Commercial Real Estate Paralegal

Old Republic

$93K — $104K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • High school diploma or equivalent required.
  • Paralegal degree/certification or 3 years of related experience in law or commercial title insurance.
  • At least 2 years experience as a commercial real estate paralegal is preferred.
  • Bookkeeping experience preferred.
  • Proficiency with closing software and Microsoft Office, especially Excel.

Responsibilities

  • Facilitate Member closings by preparing documents and coordinating with multiple parties.
  • Prepare pro-forma title policies and endorsements.
  • Draft final title policies and manage draw requests effectively.
  • Collaborate with Escrow Services to ensure escrow agreements are executed correctly.
  • Oversee invoicing for Commercial Services fees and maintain proper financial documentation.
  • Coordinate nationwide orders with Underwriters and other agency offices.
  • Assist with inquiries related to Escrow Services to support staff and clients.

Benefits

  • Comprehensive medical, dental, and vision plans.
  • 401(k) with discretionary company match.
  • Fertility and Family Building Benefits.
  • Generous paid time off and 11 company-paid holidays annually.
  • Educational Assistance Program for professional growth.
  • Employee assistance programs for mental well-being.
  • No-cost title insurance and certain escrow services for personal residences.
Full Job Description
EASTERN TITLE DIVISION

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.

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

#LI-MO1

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

Note: 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.

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