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Collateral Protection Insurance Jobs in Illinois

AVP, Construction

Chicago, IL · On-site +1

$150K - $190K/yr

Assesses insurance and related financial risk and structures appropriate loss sensitive program to ... protect against frequency, severity, catastrophic and credit risk * Underwrites prices and prepares ...

Loan Servicing Specialist III

Marion, IL · On-site

$17.13 - $19.69/hr

This includes maintaining collateral insurance coverage, tracking and perfecting collateral ... All employees are expected to protect the information and assets of the organization through ...

AVP, Construction

Chicago, IL · On-site +1

$150K - $190K/yr

Assesses insurance and related financial risk and structures appropriate loss sensitive program to ... protect against frequency, severity, catastrophic and credit risk * Underwrites prices and prepares ...

Loan Servicing Specialist III

Marion, IL · On-site

$17.13 - $19.69/hr

This includes maintaining collateral insurance coverage, tracking and perfecting collateral ... All employees are expected to protect the information and assets of the organization through ...

This includes maintaining collateral insurance coverage, tracking and perfecting collateral ... Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is ...

Loan Quality Specialist I

Marion, IL · On-site

$15.44 - $17.36/hr

All employees are expected to protect the information and assets of the organization through ... This includes maintaining collateral insurance coverage, tracking and perfecting collateral ...

... collateral management, borrowing base administration, and servicing activities. This role ensures ... Medical, Dental, Vision, and Life Insurance * Paid Sick Leave, 3 weeks' Vacation, and Holidays ...

Basic term and optional term life insurance * Short-term and long-term disability * Pregnancy ... other factors protected under applicable law. E-Verify U.S. Bank participates in the U.S.

Showing results 41-60

Collateral Protection Insurance information

What is the difference between Collateral Protection Insurance vs Insurance Adjuster?

AspectCollateral Protection InsuranceInsurance Adjuster
CredentialsTypically requires licensing or certification in insuranceRequires state licensing and adjuster certification
Work EnvironmentOffice, field inspections, claims processingField inspections, claims assessment, office work
Employer & IndustryInsurance companies, lenders, auto dealershipsInsurance companies, independent agencies
Search & Comparison IntentUnderstanding coverage for financed assetsEvaluating claim adjustments and settlement processes

Collateral Protection Insurance focuses on insuring financed assets like vehicles, often used by lenders. Insurance Adjusters assess claims and determine payouts. While both roles involve insurance, they serve different functions within the industry.

What is collateral protection insurance?

Collateral Protection Insurance (CPI) is a type of insurance policy that lenders purchase to protect themselves against loss or damage to property used as collateral for a loan, such as vehicles or real estate, when the borrower fails to maintain adequate insurance. If a borrower’s insurance lapses or is insufficient, the lender may buy CPI and charge the premium to the borrower. This coverage ensures the lender’s financial interest is safeguarded, but it may not provide the same coverage or benefits as standard borrower-acquired insurance.

What are some common challenges faced by professionals working in collateral protection insurance and how can they be addressed?

Professionals in Collateral Protection Insurance often encounter challenges such as managing high volumes of policy tracking, dealing with incomplete borrower information, and ensuring regulatory compliance. Overcoming these obstacles requires strong organizational skills, proficiency with specialized CPI software, and effective communication with lenders and borrowers. Staying updated on industry regulations and participating in ongoing training can also help professionals navigate these complexities and deliver excellent service.

What are the key skills and qualifications needed to thrive as a collateral protection insurance specialist?

To thrive as a Collateral Protection Insurance Specialist, you need a solid understanding of insurance principles, financial regulations, and risk assessment, often supported by a degree in finance, business, or a related field. Familiarity with insurance management software, loan servicing platforms, and relevant certifications such as an insurance license are typically required. Outstanding attention to detail, analytical thinking, and strong communication skills help professionals excel when analyzing policies and interacting with clients or stakeholders. These skills ensure accurate policy administration, regulatory compliance, and effective risk mitigation for lenders and their clients.

What job categories do people searching Collateral Protection Insurance jobs in Illinois look for?

