesIndustries
10,001+Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Paid Vacation
Paid Holidays
Hybrid Work Options
Remote Work Options
Tuition Reimbursement

Risks

AI-driven solutions like HOMEE increase competition in P&C insurance.
Beam Benefits' growth challenges Hartford's market position in employee benefits.
Superscript's funding may disrupt traditional insurance models Hartford relies on.

Differentiation

Hartford is recognized as one of the World's Most Ethical Companies.
The Hartford's critical illness insurance covers a wide range of health conditions.
Partnership with CAPE Analytics enhances Hartford's risk assessment with geospatial intelligence.

Upsides

AI-driven claims management adoption boosts efficiency in insurance processing.
Digital transformation with Beam Benefits simplifies employee benefits processes.
Geospatial intelligence from CAPE Analytics improves risk assessment and underwriting.

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