1

Collateral Protection Insurance Jobs in Ashburn, VA

Conduct daily Protected Distribution System (PDS) checks. * Ensure incoming personnel receive ... ESOP participation, 401(k) match, medical, dental, vision, life insurance, short-term disability ...

Organize & maintain marketing collateral and other materials that help drive Citian's brand and ... Competitive salary and benefits package including medical, dental, and vision insurance and ...

Organize & maintain marketing collateral and other materials that help drive Citian's brand and ... Competitive salary and benefits package including medical, dental, and vision insurance and ...

next page

Showing results 1-20

Collateral Protection Insurance information

See Ashburn, VA salary details

$11.2K

$70.3K

$92.5K

How much do collateral protection insurance jobs pay per year?

As of Aug 7, 2026, the average yearly pay for collateral protection insurance in Ashburn, VA is $70,304.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,200.00 and $79,800.00 per year, depending on experience, location, and employer.

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

Loan Documentation & Post Closing Specialist I

JOHN MARSHALL BANCORP INC

Reston, VA • On-site

$25 - $28.85/hr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 28 days ago


Job description

John Marshall Bank is seeking a Loan Documentation/Post-Closing Specialist to join its Loan Administration team. This role is responsible for reviewing loan files after closing to ensure all documentation is complete and that each loan has been closed in accordance with the approved terms and internal policies.
Additional responsibilities include conducting post-closing reviews, tracking and resolving document exceptions, maintaining accurate loan files, and supporting effective file management processes. The position also performs document imaging and scanning to ensure loan documentation is properly recorded, organized, and accessible in the bank's systems.
Requirements
  • Review loan files, documentation, and system data for accuracy, completeness, and compliance with approval requirements, regulatory standards, and Bank policies. Enter and update deficiencies in the Bank's exception tracking system.
  • Set up exception tracking for original loan documents, recorded documents, title insurance, financial reporting, covenant testing, vehicle titles, life insurance assignments, insurance certificates, UCC filings, and other tracking requirements.
  • Monitor life-of-loan tracking items submitted by the Lending Team through ServiceDesk. Verify that supporting documentation meets approval conditions before clearing or updating exceptions.
  • Ensure accurate imaging and indexing of loan documentation in FDM/FCM, including Baker Hill electronic loan file documents, booking files, collateral documents, covenants, financial reporting, recurring exceptions, insurance, mortgage purchase files, and other required records.
  • Processing UCC filings in CT Liens including preparing and processing historical UCC filings. Ensure recorded UCC filings are accurately recorded, updated, imaged and tracked.
  • Review recorded instruments, final title policies, and other collateral documentation to confirm sufficient collateral coverage. Enter any deficiencies into CERIS for tracking and resolution.
  • Review insurance policies to verify adequate collateral protection and compliance with the insurance matrix. Confirm the Bank is listed correctly (Mortgagee, Loss Payee, Additional Insured). Confirm the Bank is listed correctly (Mortgagee, Loss Payee, etc.).
  • Upload new-loan insurance documentation to AFR or FDM. Obtain renewal policies for existing loans and coordinate with insurance agents or internal teams to resolve issues.
  • Coordinate with team members, Bank personnel, settlement agents, insurance companies, and vendors as needed to clarify requirements, obtain necessary documentation, address discrepancies and ensure compliance.
  • Review approval requirements, validate imaged loan documentation, loan operating system, exception tracking, collateral, insurance, etc. to identify unresolved documentation exceptions and loan discrepancies. Coordinate with the responsible party to resolve issues.
  • Ensure orderly, safe, and secure control over original note and guaranty files.
  • May be cross trained to assume additional functions in the Loan Administration area.
  • Complete ongoing courses to maintain required compliance knowledge requirements.

Qualifications
Required
  • 1-3 years of experience commercial and consumer lending with a basic understanding of loan documentation processes.
  • High school diploma or equivalent; related coursework in finance or business preferred.
  • Proficiency in Microsoft Office Suite (Word, Excel, Outlook) and experience with loan management software is a plus.

Preferred
  • Bachelor's degree
  • Experience with Baker Hill, FDM/FCM, FIS Horizon, ServiceDesk, CT Liens, Simplifile, County Land Records
  • Self-starter with strong administrative and organizational skills and an eagerness to learn
  • Excellent attention to detail and deadlines
  • Strong comprehension of loan and legal documentation
  • Superior ability to work effectively and cooperatively within a team environment
  • Positive attitude with a strong customer focus

Compensation for this role ranges from $25.00 to $28.85 per hour, commensurate with your experience and qualifications.
At John Marshall Bank, we pride ourselves on being able to attract the best talent in the industry, therefore we offer a comprehensive benefits package which includes:
  • Medical
  • Dental
  • 401K Retirement Plan w/ an Employer Match
  • Vision
  • Employee Assistance Program
  • Flexible Spending
  • Transit Reimbursement
  • Long Term Care
  • Paid Time Off
  • Life and Disability Coverage

John Marshall Bank is an Equal Opportunity Employer
At this time, John Marshall Bank will not sponsor a new applicant for employment authorization for this position.