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Collateral Protection Insurance Jobs in Ohio (NOW HIRING)

Axos Bank

Sr. Collector

Cincinnati, OH · On-site +1

$70K - $80K/yr

Perform financial and collateral analysis for due diligence and evaluate loan repayment ability ... Medical, Dental, Vision, and Life Insurance * Paid Sick Leave, 3 weeks' Vacation, and Holidays ...

Axos Bank

Sr. Collector

Cincinnati, OH · On-site

$70K - $80K/yr

Perform financial and collateral analysis for due diligence and evaluate loan repayment ability ... Medical, Dental, Vision, and Life Insurance * Paid Sick Leave, 3 weeks' Vacation, and Holidays ...

Chase

Credit Support Specialist, Analyst

Columbus, OH · On-site

... insurance certificates, and UCC searches * Ensure completeness of loan package and forward to WLS ... Coordinate with WLS partners for the release, substitution or addition of collateral Experience:

Qualus

Estimator

Cincinnati, OH

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 ...

Qualus

Senior Estimator

Cincinnati, OH

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 ...

K2 Group Inc.

$133K - $183K/yr

Be a functional/ multidisciplined expert with skills encompassing collateral, Special Access ... Medical/ Dental/ Vision Insurance; FSA Medical & FSA Dependent Care; Pre-tax 401(k) & ROTH 401(k) ...

K2 Group

$133K - $183K/yr

Be a functional/ multidisciplined expert with skills encompassing collateral, Special Access ... Medical/ Dental/ Vision Insurance; FSA Medical & FSA Dependent Care; Pre-tax 401(k) & ROTH 401(k) ...

US Bank

Senior Field Examiner

Cincinnati, OH · On-site

$119K - $140K/yr

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.

Huntington

CRE Loan Closing Specialist - Senior

Columbus, OH · On-site

$53K - $67K/yr

... concepts, collateral acceptability, and final closing conditions. Expertise in review and ... Orders and reviews due diligence such as flood determinations, insurance, title commitments, and ...

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Showing results 21-40

All JobsCollateral Protection Insurance JobsCollateral Protection Insurance Jobs in Ohio

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 are popular job titles related to Collateral Protection Insurance jobs in Ohio? For Collateral Protection Insurance jobs in Ohio, the most frequently searched job titles are:
What job categories do people searching Collateral Protection Insurance jobs in Ohio look for? The top searched job categories for Collateral Protection Insurance jobs in Ohio are:
What cities in Ohio are hiring for Collateral Protection Insurance jobs? Cities in Ohio with the most Collateral Protection Insurance job openings:
Collateral Protection Insurance jobs near you

Relationship Manager III

First Merchant's Bank

Columbus, OH • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 27 days ago

First Merchants Bank rating

7.8

Company rating: 7.8 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

89th of 170 rated banks

Job description

First Merchants Bank is seeking a Relationship Manager III to join our team! This position will effectively carry out the relationship management process by growing market share, broadening revenue mix, retaining customers and managing portfolios.
Essential Duties and Responsibilities:
  • Implement an aggressive sales and marketing strategy to develop new and existing relationships.

    • Identify and develop prospects into significant new relationships with yearly goals for income production.
    • Aggressive sales call plan which aligns with established goals.
    • Cross sell opportunities.
    • Ensure bank reporting tool is utilized for reporting progress.

  • Provide exceptional customer service; be responsive, knowledgeable and exceed customer expectations.
  • Continually monitor current loans and customer's credit profile to ensure complete conformity with terms.

    • Ensure current credit and financial information is obtained as needed and/or that collateral is adequate.
    • Review financials with customers and provide expert advice as necessary.
    • Direct accountability for loss prevention; determine necessary action to be taken on all loans, includes resolving marginal and delinquent loans.
    • Remain cognizant of developing trends.

  • Extend credit within assigned limits to commercial customers.

    • Interview applicants and obtain information concerning their business needs, abilities and earnings, and assess credit risk.
    • Obtain and analyze pertinent financial data or appraise the adequacy of collateral pledged.
    • Review, validate and/or approve letters of credit.

  • Support employee development and training, counsel, motivate, coach, mentor and provide leadership.

To be successful in this position we require the following:
  • Bachelor's degree in business or related field OR associate degree/two (2) years of college + two (2) years of related work/military experience OR four (4) years of related work/military experience (plus any additional required experience listed below).
  • Five (5) or more years of commercial banking experience.

The following would be a plus:
  • Master's degree in business administration (MBA).
  • Credit analyst experience.
  • Completion of a respected banking school.

First Merchants offers the following:
  • Base Pay PLUS Bonuses
  • Medical, Dental and Vision Insurance
  • 401k
  • Health Savings and Flexible Spending Accounts
  • Vacation/Sick Time
  • Paid Holidays
  • Paid Parental Leave
  • Tuition Reimbursement
  • Additional Benefits

A little about us:
First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.
Our Vision is:
To enhance the financial wellness of the diverse communities we serve.
Our Mission is:
To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.
Our Team:
"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."
Apply today to begin your career with us!
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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