The top searched job categories for Collateral Protection Insurance jobs in Illinois are:

What cities in Illinois are hiring for Collateral Protection Insurance jobs?

Cities in Illinois with the most Collateral Protection Insurance job openings:

$61K - $76K/hr

Full-time

Medical, Dental, Life, Retirement, PTO

Re-posted 8 days ago


Job description

Who We Are: It all starts with purpose.

We are a purpose-driven nonprofit with a dynamic staff culture.

With a meaningful purpose, motivated staff, and excellent benefits, working here will definitely have you smiling! The ADA’s headquarters is located in one of Chicago’s most iconic buildings, designed by a world-renowned architectural firm, and is close to public transportation.  With more than 350 colleagues, the ADA Staff are some of the most talented people in the Chicago, Washington D.C., and Boston area.

We were named a 2024 Best-in-Class Employer By Gallagher and Top Workplace by the Chicago Tribune in 2019 and 2021! Come join our team!

Job Responsibilities:

The Marketing Specialist is responsible for increasing the revenue potential of the Sales Enablement team by executing, measuring, and reporting on marketing initiatives for ADA Store, ADA Continuing Education, ADA Seal and ADA members insurance. This includes marketing to industry partners as well as individual practices. This role handles key stages of promotional campaigns to streamline team workflows, ensuring projects are delivered on schedule and within budget.

The Marketing Specialist also develops select promotions from concept through execution, monitoring progress toward short- and long-term goals to increase team productivity and helping ensure divisional goals are met or exceeded. Duties include:

  • Schedule and coordinate promotions planned by marketing managers, such as emails, mailers, ads, articles, and social media campaigns
  • Monitor performance of emails and share results with the team; may occasionally lay out and deploy select emails in HubSpot or other system to support digital manager
  • Coordinate tradeshow booths and other sales activities – create flyers, signs, slide decks and other collateral, compile and ship materials
  • Ensure high quality communications by proofreading promo content and reviewing images
  • Maintain team’s asset library of text, photo and video content
  • Track and report marketing expenses, create summary reports of select sales data

Must Have:

  • Bachelor's degree or experience in lieu of degree
  • 3 years of experience setting and following deadlines, planning and advancing projects, setting up meetings and emailing professionally with groups, and collaborating within a team; 7 years of experience in lieu of degree
  • Some experience working on marketing promotions and/or sales collateral
  • Some experience with print or digital marketing practices, basic graphic and web design, or email production
  • Excellent written and verbal communication, project management, listening, facilitation, prioritization, collaboration, and critical thinking skills
  • Must be a self-starter and results-focused
  • Intermediate experience in Microsoft Word and Excel, basic experience in PowerPoint
  • Travel once per year for 1-3 nights to dental tradeshows
  • Position may occasionally require before or after-hours work

Nice to Have:

  • Degree in Marketing, Communications, English or similar field
  • Experience in/with strategic multichannel marketing
  • Familiarity with HubSpot, Marketo, Pardot, or a similar marketing automation platform
  • Understanding of print production and mail
  • Familiarity with Salesforce or other CRM system or large database

Just a few of the benefits offered to employees:

  • Promotes Work/Life Balance
  • Hybrid Work Schedule (3 days from home)
  • Health insurance/ dental reimbursement plan
  • Ample Paid time off
  • 401(k) 
  • Flexible Spending Account
  • Life insurance
  • Tuition reimbursement
  • Paid Parental Leave
  • Pet Insurance
  • Student Loan Refinance
  • 2 days off to work at a charity event of your choice 

The ADA values a variety of backgrounds and experiences and is committed to providing equal employment opportunities to qualified job candidates. The ADA is an equal opportunity employer of protected veterans and individuals with disabilities. All qualified applicants will receive consideration for employment in open positions without regard to race, ethnicity, gender, color, religion, sex, age, marital status, ancestry, citizenship, physical or mental disability, medical condition, veteran status or any other characteristic.

The American Dental Association is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance or accommodations due to a disability, please let us know at recruiting@ada.org

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.