Commercial Real Estate Paralegal

Old Republic Title•Andover, MA

2d•$45 - $50•Hybrid

About The Position

The Commercial Real Estate Paralegal plays a pivotal role in supporting the legal, underwriting, and escrow operations at Old Republic Title. This position is responsible for managing complex real estate transactions and ensuring that all legal, procedural, and administrative aspects are handled accurately and efficiently. The paralegal provides legal and administrative support to Underwriting, including Commercial Services, Underwriting Counsels, Commercial Examiners, Underwriting Management, and Escrow Services. This is a hybrid role based out of our Andover, MA office.

Requirements

High school diploma or equivalent.
Paralegal degree/certification or minimum 3 years of related practical experience with a law firm or commercial title insurer.
Minimum of two (2) years’ experience as a commercial real estate paralegal, including title insurance commitments, policies, settlement statements, closings, and post-closing, preferred.
Bookkeeping experience preferred.
Experience with closing software
Knowledge of the title insurance and information industry is preferred.
Strong oral and written communication skills and the ability to communicate concisely and politely.
Ability to independently process commercial and large transactional real estate closings from start to finish.
Strong mathematical skills.
Detail oriented.
Able to multi-task and prioritize work to meet deadlines.
Excellent problem solving and organizational skills.
Able to build and maintain strong relationships with internal and external customers.
Able to work independently.
Windows and Microsoft Office competency (including but not limited to, intermediate to advanced Excel competency, word processing, navigating in databases, and creating presentations)

Responsibilities

Independently facilitate Member closings, including closing statement preparation, document preparation, recording, phone and email communications with Members and other parties, and coordination with Escrow Services.
Prepare pro-forma policies and endorsements.
Prepare final title policies.
Process draw requests, including ordering title updates and preparing endorsements and invoices.
Maintain construction services files.
Partner with Escrow Services and Underwriters team to review, edit, and have executed, any escrow agreements and provide information and proper documentation required for deposit of funds into escrow accounts.
Oversee and create invoicing for Commercial Services fees.
Work with Underwriters, and Company’s offices, agents, and attorneys nationwide to refer, coordinate, track, and follow-up on in-state orders.
Assist staff with inquiries related to Escrow Services.
Ability to work overtime as requested by management.

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
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