Junior Commercial Underwriting Counsel

C000 Old Republic National Title Insurance Company

Chicago (IL)

On-site

USD 90,000 - 110,000

Full time

4 days ago
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Benefits offered by this job

Health, dental & vision plans
401(k) with company match
Shareholder Purchase & Reinvestment
Life insurance & AD&D
Paid time off & holidays
Educational assistance

Job summary

Old Republic National Title Insurance Company is seeking a Junior National Commercial Underwriter in its Chicago office. You will underwrite title insurance for commercial real estate nationwide, assist escrow officers in closing transactions, and negotiate policy coverages and endorsements for owner’s and loan title policies.

JD required for entry-level underwriting and closing responsibilities. As part of a fast-paced team, you’ll handle multiple transactions, communicate with principals and

Qualifications

  • Underwrite title insurance for commercial real estate nationwide.
  • Interact with escrow officers to close transactions and negotiate coverage.
  • Provide guidance to salespeople and clients on title insurance and real estate questions.

Responsibilities

  • Underwrite title insurance coverages for commercial real estate transactions.
  • Assist national commercial escrow officers in closing transactions.
  • Negotiate policy coverages and endorsements with principals and their attorneys.
  • Serve as a resource for salespeople and clients on title insurance matters.

Skills

Underwriting
Closing transactions
Client relations

Education

JD

Job description

CENTRAL TITLE DIVISION Job Description: Old Republic National Title Insurance Company seeks a Junior National Commercial Underwriter in its national commercial office in Chicago.

In this role, you will underwrite title insurance policy coverages for commercial real estate transactions. Assist national commercial escrow officers in closing transactions and negotiate policy coverage and endorsement coverage in connection with the issuance of owner’s and loan title insurance policies. You will also serve as a resource for salespeople and their clients when they have title insurance and/or real estate questions.

To be successful, you will need to have JD required Entry level experience underwriting and closing single and multi-site commercial transactions for properties located nationwide. Ability to understand endorsement and policy coverages and to negotiate these coverages with principals and their attorneys. Have a working knowledge of State-by-State title insurance guidelines and real estate practices to include endorsement availability, policy availability, transfer tax, mortgage tax and forms of conveyance. Possess the ability to work on several transactions at one time in a fast-paced environment. Have outstanding customer service skills as well as a willingness and ability to work with a team of people in a professional and collegial manner.

Old Republic National Title Insurance Company is the fastest growing among major national insurers. In just the past 5 years we have almost tripled our national market share, all while maintaining our industry leading financial strength rating from the major independent rating agencies.

Position's Pay Range: $90,000 - $110,000/annually

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

For over 100 years, Old Republic Title has helped Americans protect their property rights while providing peace of mind for one of the biggest investments homeowners will make. We work closely with title agents, real estate professionals, lenders and industry experts to secure safe and efficient real estate transactions. We provide comprehensive title and escrow products and services for individuals, businesses and government.

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