1

Collateral Protection Insurance Jobs in Chicago, IL

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.

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.

Typical types of collateral include syndicated bank loans, corporate bonds, ABS, MBS, and Mezzanine ... Basic term and optional term life insurance * Short-term and long-term disability * Pregnancy ...

... collateral management, borrowing base administration, and servicing activities. This role ensures ... Medical, Dental, Vision, and Life Insurance * Paid Sick Leave, 3 weeks' Vacation, and Holidays ...

Receive, map and reconcile periodic collateral data. As required, make tax elections, file for EIN ... Basic term and optional term life insurance * Short-term and long-term disability * Pregnancy ...

Trust Reporting Analyst

Chicago, IL · On-site

$68K - $81K/yr

Receive, map and reconcile periodic collateral data. Coordinate with operations teams to ensure ... Basic term and optional term life insurance * Short-term and long-term disability * Pregnancy ...

Credit Risk Associate

Chicago, IL · On-site

$73K - $100K/yr

Set up, monitor and maintain counterparty profiles, credit limits, and collateral requirements ... Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term ...

Credit Risk Associate

Chicago, IL · On-site

$73K - $100K/yr

Set up, monitor and maintain counterparty profiles, credit limits, and collateral requirements ... Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term ...

next page

Showing results 1-20

Collateral Protection Insurance information

See Chicago, IL salary details

$11.3K

$70.8K

$93.2K

How much do collateral protection insurance jobs pay per year?

As of Jul 15, 2026, the average yearly pay for collateral protection insurance in Chicago, IL is $70,822.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,700.00 and $80,400.00 per year, depending on experience, location, and employer.

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 Chicago, IL? For Collateral Protection Insurance jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Collateral Protection Insurance jobs in Chicago, IL look for? The top searched job categories for Collateral Protection Insurance jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Collateral Protection Insurance jobs? Cities near Chicago, IL with the most Collateral Protection Insurance job openings:
Senior Regulatory Labeling Specialist

Senior Regulatory Labeling Specialist

Medline

Northfield, IL • On-site

$92K - $138K/yr

Full-time

Medical, Life, Retirement, PTO

Posted 8 days ago


Medline Industries rating

7.6

Company rating: 7.6 out of 10

Based on 247 frontline employees who took The Breakroom Quiz

228th of 527 rated manufacturers


Job description

Job Summary

Job Description

Responsible for independently supporting all aspects of the product labeling function necessary to ensure regulatory compliance for variety of product (device, drug, cosmetics, etc.) and project types (labeling, marketing materials, etc.)

Major Responsibilities:

  • Review, verify and complete packaging submissions to authorize label related content (packaging and collateral) based on regulations and product claims. Evaluate supporting documentation for relevant regulatory compliance.

  • Research changes in regulations and review relevant requirements pertaining to specific products assigned (i.e. devices, drugs, cosmetics, supplements, foods) with appropriate stakeholders.

  • Inform divisional partners of labeling and content requirements utilizing risk based approach and market knowledge. Influence change to reduce risk and improve compliance.

  • Lead cross-functional efforts to improve overall compliance and efficiency of the department and Medline overall through ownership of process improvement initiatives, such as Kaizen projects.

  • Conduct periodic internal audits (files, processes, databases, etc.) and maintain company/department databases, logs and files.

  • Provide insight to improve methods to conduct appropriate level of review of historic records.

  • Lead efforts to address compliance gaps, such as those identified through internal/external audits, by taking on full ownership of CAPA process.

  • Train and mentor new employees, divisional QA's and product managers on regulatory product structure, regulatory labeling requirements, and Medline labeling procedure(s).

  • Facilitate projects to improve training and on-boarding of new employees.

  • Review, verify and complete packaging submissions to authorize label related content (packaging and collateral) based on regulations and product claims. Evaluate supporting documentation for relevant regulatory compliance.

Minimum Job Requirements

Education

Bachelor's Degree or High School Diploma with extensive job experience in a field relative to the role responsibilities

Work Experience

At least 4 years of experience in Quality or Regulatory Affairs for a regulated industry.

Knowledge / Skills / Abilities

  • Experience using MS Office Suite products (Word, Excel, PowerPoint, Outlook).

  • Comprehensive knowledge and understanding of FDA product codes and product class structure, Quality Management Systems and Good Manufacturing Practices, or willingness to learn through training and independent research.

  • Excellent communication and relationship building skills, project management, critical thinking and problem solving abilities to deliver results and meet deadlines.

Preferred Job Qualifications

Work Experience

Education

Bachelor's Degree in a science related field.

Work Experience

5 years of experience in Quality or Regulatory Affairs for a regulated industry.

Knowledge / Skills / Abilities

  • Experience evaluating regulatory risk.

  • Experience in project management using critical thinking and problem solving abilities to deliver results.

  • Experience in evaluation of information to determine compliance with standards, laws, and regulations.

Medline Industries, LP, and its subsidiaries, offer a competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.

The anticipated salary range for this position:

$92,000.00 - $138,000.00 Annual

The actual salary will vary based on applicant's location, education, experience, skills, and abilities. This role is bonus and/or incentive eligible. Medline will not pay less than the applicable minimum wage or salary threshold.

Our benefit package includes health insurance, life and disability, 401(k) contributions, paid time off, etc., for employees working 30 or more hours per week on average. For roles where employees work less than 30 hours per week, benefits include 401(k) contributions, paid time off, as well as access to the Employee Assistance Program, Employee Resource Groups and the Employee Service Corp. For a more comprehensive list of our benefits please click here.

We're dedicated to creating a Medline where everyone feels they belong and can grow their career. We strive to do this by seeking diversity in all forms, acting inclusively, and ensuring that people have tools and resources to perform at their best. Explore our Belonging pagehere.

Medline Industries, LP is an equal opportunity employer. Medline evaluates qualified individuals without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, age, disability, neurodivergence, protected veteran status, marital or family status, caregiver responsibilities, genetic information, or any other characteristic protected by applicable federal, state, or local laws.


What Medline Industries employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


Medline logo

About Medline

Sourced by ZipRecruiter

Medline Industries, LP is the leading nationwide supplier of medical, surgical and pharmaceutical products to hospitals, nursing homes, HME providers, surgery centers, physician offices and home care/hospice settings.

Industry

Medical equipment and supplies manufacturing

Company size

10,000+ Employees

Headquarters location

Winnetka, IL, US

Year founded

1966