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Lender Placed Insurance Jobs (NOW HIRING)

Force-Placed Insurance: Handle the placement and cancellation of lender-placed insurance policies, including premium processing. * Support: Advise loan officers and support personnel on flood, hazard ...

Force-Placed Insurance: Handle the placement and cancellation of lender-placed insurance policies, including premium processing. * Support: Advise loan officers and support personnel on flood, hazard ...

Force-Placed Insurance: Handle the placement and cancellation of lender-placed insurance policies, including premium processing. * Support: Advise loan officers and support personnel on flood, hazard ...

VP, Consumer Claims

Hunt Valley, MD · Hybrid

$150K - $202K/yr

Monitor and enforce compliance with industry regulations and internal policies for all claim types, including GAP/GAP waivers, mortgage insurance, and lender-placed insurance. * Drive continuous ...

VP, Consumer Claims

Kansas City, MO · Hybrid

$150K - $202K/yr

Monitor and enforce compliance with industry regulations and internal policies for all claim types, including GAP/GAP waivers, mortgage insurance, and lender-placed insurance. * Drive continuous ...

VP, Consumer Claims

Hunt Valley, MD · Hybrid

$150K - $202K/yr

Monitor and enforce compliance with industry regulations and internal policies for all claim types, including GAP/GAP waivers, mortgage insurance, and lender-placed insurance. * Drive continuous ...

VP, Consumer Claims

Kansas City, MO · Hybrid

$150K - $202K/yr

Monitor and enforce compliance with industry regulations and internal policies for all claim types, including GAP/GAP waivers, mortgage insurance, and lender-placed insurance. * Drive continuous ...

OR · On-site

Minimum of 2 years IDMS database knowledge * 24+ months experience in Lender Placed Insurance Tracking and Loss Draft business services, associated processes, systems knowledge, and hands-on ...

Additional analytical responsibilities may be assigned, with regards to claims and lender placed insurance coverage. An ideal candidate will have 4 year college degree or 2+ years relative experience.

Insurance Data Entry Clerk

Huntsville, TX

$14.50 - $19.50/hr

CP Insurance Associates (CPIA) a Texas-based insurance services agency specializing in lender-placed insurance, investor property and buy here pay here programs, as well as insurance for financial ...

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Lender Placed Insurance information

See salary details

$11K

$69.5K

$117.5K

How much do lender placed insurance jobs pay per year?

As of Jun 9, 2026, the average yearly pay for lender placed insurance in the United States is $69,500.00, according to ZipRecruiter salary data. Most workers in this role earn between $34,000.00 and $105,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Lender Placed Insurance Specialist, and why are they important?

To thrive as a Lender Placed Insurance Specialist, you need a solid understanding of insurance practices, mortgage servicing, and regulatory compliance, typically supported by experience in financial services or insurance and, in some cases, relevant certifications. Familiarity with loan servicing platforms, insurance tracking systems, and document management tools is often required. Strong attention to detail, effective communication, and problem-solving skills help you excel in managing policies and resolving client issues. These skills and qualifications ensure accurate policy administration, compliance with legal requirements, and high-quality service to clients and lenders.

What is the difference between Lender Placed Insurance vs Insurance Underwriter?

AspectLender Placed InsuranceInsurance Underwriter
CredentialsTypically requires licensing and insurance knowledgeRequires licensing, certifications, and underwriting expertise
Work EnvironmentPrimarily in mortgage or loan servicing companiesIn insurance companies or underwriting firms
Industry UsageUsed in mortgage lending to protect lendersUsed to assess risk and determine policy terms
Search/Comparison IntentUnderstanding insurance options for loansEvaluating risk and policy pricing

While Lender Placed Insurance involves insuring a property when the borrower fails to maintain coverage, Insurance Underwriters assess risk to determine policy terms and pricing. Both roles require insurance knowledge and licensing but serve different functions within the industry.

What is lender placed insurance?

Lender placed insurance, also known as force-placed insurance, is a type of insurance policy that a lender obtains on a property when the homeowner's own insurance policy lapses, is cancelled, or does not provide sufficient coverage. The lender purchases this insurance to protect its financial interest in the property, since it serves as collateral for a loan or mortgage. Lender placed insurance typically covers damages to the structure, but it may not protect the homeowner's personal belongings or provide liability coverage. This insurance is usually more expensive than standard homeowner's insurance, and the cost is often passed on to the borrower.

