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Collateral Protection Insurance Jobs in Maryland

Target Analyst Reporter 2

Annapolis, MD · On-site

$57.97 - $78.52/hr

Familiar with SIGINT and collateral report repositories and demonstrates the incorporation of ... Insurances * Optional Identity Theft and Legal Protection Services Company Environment & Perks

Familiar with SIGINT and collateral report repositories and demonstrates the incorporation of ... Insurances * Optional Identity Theft and Legal Protection Services Company Environment & Perks

Familiar with SIGINT and collateral report repositories and demonstrates the incorporation of ... Insurances * Optional Identity Theft and Legal Protection Services Company Environment & Perks

Conduct research and analysis of collection and collateral data to develop targets of interests and ... Insurances * Optional Identity Theft and Legal Protection Services Company Environment & Perks

Assists in the development of technical collateral, quotes, schedules, and other submittals as ... Life Insurance, Short and Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP ...

Conduct research and analysis of collection and collateral data to develop targets of interests and ... Insurances * Optional Identity Theft and Legal Protection Services Company Environment & Perks

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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?

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 (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 Maryland? For Collateral Protection Insurance jobs in Maryland, the most frequently searched job titles are:
What job categories do people searching Collateral Protection Insurance jobs in Maryland look for? The top searched job categories for Collateral Protection Insurance jobs in Maryland are:
What cities in Maryland are hiring for Collateral Protection Insurance jobs? Cities in Maryland with the most Collateral Protection Insurance job openings:
Infographic showing various Collateral Protection Insurance job openings in Maryland as of July 2026, with employment types broken down into 88% Full Time, 9% Part Time, 2% Temporary, and 1% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution.
Consumer Loan Servicing Representative

Consumer Loan Servicing Representative

NASA Federal Credit Union

Upper Marlboro, MD • On-site

$18.75 - $23.75/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 6 days ago

New


Job description

NASA Federal Credit Union is in search of a Consumer Loan Servicing Representative (CLSR) to join NASA Federal Credit Union and help members with their consumer lending needs through responsive, accurate support by phone, mail, and email. In this role, you'll maintain loan servicing records, while serving as a liaison for member and branch transaction questions.  The CLSR will post payments and payoffs, process credit protection claims, loan corrections, SCRA-related updates, GAP insurance activity, and account transfers.  This role will also perform credit bureau reporting and corrections, and vehicle collateral file maintenance.

Essential Duties and Responsibilities: include the following with other duties as assigned.

  • Remains cognizant of and adheres to Credit Union policies and procedures, and regulations pertaining to the Bank Secrecy Act. 
Level I:
  • Answers incoming telephone calls.
  • Responds to internal and external email communications.
  • Picks up and delivers all Loan Servicing incoming mail.
  • Handles all internal/external member inquiries pertaining to documents (including court/subpoena research).
  • Tracks and fulfills all research and copy requests.
  • Completes written Verifications of Deposit.
  • Processes all online SSI and Medicaid Account Verifications.
  • Scans and indexes documents to Synergy.
  • Quality Controls 10% of all scanned documents indexed in Synergy.
  • Coordinates destruction of sensitive documents with the Facilities Department.  
  • Verifies accuracy of 10% of new loans and critical fields; completes corrections as needed.
  • Orders consumer loan coupon books and Cashline Checks.
  • Inputs phone pay requests into database and mails confirmation letters.
  • Processes "Skip A Payments".
  • Sets-up Automatic Payment Transfers upon request.
  • Reviews EFT setup for accuracy.
  • Processes Payoff Requests for all Consumer loan types.
  • Posts payments to all Consumer loan types.
  • Forwards all vehicle insurance to third party vendor for tracking.
  • Issues Vehicle Lien Release Letters.
  • Posts life/disability/unemployment credit protection payments.
  • May be in training to learn the job duties of the Consumer Loan Servicing Representative II position.
Level II: Includes all responsibilities of Level I and the following:
  • Responsible for Consumer loan research and corrections.
  • Responsible for the e-LoanServicing Touch Point email queue.
  • Responsible for monitoring Collateral Protection Insurance (CPI) reports.
  • Processes manual CPI premiums and refunds on restricted accounts/paid in full.
  • Submits CPI Loan Maintenance Requests online with third party vendor to cancel tracking for total loss and paid in full vehicles.
  • Submits CPI claims for payment; posts payouts.
  • Releases titles on paid vehicle loans.
  • Completes and returns all insurance total loss letters of guarantee.
  • Responsible for insurance total loss follow-up on outstanding claims.
  • Responsible for mailing deficiency notification/GAP notification to member.
  • Responsible for processing internal GAP claims and assists members with external claims.
  • Processes GAP remittance monthly.
  • Responsible for account transfers due to security breach or removal of member from account.
  • Processes incoming garnishments, liens, and levies.
  • Responsible for submitting garnishment answers to court/agency and disburses funds post-judgment.
  • Serves as CUSC (student loan) liaison.  Responsible for account specific servicer requests as well as verification of monthly reporting.
  • Researches and submits new life/disability/unemployment credit protection claims.
  • Reviews daily, weekly, and monthly reports.
  • May also be responsible for all or part of the duties of the Consumer Loan Servicing Representative I position.
  • May be in training to learn the job duties of the Consumer Loan Servicing Representative III position.
Level III: Includes all responsibilities of Level I and II and the following:
  • Maintains loans under the Servicemember's Civil Relief Act (SCRA).
  • Processes state to state and name change vehicle title requests.
  • Researches and processes lien placement with the department of motor vehicle on escalated/defaulted collateral.
  • Reviews pending title reports and makes applicable collateral updates to loan documentation or system information.
  • Processes FCON report and uploads all requested documents to third party vehicle title management site.
  • Reviews unmatched vehicle title report and adds loans in third party title management site as needed.
  • Serves as main Credit Union contact for all deceased accounts.
  • Reviews all deceased documentation; communicates with attorney/administrator/beneficiaries.
  • Offsets outstanding deceased loans if appropriate to Credit Union guidelines.
  • Files estate claims for outstanding loans.
  • Disburses share funds to beneficiary/estate.
  • Assists joint members with ownership changes to deceased membership accounts.
  • Reviews lines of credit for adverse action or individual ownership.
  • Obtains IRA beneficiary paperwork and services as a liaison for payouts.
  • May also be responsible for all or part of the duties of the Consumer Loan Servicing Representative I and II positions.
  • Has a thorough knowledge of FCRA; responsible for credit bureau reporting, disputes and corrections.
Education and Experience:
Level I:
  •  A high school diploma or general education degree (GED).
 
