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Collateral Protection Insurance Jobs in Littlefield, TX

Life & Disability Insurance: Employer-paid coverage. * Education & Wellness: Tuition reimbursement ... Analyzes collateral and borrower primary and secondary repayment sources. Determines appropriate ...

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 Aug 28, 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 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 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 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 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 cities near Littlefield, TX are hiring for Collateral Protection Insurance jobs?

Cities near Littlefield, TX with the most Collateral Protection Insurance job openings:

Infographic showing various Collateral Protection Insurance job openings in Littlefield, TX as of August 2026, with employment types broken down into 1% As Needed, 59% Full Time, 36% Part Time, and 4% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $58,323 per year, or $28 per hour.

Commercial Banking - Senior Commercial Banking Relationship Manager (VISTA)

Vista Bank

Lubbock, TX • On-site

$90 - $120/hr

Other

Retirement, PTO

Posted 10 days ago


Job description

Commercial Banking - Senior Commercial Banking Relationship Manager (VISTA)

Lubbock, TX, USA

Job Description

Posted Monday, June 1, 2026 at 6:00 AM

Responsibilities

As a Senior Commercial Banking Relationship Manager, you will ensure the overall success and growth of an assigned portfolio by deepening relationships of existing clients and through the acquisition of new clients, while cross‑sell loans, depository and Treasury Management products to new and existing bank clients. You will be responsible for a variety of tasks including reviewing the client’s credit needs, designing solutions, negotiating credit terms, loan repayment methods and collateral specifications with the client. You will manage the existing portfolio of clients and monitor client relationships for compliance with credit standards, as well as updating financials, maintaining insurance on bank collateral and reviewing loans for accurate grades, and handle relationships.

Senior Commercial Banking Relationship Managers are expected to provide financial advice and counsel to clients and prospective clients regarding trends and conditions of the business environment and general banking trends, review loan documents to ensure that they are in accordance with the Loan Policy and with banking laws and regulations, maintain compliance with all Federal and State regulations, including laws, rules and regulations dealing with safety and soundness, consumer protection and privacy and non‑discrimination, build a great rapport with clients and fellow associates, and treat others with respect and consideration regardless of their status or position.

All associates are expected to maintain current knowledge and consistent compliance with regulations and bank policies and procedures related to the position, including but not limited to Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) requirements.

Minimum Requirements
  • Bachelor’s degree in business, finance or related field or combination of education and work experience.
  • 12–15+ years of commercial banking or related financial services experience.
  • Good managerial, communication and sales skills.
  • Demonstrated experience in commercial lending, business development, sales, and client relationship management.
Desired Qualifications
  • MBA or master’s degree in business, finance or related field or combination of education and work experience.
  • 15+ years of commercial or specialty banking experience.
  • 5+ years of commercial credit experience.
Skills and Abilities
  • Strong business development skills as well as an overall understanding of credit and business finance.
  • Strong networking skills and participation in networking events in the market area.
  • Competent in the use of standard office software including Microsoft Outlook, Excel and Word.
  • Solid knowledge of banking policies, regulations and compliance issues.
  • Solid ability to analyze financial statements.
  • Solid knowledge of basic accounting principles.
  • Must possess a valid driver’s license.
  • Strong interpersonal skills with the ability to build peer and/or team cohesiveness to deliver the full complement of bank products and services.
  • Self‑directed and motivated to accomplish tasks, meet objectives and committed timelines.
  • Strong oral and written communication skills with the ability to clearly and concisely articulate issues.
Benefits

In addition to your financial compensation, we also offer a generous benefits package that includes insurance, 401k, an associate stock purchase program, paid time off, and associate banking perks.

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