Commercial Underwriter

 Posted 2 months ago
     
5-10 years experience
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AI Summary

The primary responsibility involves underwriting and preparing title commitments, policies, and coverage endorsements for commercial real estate transactions. This includes thoroughly analyzing preliminary title reports, communicating with examiners, and negotiating coverage issues with internal staff and external stakeholders like law firms and lenders.
EASTERN TITLE DIVISION

Job Description:

SUMMARY:  Underwriting and preparation of title commitments, policies and coverage endorsements primarily related to commercial real estate transactions.

The position involves working collaboratively within our organization as well as with customers, including law firms, commercial lenders and commercial real estate firms. Strong candidates will have significant experience in the title industry dealing with commercial transactions from beginning to end.

Essential Duties and Responsibilities: 

  • Thoroughly analyzes preliminary title reports and communicates with title examiners in pursuit of a comprehensive title examination.
  • Prepares title commitments, Pro Formas, policies, endorsements and other related documents.
  • Coordinates and communicates with internal staff and external stakeholders.
  • Fields underwriting questions and revision requests for parties to the transaction.
  • Negotiates underwriting coverages with the ability to resolve coverage issues through creative solutions.
  • At a minimum, ability to work from 8 30 a.m. to 5 00 p.m., Monday through Friday
  • Regular consistent attendance is required which could also include attendance at after hour Company events.
  • Ability to accept supervision.
  • Ability to foster, develop and maintain professional and collaborative working relationships.
  • Ability to interact effectively and professionally with all levels of management, employees, and customers by e-mail, telephone, or in-person
  • Must be personable, positive and a professional representative of the Company
  • Perform other duties that may be assigned.
  • Remote work may be available to the right candidate.

Benefits may include:

  • Comprehensive medical, prescriptions, dental and vision plans

  • 401(k) plan with a discretionary company match

  • Shareholder Purchase and Reinvestment Plan

  • Basic life and accidental death and dismemberment insurance premium paid by the company

  • Voluntary supplemental life insurance for employees, spouses and dependent children

  • Fertility and Family Building Benefits

  • Paid Disability benefits

  • Paid time off programs

  • 11 Company paid holidays per year

  • Flexible spending account

  • Health savings account (available to High Deductible Health Plan participants only)

  • Employee Assistance Program

  • Educational Assistance Program

  • Voluntary benefits, such as Critical Illness, Hospital Indemnity, Pet Insurance and Accident Insurance

  • Title insurance policies and certain escrow services for the employee’s primary personal residence at no charge

  • Transportation benefit plan for mass transit, parking and vanpool, in several markets

Note: If you currently are employed by Old Republic Title (or one of its wholly owned affiliated companies) please get in touch with your human resources representative regarding the application process.

For California applicants, please click the following link to view our CCPA Applicant Notice

Old Republic Title is an Equal Opportunity Employer

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