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Asset Recovery Coordinator Jobs in Indiana (NOW HIRING)

Post-Recovery Specialist

Carmel, IN

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... Asset Recovery Management Department. Will help train and mentor the post recovery staff within the ... Assists departmental leadership in the coordination of work activities within the unit. Will assist ...

Post-Recovery Specialist

Carmel, IN · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... Asset Recovery Management Department. Will help train and mentor the post recovery staff within the ... Assists departmental leadership in the coordination of work activities within the unit. Will assist ...

... asset recovery. In addition, this role oversees Credit Solutions, which includes the working of ... Coordinates with various attorneys and insurers and may attend court hearings for various legal ...

... asset recovery. In addition, this role oversees Credit Solutions, which includes the working of ... Coordinates with various attorneys and insurers and may attend court hearings for various legal ...

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Asset Recovery Coordinator information

What does an asset recovery coordinator do?

An Asset Recovery Coordinator is responsible for managing and overseeing the process of recovering, tracking, and disposing of company assets that are no longer in use or have reached the end of their lifecycle. This includes coordinating with different departments to ensure assets are properly documented, reclaimed, or recycled in accordance with company policies and legal regulations. They may also handle the sale or donation of recovered assets and work to maximize the value recovered for the organization while minimizing losses. Attention to detail, organizational skills, and knowledge of compliance requirements are important in this role.

What is the role of an asset recovery coordinator?

An asset recovery coordinator is responsible for locating, securing, and recovering assets that are owed or lost, often working with legal teams and using tracking tools. They develop recovery strategies, negotiate with stakeholders, and ensure compliance with relevant regulations to maximize asset recovery efforts.

What are the key skills and qualifications needed to thrive as an asset recovery coordinator, and why are they important?

To thrive as an Asset Recovery Coordinator, you need strong organizational skills, attention to detail, and experience in asset management or logistics, often supported by a relevant associate or bachelor’s degree. Familiarity with inventory management systems, asset tracking software, and sometimes certifications like Certified Asset Recovery Specialist (CARS) are typically required. Excellent communication, problem-solving, and negotiation skills help in coordinating with clients, vendors, and internal teams. These abilities ensure efficient recovery, minimal asset loss, and compliance with company policies and legal regulations.

What are some common challenges faced by asset recovery coordinators, and how can they be addressed effectively?

Asset Recovery Coordinators often encounter challenges such as tracking down missing or unreturned assets, coordinating with multiple departments, and ensuring compliance with company policies. Effective communication and meticulous record-keeping are crucial to overcoming these hurdles. Building strong relationships with team members and leveraging asset management software can streamline recovery efforts and minimize losses. Staying organized and proactive in follow-ups also helps in reducing recovery times and improving overall efficiency.
What are the most commonly searched types of Asset Recovery jobs in Indiana? The most popular types of Asset Recovery jobs in Indiana are:
What cities in Indiana are hiring for Asset Recovery Coordinator jobs? Cities in Indiana with the most Asset Recovery Coordinator job openings:

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 6 days ago


Allied Solutions rating

7.9

Company rating: 7.9 out of 10

Based on 11 frontline employees who took The Breakroom Quiz

182nd of 306 rated insurance


Job description

The Post Recovery Specialist is responsible for handling all aspects of daily post recovery related operations within the Asset Recovery Management Department. Will help train and mentor the post recovery staff within the department and be responsible for overall technical direction and production of post recovery related activities of the team. Assists departmental leadership in the coordination of work activities within the unit. Will assist with invoicing issues, recovery sale proceeds, title distribution, legal issues, salvage liquidation and remarketing needs within the department.Job Duties and Responsibilities:

Investigation and Analysis (55%):

  • Claims Review & Assignment Distribution
    Review and evaluate settled files received from the Claims department to determine appropriate reassignment to recovery staff.
  • Client Repossessions Management
    Oversee and manage all client repossession processes, ensuring timely and accurate handling.
  • Special Incentive Assignment Distribution
    Coordinate and distribute special incentive assignments to the recovery vendor network.
  • Portfolio Management
    Maintain and manage a partial skip claim portfolio, while also overseeing all salvage-related files.
  • Email Inbox Management
    Monitor and manage department email inboxes to ensure timely responses and task routing.
  • Remarketing Orders
    Responsible for placing and tracking client remarketing orders in accordance with internal procedures.
  • Legal Review Coordination
    Conduct initial reviews of recovery-related legal issues, facilitate the Allied Legal Referral Form process, and follow up with the Allied Legal Department as necessary.
  • Title Management
    Handle all aspects of title processing including tracking, mailing, and in-house management.
  • Notice of Intent Coordination
    Calculate and establish Notice of Intent (NOI) dates in alignment with client and legal guidelines.
  • Salvage Process Oversight
    Lead and manage the entire salvage process, including individual salvage assignments, title document requests, bid approvals, and sale proceeds tracking.
  • Post-Repossession Audits
    Conduct audits and manage all post-repossession activities to ensure compliance and accuracy.
  • Hold Harmless Documentation
    Draft and issue Hold Harmless agreements as required by recovery processes.

Training/Educating/Mentoring (30%):

  • Mentorship & Guidance
    Provide guidance and instruction to new team members on recovery-related processes and procedures within the Claims and Recovery departments.
  • Process Communication
    Communicate account and procedure updates clearly through email and standardized templates to ensure consistency across the team.
  • Training & Onboarding Support
    Assist in training and educating new employees on departmental workflows, systems, and best practices.
  • Stakeholder Communication
    Effectively explain the Claims and Recovery process to both internal teams and external partners, including lenders and vendors.
  • Collaborative Problem-Solving
    Work closely with team members, upper management, and cross-functional departments to drive optimal recovery outcomes.

Reporting/ ACH Processing/ Manager Backup (15%):

  • Assist Recovery Manager in the management of the proper disbursement of ACH and Recovery proceeds to insurance carriers.
  • Update Recovery spreadsheets timely and with accurate sale information.
  • Assist Recovery Manager and Recovery Director to ensure the Team meets service level requirements and service level standards.
Qualifications (Education, Experience, Certifications & KSA):
  • High School Diploma or GED required.
  • 3-4 years' experience required.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, skills, efforts or working conditions associated with a job.

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#LI-AB2

We offer our employees a robust compensation package! Our comprehensive benefits include: medical, dental and vision insurance coverage; 100% company-paid life and disability coverage, 401k options with company match, three weeks PTO by the end of the first year and much more. Allied proudly promotes from within as part of a strong commitment to providing career growth opportunities for employees of all levels. Our diverse business portfolio allows employees broad career options with the advantage of staying with the same organization.
All qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.

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