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Insurance Collections Jobs in Plainfield, IL (NOW HIRING)

Collection Specialist

Chicago, IL · On-site

$19 - $25.75/hr

Collections Specialist Reports To : Sr Financial Analyst Location : Chicago, IL Job Overview: We ... Group Term Life Insurance and Voluntary Life Insurance option * Paid holidays * Paid vacation, sick ...

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Collections Specialist - Deficiency

Oak Brook, IL · On-site

$19 - $21/hr (+ commission)

Our competitive salary and benefits package include 401(k), medical, dental and vision insurance, life insurance, disability insurance, Company paid holidays, vacation and sick benefits. Employer ...

Engages in collections operations * Analyzes major accounts and reviews for complex collection ... Highlights include health, dental, vision, disability, and life insurance. In addition to this ...

... collections and payment records management. * Coordinate communication between Invenergy and insurance adjusters/insurers, monitor claim activities and support speedy claim resolutions. Engage ...

... collections and payment records management. * Coordinate communication between Invenergy and insurance adjusters/insurers, monitor claim activities and support speedy claim resolutions. Engage ...

... collections and payment records management. * Coordinate communication between Invenergy and insurance adjusters/insurers, monitor claim activities and support speedy claim resolutions. Engage ...

Showing results 41-60

Insurance Collections information

See Plainfield, IL salary details

$12

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$29

How much do insurance collections jobs pay per hour?

As of Sep 11, 2026, the average hourly pay for insurance collections in Plainfield, IL is $20.92, according to ZipRecruiter salary data. Most workers in this role earn between $17.36 and $23.41 per hour, depending on experience, location, and employer.

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

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

Infographic showing various Insurance Collections job openings in Plainfield, IL as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 21% Part Time, and 4% Contract. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution, with an average salary of $43,517 per year, or $20.9 per hour.

Credit Union Collections & Risk Manager

Chicago, IL • On-site

First Northern Credit Union
Finance and Insurance • 51 - 200 employees

$75K - $79K/yr

Other

Medical, Dental, Vision, Life, Retirement

Re-posted 3 days ago


Job description

Collections & Risk Manager a/k/a Risk Mitigation Manager

We are currently seeking a Risk Mitigation Manager for our Chicago-Loop (Monroe Street) office to oversee the Risk Management Department, including: loan collections, collateral protection, negative shares, fraud prevention and resolution, credit loss estimation, and insurance-related programs.

Our credit union membership base consists of ComEd/Exelon, Constellation, Northwestern Medicine, and Northwestern University employees and students, as well as a 14-county community charter including Evanston and Rockford.

Primary responsibilities include:

  • Supervise/manage a Collector and a Loan Servicing Representative.
  • Oversee applicable Automatic Call Distribution (ACD) Workgroup(s).
  • Provide resolution management for member service calls.
  • Supervise all loan collections activities.
  • Ensure that FNCU's collection activity is conducted in accordance with current collection policies and procedures.
  • Prepare monthly delinquency and loan loss reports.
  • Administration of bankruptcy and workout activities on accounts in a timely and consistent manner. Vendor management of legal counsel regarding account litigation. Coordinate with trustees.
  • Management of the Negative Shares collection queues. Charge off approved negative shares per policy and procedures.
  • Manage collateral/mortgage protection (CPI/MPI) programs to ensure proper insurance coverage and minimize collateral-related losses.
  • Lead fraud resolution efforts, including investigation, recovery, and member communication, for new memberships and newly opened savings and loan products (including indirect vehicle loans).
  • Implement and monitor fraud mitigation strategies to reduce identify theft and account takeover risks.
  • Manage the credit union's Current Expected Credit Losses (CECL) methodology, assumptions, modeling, and reporting.
  • Utilize software to monitor loan portfolio performance and trends to identify emerging risks and recommend corrective actions.
  • Manage the processing and reconciliation of insurance refunds related to chargebacks and back-end refunds related to loan payoffs, charge-offs, or early terminations.
  • Work as a leader of special or ongoing projects that are important to departmental development.
  • Keep current on governmental regulations related to loan servicing repayment compliance, collections, member information, and record retention.
  • Explain financial products and services to members, evaluating their needs, and recommending the credit union's best available options.
  • Evaluate/review your staff's performance, including providing performance feedback and coaching.
  • Develop, implement, and maintain department procedures and policies.
  • Assist in auditing and reporting functions.
  • Multi-task and receive and assign or complete work through a variety of channels, including online, telephone, in-person, mail, fax, etc.
  • Maintain a thorough working knowledge of credit union history and philosophy, as well as policies and procedures.

Qualifications include:

  • Bachelor's degree.
  • 3+ years of experience in collections, fraud, and/or risk management.
  • Solid computer, analytical, math, and communication skills.
  • Management experience is preferred.
  • Bilingual (English/Spanish) is a plus.

Office address:
First Northern Credit Union
230 W. Monroe St. Ste. 2850
Chicago, IL 60606
(on Franklin between Monroe & Madison)

Typical work schedule: In-person, Monday through Friday, 7:45 a.m. to 4:45 p.m.

Compensation:

  • $75,100 - $79,815 per year
  • Full-time, 40 hours per week
  • First Northern offers a generous benefits package including medical, dental and vision insurance; free life & disability plans; 401(k) with company match after 1 year of employment.

Please be advised that First Northern Credit Union conducts background and credit checks for all positions.

EOE
Drug-Free Work Environment
M/F/D/V

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