What are some common challenges faced in a Lender Placed Insurance role, and how can they be managed effectively?

Professionals in Lender Placed Insurance often encounter challenges such as managing high volumes of policy placements, ensuring compliance with regulatory requirements, and communicating effectively with borrowers and mortgage servicers. Staying organized and leveraging specialized insurance management software can help streamline processes and reduce errors. Additionally, keeping up with industry regulations and maintaining strong attention to detail are crucial for minimizing risk and providing excellent service to both lenders and borrowers.
What states have the most Lender Placed Insurance jobs? States with the most job openings for Lender Placed Insurance jobs include:
Infographic showing various Lender Placed Insurance job openings in the United States as of May 2026, with employment types broken down into 90% Full Time, 5% Part Time, and 5% Contract. Highlights an 95% In-person, and 5% Hybrid job distribution, with an average salary of $69,500 per year, or $33.4 per hour.
Loan Insurance Specialist

Loan Insurance Specialist

CB&S Bank

Russellville, AL • On-site

Full-time

Posted 26 days ago


Job description

GENERAL FUNCTION:
Key duties include verifying flood insurance coverage on loans, processing force-placed insurance, providing customer service, requiring knowledge of the bank's insurance policies and procedures and banking regulations.
MAJOR DUTIES AND RESPONSIBILITIES:
  • Collateral Protection: Monitor insurance coverage on loans to ensure compliance with bank policies and regulations, preventing uninsured losses.
  • Force-Placed Insurance: Handle the placement and cancellation of lender-placed insurance policies, including premium processing.
  • Support: Advise loan officers and support personnel on flood, hazard, builders' risk, and personal property insurance questions. Train new employees on flood procedures.
  • Document Processing: Review, verify, and maintain records of insurance certificates, policies, and renewals. Review and approve all flood insurance prior to loan closings.
  • Vendor Liaison: Act as a liaison between the bank, borrowers, and third-party insurance tracking vendors. Communicate with the insurance company directly if needed.
  • Technical Knowledge: Understanding of hazard insurance, flood insurance, builders risk insurance, personal property insurance, and lender-placed insurance regulations.
  • Flood Insurance: Keep up with all flood regulations, review FEMA sites for updates, review LOMA applications, review Compliance Flood Reviews and see that all findings are addressed and corrected.
  • Procedures: Maintain all flood procedures and review quarterly verifying they are up to date.

ADDITIONAL RESPONSIBLITIES:
  • Balance the flood insurance demand deposit account
  • Handle flood and other insurance reports

JOB QUALIFICATIONS:
  • High school graduate or equivalent.
  • Minimum of one year flood insurance or loan operations experience.
  • Proven knowledge of loan policies and procedures.
  • Intimate knowledge of Insurance and Flood Insurance.
  • Excellent organizational skills and communication skills, both verbal and written.
  • Demonstrated ability to interact with customers and employees and listen effectively.
  • Demonstrated ability to adapt to and use other PC based software packages.
  • Ability to perform repetitive motion tasks and tasks using only fingers.
  • Ability to sit for extended periods of time.
  • Ability to transmit information in written form.
  • Ability to work in small areas.

STANDARDS OF PERFORMANCE:
  • Performs all areas of responsibilities so they are completed in a timely, accurate, and thorough manner.
  • Acceptable attendance and reporting to work in a timely manner.
  • Maintains positive work environment with co-workers, vendors, and customers. Requires ability to work well with others.
  • Must be alert in all job functions.
  • Conducts customer relations in a manner that will enhance the overall marketing effort of the bank.
  • Must be courteous and respectful of all customers and employees. When greeting someone, we will stand, offer our hand, and call them by name. We will treat co-workers, peers, and vendors with the same degree of respect and consideration we give our customers and expect for ourselves.
  • All employees are expected to conduct themselves in a professional manner, which is conducive to the effective operation of the Bank.
  • Must follow all company policies and procedures.
  • Ability to maintain matters of a highly confidential nature.
  • Honesty must be an essential ingredient in all matters.
  • Attempts to return all phone calls the same day they are received.