Occupations/43-3011.00

Bill and Account Collectors

Locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer's account, preparing statements to credit department if customer fails to respond, initiating repossession proceedings or service disconnection, and keeping records of collection and status of accounts.

High school

Usually a high school diploma, plus some experience or short training.

AI automation risk

81%

Higher automation risk

Human characteristics

27%

Fewer uniquely human demands

Task orientation

71%

Higher automation risk

A day in this job

  • Mostly human

    Advise customers of necessary actions and strategies for debt repayment.

  • Mostly routine

    Record information about financial status of customers and status of collection efforts.

  • Mostly routine

    Locate and monitor overdue accounts, using computers and a variety of automated systems.

Split from the wording of these tasks, shown next to the occupation’s AI risk. It is not a separate score for each task, and it is not a forecast that the job disappears.

Core tasks

  1. 01Record information about financial status of customers and status of collection efforts.
  2. 02Locate and notify customers of delinquent accounts by mail, telephone, or personal visits to solicit payment.
  3. 03Locate and monitor overdue accounts, using computers and a variety of automated systems.
  4. 04Arrange for debt repayment or establish repayment schedules, based on customers' financial situations.
  5. 05Advise customers of necessary actions and strategies for debt repayment.
  6. 06Answer customer questions regarding problems with their accounts.

Model drivers (O*NET 1–5)

  • Repeating same tasks4.30
  • Degree of automation2.86
  • Time sitting4.64
  • Originality (ability)2.50
  • Conflict situations3.57
  • Hands-on objects/tools2.12
  • Outdoors / weather1.17
  • Disease exposure1.31
  • Decision freedom3.24

Top abilities

  • Oral Expression3.75
  • Oral Comprehension3.75
  • Written Comprehension3.62
  • Speech Recognition3.62
  • Speech Clarity3.62
  • Written Expression3.50
  • Near Vision3.25
  • Selective Attention3.00

Essential skills

  • Reading Comprehension3.12
  • Active Listening3.88
  • Writing3.25
  • Speaking3.88
  • Mathematics2.62
  • Science1.00
  • Critical Thinking3.12
  • Active Learning2.88
  • Learning Strategies2.12
  • Monitoring3.00

CIP matches

52.0803Banking and Financial Support Services

Schools offering related programs

12 of 67 shown

Earnings are College Scorecard medians for that program, 1 and 2 years after completion. A dash means the Department suppressed the cell or the campus is not in the field file.

InstitutionProgramTuitionAdmitGrad 6-yrEarnings

Massachusetts Institute of Technology

Cambridge, MA · Private nonprofit

Banking and Financial Support Services

52.0803

$60,1004%96%

1 yr $101,964

2 yr $88,198

Master's · CIP 52.08

Georgetown University

Washington, DC · Private nonprofit

Banking and Financial Support Services

52.0803

$65,40012%95%

1 yr $92,505

2 yr $85,538

Bachelor's · CIP 52.08

Boston University

Boston, MA · Private nonprofit

Banking and Financial Support Services

52.0803

$65,20014%89%

1 yr $91,744

2 yr $84,653

Master's · CIP 52.08

New York University

New York, NY · Private nonprofit

Banking and Financial Support Services

52.0803

$60,40012%88%

1 yr —

2 yr $84,653

Bachelor's · CIP 52.08

Northeastern University

Boston, MA · Private nonprofit

Banking and Financial Support Services

52.0803

$63,2007%91%

1 yr $75,413

2 yr $75,518

Bachelor's · CIP 52.08

Howard University

Washington, DC · Private nonprofit

Banking and Financial Support Services

52.0803

$33,20053%65%

1 yr $73,852

2 yr $72,214

Bachelor's · CIP 52.08

University of Southern California

Los Angeles, CA · Private nonprofit

Banking and Financial Support Services

52.0803

$68,20012%92%

1 yr $72,671

2 yr $74,576

Master's · CIP 52.08

The University of Texas at Austin

Austin, TX · Public

Banking and Financial Support Services

52.0803

$11,70031%88%

1 yr $72,588

2 yr $70,680

Bachelor's · CIP 52.08

University of Illinois Urbana-Champaign

Champaign, IL · Public

Banking and Financial Support Services

52.0803

$17,50045%85%

1 yr $71,619

2 yr $71,935

Bachelor's · CIP 52.08

University of Washington-Seattle Campus

Seattle, WA · Public

Banking and Financial Support Services

52.0803

$12,60048%84%

1 yr $64,672

2 yr $63,898

Bachelor's · CIP 52.08

Pennsylvania State University-Main Campus

University Park, PA · Public

Banking and Financial Support Services

52.0803

$19,60055%86%

1 yr $63,972

2 yr $65,013

Bachelor's · CIP 52.08

University of Wisconsin-Madison

Madison, WI · Public

Banking and Financial Support Services

52.0803

$11,20049%89%

1 yr $63,228

2 yr $65,029

Bachelor's · CIP 52.08