Payment Recovery Specialist jobs in Philadelphia, PA

Overview

Payment Specialist

Location : Chesterbrook, PA - Hybrid schedule

Summary

This position offers a fast-paced, high energy office environment for those looking to make a positive impact on people’s lives.

This is not a client facing position. You will be doing the underwriting for payments involved in our debt settlements.

Responsibilities

• Review and process plan changes when active settlements are in place to make sure the changes do not cause any issues for the program.
• Review all internal and external reporting for payment escalations that need to be resolved with client or creditor
• Assist negotiations in setting up creditor payment make-up checks if lost or undelivered.
• Work externally with our escrow teams and creditors to resolve any payment issues or discrepancies
• Review settlements to ensure everything is in line with our compliance guidelines.
• Resolving broken settlements with creditors via phone and email
• Assist Negotiations in locking down creditor settlements

Qualifications

Education Requirements :

• Bachelors degree
• 2 or more years in Finance / Banking or Underwriting

Qualifications & Skills

• Demonstrated written and verbal communication skills
• Strong problem-solving skills
• Ability to think critically and analyze risk
• Ability to multi-task and work in a fast-paced environment
• Ability to work independently
• Attention to detail, thoroughness and accuracy are required
• Proficiency in the use of Microsoft Office applications (Word, Excel , Outlook and Adobe)

All job functions must be performed in accordance with The J.G. Wentworth Company policies and procedures.

Earning potential : $40,000-$45,000 (base salary bonus)

Benefits :

• Full Medical / Vision / Dental Benefits
• 401K with Company Match
• Flexible Hybrid Schedule
• 15 Days PTO
• Paid Vacations & Holidays
• An Unmatched Company Culture
• On-Site Gym & Gym Membership Reimbursement
• Employee Referral Bonuses
• Public Transportation Discounts
• Business Casual Dress Code

Start building your career with J.G. Wentworth today!

J.G. Wentworth is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.

This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship.

J.G. Wentworth makes hiring decisions based solely on qualifications, merit, and business needs at the time.

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Last updated : 2024-05-03