Level II: Includes all responsibilities of Level I and the following
  • A high school diploma or general education degree (GED) and one to three years relevant experience required.   
 
Level III: Includes all responsibilities of Level I and II and the following
  • A high school diploma or general education degree (GED) and two to five years relevant experience required.
  • Strong knowledge of consumer loan systems, car title procedures, credit union and governmental agency regulations and policies.
Our Generous Benefit Package Includes:

NASA Federal Credit Union offers an array of benefits including comprehensive healthcare, 401(k), paid leave, remote work options for applicable positions, and more.

+Insurance coverage begins the 1st day of the month, following 30 days after hire date.

*100% Credit Union-Paid

Full-Time Employee Benefits:

  • Salary: $42,500 - $70,625 / Annually
  • 401(k) with employer match up to 6% and immediate 100% vesting
  • Gain Sharing Bonus (eligibility rules apply)*Health Insurance (Choice of two nationwide PPO plans)
  • High-Deductible Plan: 100% employer contribution toward premium. (HSA and FSA compatible)+*
  • Low-Deductible Plan: Generous employer contribution toward premium. (FSA compatible)+
  • Dental Insurance: Generous employer contribution toward premium (HSA and FSA compatible)+
  • Vision Insurance: Generous employer contribution toward premium (HSA and FSA compatible)+
  • Long-term Disability Insurance+*
  • Flexible Spending Medical Account (FSA)+
  • Flexible Spending Dependent Care Account+
  • Health Savings Account (HSA)+
  • Voluntary Supplemental Employee and Dependent Life Insurance+
  • Voluntary Short-term Disability Insurance+
  • Remote or Remote / Hybrid work options based on position
  • Life Insurance/AD&D+*
  • Vacation Leave (excluding Outside Loan Officers)
  • Sick and Safe Leave
  • 11 Paid Holidays
  • Education Assistance
  • Employee Referral Bonus*
  • Credit Union Membership Eligible
  • Employee Assistance Program+*
  • Identity Theft Protection (Additional premiums to add family members)+*
  • Pet Insurance
  • Employee Discount Program
  • Remote or Remote / Hybrid work options based on position

All benefits are based on meeting NASA Federal Credit Union's eligibility requirements and the carrier's terms and conditions. 

                                                                              WE'RE STRONGER TOGETHER

At NASA Federal Credit Union, we strive to ensure a culture of collaboration, inclusion, and opportunity where everyone can feel valued, appreciated, and respected. We commit to recruit and retain a diverse team with the best talents to live our vision, mission, and values. We recognize that respecting different perspectives and experiences makes us stronger together.

Posted: 7.10.2026
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
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