Underwriting and Commercial Clearance Counsel

Old-Republic-Internationa; Hoboken (NJ); Hybrid; USD 200,000 - 275,000; Full time

Job summary

Old Republic Title in Hoboken/NJ seeks a National Underwriting and Commercial Clearance Counsel to support national commercial real estate closings. You will review and approve underwriting decisions, coordinate with NYC offices, and ensure compliance with state regulations.

The role requires a JD, active bar in good standing, 8+ years in underwriting, and strong knowledge of multi-state title projects and commercial insurance. Hybrid schedule may be available after onboarding.

Qualifications

• Juris Doctor; active and current member of a State Bar.
• Minimum 8 years of experience in an underwriting position; 10+ years preferred.
• Extensive experience with multi-state, multi-property commercial title projects.
• Strong knowledge of commercial insurance coverage and real estate terminology.
• Experience with residential title is a plus; familiarity with NYC/ NY State title insurance is a plus.
• Ability to explain decision making and provide guidance to the production team.

Responsibilities

• Provide title insurance underwriting support for national commercial real estate transactions.
• Review documents, deeds, mortgages, court orders, decrees, regulations and other instruments for sufficiency.
• Provide written approval for transactions exceeding single risk liability limits.
• Coordinate and assist in closing transactions as needed.
• Assist with claims support and continuing education, ensuring compliance with state regulations.

Skills

Juris Doctor

Bar admission

Underwriting expertise

Commercial title knowledge

Communication

Education

Juris Doctor degree

Job description

EASTERN TITLE DIVISIONJob Description:In this role, the National Underwriting and Commercial Clearance Counsel follows a variety of established industry and company guidelines to determine and execute the most effective and efficient method to support national commercial real estate transaction closings. National Commercial Services (NCS) transactions characteristically include multiple parties, sites and locations, and involve complex underwriting requirements.The position is responsible for ensuring that assigned pre-closing, closing, and post-closing activities are fully completed in an accurate, timely, and legally compliant manner.Location: Hoboken office, this position may be eligible for a 2 day per week hybrid work scenario at the sole discretion of the Supervisor, following on-boarding and training.Experience required:Juris Doctor; active and current member of a State Bar.Minimum 8 years of experience in an underwriting position; 10+ years preferred.Extensive experience with multi-state, multi-property commercial title projects required.Strong knowledge of commercial insurance coverage, and real estate terminology.Additional experience with residential title is a plus. Familiarity with NYC and NY State title insurance is a plus.Ability to explain decision making process and provide guidance to members of the production team.Daily responsibilities may include:Primarily responsible for providing title insurance underwriting support for national commercial real estate transactions closed by the NCS offices in Hoboken NJ and New York City.Review documents, deeds, mortgages, court orders, decrees, regulations, and other legal instruments for legal sufficiency.Provide written approval for transactions that exceed single risk liability limits.Provide guidance and direction on general underwriting matters, and, as needed, coordinate and assist in closing transactions.Assist with claims support, continuing education, and ensuring compliance with state regulations concerning title insurance.Save electronically in the file copies of relevant underwriting proofs, approvals and the basis for underwriting decisions.Participate in Continuing Education opportunities offered by / assigned by ORT CorporateTake initiative to learn and grow as a team member.The ability to read, analyze and interpret complex legal documents.The ability to apply logic or legal principles to a wide variety of complex problems.Knowledge of the title insurance industry, including knowledge of its products, policies, and endorsements.#LI-MB1#CommercialUnderwriter#TitleInsuranceThe 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:$200,000 - $275,000Benefits may include:Comprehensive medical, prescriptions, dental and vision plans401(k) plan with a discretionary company matchShareholder Purchase and Reinvestment PlanBasic life and accidental death and dismemberment insurance premium paid by the companyVoluntary supplemental life insurance for employees, spouses and dependent childrenFertility and Family Building BenefitsPaid Disability benefitsPaid time off programs11 Company paid holidays per yearFlexible spending accountHealth savings account (available to High Deductible Health Plan participants only)Employee Assistance ProgramEducational Assistance ProgramVoluntary benefits, such as Critical Illness, Hospital Indemnity, Pet Insurance and Accident InsuranceTitle insurance policies and certain escrow services for the employee’s primary personal residence at no chargeTransportation benefit plan for mass transit, parking and vanpool, in several marketsNote: 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 NoticeOld Republic Title is an Equal Opportunity Employer