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HomeServices of America, Inc.

Title Underwriter

Career Insights for Insurance Underwriter (General)

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Based on North Carolina data

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What they do

An Insurance Underwriter evaluates and measures risk and advises businesses in insurance, banking and securities. Recommends customers to be approved for insurance coverage, and develops policies and premium levels. Reviews loan applications, evaluates credit-worthiness of loan applicants and analyzes the investment risk of a loan for the bank. Evaluates risk in different types of securities and advises clients on investments that will yield highest profits.

$72,906 / year median in North Carolina

-4% projected decline

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Job Description

Purpose of Job Review preliminary opinion of title research and recommend and issue commitment in compliance with underwriting procedures and guidelines for residential and commercial properties prior to closing. Issue title policy, apply premium payments and prepare and generate related reports. Job Duties and Responsibilities (Essential Job Functions) 1. Draft and recommend title commitments and policies. (60-65%)
  • Review preliminary opinion of title from closing attorney and underwrite; apply requirements, determine exceptions and insurance coverage amount.
  • 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.
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. Issue commitment revisions and policy endorsements. (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 company performance appraisal forms 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.
  • Follow company HR Policy, Code of Business Conduct, and all subsidiary and department policies and procedures.
Qualifications Education:
  • Minimum of high school diploma or GED.
Experience:
  • One to two years office administrative or insurance industry experience.
Knowledge and Skills:
  • Proficiency with business software and Microsoft Office including Word, Excel and Outlook.
  • Strong interpersonal and customer service skills.
  • Ability to work as a member in a team-oriented environment.
  • Ability to be flexible and handle multiple tasks under deadline pressure.
  • High degree of integrity, self-motivated, detail oriented, and possess a good aptitude for figures.
Other:
  • Position requires employee to currently have or 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

Benefits

  • Paid Time Off (PTO)
  • 401(k) Plans
  • Other Retirement and Savings
  • Health and Wellness Programs