Underwriting Counsel

Stewart Title; Toronto; Hybrid; CAD 90,000 - 110,000; Full time

Job summary

A leading title insurance provider in Toronto seeks a Counsel- Underwriting to manage underwriting issues for residential and commercial transactions. The role requires minimum 3 years of relevant experience, excellent communication skills, and understanding of real estate processes. This hybrid position involves in-person work 1-2 days per week. Competitive salary ranging from $90,000 to $110,000 annually.

Qualifications

• Must be a qualified lawyer with experience in real estate law.
• Ability to work independently and handle complex underwriting issues.
• Excellent attention to detail and strong organizational skills.

Responsibilities

• Review and handle underwriting issues for real estate transactions.
• Analyze risks associated with insuring transactions.
• Communicate insurability decisions to clients.

Skills

Lawyer in good standing with the Law Society of Ontario

Minimum 3 years real estate law firm/transaction experience

Knowledge of residential and commercial real estate transactions

Understanding of the real estate process

Excellent verbal and written communication skills

Good computer literacy and knowledge of Microsoft Word Suite

Job description

We are the Canadian Division of Stewart Title Guaranty Company, a leading provider of residential and commercial title insurance. As one of the largest title insurers in the world, Stewart Title specializes in providing our clients with exceptional service, deep expertise and innovative solutions to help close their real estate transactions with peace of mind.

Job Description

Job Summary

A Counsel- Underwriting with our Underwriting Department is responsible for reviewing and handling underwriting issues and making approval decisions for residential and commercial transactions. This is a hybrid role, with 1-2 days per week expected in-person at 200 Bay Street in Toronto.

Job Responsibilities

• Reviewing and handling policies for both residential and commercial real estate transactions.
• Analyzing risk associated with insuring real estate transactions based on parameters defined by the Company.
• Responding to customer and internal inquiries and questions related to underwriting issues arising on residential and commercial transactions and advising as to the real estate process and title insurance coverage in Ontario in a timely manner.
• Reviewing and investigating complex underwriting issues (including title and off-title matters such as complex Planning Act and estate issues) and real estate fraud mitigation issues, conduct risk assessments, and make insurability decisions.
• Drafting title insurance underwriting clauses and endorsements
• Reviewing and interpreting reports generated from identity verification tests.
• Managing a high volume of files under tight timelines in accordance with established parameters.
• Communicating and explaining complex insurability decisions to clients both verbally and in writing.
• Recognizing and re-directing enquiries that should be addressed by other teams in the Company.
• Answering and handling customer service calls through our general underwriting phone queue.
• Other duties as required or assigned.

Qualifications

• Lawyer in good standing with the Law Society of Ontario.
• Minimum 3 years real estate law firm/transaction experience or equivalent.
• Knowledge of residential and commercial real estate transactions.
• Understanding of the real estate process and title and off-title issues, and their resolutions.
• Understanding of real estate fraud trends, fraud red flags, and fraud mitigation tools.
• Ability to work independently and make independent decisions in accordance with established parameters.
• Ability to multi-task and adhere to numerous concurrent deadlines
• Excellent verbal and written communication, customer service, organizational, and problem-solving skills.
• Excellent attention to detail.
• Ability to work well in a team.
• Good computer literacy and knowledge of Microsoft Word Suite (Outlook, Word, Excel and PowerPoint).

Salary Range - $90,000 to 110,000 annually

Please note that salaries are dependent on various matrix including experience, education, skills etc

Stewart Title is committed to accommodating persons with disabilities. If you require accommodation during any aspect of the application process, please let us know. We can be reached by:

• Email ([e-mail])

• Telephone: [phone] (please ask to speak to a Human Resources representative)

• Mail: 200 Bay Street, North Tower, Suite 2600, Toronto, ON M5J 2J2

• Fax: [phone]

Privacy

Your privacy is important to us. We consider and define Personal Information as any data relating to an individual, whether it relates to his or her private, professional or public life. It can be anything from a name, a photo, an email address, bank details or posts on social media. We only collect, store, use and disclose Personal Information from prospective and current employees for legitimate employment, legal, and business purposes. You can learn more about how we handle and process your personal information in relation to our recruitment process by making a request to our Human Resources department.