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Collateral Protection Insurance Jobs in Littlefield, TX

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Collateral Protection Insurance information

See Littlefield, TX salary details

$9.3K

$58.3K

$76.8K

How much do collateral protection insurance jobs pay per year?

As of Jun 9, 2026, the average yearly pay for collateral protection insurance in Littlefield, TX is $58,323.00, according to ZipRecruiter salary data. Most workers in this role earn between $46,700.00 and $66,200.00 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 (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 cities near Littlefield, TX are hiring for Collateral Protection Insurance jobs? Cities near Littlefield, TX with the most Collateral Protection Insurance job openings:
Collateral Protection Insurance jobs near you
Infographic showing various Collateral Protection Insurance job openings in Littlefield, TX as of May 2026, with employment types broken down into 15% As Needed, 20% Full Time, 57% Part Time, 1% Contract, 6% Nights, and 1% Summer. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $58,323 per year, or $28 per hour.
Relationship Administrator

Relationship Administrator

AgTexas Farm Credit Services

Lubbock, TX • On-site

Full-time

Posted 10 days ago

Job description

COMPANY PROFILE:

AgTexas Farm Credit Services serves and supports approximately 2,600 member/borrowers in areas of lending, insurance sales, appraisal, and/or leasing. Ten office locations can be found throughout the Association's 43-county trade territory, and the Association has a volume of approximately $3.2 billion. The lending portfolio consists of cotton, livestock, dairy, feed grains, real estate, and ag-related business loans. Additionally, the Association territory provides diversity in production and mortgage loans as well as commodities financed. Without strong financial backing farmers and ranchers will not survive, and people will not have food to eat or clothes to wear. AgTexas provides reliable credit and crop insurance to our member-owners, so they can feed and clothe the world.

POSITION:

The Relationship Administrator position is located in any AgTexas office with a salary that is negotiable, depending upon experience. This position performs intermediate-level administration work, such as loan closings that are varied and somewhat complex in nature. Works under moderate supervision.

*AgTexas, at its sole discretion, may offer this position with a different title based upon the qualifications of the candidate.

MINIMUM EDUCATION AND EXPERIENCE:

High school diploma and Business associate degree or three (3) or more years of experience in loan support operations, title company, general accounting, or banking. General knowledge of accounting/financial systems and documentation requirements for title policies, deeds of trust and collateral, crop insurance, and credit life insurance. Skill in oral communication and specialized knowledge of written correspondence principles. General knowledge of office equipment and systems used for the storage and retrieval of business information, records management, and file classification practices. Basic skill level in Microsoft Office applications.

KEY RESPONSIBILITES:

  • Develops and organizes loan application information for review and analysis by loan officers and inputs pertinent loan data into credit delivery system. Examines loan application for accuracy and completeness.
  • Assists with the closing of loans by assembling and compiling documents for closing, such as insurance forms, loan forms, and flood certificates. Ensures closing documents are accurate and complete.
  • Works with commercial loans and performs research on borrower and/or collateral history including tax liens and judgements. Responsible for ordering title work, appraisals, and any other collateral security requirements.
  • Records new loans, establishes relevant files, processes loan payments, maintains a variety of loan records and obtains credit information. Assists in maintaining and monitoring borrowers' required insurance.
  • Collects loan payments and performs related tasks required to service loans.
  • Answers customer inquiries and resolves routine issues. Fosters good member/public relations by providing customer service that exceeds customers' expectations.
  • Prepares documents and correspondence for association reports as required following approved association and Farm Credit Bank policies and procedures.

WORKING RELATIONSHIPS:

Frequent interaction with customers, association departmental staff and management. Occasional interaction with Farm Credit Bank of Texas staff. Occasional interaction with area professionals including real estate agents, commercial bankers, and others who deal with the association in the normal course of business.

EOE/AA/M/F/D/V

AgTexas FCS is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, national origin, protected veteran status, sexual orientation, gender identity or genetic information.

Persons with disabilities who require an accommodation to complete the application process should call our Lubbock office at (806) 745-4575 and ask to speak to one of our HR representatives to request accommodation in the application process.


Job Posted by ApplicantPro