1

Collateral Protection Insurance Jobs in Ohio (NOW HIRING)

Repossession Processor

Cincinnati, OH · On-site

$20 - $26.39/hr

Performs a variety of support and oversight to the physical repossession and collateral liquidation ... Basic term and optional term life insurance * Short-term and long-term disability * Pregnancy ...

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.

Repossession Processor

Cincinnati, OH · On-site

$20 - $26.39/hr

Performs a variety of support and oversight to the physical repossession and collateral liquidation ... Basic term and optional term life insurance * Short-term and long-term disability * Pregnancy ...

Repossession Processor

Saint Bernard, OH · On-site

$20 - $26.39/hr

Performs a variety of support and oversight to the physical repossession and collateral liquidation ... Basic term and optional term life insurance * Short-term and long-term disability * Pregnancy ...

Field Examiner

Cincinnati, OH · On-site

$98K - $115K/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.

Repossession Processor

Cincinnati, OH · On-site

$20 - $26.39/hr

Performs a variety of support and oversight to the physical repossession and collateral liquidation ... Basic term and optional term life insurance * Short-term and long-term disability * Pregnancy ...

CRE Loan Closing Specialist - Senior

Cleveland, OH · On-site

$55K - $69K/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 ...

CRE Loan Closing Specialist - Senior

Columbus, OH · On-site

$55K - $69K/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 ...

... product collateral or resources. * Collaborate with vendors and manufacturers to obtain product ... Legal assistance and identity protection * Pet insurance * Employee assistance program (EAP) QXO is ...

Provide day-to-day security support for classified programs, including Collateral, Sensitive ... Pet Insurance HX5, LLC is an Equal Opportunity Employer that recruits and hires qualified ...

ICG Middle Office Support Banker

Cincinnati, OH · On-site

$16.25 - $21/hr

Apply working knowledge of credit and collateral monitoring to identify issues or irregularities ... Basic term and optional term life insurance * Short-term and long-term disability * Pregnancy ...

next page

Showing results 1-20

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 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:
Repossession Processor

Repossession Processor

U.S. Bank

Cincinnati, OH • On-site

$20 - $26.39/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 22 days ago


U.S. Bank rating

8.2

Company rating: 8.2 out of 10

Based on 358 frontline employees who took The Breakroom Quiz

44th of 149 rated banks


Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.
Job Description
Performs a variety of support and oversight to the physical repossession and collateral liquidation processes for the bank; requiring thorough knowledge of consumer banking, specifically default operations, programs and practices.
Duties may include validation of, and managing daily controls and escalating associated findings (including regulatory, risk, financial, and operational); support repossession providers in effectiveness measures; management of physical collateral across the United States, in both impounded and repossessed situations; root cause and investigation into account issues; customer correspondence creation and validation (regulatory); consumer titling oversight; sales coordination with internal and external partners - including internal and external legal counsel.
Basic Qualifications
- High school diploma or equivalent
- Typically four or more years of clerical and customer service experience
Preferred Skills/Experience
-Collections or mortgage servicing experience
- Thorough knowledge of products, services, terminology, procedures and systems related to assigned area
- Strong customer service skills
- Ability to manage multiple projects and deadlines simultaneously while maintaining a high level of customer service
- Ability to independently identify and resolve complex problems
- Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
- Effective verbal and written communication skills
Location expectations
This role requires working from a U.S. Bank location three (3) or more days per week.
If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.
Benefits:
Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)
  • Basic term and optional term life insurance
  • Short-term and long-term disability
  • Pregnancy disability and parental leave
  • 401(k) and employer-funded retirement plan
  • Paid vacation (from two to five weeks depending on salary grade and tenure)
  • Up to 11 paid holiday opportunities
  • Adoption assistance
  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $20.00 - $26.39
U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.

What U.S. Bank employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


U.S. Bank logo

About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

Social media