Commercial Real Estate Paralegal

Old Republic Title; Andover (MA); Hybrid; USD 62,000 - 69,000; Full time

Benefits offered by this job

Medical, dental, vision benefits

401(k) with company match

Paid time off

Job summary

Old Republic Title is seeking a Commercial Real Estate Paralegal to support legal, underwriting, and escrow operations in Andover, MA. This role handles complex real estate transactions from start to finish, ensuring all legal, procedural, and administrative steps are accurate and efficient.

Responsibilities include facilitating member closings, preparing pro-forma and final title policies, processing draw requests, coordinating with Escrow Services, and reviewing escrow agreements.

Qualifications

• Paralegal with 2+ years in commercial real estate title and closings preferred.
• Paralegal degree or equivalent experience required.
• Strong written and verbal communication skills essential.

Responsibilities

• Facilitate member closings including statement prep, document prep, recording, and coordination with Escrow Services.
• Prepare pro-forma and final title policies.
• Process draw requests and maintain construction files.
• Coordinate with Escrow Services and Underwriters for escrow documentation and deposits.
• Oversee invoicing for Commercial Services.
• Collaborate with Underwriters and nationwide offices on in-state orders.
• Provide timely responses to escrow inquiries.
• Ability to work overtime as needed.

Skills

Commercial real estate

Paralegal

Communication

Multitasking

Detail orientation

Education

Paralegal degree/certification or 3 years experience

Tools

Microsoft Excel

Closing software

Job description

EASTERN TITLE DIVISION

Hybrid - This is a hybrid role based out of our Andover, MA office.

Job Description

The Commercial Real Estate Paralegal plays a pivotal role in supporting the legal, underwriting, and escrow operations at Old Republic Title. This position is responsible for managing complex real estate transactions and ensuring that all legal, procedural, and administrative aspects are handled accurately and efficiently. The paralegal provides legal and administrative support to Underwriting, including Commercial Services, Underwriting Counsels, Commercial Examiners, Underwriting Management, and Escrow Services.

Primary Responsibilities

• Independently facilitate Member closings, including closing statement preparation, document preparation, recording, phone and email communications with Members and other parties, and coordination with Escrow Services.
• Prepare pro-forma policies and endorsements.
• Prepare final title policies.
• Process draw requests, including ordering title updates and preparing endorsements and invoices. Maintain construction services files.
• Partner with Escrow Services and Underwriters team to review, edit, and have executed, any escrow agreements and provide information and proper documentation required for deposit of funds into escrow accounts.
• Oversee and create invoicing for Commercial Services fees.
• Work with Underwriters, and Company’s offices, agents, and attorneys nationwide to refer, coordinate, track, and follow-up on in-state orders.
• Assist staff with inquiries related to Escrow Services.
• Ability to work overtime as requested by management.

Education

• High school diploma or equivalent.
• Paralegal degree/certification or minimum 3 years of related practical experience with a law firm or commercial title insurer.

Experience

• Minimum of two (2) years’ experience as a commercial real estate paralegal, including title insurance commitments, policies, settlement statements, closings, and post-closing, preferred.
• Bookkeeping experience preferred.

Knowledge/Skills/Abilities

• Experience with closing software
• Knowledge of the title insurance and information industry is preferred.
• Strong oral and written communication skills and the ability to communicate concisely and politely.
• Ability to independently process commercial and large transactional real estate closings from start to finish.
• Strong mathematical skills.
• Detail oriented.
• Able to multi-task and prioritize work to meet deadlines.
• Excellent problem solving and organizational skills.
• Able to build and maintain strong relationships with internal and external customers.
• Able to work independently.
• Windows and Microsoft Office competency (including but not limited to, intermediate to advanced Excel competency, word processing, navigating in databases, and creating presentations)

The estimated pay range stated represents the typical pay range for this position or similarly employed employees or employees performing substantially similar work. Factors which may be used to determine the actual pay rate may include, but are not limited to, education, training or experience; seniority; merit and work performance; quantity or quality of production; regional differences in compensation; differences in local minimum wages, or ability and effort.

Position's Pay Range

$45.00 - $50.00 an hour.

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

Old Republic Title is an Equal Opportunity Employer