Junior Commercial Underwriting Counsel

Old Republic National Title Insurance; Chicago (IL); On-site; USD 90,000 - 110,000; Full time

Benefits offered by this job

Medical, dental and vision plans

401(k) plan with company match

Paid time off

Job summary

Old Republic National Title Insurance Company seeks a Junior National Commercial Underwriter in its national commercial office in Chicago. You underwrite title insurance coverages for commercial real estate transactions and assist escrow officers in closing deals while negotiating policy and endorsement coverages with principals and their attorneys.

You will also serve as a resource for salespeople and clients with title insurance questions.

Qualifications

• JD required.
• Entry-level underwriting experience on commercial transactions.
• Knowledge of state title guidelines is helpful.

Responsibilities

• Underwrite title insurance for commercial real estate transactions.
• Assist national escrow officers in closing transactions.
• Negotiate policy and endorsement coverages with principals and attorneys.
• Provide support to sales staff and clients on title insurance questions.

Skills

Underwriting

Endorsements

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.

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:

$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