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Finance Recovery Jobs (NOW HIRING)

Overview Financial Recovery Analyst Competitive Hourly Rate ON-SITE BONUS ELIGIBLE Can you untangle complex financial situations, and work to recover reimbursement for high dollar insurance claims so ...

This role ensures financial recovery by determining liability, issuing accurate invoices, and managing collections in a timely and compliant manner. * Recovers cash tied to third-party damage.

The Head of Asset Recovery leads the end-to-end resolution of problem loans, developing and ... This role conducts detailed borrower and guarantor financial analysis, recommends risk grade ...

The Head of Asset Recovery leads the end-to-end resolution of problem loans, developing and ... This role conducts detailed borrower and guarantor financial analysis, recommends risk grade ...

Recovery Specialist

Ashby, MA ยท On-site

$16 - $18/hr

BHT/Recovery Specialist Our mission. Spring Hill Recovery Center is part of Northeast Recovery, a ... We pay competitively and offer a variety of benefits to meet your wellness and financial needs. EEO ...

Patient Financial Recovery Specialist

$18.50 - $24.50/hr

The Patient Financial Recovery Specialist will provide customer service to hospital patients who have questions on their accounts and assist them in settling their patient responsibility balances.

Patient Financial Recovery Specialist

$18.50 - $24.50/hr

The Patient Financial Recovery Specialist will provide customer service to hospital patients who have questions on their accounts and assist them in settling their patient responsibility balances.

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Finance Recovery information

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$25K

$92.6K

$135.5K

How much do finance recovery jobs pay per year?

As of Jul 8, 2026, the average yearly pay for finance recovery in the United States is $92,631.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,000.00 and $109,000.00 per year, depending on experience, location, and employer.

What does a financial recovery specialist do?

A financial recovery specialist helps organizations recover funds from unpaid debts, insurance claims, or financial discrepancies. They analyze financial data, negotiate with clients or insurers, and use accounting or recovery software to ensure accurate and timely recovery of assets.

What are some common challenges faced by Finance Recovery professionals, and how can they be addressed?

Finance Recovery professionals often encounter challenges such as dealing with unresponsive clients, navigating complex payment disputes, and managing high volumes of open accounts. To address these issues, effective communication and negotiation tactics are essential, as well as staying organized and adhering to company policies and industry regulations. Many teams use specialized software to track recovery efforts and streamline processes, making collaboration and regular reporting vital. Continuous training on regulation changes, as well as support from experienced colleagues, can also help professionals succeed. By proactively managing these challenges, Finance Recovery specialists can help protect the organization's financial health and build positive client relationships.

What is recovery in finance?

In finance, recovery refers to the process of regaining or restoring financial losses, such as recovering unpaid debts or assets after default or bankruptcy. For finance recovery professionals, skills in debt collection, negotiation, and financial analysis are essential to facilitate this process effectively.

What is a Finance Recovery job?

A Finance Recovery job involves identifying and recovering lost, overpaid, or unclaimed funds for a company or client. Professionals in this role analyze financial records, track discrepancies, and negotiate with vendors or institutions to reclaim owed amounts. They may work in corporate finance, insurance, or debt recovery sectors. Strong attention to detail, analytical skills, and knowledge of financial regulations are essential for success in this role.

What professions make $500,000 a year?

In finance recovery roles, high-level positions such as Chief Financial Officers (CFOs), senior investment bankers, private equity partners, and hedge fund managers can earn $500,000 or more annually. These roles typically require extensive experience, advanced certifications like CPA or CFA, and strong expertise in financial analysis, risk management, and strategic planning.

What is a financial recovery?

In the context of finance recovery, it refers to the process of restoring a company's financial health after a period of financial difficulty or loss. This often involves analyzing financial statements, implementing cost-saving measures, and developing strategies to improve cash flow and profitability. Financial recovery specialists may use tools like financial modeling and require certifications such as CPA or CFA.

What are the key skills and qualifications needed to thrive in the Finance Recovery position, and why are they important?

To thrive in Finance Recovery, you need strong analytical skills, attention to detail, and a solid understanding of accounting or finance principles, often supported by a degree in finance, accounting, or business. Familiarity with financial recovery tools, enterprise resource planning (ERP) systems, and sometimes certification in credit management or collections is commonly required. Excellent communication, negotiation skills, and resilience are standout soft skills for effectively managing debtor relationships. These competencies are crucial for efficiently recouping funds, maintaining accurate records, and supporting organizational cash flow goals.

More about Finance Recovery jobs
What states have the most Finance Recovery jobs? States with the most job openings for Finance Recovery jobs include:
Infographic showing various Finance Recovery job openings in the United States as of July 2026, with employment types broken down into 83% Full Time, and 17% Contract. Highlights an 100% In-person job distribution, with an average salary of $92,631 per year, or $44.5 per hour.

Financial Recovery Administrator - Full Time

1ST MIDAMERICA CREDIT

East Alton, IL โ€ข On-site

$16.38 - $19.27/hr

Full-time

Re-posted 5 days ago


Job description

Job Title: Financial Recovery Services Administrator (Collections)

Status: Full Time

Location: East Alton, IL

Salary: $16.38 - $19.27

Benefit Information: https://www.1stmidamerica.org/docs/default-source/pdfs/benefits-summary-at-a-glance-2026.pdf

About Us:

1st MidAmerica is a trusted financial institution dedicated to providing exceptional service to our members. We pride ourselves on our commitment to the communities we serve and our focus on delivering an array of financial products for each step in their financial journey. We are currently seeking motivated and member-oriented individuals to join our team as a Financial Recovery Services Administrator.

Job Summary:

We are seeking a Financial Recovery Services Administrator to assist the Financial Recovery Department with member delinquencies and collection processes and creating departmental reports.

Key Responsibilities:

- Updates and maintains various reports and tracking modules.

- Compiles monthly reports for management.

- Processes and maintains all credit union collateral protection insurance (CPI) with vendor.

- Manages daily reports for accounts that have been charged off.

- Report monitoring and follow up with account maintenance for rejected loan payments.

- Handles credit life and disability claims with credit union vendor.

- Provides backup assistance with repossession processes.

Qualifications:

- High school diploma or equivalent.

- One year to three years of similar or related experience.

- Strong communication skills and attention to detail.

- Proficient with Microsoft products (Outlook, Word, and Excel).

- Intermediate math skills

What We Offer:

- Competitive salary and benefits.

- Opportunities for career growth.

- Supportive team environment.

Schedule:

- Monday โ€“ Friday 8:00 AM โ€“ 5:00 PM

Disclaimer: Must be able to work and travel to different credit union locations as determined by management.

1st MidAmerica is an Equal Opportunity Employer.