ZipRecruiter

Log In

1

Collateral Protection Insurance Jobs in Texas (NOW HIRING)

Farm Credit Bank Of Texas

... and collateral, crop insurance, and credit life insurance. Skill in oral communication and ... national origin, protected veteran status, sexual orientation, gender identity or genetic ...

Brinks Home

Marketing Specialist

Dallas, TX · Remote

Our platinum-grade protection is backed by award-winning customer service and expertly trained ... Content/Collateral * Coordinate the development and delivery of marketing content and collateral ...

Brinks Home

Marketing Specialist

Dallas, TX · On-site

Our platinum-grade protection is backed by award-winning customer service and expertly trained ... Content/Collateral * Coordinate the development and delivery of marketing content and collateral ...

Brinks Home

Marketing Specialist

Dallas, TX · Remote

Our platinum-grade protection is backed by award-winning customer service and expertly trained ... Content/Collateral * Coordinate the development and delivery of marketing content and collateral ...

Brinks Home

Marketing Specialist

Dallas, TX · Remote

Our platinum-grade protection is backed by award-winning customer service and expertly trained ... Content/Collateral * Coordinate the development and delivery of marketing content and collateral ...

Aon

Broker II, National Casualty

Farmers Branch, TX

$75K - $98K/yr

Insurance program structure planning and design of alternatives. * Prepare all marketplace ... Comparison to include changes in exposures, losses, collateral, coverage terms and conditions and ...

next page

Showing results 1-20

All JobsCollateral Protection Insurance JobsCollateral Protection Insurance Jobs in Texas

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 the highest paid job in insurance?

In insurance, executive roles such as Chief Executive Officer (CEO) or Chief Underwriting Officer tend to be the highest paid, often earning multi-million dollar compensation packages including salary, bonuses, and stock options. Senior-level positions requiring extensive industry experience, leadership skills, and advanced certifications typically command the highest salaries in the field.

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 does Collateral Protection Insurance do?

Collateral Protection Insurance (CPI) is a type of insurance that protects lenders by covering the vehicle or asset used as collateral for a loan if the borrower fails to maintain insurance coverage. It ensures the lender's interest is protected against damages or loss, often automatically purchased when a borrower’s insurance lapses. Job roles in this field may involve managing policies, verifying coverage, and working with insurance providers to mitigate risk.

What is the highest paying insurance agent job?

The highest paying insurance agent roles are typically those in specialized or high-net-worth markets, such as private client or wealth management insurance agents, who often earn higher commissions and bonuses. Experienced agents with strong sales skills, industry certifications, and a proven track record can also achieve higher incomes, especially in commercial or corporate insurance sectors.

What jobs pay 2000 a day?

High-paying jobs that can reach $2,000 a day include specialized roles such as surgeons, anesthesiologists, corporate lawyers, and senior executives. These positions often require advanced education, certifications, extensive experience, and work in high-stakes environments or industries like finance, healthcare, or law. Freelance consulting or project-based work in certain fields can also command such daily rates.
What are popular job titles related to Collateral Protection Insurance jobs in Texas? For Collateral Protection Insurance jobs in Texas, the most frequently searched job titles are:
What job categories do people searching Collateral Protection Insurance jobs in Texas look for? The top searched job categories for Collateral Protection Insurance jobs in Texas are:
What cities in Texas are hiring for Collateral Protection Insurance jobs? Cities in Texas with the most Collateral Protection Insurance job openings:
Collateral Protection Insurance jobs near you
Senior Contract Surety Underwriter

