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Collateral Protection Insurance Jobs in Pineville, LA

Loan Processor

Alexandria, LA · On-site

$17.25 - $23/hr

Key items tracked include mortgages, title policies, UCC filings, lien cards, collateral insurance ... protected by applicable laws or regulations. GPAC (Growing People and Companies) is an award ...

Collateral Protection Insurance information

See Pineville, LA salary details

$10.1K

$63.3K

$83.4K

How much do collateral protection insurance jobs pay per year?

As of Aug 29, 2026, the average yearly pay for collateral protection insurance in Pineville, LA is $63,334.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,700.00 and $71,900.00 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 are popular job titles related to Collateral Protection Insurance jobs in Pineville, LA?

For Collateral Protection Insurance jobs in Pineville, LA, the most frequently searched job titles are:

What cities near Pineville, LA are hiring for Collateral Protection Insurance jobs?

Cities near Pineville, LA with the most Collateral Protection Insurance job openings:

Infographic showing various Collateral Protection Insurance job openings in Pineville, LA as of August 2026, with employment types broken down into 1% As Needed, 68% Full Time, 26% Part Time, and 5% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $63,334 per year, or $30.4 per hour.

Loan Processor

gpac

Alexandria, LA • On-site

$17.25 - $23/hr

Other

Re-posted 26 days ago


Job description

Job Description
LOAN PROCESSOR
Loan Processor
A local community bank is looking for a Loan Processor with experience in Commercial, Consumer, and mortgage loans. This position can be fully remote.
This role demands a strong understanding of banking regulations, especially in the lending sector. You will be responsible for processing loan requests efficiently and accurately, including conducting credit investigations, preparing documents, and onboarding loans. Additionally, you will support the Loan Department with various tasks and special projects related to both new and existing loan customers.
Responsibilities:
  • Provide comprehensive support to the Loan Department in managing customer loans. Tasks include running credit reports, retrieving flood determinations, ordering appraisals and title work, and conducting account research as needed.
  • Assist lending officers with the preparation of pre-funding documents, HMDA data collection, loan documentation checklists, and utilizing external resources like the Military Lending Account and Geocoding to ensure proper loan package submissions to the Loan Processing department.
  • Ensure proper preparation of loan disbursement entries (such as cashier’s checks, deposits, and wire transfers) on the signing date, in line with instructions from the Lender.
  • Process payments to third-party vendors, including appraisers, insurance companies, and title insurers.
  • Manage collateral perfection duties, such as recording mortgages, UCCs, CNS filings, and managing titled units.
  • Oversee and maintain loan files for customers.
  • Monitor and update the loan system to ensure customer financial data is current and that collateral is secured. Key items tracked include mortgages, title policies, UCC filings, lien cards, collateral insurance, customer financial statements, and more.
  • Handle document imaging for complete loan files.
  • Process loan payoff requests and payments.
  • Monitor the loan payoff report to ensure all necessary actions are taken to close out loans and release collateral per the lender's direction.
  • Prepare routine letters, reports, and forms.
  • Offer support across all areas of the office as needed.
  • Provide excellent customer service for inquiries related to customer deposit account balances, loan balances, and payoff requests.
  • Maintain adequate supplies in the loan support area, including refilling copiers, fax machines, and printers, and ensuring the relevance of marketing materials and publications in customer access areas and the bank lobby.
  • Generate adverse action notices when required and maintain existing loans within the iCore system.
Qualifications:
  • Keep updated on banking regulations and industry standards.
  • Proficient with LaserPro, the bank’s loan processing software.
  • Familiar with the operational functions of the iCore system.
  • Detail-oriented with a high level of accuracy.
  • Strong problem-solving and critical thinking skills.
  • Ability to identify and resolve system errors.
  • Mathematical aptitude and the capability to perform calculations as needed.
  • Attend department meetings and training sessions as required.
  • High School Diploma.

*For consideration, please send your resume in confidence to wendy.hicks@gogpac.com or call 605-403-5157
All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations. GPAC (Growing People and Companies) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States since 1990. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.

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About GPAC

Sourced by ZipRecruiter

GPAC (Growing People and Companies) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States since 1990. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.

Industry

Recruiting and staffing services

Company size

51 - 200 Employees

Headquarters location

Sioux Falls, SD, US

Year founded

1990