Additionally, the Collateral Protection Specialist I will serve as a liaison between the bank, insurance companies, and third-party tracking vendors (i.e., insurance and property taxes). Specific Job ...
Additionally, the Collateral Protection Specialist I will serve as a liaison between the bank, insurance companies, and third-party tracking vendors (i.e., insurance and property taxes). Specific Job ...
Additionally, the Collateral Protection Specialist I will serve as a liaison between the bank, insurance companies, and third-party tracking vendors (i.e., insurance and property taxes). Specific Job ...
Additionally, the Collateral Protection Specialist I will serve as a liaison between the bank, insurance companies, and third-party tracking vendors (i.e., insurance and property taxes). Specific Job ...
Commercial Loan Officer
Hammond, LA · On-site
$100K/yr
... collateral • Daily review, approval, and disposition of commercial overdrafts • Attend loan ... protected category under applicable law. Benefits: • Medical, Dental, and Vision Insurance • ...
Commercial Loan Officer
Hammond, LA · On-site
$100K/yr
... collateral • Daily review, approval, and disposition of commercial overdrafts • Attend loan ... protected category under applicable law. Benefits: • Medical, Dental, and Vision Insurance • ...
... collateral · Daily review, approval, and disposition of commercial overdrafts · Attend loan ... protected category under applicable law. Benefits: · Medical, Dental, and Vision Insurance · ...
Quick apply
... collateral · Daily review, approval, and disposition of commercial overdrafts · Attend loan ... protected category under applicable law. Benefits: · Medical, Dental, and Vision Insurance · ...
Senior Loan Assistant/Specialist
New Orleans, LA · On-site
$35K - $44K/yr
... insurance, UCCs, flood determinations, etc.) * Assist with loan boarding, funding, collateral ... other protected characteristic under applicable law. REQUIREMENTS About Nola Bank Nola Bank is a ...
Senior Loan Assistant/Specialist
New Orleans, LA · On-site
$35K - $44K/yr
... insurance, UCCs, flood determinations, etc.) * Assist with loan boarding, funding, collateral ... other protected characteristic under applicable law. REQUIREMENTS About Nola Bank Nola Bank is a ...
Senior Loan Assistant/Specialist
New Orleans, LA · On-site
$35K - $44K/yr
... insurance, UCCs, flood determinations, etc.) * Assist with loan boarding, funding, collateral ... protected characteristic under applicable law. REQUIREMENTS ABOUT THE COMPANY About Nola Bank Nola ...
Quick apply
Senior Loan Assistant/Specialist
New Orleans, LA · On-site
$35K - $44K/yr
... insurance, UCCs, flood determinations, etc.) * Assist with loan boarding, funding, collateral ... protected characteristic under applicable law. REQUIREMENTS ABOUT THE COMPANY About Nola Bank Nola ...
Evaluate collateral evaluations and appraisals within Policy and Guidelines. * Build and maintain ... Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is ...
Evaluate collateral evaluations and appraisals within Policy and Guidelines. * Build and maintain ... Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is ...
Develop marketing collateral and communication pieces, such as brochures, newsletters, programming ... Identity Theft Protection * Pet Insurance * Commuter Benefits * Employee Assistance Program
Develop marketing collateral and communication pieces, such as brochures, newsletters, programming ... Identity Theft Protection * Pet Insurance * Commuter Benefits * Employee Assistance Program
Develop marketing collateral and communication pieces, such as brochures, newsletters, programming ... Identity Theft Protection * Pet Insurance * Commuter Benefits * Employee Assistance Program
Develop marketing collateral and communication pieces, such as brochures, newsletters, programming ... Identity Theft Protection * Pet Insurance * Commuter Benefits * Employee Assistance Program
Develop marketing collateral and communication pieces, such as brochures, newsletters, programming ... Identity Theft Protection * Pet Insurance * Commuter Benefits * Employee Assistance Program
Develop marketing collateral and communication pieces, such as brochures, newsletters, programming ... Identity Theft Protection * Pet Insurance * Commuter Benefits * Employee Assistance Program
Develop marketing collateral and communication pieces, such as brochures, newsletters, programming ... Identity Theft Protection * Pet Insurance * Commuter Benefits * Employee Assistance Program
Quick apply
Develop marketing collateral and communication pieces, such as brochures, newsletters, programming ... Identity Theft Protection * Pet Insurance * Commuter Benefits * Employee Assistance Program
Loan Processor - Home Loans (NOLA)
New Orleans, LA · On-site
$18 - $24/hr
... Mortgage Insurance, and internal Credit Union guidelines as well as meeting all regulatory ... Knowledge of credit and collateral underwriting guidelines and rules and regulations governed by ...
