How much does a Collection Specialist make in Indianapolis, IN?
A Collection Specialist in Indianapolis, IN, earns an average yearly salary of $43,231. This job involves contacting clients to collect overdue payments on bills. Specialists work to recover money owed by individuals or businesses. Their role is crucial for businesses needing to maintain cash flow.
Here are the common salary ranges for Collection Specialists in Indianapolis:
- The lowest 10% earn less than $33,000.
- The next 20% earn between $33,000 and $36,136.
- The middle 35.95% earn between $39,273 and $42,409.
- Another 10% earn between $42,409 and $45,545.
- The top 10% earn more than $64,364.
What are the highest paying cities for a Collection Specialist near Indianapolis, IN?

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Fort Wayne, IN
Average Salary: $43,179
In Fort Wayne, a city known for its cultural attractions and vibrant community, collection specialists often work with local financial institutions. Companies like Chase and Fifth Third Bank offer dynamic opportunities. The role involves communicating with clients to manage accounts and ensure timely payments.
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Gary, IN
Average Salary: $42,500
Gary, a city rich in industrial history, provides a range of opportunities for collection specialists. Professionals here often work with local businesses and credit companies. The role emphasizes clear communication and effective problem-solving. Working with firms like U.S. Bank and TD Bank, specialists can develop strong customer relations.
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Anderson, IN
Average Salary: $36,740
Anderson, a smaller city with a tight-knit community, offers opportunities in collection work with local businesses and banks. Companies like Huntington Bank provide a supportive environment. This role requires excellent organizational skills and a proactive approach to account management.
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Lafayette, IN
Average Salary: $35,375
Lafayette, known for its historic charm and university presence, is home to several financial institutions. Collection specialists here might work with banks like Citizens Bank. They focus on maintaining good customer relationships while ensuring accounts are up-to-date. The city’s supportive business environment fosters professional growth.
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Noblesville, IN
Average Salary: $34,000
Noblesville, a growing city with a mix of urban and suburban elements, offers collection roles with companies such as PNC Bank. Specialists work closely with clients to manage payments and maintain financial stability. The role here combines strong interpersonal skills with detailed financial knowledge.
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Richmond, IN
Average Salary: $32,167
Richmond, known for its historical sites and welcoming community, provides opportunities in financial services. Collection specialists often work with local banks like FirstMerit Bank. They play a key role in helping clients manage their financial obligations. This role emphasizes reliability and customer service.
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What are the best paying companies for a Collection Specialist in Indianapolis, IN?

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Ryder System
Average Salary: $65,000
Ryder System offers exciting Collection Specialist roles in Indianapolis, IN. This company focuses on providing logistics and transportation solutions. As a Collection Specialist here, you will work to ensure timely and efficient collection of payments. Ryder System operates across the U.S., with a major presence in Indianapolis.
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That's Good HR, Inc.
Average Salary: $40,667
That's Good HR, Inc. in Indianapolis is looking for skilled Collection Specialists. This company specializes in human resources services. As a Collection Specialist, you will manage accounts and ensure timely payment collection. That's Good HR, Inc. operates locally in Indianapolis, offering a supportive work environment.
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TruGreen
Average Salary: $39,429
TruGreen hires Collection Specialists in Indianapolis, IN. Known for lawn care services, TruGreen needs professionals to manage billing and collections. Working here means you will handle accounts and ensure prompt payments. TruGreen has locations across the U.S., with operations in Indianapolis.
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BC
Average Salary: $39,165
BC offers Collection Specialist jobs in Indianapolis. This company works in various industries, including finance and services. As a Collection Specialist, you will focus on collecting payments and maintaining customer accounts. BC operates in Indianapolis, providing a stable job opportunity.
What are the best paying Collection Specialist related jobs in Indianapolis, IN?

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Account Executive, Key Accounts
Average Salary: $106,244
These professionals maintain strong relationships with clients. They often work for companies like Salesforce and IBM. They ensure the clients' needs are met and foster long-term business relationships.
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Credit Collections Manager
Average Salary: $75,000
This role focuses on recovering debts. It involves working with businesses and individuals to settle owed amounts. Companies such as American Express and Chase Bank hire for this position.
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Credit Analyst
Average Salary: $65,691
Credit analysts assess the creditworthiness of clients. They use financial information to make lending decisions. Popular employers include Wells Fargo and JPMorgan Chase.
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Account Associate
Average Salary: $53,285
This position involves managing accounts and ensuring clients meet their financial obligations. Companies like Accenture and Deloitte often hire for these roles.
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Accounts Receivable Specialist
Average Salary: $47,727
This role ensures that invoices are paid on time. They monitor accounts and follow up with clients. Employers such as Amazon and Walmart seek candidates for this position.
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Billing Specialist
Average Salary: $46,731
Billing specialists create and send invoices to clients. They need to ensure accuracy in billing. Companies like AT&T and Verizon hire for these positions.
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Accounts Payable Clerk
Average Salary: $45,966
They handle outgoing payments to vendors and suppliers. Attention to detail is crucial. Employers like General Electric and Boeing look for skilled clerks.
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Patient Access Specialist
Average Salary: $40,935
This role helps patients check in and register for medical services. They coordinate with insurance companies to ensure proper billing. Hospitals like Indiana University Health and Community Health Network hire for these roles.
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Data Collector
Average Salary: $36,875
Data collectors gather and organize information. They ensure data accuracy and integrity. Employers include research firms like Ipsos and Nielsen.
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Customer Service Representative
Average Salary: $36,366
They assist customers with inquiries and resolve issues. They work for a wide range of companies like Apple and Comcast, ensuring customer satisfaction.
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