7+ years of experience in commercial transactions, with portfolio transactions preferred
Experience underwriting in multiple states; Texas knowledge is a plus
Ability to independently manage complex, high-dollar, and time-sensitive transactions
Understanding of TDI rate rules and promulgated forms
Juris doctorate required
Proficiency with Softpro desired but not mandatory
Responsibilities
Lead and underwrite transactions in licensed states for Sightline Land Services
Resolve commitment issues, title object letters, and proforma issues
Review surveys and issue endorsements for licensed states
Utilize underwriting standards within delegated authority limits
Analyze recordings to identify risks and verify title conditions
Create and issue underwriting standards in line with company processes
Serve as the primary contact throughout the transaction up to closing
Benefits
Remote work flexibility
Opportunity to work on high-profile national transactions
Engagement with a diverse range of commercial real estate assets
Collaboration with multiple underwriters and workshare partners
Potential for discretionary bonuses based on performance
Full Job Description
The Senior National Underwriter leads transactions on a national multi-state/site, and high-profile title insurance transactions on behalf of Sightline Land Services.
Roles & Responsibilities:
Senior National Underwriting will underwrite and lead transactions in states Sightline obtains licenses
Work through and resolve commitment issues, title object letters, proforma issues and final policies for licensed states
Survey review and endorsement issuance for licensed states
Utilize underwriting standards and guidelines within delegated authority limits to underwriter the issuance of title insurance
Analyze recordings including liens, judgments, easements, surveys, legal descriptions, and vesting documents to identify risks and verify title conditions
Properly provide pricing for commitments or reports, endorsements, final policies and guarantees using appropriate schedules
Create and issue underwriting standards and guidelines in accordance with established company processes
Review and approve all title clearance
Edit commitments for licensed state deals
Generate proformas and final policies for licensed state deals
Serve as primary point of contact throughout the transaction up to closing
Ensure recordings are successfully and timely recorded and Issue final policies
Ensure all documents are uploaded to Softpro or document repository correctly
Independently underwrite, direct, and oversee all aspects and phases of the title insurance process on large and complex national commercial real estate transactions, including those involving high-profile assets and/or large numbers of assets located in multiple jurisdictions;
Independently and proactively identify possible title insurance coverage issues on national transactions and work with national underwriters and other transaction parties to negotiate solutions on such matters;
Facilitate and oversee the escrow, closing and settlement processes on commercial real estate transactions; review, approve and comply with all escrow instructions and settlement requirements;
Independently review and approve all transaction-required documentation, such as deeds, security instruments, affidavits, organizational and authority documents, releasees, etc. that are necessary to the issuance of a title policy;
Negotiate and calculate title premiums and fees on commercial real estate transactions
Thorough understanding of fundamental title insurance and underwriting concepts, such as title exceptions, affirmative coverages and endorsements, surveys and survey coverage, non-imputation, co-insurance, mezzanine endorsements and similar matters;
Comprehensive understanding of industry workshare models and regulatory limitations and ability to oversee and facilitate team compliance with related Sightline policies and procedures;
Primary contact for all workshare partners and underwriters; facilitate and coordinate interaction and cooperation among multiple underwriter(s) and workshare partners on transactions, where applicable;
Oversight of deal pipeline information and reporting
Requirements
Remote work possible
Experience underwriting in multiple states; knowledge of Texas underwriting a plus
7+ years experience with commercial transactions (portfolio transactions a plus)
Ability to independently manage complex, high-dollar and time sensitive transactions
Proficiency with Softpro desired but not required
Understanding of TDI rate rules and promulgated forms
Juris doctorate required
It is expected that the base annual salary range for this Chicago, Dallas or remote-based non-exempt position will be $165,000 to $210,000. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
About Blue Owl
Blue Owl is an insurance company that uses data and technology to provide personalized insurance products to its customers. The company offers auto, home, and renters insurance, and uses artificial intelligence to determine the best coverage options for each customer. Blue Owl was founded in 2020 and is headquartered in San Francisco, California.