Loan Processor - Home Loans (NOLA)
New Orleans, LA · On-site
$18 - $24/hr
... Mortgage Insurance, and internal Credit Union guidelines as well as meeting all regulatory ... Knowledge of credit and collateral underwriting guidelines and rules and regulations governed by ...
Medicaid Analyst 1-3(Medicaid Analyst)
$2.8K - $5.1K/mo
About this Job The mission of the Louisiana Department of Health is to protect and promote health ... health insurance field. Conducts interviews with clients and makes other necessary collateral ...
Medicaid Analyst 1-3(Medicaid Analyst)
$2.8K - $5.1K/mo
About this Job The mission of the Louisiana Department of Health is to protect and promote health ... health insurance field. Conducts interviews with clients and makes other necessary collateral ...
Medicaid Analyst 1-3(Medicaid Analyst)
Baton Rouge, LA · On-site
$2.8K - $5.1K/mo
... Health is to protect and promote health and to ensure access to medical, preventive, and ... insurance field. * Conducts interviews with clients and makes other necessary collateral contacts ...
Medicaid Analyst 1-3(Medicaid Analyst)
Baton Rouge, LA · On-site
$2.8K - $5.1K/mo
... Health is to protect and promote health and to ensure access to medical, preventive, and ... insurance field. * Conducts interviews with clients and makes other necessary collateral contacts ...
Substitute Teacher
Amite, LA · On-site
$11/hr
Take every safeguard to protect children and makes careful decisions as he/she works with them ... The incidental nature of this circumstance effectively establishes first aid as a collateral duty ...
Substitute Teacher
Amite, LA · On-site
$11/hr
Take every safeguard to protect children and makes careful decisions as he/she works with them ... The incidental nature of this circumstance effectively establishes first aid as a collateral duty ...
Substitute Teacher
Amite, LA · On-site
$11/hr
Take every safeguard to protect children and makes careful decisions as he/she works with them ... The incidental nature of this circumstance effectively establishes first aid as a collateral duty ...
Substitute Teacher
Amite, LA · On-site
$11/hr
Take every safeguard to protect children and makes careful decisions as he/she works with them ... The incidental nature of this circumstance effectively establishes first aid as a collateral duty ...
... protected. It is imperative that any collateral offered for security has KFCU listed as lienholder, the member is aware of their requirement to maintain collateral insurance, and the terms to avoid ...
... protected. It is imperative that any collateral offered for security has KFCU listed as lienholder, the member is aware of their requirement to maintain collateral insurance, and the terms to avoid ...
... protected. It is imperative that any collateral offered for security has KFCU listed as lienholder, the member is aware of their requirement to maintain collateral insurance, and the terms to avoid ...
... protected. It is imperative that any collateral offered for security has KFCU listed as lienholder, the member is aware of their requirement to maintain collateral insurance, and the terms to avoid ...
... protected. It is imperative that any collateral offered for security has KFCU listed as lienholder, the member is aware of their requirement to maintain collateral insurance, and the terms to avoid ...
... protected. It is imperative that any collateral offered for security has KFCU listed as lienholder, the member is aware of their requirement to maintain collateral insurance, and the terms to avoid ...
... protected. It is imperative that any collateral offered for security has KFCU listed as lienholder, the member is aware of their requirement to maintain collateral insurance, and the terms to avoid ...
... protected. It is imperative that any collateral offered for security has KFCU listed as lienholder, the member is aware of their requirement to maintain collateral insurance, and the terms to avoid ...
Collateral Protection Insurance information
How does collateral protection insurance work?
Collateral Protection Insurance (CPI) is used by insurance professionals to protect lenders' interests when borrowers default on auto or property loans. It provides coverage for the vehicle or asset in case of damage or theft, ensuring the lender's financial interest is maintained until the loan is paid off. Insurance agents often verify coverage and process claims to mitigate risk for lenders and borrowers alike.
