National Commercial Underwriter

Old Republic Title

$120K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in national commercial underwriting and closing transactions
  • Strong knowledge of endorsement and policy coverages
  • Familiarity with state-specific title insurance guidelines
  • Ability to manage multiple transactions in a fast-paced environment
  • Exceptional customer service and teamwork skills
  • Juris Doctor (JD) required

Responsibilities

  • Underwrite title insurance policies for commercial real estate transactions
  • Assist escrow officers in closing transactions effectively
  • Negotiate endorsement and policy coverages with stakeholders
  • Serve as a resource for sales and clients regarding title insurance questions
  • Review and analyze complex commercial real estate transactions

Benefits

  • Comprehensive medical, dental, and vision plans
  • 401(k) with discretionary company match
  • Shareholder Purchase and Reinvestment Plan
  • Paid life and accidental death insurance
  • Fertility and Family Building Benefits
  • Paid Disability benefits
  • Paid time off and 11 company-paid holidays
  • Flexible spending account and health savings account
  • Employee Assistance and Educational Assistance Programs
  • Voluntary benefits including Critical Illness and Pet Insurance
  • Free title insurance for primary residence and transportation benefits
Full Job Description
CENTRAL TITLE DIVISION

Job Description:

Old Republic National Title Insurance Company seeks an experienced 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

  • Minimum 5 years' experience underwriting and closing single and multi-site commercial transactions for properties located nationwide.
  • Solid understanding of endorsement and policy coverages along with experience of negotiating 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.
  • JD required

 

#LI-KT1

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:

$120,000 - $150,000

This position is typically eligible for bonus-based incentive compensation, at the Company’s discretion.

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.

For California applicants, please click the following link to view our CCPA Applicant Notice

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