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Collections Exceptions Specialist
2 months ago
Company Overview: CornerStone Staffing is seeking a dedicated Collections Exceptions Specialist.
Position Summary: The Collections Exceptions Specialist plays a crucial role in the efficient handling of Collection Exception tasks received through various channels. This position demands a high level of precision, effective time management, and clear communication with colleagues, clients, vendors, and internal stakeholders.
Key Responsibilities:
- Oversee accounts following insurance total loss notifications, ensuring resolution from start to finish;
- Gather and document relevant information regarding total loss filings within the portfolio and collection systems;
- Facilitate communication with vendors regarding account updates and modifications;
- Provide assistance and support to clients and vendor partners throughout the total loss process via various communication methods;
- Verify necessary documentation during the estate process and follow up on eligible accounts;
- Review and determine requests for SCRA protections and modifications;
- Monitor approved manufacturing buyback accounts to ensure proper processing of payoff funds;
- Authorize vehicle repair check endorsements;
- Ensure compliance with all applicable federal and state regulations as well as company policies.
Qualifications:
- Experience with inbound and outbound calls;
- Strong administrative skills;
- Ability to analyze and interpret account details critically;
- Exceptional attention to detail;
- Proficiency in navigating multiple systems.