Senior Contract Surety Underwriter

IAT Insurance Group

Plano, TX • On-site

$94K - $111K/yr

Full-time

Medical, Retirement, PTO

Posted 9 days ago

Job description

IAT Insurance Group has an immediate opening for a Contract Surety Senior Underwriter located in our Plano, Texas location. This role will handle most aspects of daily interaction with assigned agents regarding new and existing accounts this includes gathering, analyzing, and evaluating all information on an account and making a recommendation or decision to the Regional Manager based on that information. This role works a hybrid schedule from an IAT Office. The hybrid schedule reflects our values (thinking and acting like an owner, collaboration, and teamwork) as it requires working from the office with colleagues and other disciplines Monday through Wednesday, with the option of working Thursday and Friday remotely.
Responsibilities
  • Review initial submissions to determine any additional information needed. Initiate correspondence to obtain documentation as required
  • Set-up financial backer files (account files) for new accounts. Maintain financial backer files and request updated information if necessary (financial statements, credit reports, correspondence, news, etc.) and monitor the aggregate liability
  • Advise manager immediately if there have been any significant negative developments or events
  • Compose narratives for new accounts, update narratives on an annual basis and submit them to manager with account recommendations for review
  • Update accounts in the Underwriting Database with current financial statement information
  • For bond submissions not affiliated with an account, analyze the bond risk/class, the underwriting requirements for that class and review the applicant's qualifications. Determine the appropriate rate and indemnity needed and make a recommendation to the manager if not within your own authority
  • Evaluate unfamiliar or new bond requirements and discuss with manager if necessary (if potentially hazardous, high risk associated with industry {i.e. mortgage brokers, money transmitters})
  • Maintain individual bond files which require updated underwriting information on an annual basis and request information from the agent if necessary (financial statements, current ownership, status, etc)
  • Make sure proper indemnity has been secured for new bonds being reported
  • valuate requests to close bonds which require a release of surety and requests to release collateral and submit a recommendation to manager if necessary
  • Maintain information on bond-specific underwriting requirements and on hazards of certain bonds
  • Periodically check agent's bond number logs to make sure that bonds are being reported and/or that outstanding bond numbers have been requested
  • Perform reference checks and order and review credit reports to document proven past capabilities and ability to handle relationship
  • Analyze financial statements to ascertain key components and ratios
  • Evaluate need for additional measures to protect surety. This means perfecting indemnity agreements, possibly taking collateral, escrow arrangements, or additional outside indemnity. Discuss such additional measures as needed with supervisor
  • Evaluate specific bond requests with regard to any unusual hazards. Discuss with supervisor as required
  • Maintain file documentation so that information for existing active accounts is fresh enough to make an informed decision should a new request come up
  • Communicate decisions as clearly and expeditiously as possible to the Regional Manager
  • Regular discussion or visit with the Agency Principal/Producer about new opportunities for expanding the IFIC presence in the Agency
  • Meet certain premium targets assigned to the Senior Bond Underwriter by the Regional Manager.
  • Perform other job-related duties as required

Qualifications:
Must Have
  • Bachelors' degree in Risk Management, Finance, Mathematics, Business, or related with at least 4 years of experience in bond underwriting or equivalent
  • Equivalent is defined as 8 years of relevant bond underwriting experience
  • Strong marketing skills and ability to obtain new business and work with contractor clients
  • Strong competency in quantitative and financial analysis
  • Requires strong math aptitude, excellent verbal and written communication, interpersonal and negotiating skills
  • Must be customer service oriented and have the utmost integrity
  • Must possess knowledge of various computer programs, internet-based programs, and PC literate in the use of spreadsheets
  • Must be able to provide a valid driver's license
  • To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes

Preferred to Have:
  • AFSB industry designation

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.
IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together® is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers.
At IAT, we're committed to driving and building an open and supportive culture for all. Our employees propel IAT forward - driving innovation, stable partnerships and growth. That's why we continue to build an engaging workplace culture to attract and retain the best talent.
We offer comprehensive benefits like:
  • 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
  • 7% 401(k) Company Match and additional Profit Sharing
  • Hybrid work environment
  • Numerous training and development opportunities to assist you in furthering your career
  • Healthcare and Wellness Programs
  • Opportunity to earn performance-based bonuses
  • College Loan Assistance Support Plan
  • Educational Assistance Program
  • Mentorship Program
  • Dress for Your Day Policy

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.

Apply