Commercial Title Underwriter Position Available In Wake, North Carolina

Tallo's Job Summary: The Commercial Title Underwriter reviews title research, issues commitments, and policies, and assists with managing commercial business. Responsibilities include drafting title documents, answering inquiries, managing transactions, and preparing reports. Ideal candidates have commercial real estate or title underwriting experience. A high school diploma or GED is required. This position may require obtaining a title insurance agent license. The employer offers a comprehensive benefits package.

Company:
Unclassified
Salary:
JobFull-timeOnsite

Job Description

Review preliminary opinion of title research and recommend and issue commitment in compliance with underwriting procedures and guidelines for commercial and residential properties prior to closing. Issue title policy, apply premium payments and prepare and generate related reports. Assist in-house title counsel with managing existing and building new commercial business. Job Duties and Responsibilities (Essential Job Functions) 1. Draft and recommend title commitments, policies, and endorsements. (60-65%) Review preliminary opinion of title from closing attorney and underwrite; apply requirements, determine exceptions and insurance coverage amount. Review of ALTA surveys. Identify title issues and further research and resolve issues with in-house title counsel. Work with in-house title counsel on high liability transactions to obtain final approvals. Issue commitment and make revisions as requested from closing attorney prior to closing. Issue title policy upon receipt of final opinion of title from closing attorney. Work with in-house title counsel to manage commercial transaction(s) from contact to close. 2. Answer phone call requests for searches of prior policies, premium quotes, and underwriting questions. (10-15%) 3. Receive and apply premium payments, post payments and prepare bank deposit. (10-15%) 4. Manage commercial transactions, customers and vendors. (10-15%) 5. Compile information for monthly reporting to title companies for which policies are issued. (0

  • 5% 6. Maintain notebook to quickly access current underwriting requirements and exceptions. (0
  • 5%) 7. Perform other duties as requested or assigned. (0
  • 5%) Performance Expectations Meet all performance and behavior expectations outlined in the company performance appraisal form or communicated by management.

Perform responsibilities as directed achieving desired results within expected time frames and with a high degree of quality and professionalism. Establish and maintain positive and productive work relationships with all staff, customers and business partners. Demonstrate the behavioral and technical competencies necessary to effectively complete job responsibilities. Take personal initiative for technical and professional development. Follow the company HR Policy, the Code of Business Conduct and all subsidiary and department policies and procedures, including protecting confidential company information, attending work punctually and regularly, and following good safety practices in all activities.

Qualifications Education:

Minimum of high school diploma or GED.

Experience:

Commercial Real Estate Paralegal experience (preferred), or Commercial NC, SC and/or national Title Underwriter experience

Knowledge and Skills:

Proficiency with business software and Microsoft Office including Word, Excel and Outlook. SoftPro Select experience desired, but not required. Ability to work as a member in a team-oriented environment. Ability to be flexible and able to handle multiple tasks and projects concurrently. Highly developed written, oral communication and interpersonal skills High-degree of integrity, self-motivated, detail oriented, and possess a good aptitude for figures. Other (licenses, certifications, schedule flexibility/OT, travel, etc.): Position requires employee to currently have or to acquire a title insurance agent license within first three months of employment. We offer a full suite of benefits including Medical, Health Savings Account, Dental, Vision, Life Insurance, Paid Vacation (PTO), 401(k) with employer match, Flexible Spending Account, and Employee Assistance Program (EAP) Equal Opportunity Employer

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