What is the difference between Collateral Protection Insurance vs Insurance Adjuster?
| Aspect | Collateral Protection Insurance | Insurance Adjuster |
|---|---|---|
| Credentials | Typically requires licensing or certification in insurance | Requires state licensing and adjuster certification |
| Work Environment | Office, field inspections, claims processing | Field inspections, claims assessment, office work |
| Employer & Industry | Insurance companies, lenders, auto dealerships | Insurance companies, independent agencies |
| Search & Comparison Intent | Understanding coverage for financed assets | Evaluating 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 (CPI)?
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 (CPI) 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, and why are they important?
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 jobs pay 4000 a week without a degree?
Jobs related to collateral protection insurance, such as insurance claims adjusters or specialized underwriters, can sometimes pay around $4,000 weekly, especially with experience or in high-demand markets. These roles often require industry-specific knowledge, strong analytical skills, and sometimes licensing or certifications but do not always require a college degree.
What is the highest paying insurance agent job?
The highest paying insurance agent roles are typically in specialized areas such as high-net-worth individual insurance, commercial insurance, or executive-level positions, often earning six-figure incomes. Top agents with extensive experience, strong client networks, and advanced certifications can also earn significant commissions and bonuses, increasing their overall compensation.
What is the best paying job in insurance?
In insurance, executive roles such as Chief Underwriting Officer or Chief Risk Officer tend to be the highest paying positions, often earning six-figure salaries plus bonuses. Senior underwriters and actuarial directors also earn high salaries, especially with advanced certifications and extensive experience.
What are popular job titles related to Collateral Protection Insurance jobs in Louisiana? For Collateral Protection Insurance jobs in Louisiana, the most frequently searched job titles are:
What job categories do people searching Collateral Protection Insurance jobs in Louisiana look for? The top searched job categories for Collateral Protection Insurance jobs in Louisiana are:
What cities in Louisiana are hiring for Collateral Protection Insurance jobs? Cities in Louisiana with the most Collateral Protection Insurance job openings:
Job description
Collateral Protection Specialist I
The Collateral Protection Specialist I is responsible for protection of the bank's collateral and perform monitoring of insurance tracking (hazard, wind, hail, flood, vehicle, etc.), escrow tracking and payments, property tax tracking and payments. Additionally, the Collateral Protection Specialist I will serve as a liaison between the bank, insurance companies, and third-party tracking vendors (i.e., insurance and property taxes).
Specific Job Functions
- Review loan documents for new, increased, renewed, and extended loan requests for compliance with flood insurance regulation and procedural requirements.
- Review and analyze real estate appraisals to perform flood insurance requirements in accordance with flood insurance regulations and procedural requirements.
- Monitor and process incoming insurance documents received by the bank.
- Transmit insurance documents via secure file transfer to the bank's insurance tracking vendor.
- Communicate with insurance companies to verify continuation of insurance coverage.
- Work with banking center staff to resolve insurance tracking issues.
- Work with banking center staff to resolve non-coverage or deficient coverage issues.
- Review insurance tracking reports provided by the bank's insurance tracking vendor.
- Produce payment change notification letters when forced placed insurance policies are issued.
- Processing payment of force placed premiums.
- Processing refund of force placed premiums.
- Communicate with insurance companies for the collection premium notices for loans in which insurance is paid via escrow.
- Process insurance & property tax payments on loans with escrow.
- Communicate with tax assessors for the collection of property tax notices for loans in which property taxes are paid via escrow.
- Communicate with tax assessors for research and payment verification information.
- Monitor unpaid property tax report provided by the bank's property tax tracking vendor.
Minimum Job Requirements
- High School diploma or equivalent is required. Associates Degree in business, finance, or risk management & insurance is preferred.
- 0-2 years of property insurance experience is required.
- Must demonstrate good understanding of loan application policies and procedures, as well as documentation required by federal and state regulations.
- Must demonstrate good understanding of insurance documents (i.e., policies, applications, etc.).
- Must demonstrate strong oral and written communication skills to effectively communicate with co-workers and clients.
- Must be organized, attentive to detail, and self-disciplined to work independently.
- Proficient in computer skills and Microsoft Suite.
- Maintain a professional demeanor and dependable work ethic.
Equal Opportunity Employer/Veterans/Disabled
About b1BANK
Sourced by ZipRecruiter
Industry
Commercial banking
Company size
51 - 200 Employees
Headquarters location
Baton Rouge, LA, US
Year founded
2006