Junior Commercial Underwriting Counsel

About the role

Old Republic National Title Insurance Company seeks a Junior National Commercial Underwriter in its national commercial office in Chicago. This role involves underwriting title insurance policy coverages for commercial real estate transactions, assisting national commercial escrow officers in closing transactions, negotiating policy coverage and endorsement coverage, and serving as a resource for salespeople and their clients.

Responsibilities

• Underwrite title insurance policy coverages for commercial real estate transactions.
• Aid national commercial escrow officers in closing transactions and negotiate policy coverage and endorsement coverage.
• Provide support to salespeople and clients regarding title insurance and real estate matters.
• Work on multiple transactions simultaneously in a fast-paced environment.
• Show excellent customer service skills and collaborate effectively with a team.

Requirements

• JD required
• Entry-level experience underwriting and closing single and multi-site commercial transactions for properties nationwide
• Ability to understand endorsement and policy coverages and negotiate these coverages with principals and their attorneys
• Working knowledge of State-by-State title insurance guidelines and real estate practices, including endorsement availability, policy availability, transfer tax, mortgage tax, and forms of conveyance

Qualifications

• Outstanding customer service skills
• Willingness and ability to work in a professional and collegial manner with a team

Skills

• Understanding of endorsement and policy coverages
• Negotiation skills with principals and their attorneys
• Knowledge of State-by-State title insurance guidelines and real estate practices

Benefits

• 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
• Education 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

Pay

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

Schedule

Not specified