Optum Collection Specialist Salaries by 5 Employees (Updated 2024)

1 - 7 years exp.

₹3 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

At par with the average Collection Specialist Salary in Hardware & Networking Companies for 1 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations Collection Specialist Salary 3 - 7 years exp. (3 salaries)	₹6 L/yr - ₹8 L/yr
IT & Information Security Collection Specialist Salary 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Healthcare & Life Sciences Collection Specialist Salary 1 year exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 20 Jul 2024

Companies similar to Optum for Collection Specialist

Company name	Avg Annual Salary	Open Jobs
Cognizant Collection Specialist Salary 6 - 8 years exp. (4 salaries)	₹5.9 L/yr - ₹6.6 L/yr 12% more
Accenture Collection Specialist Salary 0 - 10 years exp. (20 salaries)	₹1.8 L/yr - ₹7.9 L/yr 8% less
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HCLTech Collection Specialist Salary 5 - 12 years exp. (4 salaries)	₹4 L/yr - ₹5.5 L/yr 16% less
IBM Collection Specialist Salary 2 - 6 years exp. (3 salaries)	₹2.9 L/yr - ₹6 L/yr 30% less
Deloitte Collection Specialist Salary 1 - 7 years exp. (4 salaries)	₹6.5 L/yr - ₹9.5 L/yr 38% more
HSBC Group Collection Specialist Salary 2 - 6 years exp. (4 salaries)	₹3.8 L/yr - ₹5.5 L/yr 28% less
Oracle Collection Specialist Salary 1 - 17 years exp. (3 salaries)	₹3 L/yr - ₹17 L/yr 49% more

Collection Specialist salary at Optum ranges between ₹3 Lakhs to ₹8 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Optum.

Experience wise Optum Collection Specialist salaries

Last Updated: 20 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
6 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
7 years (AmbitionBox Estimate)	₹8 L/yr - ₹8 L/yr

View all

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₹3.5 L/yr - ₹5 L/yr

Top skills at Optum for Collection Specialist

ERP Cash Flow Billing Oracle Financials Stakeholder Management Account Management Excel Reconciliation DSO PeopleSoft

Salary related reviews for Optum

Senior Process Associate in Chennai

Full Time

Healthcare & Life Sciences Department

4.0

• posted on 05 Aug 2023

3.0

for Salary and Benefits

Likes

This is the safe and secure company. If u want to learn new things daily. Then Optum is a tutor. If you want to stick with a process, then Optum is a companion

Dislikes

......... Saturday working - During high volume, they insist us to work Saturday's. But it cost normal one day salary.... Not a double salary or neithet excess allowances.

Analyst in Hitech City Beside Dell Office Phoenix Building Site 2

Full Time

Healthcare Department

5.0

• posted on 07 Jul 2020

5.0

for Salary and Benefits

Likes

...ia, gaming arcade for chilling and gym. Coming to shift allowances is very good.salary hike is also there every year.If you get a permanent you will get these all benefits.

Dislikes

They are not hiring B.tech people even not allowing for interview. I am trying through contract from 1 year onwards but no use

Process Associate in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

4.0

• posted on 03 May 2022

3.0

for Salary and Benefits

Likes

Management and culture is the best thing and good mentors.

Dislikes

Company is very good, but needs to also take care regarding pay and benefits to employees. In this compititive corporate sector their are many other companies which are now back in track so to grab large market it should definitely look into pay grade changes.

Process Associate in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

4.0

• posted on 08 Apr 2022

3.0

for Salary and Benefits

Likes

Best work location with all amenities. No work pressure untill some peak time.overall good for career growth in US healthcare Domin

Dislikes

Salary and extra benefits.. don't expect much yearly hikes..not yet all satisfied for paying structure.

Process Associate in Hitecity

BFSI, Investments & Trading Department

4.0

• posted on 22 Dec 2020

1.0

for Salary and Benefits

Likes

There will be no work pressure and the company atmosphere is quite good..

Dislikes

There will be no compensation and benefits.. salary is less and there will be less percentage in terms of hike..there will be no growth...

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Optum Collection Specialist Salary FAQs

What is the salary of Collection Specialist at Optum?

Collection Specialist salary at Optum in India ranges between ₹3.0 Lakhs to ₹8.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 1% less than the average Collection Specialist Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Optum India.

How does the salary of a Collection Specialist at Optum India compare with the average salary range for this job?

The average salary of a Collection Specialist at Optum is 1% less than the average salary of a Collection Specialist in India. To know exact salary insights, login to view.

What are the top skills required to work as a Collection Specialist at Optum?

ERP, Cash Flow, Billing, Oracle Financials and Stakeholder Management are some of the popular skills required to work as a Collection Specialist at Optum India.

Which similar companies are paying more than Optum to a Collection Specialist in India?

Oracle Collection Specialist Salary - ₹3.0 Lakhs to ₹17.0 Lakhs per year
Deloitte Collection Specialist Salary - ₹6.5 Lakhs to ₹9.5 Lakhs per year
Cognizant Collection Specialist Salary - ₹5.9 Lakhs to ₹6.6 Lakhs per year

What is the salary of a Collection Specialist in companies similar to Optum in India?

Accenture Collection Specialist Salary - ₹1.8 Lakhs to ₹7.9 Lakhs per year
HCLTech Collection Specialist Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year
HSBC Group Collection Specialist Salary - ₹3.8 Lakhs to ₹5.5 Lakhs per year
IBM Collection Specialist Salary - ₹2.9 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Collection Specialist at Optum in India?

The estimated take-home salary of a Collection Specialist at Optum ranges between ₹42,361 per month to ₹43,491 per month in India. The take-home salary calculation is based on the average Optum Collection Specialist salary in India which ranges between ₹3.0 Lakhs to ₹8.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Collection Specialist at Optum?

According to AmbitionBox, 40% of the Optum Collection Specialists reported a notice period of 2 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Optum Collection Specialist Salaries

Optum Collection Specialist salary in India ranges between ₹3 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Optum latest salaries received from various employees of Optum.

Optum Collection Specialist salaries in India

Companies similar to Optum for Collection Specialist

Latest annual salaries shared by Optum Collection Specialist

Experience wise Optum Collection Specialist salaries

Similar Designation salaries in Optum

Top skills at Optum for Collection Specialist

Salary related reviews for Optum

Senior Process Associate in Chennai

Analyst in Hitech City Beside Dell Office Phoenix Building Site 2

Process Associate in Hyderabad / Secunderabad

Process Associate in Hyderabad / Secunderabad

Process Associate in Hitecity

Optum Collection Specialist Salary FAQs

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