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Insurance Collections Jobs in Elmhurst, IL (NOW HIRING)

Collections Rep

Rosemont, IL · On-site

$20.19 - $26/hr

FIRST Insurance Funding is a subsidiary of Wintrust, a financial services company with more than ... We offer multiple opportunities for development and upward mobility The Collections Rep will ...

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Willingness to learn new skills We are looking for individuals with a proven track record in customer engagement-Those who have excelled in auto sales, life insurance, collections or any role that ...

Willingness to learn new skills _ We are looking for individuals with a proven track record in customer engagement-Those who have excelled in auto sales, life insurance, collections or any role that ...

... credit and collections management. This role will manage direct reports in the day-to-day ... Insurance: Company-provided life insurance and short-term disability coverage. * Retirement: 401(k) ...

Qualifications: * 5+ years Hospital OR Physician Insurance Collections experience in Cerner * Commercial & Government Payers experience * Strong computer skills * Excel experience * Remote work ...

... insurance, paid time off, and a 401(k) retirement plan. Job Summary The mission of the Collections ... Security Officer is to execute video gaming collections. This position requires carrying a firearm.

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Insurance Collections information

See Elmhurst, IL salary details

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How much do insurance collections jobs pay per hour?

As of Sep 10, 2026, the average hourly pay for insurance collections in Elmhurst, IL is $21.38, according to ZipRecruiter salary data. Most workers in this role earn between $17.74 and $23.94 per hour, depending on experience, location, and employer.

What cities near Elmhurst, IL are hiring for Insurance Collections jobs?

Cities near Elmhurst, IL with the most Insurance Collections job openings:

Collections Rep

Rosemont, IL • On-site

Wintrust
Finance and Insurance • 5 - 10K employees

$20.19 - $26/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 17 days ago


Key responsibilities

  • Process all incoming service requests, investigate discrepancies, and update loan information in the loan management system.

  • Manage the regional/specialty portfolio by monitoring reports, prioritizing tasks, and developing relationships with agents and external parties.

  • Contact insurance carriers and general agents to confirm cancellations, obtain return premiums, verify unearned premium credits, and follow up on funds to minimize loan aging and exposure.


Wintrust rating

8.0

Company rating: 8.0 out of 10

Based on 20 frontline employees who took The Breakroom Quiz


Job description

As one of the largest premium finance companies in the country, FIRST Insurance Funding provides full premium finance services, plus additional services built specifically for agencies. We pride ourselves on the variety of incentive programs, services, and technology we offer. This not only helps grow the agents, brokers, and companies we partner with, but also helps them better serve their clients. FIRST Insurance Funding is a subsidiary of Wintrust, a financial services company with more than $66 billion in assets.
Why join us?
  • An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 11 years) and Employee Recommended award by the Globe & Mail (past 6 years)
  • Competitive pay and discretionary or incentive bonus eligible
  • Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
  • Family-friendly work hours
  • With 200+ community bank locations, we offer opportunities to grow and develop in your career
  • Promote from within culture

Why join this team?
  • We have a culture that encourages an entrepreneurial spirit
  • We offer multiple opportunities for development and upward mobility

The Collections Rep will Manages a regional/specialty premium finance portfolio. Overseeing all aspects of loan servicing, including but not limited to, service requests, proactive communication, post cancellation activities, and resolving loss shortages. Provides internal/external superior customer service working closely with borrowers, insurance carriers/general agents, and insurance agents.
Job Description
  • Processes all incoming service requests, including researching and investigating discrepancies, documents all communication with internal and external parties, and processes loan updates and adjustment in the loan management system. Manage regional/specialty portfolio by preparing, analyzing and/or monitoring daily reports and prioritizing daily tasks to manage portfolio performance. Develop and maintain effective relationships with agents and other external/internal parties.
  • Minimize loan aging and exposure/shortages by contacting insurance carriers and general agents to confirm cancellation and obtain return premium amounts. Verifies unearned premium credit (i.e. collateral), investigate discrepancies, and follows up for receipt of funds.
  • Timely communicate delinquent payment information to customers via phone and email in an attempt to prevent loan / policy cancellations and aging.
  • Handles miscellaneous tasks and projects as required within the portfolio.

Requirements
  • 1-2 years collections experience preferred
  • Knowledge of basic mathematics
  • Knowledge of Microsoft Word and Excel

Compensation
The estimated hourly rate for this role is $20.19 - $26.00 along with eligibility to earn an annual bonus. Actual pay rate may vary based on several factors, such as a candidate's qualifications, skills and experience
Benefits
Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance
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From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.

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